Segment Information

9 Months Ended

Sep. 30, 2013

Segment Information [Abstract]

Segment Information

Note 8.  Segment Information 

The Company has two reportable operating segments: Production Monitoring and Investments.  The Production Monitoring segment manufactures and markets a complete line of production monitoring equipment, in particular speed monitoring and motor control systems for industrial machinery.  ESI Investment Company holds investments in marketable and non-marketable securities. 

The accounting policies of the segments are the same as those described in Note 1 of the Notes to Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.  In evaluating segment performance, management focuses on sales and income before taxes.  The Company has no inter-segment sales. 

The following is financial information relating to the continuing operating segments (in thousands):  

	Three Months Ended				Nine Months Ended
	September 30				September 30
	2013		2012		2013		2012
External sales
Production monitoring	$	1,708	$	1,567	$	4,813	$	5,004
Total	$	1,708	$	1,567	$	4,813	$	5,004
Net Income before taxes
Production monitoring	$	18	$	220	$	220	$	626
Investments		132		1		534		3
Total	$	150	$	221	$	754	$	629