Note 11 - Business Segment Information

9 Months Ended

Sep. 27, 2015

Note 12 - Business Segment Information

Business Segment Information

11. BUSINESS SEGMENT INFORMATION

We report our results in two operating segments: Battery & Energy Products and Communications Systems. The Battery & Energy Products segment includes: lithium 9-volt, cylindrical and various other non-rechargeable batteries, in addition to rechargeable batteries, uninterruptable power supplies, charging systems and accessories, such as cables. The Communications Systems segment includes: power supplies, cable and connector assemblies, RF amplifiers, amplified speakers, equipment mounts, case equipment, integrated communication system kits and communications and electronics systems design. We believe that reporting performance at the gross profit level is the best indicator of segment performance. As such, we report segment performance at the gross profit level and operating expenses as Corporate charges.

The components of segment performance were as follows:

Three-Month Period Ended September 27, 2015:

	Battery & Energy Products		Communi- cations systems		Discontinued operations		Corporate			Total
Revenues	$	16,390	$	2,654	$	—	$	—		$	19,044
Segment contribution		4,774		1,126		—		(4,727	)		1,173
Interest, financing
and miscellaneous
expense, net								5			5
Tax provision								(130	)		(130	)
Discontinued operations
Noncontrolling interest								(1	)		(1	)
Net income attributable
to Ultralife										$	1,047
Total assets	$	35,828	$	28,191	$	—	$	17,333		$	81,352

Three-Month Period Ended September 28, 2014:

	Battery & Energy Products		Communi- cations systems		Discontinued operations		Corporate			Total
Revenues	$	13,913	$	2,149	$	—	$	—		$	16,062
Segment contribution		3,812		674		—		(4,541	)		(55	)
Interest, financing
and miscellaneous
expense, net								(211	)		(211	)
Tax provision								(60	)		(60	)
Noncontrolling interest								3			3
Net loss attributable
to Ultralife										$	(323	)
Total assets	$	39,568	$	29,649	$	—	$	18,323		$	87,540

Nine-Month Period Ended September 27, 2015:

	Battery & Energy Products		Communi- cations systems		Discontinued operations		Corporate			Total
Revenues	$	48,638	$	8,538	$	—	$	—		$	57,176
Segment contribution		14,100		3,666		—		(14,954	)		2,812
Interest, financing
and miscellaneous
expense, net								(156	)		(156	)
Tax provision								(312	)		(312	)
Noncontrolling interest								23			23
Net income attributable
to Ultralife										$	2,367

Nine-Month Period Ended September 28, 2014:

	Battery & Energy Products		Communi- cations systems		Discontinued operations			Corporate			Total
Revenues	$	40,000	$	6,546	$	—		$	—		$	46,546
Segment contribution		10,489		2,544		—			(15,508	)		(2,475	)
Interest, financing
and miscellaneous
expense, net									(269	)		(269	)
Tax provision									(177	)		(177	)
Discontinued operations						(61	)					(61	)
Noncontrolling interest									13			13
Net loss attributable
to Ultralife											$	(2,969	)