SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

Segment income is measured for internal reporting purposes by excluding corporate expenses, impairment charges, interest income, interest expense, and income taxes. Corporate expenses consist primarily of executive employment costs, certain professional fees, and costs associated with the Company’s global headquarters. Financial results for each reportable segment are as follows (in thousands):

	Three Months Ended June 30, 2015
	MMS		ATA		Inter-Segment Eliminations			Total
Sales	$	66,210	$	16,672	$	(526	)	$	82,356
Depreciation and amortization	1,614		585					2,199
Segment income	1,743		1,857					3,600
Capital expenditures	940		354					1,294

	Three Months Ended June 30, 2014
	MMS		ATA		Inter-Segment Eliminations			Total
Sales	$	61,435	$	17,495	$	(79	)	$	78,851
Depreciation and amortization	1,757		648					2,405
Segment income	1,336		1,926					3,262
Capital expenditures	421		378					799

	Six Months Ended June 30, 2015
	MMS		ATA		Inter-Segment Eliminations			Total
Sales	$	119,186	$	32,899	$	(601	)	$	151,484
Depreciation and amortization	3,238		1,185					4,423
Segment income	834		3,054					3,888
Capital expenditures	1,246		747					1,993
Segment assets(1)	246,331		50,788					297,119

	Six Months Ended June 30, 2014
	MMS		ATA		Inter-Segment Eliminations			Total
Sales	$	115,624	$	34,228	$	(151	)	$	149,701
Depreciation and amortization	3,534		1,287					4,821
Segment income	694		3,734					4,428
Capital expenditures	679		445					1,124
Segment assets(1)	241,340		49,476					290,816

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⁽¹⁾  Segment assets primarily consist of restricted cash, accounts receivable, inventories, prepaid and other assets, property, plant and equipment, and intangible assets. Unallocated assets primarily include, cash and cash equivalents, corporate property, plant and equipment, deferred income taxes, and other non-current assets.

A reconciliation of segment income to consolidated income from operations before income taxes for the three and six months ended June 30, 2015 and 2014 are as follows (in thousands):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2015			2014			2015			2014
Segment income	$	3,600		$	3,262		$	3,888		$	4,428
Unallocated corporate expense	(1,068		)	(1,542		)	(2,771		)	(2,999		)
Interest expense, net	(131		)	(143		)	(271		)	(366		)
Other unallocated expense	(149		)	(84		)	(151		)	(84		)
Income from continuing operations before income taxes	$	2,252		$	1,493		$	695		$	979

A reconciliation of segment assets to consolidated total assets follows (in thousands):

	June 30, 2015		December 31, 2014
Total segment assets	$	297,119	$	290,816
Unallocated assets	26,857		20,504
Total assets	$	323,976	$	311,320

Unallocated assets include cash of $22.8 million and $16.3 million at June 30, 2015 and December 31, 2014, respectively.