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Operating Segments
3 Months Ended
Dec. 31, 2011
Operating Segments [Abstract]  
Operating Segments

We manage and measure performance of our business in three distinct operating segments: Communications, Residential and Commercial & Industrial. These segments are reflective of how the Company's Chief Operating Decision Maker (“CODM”) reviews operating results for the purposes of allocating resources and assessing performance. The Company's CODM is its Chief Executive Officer. The Communications segment consists of low voltage installation, design, planning and maintenance for mission critical infrastructure such as data centers. The Residential segment consists of electrical installation, replacement and renovation services in single-family, condominium, townhouse and low-rise multifamily housing units.

 

The Commercial & Industrial segment provides electrical design, installation, renovation, engineering and maintenance and replacement services in facilities such as office buildings, high-rise apartments and condominiums, theaters, restaurants, hotels, hospitals and critical-care facilities, school districts, light manufacturing and processing facilities, military installations, airports, outside plants, network enterprises, switch network customers, manufacturing and distribution centers, water treatment facilities, refineries, petrochemical and power plants, and alternative energy facilities.

 

The accounting policies of the segments are the same as those described in the summary of significant accounting policies. We evaluate performance based on income from operations of the respective business units prior to the allocation of Corporate office expenses. Transactions between segments are eliminated in consolidation. Our Corporate office provides general and administrative as well as support services to our three operating segments. Management allocates costs between segments for selling, general and administrative expenses and depreciation expense.

 

Segment information for the three months ended December 31, 2011 and 2010 is as follows:

 

Operating Segment Current Year
  Three Months Ended December 31, 2011
         Commercial &      
   Communications Residential Industrial Corporate Total
Revenues $ 26,102 $ 29,272 $ 59,919 $ - $ 115,293
Cost of services   22,764   24,626   56,994   -   104,384
Gross profit   3,338   4,646   2,925   -   10,909
Selling, general and administrative   2,522   3,942   3,082   3,829   13,375
Corporate allocations   474   472   1,423   (2,369)   -
Loss (gain) on sale of assets   11   4   2   -   17
Restructuring charge   -   -   582   18   600
Income (loss) from operations $ 331 $ 228 $ (2,164) $ (1,478) $ (3,083)
Other data:               
 Depreciation and amortization expense $ 65 $ 82 $ 88 $ 287 $ 522
 Capital expenditures $ 42 $ 260 $ - $ 861 $ 1,163
 Total assets $ 17,899 $ 23,095 $ 73,383 $ 47,585 $ 161,962
                 
Operating Segment Prior Year
  Three Months Ended December 31, 2010 as Restated
         Commercial &      
   Communications Residential Industrial Corporate Total
Revenues $ 19,921 $ 26,045 $ 63,845 $ - $ 109,811
Cost of services   16,716   21,508   60,529   -   98,753
Gross profit   3,205   4,537   3,316   -   11,058
Selling, general and administrative   1,757   4,195   5,297   7,403   18,652
Corporate allocations   550   588   2,146   (3,284)   -
(Gain) Loss on sale of assets   -   (22)   (6,805)   98   (6,729)
Asset impairment   -   -   -   3,551   3,551
Income (loss) from operations $ 898 $ (224) $ 2,678 $ (7,768) $ (4,416)
Other data:               
 Depreciation and amortization expense $ 26 $ 99 $ 235 $ 1,546 $ 1,906
 Capital expenditures $ - $ 27 $ 226 $ 138 $ 391
 Total assets $ 20,486 $ 27,680 $ 82,401 $ 56,624 $ 187,191