Note 2 - Acquisition (Tables)

9 Months Ended

Sep. 30, 2020

Notes Tables

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

Cash	$	942
Accounts receivable		3,621
Inventories		4,685
Other current assets		431
Property, plant and equipment		9,177
Goodwill		6,534
Customer relationships		2,522
Trade name		1,127
Accounts payable		(1,060	)
Other current liabilities		(778	)
Deferred tax liability, net		(1,011	)
Net assets acquired	$	26,190

Business Acquisition, Pro Forma Information [Table Text Block]

	Nine months ended
	September 30, 2020		September 29, 2019
Revenue	$	78,736	$	84,567
Operating income	$	4,486		5,536
Net income attributable to Ultralife Corporation	$	3,124		3,900
Net income per share attributable to Ultralife Corporation:
Basic	$	.20	$	.25
Diluted	$	.19	$	.24