BUSINESS SEGMENT INFORMATION

3 Months Ended

Mar. 31, 2012

BUSINESS SEGMENT INFORMATION [Abstract]

BUSINESS SEGMENT INFORMATION

6.            BUSINESS SEGMENT INFORMATION

The Company operates in one industry with three reportable operating segments, which are geographic in nature.  The segments consist of North America, Asia and Europe.  The primary criteria by which financial performance is evaluated and resources are allocated are sales and income from operations.  The following is a summary of key financial data (dollars in thousands):

	Three Months Ended
	March 31,
	2012			2011
Total segment sales:
North America	$	36,525		$	36,265
Asia		34,847			42,037
Europe		7,990			9,104
Total segment sales		79,362			87,406
Reconciling item:
Intersegment sales		(13,801	)		(16,003	)
Net sales	$	65,561		$	71,403
Income (loss) from operations:
North America	$	2,310		$	1,693
Asia		(1,562	)		1,888
Europe		686			633
	$	1,434		$	4,214

The following items are included in the income (loss) from operations presented above:

Segment Sales - Segment sales are attributed to individual segments based on the geographic source of the billing for such customer sales.  Transfers between geographic areas include finished products manufactured in foreign countries which are then transferred to the United States and Europe for sale; finished goods manufactured in the United States which are transferred to Europe and Asia for sale; and semi-finished components manufactured in the United States which are sold to Asia for further processing. Income (loss) from operations represents net sales less operating costs and expenses.