Note 11 - Business Segment Information

9 Months Ended

Sep. 29, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

11.   BUSINESS SEGMENT INFORMATION

On February 16, 2012, our senior management, as authorized by our Board of Directors, decided to divest our RedBlack Communications business, which previously was reported in the Communications Systems segment.  See Note 2 in these Notes to Condensed Consolidated Financial Statements for additional information.

During the fourth quarter of 2012, we elected not to renew the lease for our U.K. manufacturing facility which expired on March 24, 2013, and to relocate our sales and services operations to a smaller facility.   As a result of this decision, we were required to restore the facility back to its original condition per a previous contractual commitment. This facility previously served our Battery and Energy Segments business. A portion of these costs were classified as a discontinued operation in the fourth quarter of 2012. See Note 2 in these Notes to Condensed Consolidated Financial Statements for additional 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 29, 2013
	Battery & Energy Products		Communications Systems		Discontinued Operations		Corporate			Total
Revenues	$	13,507	$	6,854	$	-	$	-		$	20,361
Segment contribution		3,601		2,526		-		(5,475	)		652
Interest expense, net								(53	)		(53	)
Miscellaneous								(8	)		(8	)
Income taxes-current								19			19
Income taxes-deferred								(3	)		(3	)
Income from discontinued operations						15					15
Noncontrolling interest								22			22
Net income attributable to Ultralife										$	644
Total assets	$	42,679	$	32,268	$	-	$	13,728		$	88,675

Three Month Period Ended September 30, 2012
	Battery & Energy Products		Communications Systems		Discontinued Operations		Corporate			Total
Revenues	$	16,633	$	9,548	$	-	$	-		$	26,181
Segment contribution		4,770		3,449		-		(6,465	)		1,754
Interest expense, net								(96	)		(96	)
Miscellaneous								(15	)		(15	)
Income taxes-current								(120	)		(120	)
Income taxes-deferred								(55	)		(55	)
Income from discontinued operations						200					200
Noncontrolling interest								11			11
Net income attributable to Ultralife										$	1,679
Total assets	$	54,031	$	32,290	$	11	$	8,997		$	95,329

Nine Month Period Ended September 29, 2013
	Battery & Energy Products		Communications Systems		Discontinued Operations		Corporate			Total
Revenues	$	41,216	$	17,443	$	-	$	-		$	58,659
Segment contribution		10,191		6,837		-		(17,875	)		(847	)
Interest expense, net								(172	)		(172	)
Miscellaneous								(31	)		(31	)
Income taxes-current								(42	)		(42	)
Income taxes-deferred								(93	)		(93	)
Income from discontinued operations						159					159
Noncontrolling interest								31			31
Net loss attributable to Ultralife										$	(995	)
Total assets	$	42,679	$	32,268	$	-	$	13,728		$	88,675

Nine Month Period Ended September 30, 2012
	Battery & Energy Products		Communications Systems		Discontinued Operations		Corporate			Total
Revenues	$	52,238	$	20,150	$	-	$	-		$	72,388
Segment contribution		12,476		6,803		-		(21,747	)		(2,468	)
Interest expense, net								(312	)		(312	)
Miscellaneous								17			17
Income taxes-current								(387	)		(387	)
Income taxes-deferred								(50	)		(50	)
Loss from discontinued operations						178					178
Noncontrolling interest								31			31
Net loss attributable to Ultralife										$	(2,991	)
Total assets	$	54,031	$	32,290	$	11	$	8,997		$	95,329