Segment Reporting (Tables)

3 Months Ended

Dec. 27, 2015

	Reportable Segment Financial Information (thousands)

	Three months ending December 27, 2015
	Optex Systems Richardson			Applied Optics Center Dallas			Other (non allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	2,167		$	1,046		$	-		$	3,213
Intersegment revenues		-			221			(221	)		-
Total Revenue	$	2,167		$	1,267		$	(221	)	$	3,213

Interest expense		-			-			18		$	18

Depreciation and Amortization		19			67			-			86

Income (Loss) before taxes		15			(242	)		(18	)		(245	)

Other significant noncash items:
Allocated home office expense		(188	)		188			-			-
Stock compensation expense		24			-			-			24
Royalty expense amortization		7			-			-			7
Provision for contract losses		-			(15	)		-			(15	)

Segment Assets		6,842			3,941			-			10,783
Expenditures for segment assets		-			-			-			-

	Reportable Segment Financial Information (thousands)

	Three months ending December 28, 2014
	Optex Systems Richardson			Applied Optics Center Dallas (1)		Other (non allocated costs and intersegment eliminations)			Consolidated Total

Revenues from external customers	$	1,756		$	342	$	-		$	2,098
Intersegment revenues		-			-		-			-
Total Revenue	$	1,756		$	342	$	-		$	2,098

Interest expense		-			-		5,479		$	5,479

Depreciation and Amortization		22			44		-			66

Income (Loss) before taxes		(115	)		1,917		(4,632	)		(2,830	)

Other significant noncash items:
Allocated home office expense		(67	)		67		-			-
(Gain) on purchased asset - AOC		-			2,110		-			2,110
Change in Fair Value - Derivatives							847			847
Stock option compensation expense		67			-		-			67
Royalty expense amortization		7			-		-			7
Provision for contract losses		(11	)		-		-			(11	)

Segment Assets		8,261			3,891		-			12,152
Expenditures for segment assets		23			2,065		-			2,088

(1) The Applied Optics Center was acquired on November 3, 2014.