OPERATING SEGMENTS

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

OPERATING SEGMENTS

OPERATING SEGMENTS

The Company has two reportable operating segments: electronic devices and communications equipment. The electronic devices segment manufactures and markets electronic power supplies, radio frequency (''RF'') and microwave devices and subsystem assemblies. The electronic devices segment consists of the Company’s two electronic device manufacturing subsidiaries located in England, Pascall Electronics Limited and XCEL Power Systems Limited, both of which offer the same or similar products to the same or similar customers.  The communications equipment segment designs, manufactures and distributes network access products and timing and synchronization products.  The communications equipment segment consists of operating entities CXR Larus, which is located in the United States, and CXR Anderson Jacobson (“CXR AJ”), which is located in France, both of which offer the same or similar products to similar customers.  Both segments operate primarily in the U.S. and European markets, but products are shipped to wider geographic markets. The segments have distinctly different customers, design and manufacturing processes and marketing strategies.  Each segment has discrete financial information and a separate management structure.

The Company evaluates performance based upon contribution margin of the segments and also upon profit or loss from operations before income taxes exclusive of nonrecurring gains and losses. There are few sales between the segments and the Company accounts for inter-segmental sales at pre-determined prices negotiated between the individual segments.

Selected financial data for each of the Company’s operating segments reconciled to the consolidated totals is shown below (in thousands):

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2012			2011			2012			2011
Net sales
Electronic devices	$	6,124		$	5,803		$	17,480		$	15,130
Communications equipment	2,111			3,085			6,894			8,421
Total net sales	$	8,235		$	8,888		$	24,374		$	23,551
Operating income (loss)
Electronic devices	$	942		$	838		$	2,289		$	1,324
Communications equipment	(72		)	(112		)	(550		)	(783		)
Corporate and other	(654		)	(663		)	(2,289		)	(2,578		)
Total operating income/(loss)	$	216		$	63		$	(550	)	$	(2,037	)

	September 30, 2012		December 31, 2011
Total assets
Electronic devices	$	16,305	$	16,188
Communications equipment	6,030		7,262
Corporate and other	623		873
Assets held for resale	—		345
Total assets	$	22,958	$	24,668