Note 8 - Segment Reporting

9 Months Ended

Jan. 31, 2013

Segment Reporting Disclosure [Text Block]

8.  SEGMENT REPORTING

The Company operates and measures the sales and gross margins of two primary business segments, Custom Electronic Manufacturing Services (“EMS”) and Proprietary products (“Proprietary”).   The EMS business segment consists primarily of custom electronic assemblies, engineering services, custom liquid crystal displays and other interface technologies. The Proprietary business segment is made up of remote monitoring hardware and messaging services, ultra-rugged handheld computers, peripherals and maintenance contract revenues, and RFID solutions.  The following table (in thousands) presents segment revenues and gross margins which the Company evaluates in determining overall operating performance and the allocation of resources.  Other segment information such as components of the Statement of Operations below the gross margin total and assets or other balance sheet information are not presented.  As the Company’s operations of the two segments are so intertwined, the Company’s chief operating decision maker (Elecsys International Corporation’s President) does not review that financial information at a segment reporting level and that information is also not readily available.

	Three Months Ended January 31, 2013
	EMS		Proprietary		Total
Total sales	$	4,424	$	3,034	$	7,458
Segment gross margin	$	1,226	$	1,577	$	2,803

	Three Months Ended January 31, 2012
	EMS		Proprietary		Total
Total sales	$	2,665	$	2,553	$	5,218
Segment gross margin	$	723	$	1,267	$	1,990

	Nine Months Ended January 31, 2013
	EMS		Proprietary		Total
Total sales	$	9,968	$	7,885	$	17,853
Segment gross margin	$	2,574	$	4,029	$	6,603
Goodwill	$	--	$	1,942	$	1,942

	Nine Months Ended January 31, 2012
	EMS		Proprietary		Total
Total sales	$	9,748	$	7,276	$	17,024
Segment gross margin	$	2,346	$	3,745	$	6,091
Goodwill	$	--	$	1,942	$	1,942

The following table reconciles total revenues to the products and services offered by the Company (in thousands).

	Three Months Ended January 31,				Nine Months Ended January 31,
	2013		2012		2013		2012
Products and services:
Electronic manufacturing	$	4,382	$	2,614	$	9,800	$	9,595
Remote monitoring solutions		1,357		1,527		4,208		4,786
Industrial data communications		113		355		624		628
Mobile data acquisition		1,484		570		2,765		1,543
Other services:
EMS related services		42		51		168		153
Proprietary product related services		80		101		287		319
Total sales	$	7,458	$	5,218	$	17,853	$	17,024