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Segment Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Reportable Business Segment

Business segment information for the years ended December 31, 2020 and 2019 follows:

 

 

 

Years Ended December 31,

 

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Revenues from Operations

 

 

 

 

 

 

 

 

Electronic components

 

$

29,980

 

 

$

30,553

 

Electronic instruments

 

 

1,182

 

 

 

1,344

 

Total consolidated revenues

 

$

31,162

 

 

$

31,897

 

Operating Income from Operations

 

 

 

 

 

 

 

 

Electronic components

 

$

2,844

 

 

$

4,726

 

Electronic instruments

 

 

85

 

 

 

257

 

Unallocated corporate expense

 

 

(1,514

)

 

 

(1,544

)

Consolidated total operating income

 

 

1,415

 

 

 

3,439

 

Interest (expense) income, net

 

 

(11

)

 

 

2

 

Loss on equity investment in unconsolidated subsidiary

 

 

(262

)

 

 

(16

)

Other income, net

 

 

162

 

 

 

484

 

Total other (expense) income

 

 

(111

)

 

 

470

 

Income Before Income Taxes

 

$

1,304

 

 

$

3,909

 

Capital Expenditures

 

 

 

 

 

 

 

 

Electronic components

 

$

407

 

 

$

1,163

 

Electronic instruments

 

 

 

 

 

 

General corporate

 

 

 

 

 

 

Total capital expenditures

 

$

407

 

 

$

1,163

 

Total Assets

 

 

 

 

 

 

 

 

Electronic components

 

$

15,014

 

 

$

16,218

 

Electronic instruments

 

 

1,106

 

 

 

1,171

 

General corporate

 

 

27,335

 

 

 

21,828

 

Consolidated total assets

 

$

43,455

 

 

$

39,217