Note 12 - Segment and Related Information

3 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(12) Segment and Related Information

The Company operates predominately in the wireless communications, satellite communications, and space and defense electronics markets. The Company’s two reportable segments are the Wireless Group and the Space & Defense Group. These segments have been determined based upon the nature of the products and services offered, customer base, technology, availability of discrete internal financial information, homogeneity of products, and delivery channel, and are consistent with the way the Company organizes and evaluates financial information internally for purposes of making operating decisions and assessing performance.

The Wireless Group designs, manufactures, and markets commercial products used mainly by the wireless communications market. The Space & Defense Group of the Company designs, manufactures, and markets specialized products for the radar and communications markets.

The following table reflects the operating results of the segments consistent with the Company’s internal financial reporting process. The following results are used in part, by management, both in evaluating the performance of, and in allocating resources to, each of the segments:

(amounts in thousands)	Wireless		Space & Defense		Unallocated		Consolidated
Net sales (Three Months Ended):
September 30, 2013	$	13,583	$	24,960	$	-	$	38,543
September 30, 2012		13,202		25,860		-		39,062
Operating income (Three Months Ended)
September 30, 2013		2,317		2,042		-		4,359
September 30, 2012		1,858		2,134		-		3,992
Goodwill and intangible assets:
September 30, 2013		31,216		18,213		-		49,429
June 30, 2013		30,716		18,414		-		49,130