BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

12. BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION

The Company follows ASC 280 - Segment Reporting in determining its reportable segments. The Company considered the way its management team, most notably its chief operating decision maker, makes operating decisions and assesses performance and considered which components of the Company’s enterprise have discrete financial information available. As the Company makes decisions using a manufactured products vs. distributed products and services group focus, its analysis resulted in two reportable segments: T&D Solutions and Critical Power. The Critical Power reportable segment is the Company’s Titan Energy Systems Inc. subsidiary. The T&D Solutions reportable segment is an aggregation of all other Company subsidiaries, together with sales and expenses attributable to the strategic sales group for its T&D Solutions marketing activities.

The T&D Solutions segment is involved in the design, manufacture and distribution of electrical transformers and switchgear used primarily by utilities, large industrial and commercial operations to manage their electrical power distribution needs. The Critical Power segment provides power generation equipment and aftermarket field-services primarily to help customers ensure smooth, uninterrupted power to operations during times of emergency. 

The following tables present information about segment income and loss:

	Three Months Ended March 31,
	2017		2016
Revenues
T&D Solutions
Transformers	$	21,284	$	18,377
Switchgear		2,205		3,887
		23,489		22,264
Critical Power
Equipment		1,578		2,535
Service		2,195		1,771
		3,773		4,306
Consolidated	$	27,262	$	26,570

	Three Months Ended March 31,
	2017		2016
Depreciation and Amortization
T&D Solutions	$	352	$	356
Critical Power		351		369
Unallocated Corporate Overhead Expenses		18		16
Consolidated	$	721	$	741

	Three Months Ended March 31,
	2017			2016
Operating Income
T&D Solutions	$	2,062		$	2,047
Critical Power		(102	)		(133	)
Unallocated Corporate Overhead Expenses		(804	)		(820	)
Consolidated	$	1,156		$	1,094

Revenues are attributable to countries based on the location of the Company’s customers:

	Three Months Ended March 31,
	2017		2016
United States	$	18,581	$	17,553
Canada		8,681		8,952
Others		—		65
Total	$	27,262	$	26,570