Segment Information

9 Months Ended

Sep. 30, 2018

K.	Segment Information

The Company has two reportable business segments from operations: electronic components, which includes all products manufactured and sold by MtronPTI, and electronic instruments, which includes all products manufactured and sold by PTF. The Company's foreign operations in Hong Kong and India are subsidiaries of MtronPTI. The following table sets forth activity broken down by reportable business segment (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Revenues from Operations
Electronic components	$	6,028		$	5,079		$	17,593		$	16,097
Electronic instruments		310			183			847			648
Total consolidated revenues	$	6,338		$	5,262		$	18,440		$	16,745
Operating Income
Electronic components	$	1,126		$	320		$	2,297		$	1,127
Electronic instruments		24			(8	)		66			39
Unallocated corporate expense		(673	)		(311	)		(1,239	)		(1,013	)
Total operating income		477			1			1,124			153
Interest (expense) income, net		(5	)		(6	)		1			(17	)
Other income, net		73			24			164			42
Total other income		68			18			165			25
Income Before Income Taxes	$	545		$	19		$	1,289		$	178

Operating income is equal to revenues less cost of sales and operating expenses, excluding investment income, interest expense, and income taxes.