Note 14 - Segment Information

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(14)  SEGMENT INFORMATION

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

The Thermal Products segment includes the operations of Temptronic Corporation, Thermonics, Sigma, inTEST Thermal Solutions 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, Thermonics and Sigma product lines. In addition, this segment provides post warranty service and support.

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 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 markets outside of the ATE market, including the automotive, consumer electronics, defense/aerospace, energy, industrial and telecommunications markets. 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:	2014			2013
Thermal Products	$	23,446		$	22,962
Mechanical Products		11,245			9,962
Electrical Products		7,105			6,502
	$	41,796		$	39,426
Depreciation/amortization:
Thermal Products	$	720		$	695
Mechanical Products		87			79
Electrical Products		72			73
	$	879		$	847
Operating income (loss):
Thermal Products	$	4,740		$	4,322
Mechanical Products		(18	)		(784	)
Electrical Products		781			722
Corporate		(587	)		(298	)
	$	4,916		$	3,962
Earnings (loss) before income tax expense (benefit):
Thermal Products	$	4,699		$	4,327
Mechanical Products		(5	)		(772	)
Electrical Products		802			751
Corporate		(587	)		(298	)
	$	4,909		$	4,008
Income tax expense (benefit):
Thermal Products	$	1,407		$	1,005
Mechanical Products		(2	)		(179	)
Electrical Products		240			174
Corporate		(175	)		(69	)
	$	1,470		$	931
Net earnings (loss):
Thermal Products	$	3,292		$	3,322
Mechanical Products		(3	)		(593	)
Electrical Products		562			577
Corporate		(412	)		(229	)
	$	3,439		$	3,077
Capital expenditures:
Thermal Products	$	595		$	349
Mechanical Products		96			16
Electrical Products		140			59
	$	831		$	424

	December 31,
Identifiable assets:	2014		2013
Thermal Products	$	26,211	$	23,934
Mechanical Products		7,801		7,093
Electrical Products		4,726		4,454
	$	38,738	$	35,481

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:	2014		2013
U.S.	$	14,363	$	13,337
Foreign		27,433		26,089
	$	41,796	$	39,426

	December 31,
Property and equipment:	2014		2013
U.S.	$	621	$	700
Foreign		647		554
	$	1,268	$	1,254