Segment Information

6 Months Ended

Jun. 30, 2019

J.	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 June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
Revenues from Operations
Electronic components	$	7,462		$	5,834		$	13,793		$	11,565
Electronic instruments		376			323			677			537
Total consolidated revenues	$	7,838		$	6,157		$	14,470		$	12,102
Operating Income
Electronic components	$	1,096		$	621		$	1,654		$	1,171
Electronic instruments		71			40			164			42
Unallocated corporate expense		(311	)		(172	)		(528	)		(566	)
Total operating income		856			489			1,290			647
Interest income, net		-			(6	)		1			6
Other income, net		117			67			270			91
Total other income		117			61			271			97
Income Before Income Taxes	$	973		$	550		$	1,561		$	744

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