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Note 12 - Segment Information
 6 Months Ended
Jun. 30, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
(
12
)
SEGMENT INFORMATION
 
We have
two
reportable segments, which are also our reporting units, Thermal and EMS.

Thermal includes the operations of Temptronic, Thermonics, Sigma, inTEST Thermal Solutions GmbH (Germany), inTEST Pte, Limited (Singapore) and Ambrell, which we acquired in
May 2017,
as discussed in Note
3.
Sales of this segment consist primarily of temperature management systems which we design, manufacture and market under our Temptronic, Thermonics and Sigma product lines, and precision induction heating systems which are designed, manufactured and marketed by Ambrell. In addition, this segment provides post-warranty service and support.
 
EMS includes the operations of our manufacturing facilities in Mt. Laurel, New Jersey and Fremont, California. Sales of this segment consist primarily of manipulator, docking hardware and tester interface products, which we design, manufacture and market.
 
We operate our business worldwide and sell our products both domestically and internationally. Both of our segments sell to semiconductor manufacturers,
third
-party test and assembly houses, ATE manufacturers and integrators. Thermal also sells into a variety of markets outside of the semiconductor market, including the automotive, consumer electronics, consumer product packaging, defense/aerospace, energy, fiber optics, industrial, telecommunications and other markets.
 
   
Three Months Ended
June 30,
   
Six Months Ended
June 30,
 
   
2018
   
2017
   
2018
   
2017
  
Net Revenues:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Thermal
   $
13,999
     $
9,194
     $
27,233
     $
16,970
  
EMS
    
7,098
      
6,694
      
12,735
      
13,098
  
    $
21,097
     $
15,888
     $
39,968
     $
30,068
  
Earnings (loss) before income tax expense (benefit):
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Thermal
   $
2,592
     $
1,350
     $
2,500
     $
3,196
  
EMS
    
2,194
      
2,163
      
3,486
      
3,861
  
Corporate
    
(390
)
    
(1,177
)
    
(608
)
    
(1,549
)
    $
4,396
     $
2,336
     $
5,378
     $
5,508
  
Net earnings (loss):
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Thermal
   $
2,415
     $
835
     $
1,960
     $
2,045
  
EMS
    
1,945
      
1,338
      
2,950
      
2,450
  
Corporate
    
(346
)
    
(728
)
    
(515
)
    
(972
)
    $
4,014
     $
1,445
     $
4,395
     $
3,523
  
 
   
June 30,
2018
   
December 31,
2017
 
Identifiable assets:
  
 
 
 
  
 
 
 
Thermal
   $
52,156
     $
50,408
  
EMS
    
9,881
      
12,085
  
    $
62,037
     $
62,493
  
 
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,
 
   
2018
   
2017
   
2018
   
2017
 
Net revenues:
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
U.S.
   $
6,818
     $
4,580
     $
13,361
     $
7,466
  
Foreign
    
14,279
      
11,308
      
26,607
      
22,602
  
    $
21,097
     $
15,888
     $
39,968
     $
30,068
  
 
   
June 30,
2018
    
December 31,
2017
  
Property and equipment:
  
 
 
 
  
 
 
 
U.S.
   $
2,571
     $
991
  
Foreign
    
370
      
550
  
    $
2,941
     $
1,541