NOTE 8 - SEGMENT INFORMATION

9 Months Ended

Sep. 29, 2012

Segment Reporting Disclosure [Text Block]

NOTE 8 – SEGMENT INFORMATION

The Engineering and Construction segment provides services relating to the development, management and execution of projects requiring professional engineering and related project services primarily to the midstream and downstream sectors throughout the United States. Services provided by the Engineering and Construction segment include feasibility studies, engineering, design, procurement and construction management. The Engineering and Construction segment includes the government services group, which provides engineering, design, installation and operation and maintenance of various government, public sector and international facilities. The Automation segment provides services related to the design, fabrication and implementation of process distributed control and analyzer systems, advanced automation, information technology, electrical and heat tracing projects primarily to the upstream and downstream sectors throughout the United States as well as specific projects in the Middle East and Central Asia.

Identifiable assets, revenue, gross profit and operating income for each segment are set forth in the following table. The amount identified as corporate includes those activities that are not allocated to the operating segments and include costs related to business development, executive functions, finance, accounting, health, safety, and environmental, human resources and information technology that are not specifically identifiable with the segments. The Corporate function supports all business segments and therefore cannot be specifically assigned to any specific segment. A significant portion of corporate costs are allocated to each segment based on each segment's revenue.

Total Assets by Segment	As of September 29, 2012		As of December 31, 2011
	(amounts in thousands)
Engineering and Construction	$	37,033		$	52,108
Automation		28,009			24,080
Field Solutions*		13,103			15,297
Electrical Services*		710			3,757
Corporate		7,638			8,937
Total	$	86,493		$	104,179
* All of these assets are included in assets held for sale from discontinued operations as of September 29, 2012 and December 31, 2011.

Statement of Operations Data:	Engineering and Construction			Automation		Corporate			Consolidated
	(amounts in thousands)
Three months ended September 29, 2012
Revenue	$	40,779		$	16,703	$	—		$	57,482
Gross profit (loss)		2,638			2,734		(2,102	)		3,270
SG&A		2,055			1,096		3,011			6,162
Goodwill impairment		14,568			—		—			14,568
Operating income (loss)		(13,985	)		1,638		(5,113	)		( 17,460	)
Other expense										(98	)
Interest expense, net										(643	)
Tax expense										(412	)
Discontinued operations - net of taxes										(3,717	)
Net loss										(22,330	)
Three months ended September 30, 2011
Revenue	$	46,695		$	13,787	$	—		$	60,482
Gross profit		4,659			2,117		—			6,776
SG&A		2,009			1,148		3,525			6,682
Operating income (loss)		2,650			969		(3,525	)		94
Other expense										(8	)
Interest expense, net										(303	)
Tax expense										(138	)
Discontinued operations - net of taxes										(918	)
Net loss									$	(1,273	)

Statement of Operations Data:	Engineering and Construction			Automation			Corporate			Consolidated
				(amounts in thousands)
Nine months ended September 29, 2012
Revenue	$	131,161		$	44,644		$	—		$	175,805
Gross profit (loss)		9,874			5,578			(2,102	)		13,350
SG&A		6,684			3,186			9,431			19,301
Goodwill impairment		14,568			—			—			14,568
Operating income (loss)		(11,378	)		2,392			(11,533	)		(20,519	)
Other expense											(100	)
Interest expense, net											(1,320	)
Tax expense											(5,606	)
Discontinued operations - net of taxes											(4,779	)
Net loss										$	(32,324	)
Nine months ended September 30, 2011
Revenue before eliminations	$	128,240		$	34,949		$	—		$	163,189
Inter-segment eliminations		(1	)		(227	)		—			(228	)
Revenue		128,239			34,722			—			162,961
Gross profit		12,240			4,954			—			17,194
SG&A		5,702			3,083			9,931			18,716
Operating income (loss)		6,538			1,871			(9,931	)		(1,522	)
Other expense											(68	)
Interest expense, net											(711	)
Tax benefit											460
Discontinued operations - net of taxes											(1,263	)
Net loss										$	(3,104	)