NOTE 6 - SEGMENT INFORMATION

3 Months Ended

Mar. 30, 2013

Segment Reporting Disclosure [Text Block]

NOTE 6 – 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, Africa and Central Asia.

Sales, operating income, identifiable assets, capital expenditures and depreciation 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.

Segment information for the three months ended March 30, 2013 and March 31, 2012 is as follows (dollars in thousands):

For the three months ended	Engineering and Construction		Automation		Corporate			Consolidated
March 30, 2013:
Revenue	$	40,057	$	9,706	$	—		$	49,763
Gross profit		3,813		1,986		—			5,799
SG&A		1,860		971		3,381			6,212
Operating income (loss)		1,953		1,015		(3,381	)		(413	)
Other income									122
Interest expense, net									(614	)
Tax expense									(93	)
Discontinued operations - net of taxes									2,935
Net income								$	1,937

March 31, 2012:
Revenue	$	45,567	$	13,605	$	—		$	59,172
Gross profit		5,052		1,498		—			6,550
SG&A		2,012		1,080		4,034			7,126
Operating income (loss)		3,040		418		(4,034	)		(576	)
Other expense									1
Interest expense, net									(302	)
Tax benefit									26
Discontinued operations - net of taxes									711
Net loss								$	(140	)

Total Assets by Segment	As of March 30, 2013		As of December 29, 2012
	(dollars in thousands)
Engineering and Construction	$	38,668	$	35,251
Automation		16,821		25,445
Corporate*		15,308		17,991
Consolidated	$	70,797	$	78,687

*Includes less than $0.1 million of assets held for sale from discontinued operations at December 29, 2012.