Note 17 - Segment Information

12 Months Ended

Dec. 31, 2011

Notes To Financial Statements

Segment Reporting Disclosure [Text Block]

(17)   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 and defense industries. Intercompany pricing between segments is either a multiple of cost for component parts or list price for finished goods.

	Years Ended December 31,
Net revenues from unaffiliated customers:	2011			2010
Mechanical Products	$	15,208		$	20,087
Thermal Products		26,942			18,194
Electrical Products		5,151			7,973
Intersegment sales		(35	)		(50	)
	$	47,266		$	46,204
Intersegment sales:
Mechanical Products	$	7		$	9
Thermal Products		-			-
Electrical Products		28			41
	$	35		$	50

	Years Ended December 31,
Depreciation/amortization:	2011			2010
Mechanical Products	$	59		$	24
Thermal Products		319			362
Electrical Products		16			9
	$	394		$	395
Operating income (loss):
Mechanical Products	$	736		$	3,180
Thermal Products		6,951			2,280
Electrical Products		457			2,083
Corporate		(566	)		(193	)
	$	7,578		$	7,350
Earnings (loss) before income tax expense (benefit):
Mechanical Products	$	785		$	3,256
Thermal Products		6,965			2,273
Electrical Products		475			2,064
Corporate		(566	)		(193	)
	$	7,659		$	7,400
Income tax expense (benefit):
Mechanical Products	$	(170	)	$	74
Thermal Products		(1,823	)		33
Electrical Products		(142	)		45
Corporate		(69	)		(4	)
	$	(2,204	)	$	148
Net earnings (loss):
Mechanical Products	$	955		$	3,182
Thermal Products		8,788			2,240
Electrical Products		617			2,019
Corporate		(497	)		(189	)
	$	9,863		$	7,252
Capital expenditures:
Mechanical Products	$	264		$	139
Thermal Products		431			408
Electrical Products		85			112
	$	780		$	659

	December 31,
Identifiable assets:	2011		2010
Mechanical Products	$	8,240	$	7,617
Thermal Products		20,030		11,315
Electrical Products		2,967		2,476
	$	31,237	$	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.

	Years Ended December 31,
Net revenues from unaffiliated customers:	2011		2010
U.S.	$	19,165	$	17,510
Foreign		28,101		28,694
	$	47,266	$	46,204

	December 31,
Long-lived assets:	2011		2010
U.S.	$	836	$	359
Foreign		298		359
	$	1,134	$	718