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Business Segments
3 Months Ended
Dec. 31, 2012
Business Segments [Abstract]  
Business Segments

I. BUSINESS SEGMENTS

 

We manage our business through operating segments, which are comprised of two reportable business segments: Electrical Power Products and Process Control Systems. Electrical Power Products includes equipment and systems for the distribution and control of electrical energy. Process Control Systems consists principally of instrumentation, computer controls, communications and data management systems to control and manage critical processes.

 

The table below reflects certain information relating to our operations by reportable segment. All revenues represent sales from unaffiliated customers. The accounting policies of the business segments are the same as those described in the summary of significant accounting policies. Corporate expenses are allocated to the business segments primarily based on revenues.  The corporate assets are mainly cash, cash equivalents and marketable securities.

 

Detailed information regarding our business segments is shown below (in thousands):

 

 

 

 

 

 

 

 

 

Three Months Ended

 

December 31,

 

2012

 

2011

Revenues:

 

 

 

 

 

Electrical Power Products

$

146,136 

 

$

150,664 

Process Control Systems

 

7,805 

 

 

6,792 

Total

$

153,941 

 

$

157,456 

 

 

 

 

 

 

Gross profit:

 

 

 

 

 

Electrical Power Products

$

32,377 

 

$

18,993 

Process Control Systems

 

1,407 

 

 

1,385 

Total

$

33,784 

 

$

20,378 

 

 

 

 

 

 

Income (loss) before income taxes:

 

 

 

 

 

Electrical Power Products

$

11,154 

 

$

(21)

Process Control Systems

 

(200)

 

 

(114)

Total

$

10,954 

 

$

(135)

 

 

 

 

 

 

Depreciation and amortization:

 

 

 

 

 

Electrical Power Products

$

3,053 

 

$

3,185 

Process Control Systems

 

20 

 

 

(12)

Total

$

3,073 

 

$

3,173