Note 12 - Segment Information

6 Months Ended

Jun. 30, 2011

Segment Reporting Disclosure [Text Block]

(12) SEGMENT INFORMATION

We have three reportable segments, which are also our reporting units: Mechanical Products, Thermal Products and Electrical Products.

The Mechanical Products segment includes the operations of our Mt. Laurel, New Jersey manufacturing facility. Sales of our Mechanical Products segment consist primarily of manipulator and docking hardware products, which we design, manufacture and market. In addition, this segment provides post warranty service and support for various ATE equipment.

The Thermal Products segment includes the operations of Temptronic Corporation, Sigma Systems Corp., Temptronic GmbH (Germany), and inTEST Pte, Limited (Singapore). Sales of this segment consist primarily of temperature management systems which we design, manufacture and market under our Temptronic and Sigma Systems product lines. In addition, this segment provides post warranty service and support.

The Electrical Products segment includes the operations of inTEST Silicon Valley Corporation. Sales of this segment consist primarily of tester interface products which we design, manufacture and market.

We operate our business worldwide, and all three segments sell their products both domestically and internationally. All three segments sell to semiconductor manufacturers, third-party test and assembly houses and ATE manufacturers. Our Thermal Products segment also sells into a variety of industries outside of the semiconductor industry, including the aerospace, automotive, communications, consumer electronics, defense and medical industries. Intercompany pricing between segments is either a multiple of cost for component parts or list price for finished goods.

	Three Months Ended  June 30,						Six Months Ended June 30,
Net revenues from unaffiliated customers:	2011			2010			2011			2010
Mechanical Products	$	5,097		$	7,778		$	10,127		$	12,534
Thermal Products		6,667			4,726			12,021			8,238
Electrical Products		2,040			2,776			3,386			4,038
Intersegment sales		(4	)		(20	)		(30	)		(21	)
	$	13,800		$	15,260		$	25,504		$	24,789
Intersegment sales:
Mechanical Products	$	4		$	4		$	4		$	4
Thermal Products		-			-			-			-
Electrical Products		-			16			26			17
	$	4		$	20		$	30		$	21
Earnings (loss) before income taxes:
Mechanical Products	$	591		$	1,864		$	1,112		$	2,914
Thermal Products		1,830			475			2,593			499
Electrical Products		525			960			680			1,125
Corporate		(213	)		(133	)		(335	)		(257	)
	$	2,733		$	3,166		$	4,050		$	4,281
Net earnings (loss):
Mechanical Products	$	554		$	1,859		$	1,027		$	2,906
Thermal Products		1,789			482			2,534			506
Electrical Products		510			960			660			1,125
Corporate		(198	)		(133	)		(309	)		(257	)
	$	2,655		$	3,168		$	3,912		$	4,280
Identifiable assets:							June 30,  2011			Dec. 31, 2010
Mechanical Products							$	8,741		$	7,617
Thermal Products								14,459			11,315
Electrical Products								3,074			2,476
							$	26,274		$	21,408

The following table provides information about our geographic areas of operation. Net revenues from unaffiliated customers are based on the location to which the goods are shipped.

	Three Months Ended  June 30,				Six Months Ended  June 30,
Net revenues from unaffiliated customers:	2011		2010		2011		2010
U.S.	$	4,796	$	5,429	$	9,023	$	8,212
Foreign		9,004		9,831		16,481		16,577
	$	13,800	$	15,260	$	25,504	$	24,789
					June 30,  2011		Dec. 31, 2010
Long-lived assets:
U.S.					$	827	$	359
Foreign						310		359
					$	1,137	$	718