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Segment Information
9 Months Ended
Sep. 30, 2016
Segment Information [Abstract]  
Segment Information

Note 6.  Segment Information 

 

As of January 1, 2016, the Company has one reportable operating segment: Production Monitoring.  During 2015, the Company had two reportable operating segments: Production Monitoring and Investments.  The Production Monitoring Division manufactures and markets a complete line of production monitoring equipment.  ESI Investment Company held 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, 2015.  In evaluating segment performance, management focuses on sales and income before income taxes.  The Company had no inter-segment sales. 





The following is financial information relating to the continuing operating segments:  

 





 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

Nine Months Ended



 

September 30

 

September 30



 

2016

 

2015

 

2016

 

2015

External sales

 

 

 

 

 

 

 

 

Production monitoring

 

$

1,837 

 

$

2,132 

 

$

5,562 

 

$

6,065 

Total

 

$

1,837 

 

$

2,132 

 

$

5,562 

 

$

6,065 



 

 

 

 

 

 

 

 

Income before income taxes

 

 

 

 

 

 

 

 

   Production monitoring

 

$

35 

 

$

295 

 

$

117 

 

$

456 

   Investments

 

 

N/A

 

 

 

 

N/A

 

 

1,455 

Total

 

$

35 

 

$

299 

 

$

117 

 

$

1,911 

 





N/A Not applicable