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Subsidiaries of the Registrant
9 Months Ended
Sep. 30, 2016
Subsidiaries of the Registrant [Abstract]  
Subsidiaries of the Registrant
A.
Subsidiaries of the Registrant

The LGL Group, Inc. (the "Company"), incorporated in 1928 under the laws of the State of Indiana and reincorporated under the laws of the State of Delaware in 2007, is a holding company with subsidiaries engaged in the designing, manufacturing and marketing of highly-engineered electronic components used to control the frequency or timing of signals in electronic circuits and in the design of high performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications.

As of September 30, 2016, the subsidiaries of the Company are as follows:

  
Owned By The LGL Group, Inc.
 
M-tron Industries, Inc.
  
100.0
%
   Piezo Technology, Inc.
  
100.0
%
   Piezo Technology India Private Ltd.
  
99.0
%
M-tron Asia, LLC
  
100.0
%
M-tron Industries, Ltd.
  
100.0
%
      GC Opportunities Ltd.
  
100.0
%
      M-tron Services, Ltd.
  
100.0
%
Precise Time and Frequency, LLC
  
100.0
%
Lynch Systems, Inc.
  
100.0
%
 
The Company operates through its two principal subsidiaries, M-tron Industries, Inc., which includes the operations of Piezo Technology, Inc. ("PTI") and M-tron Asia, LLC ("Mtron"), and Precise Time and Frequency, LLC ("PTF"), a newly formed subsidiary, to hold the assets of Precise Time and Frequency, Inc., as discussed in Note B below. The Company has operations in Orlando, Florida, Yankton, South Dakota, Wakefield, Massachusetts and Noida, India.  MtronPTI also has sales offices in Sacramento, California and Hong Kong.

During 2007, the Company sold the operating assets of Lynch Systems, Inc., a subsidiary of the Company, to an unrelated party.