| Schedule of information for each of the reportable segments profit or loss as well as segment assets for each year |
The
financial tables below present the information for each of the reportable segments profit or loss as well as segment assets for
the three months ending June 26, 2016 and the three months ending June 28, 2015. Optex Systems Holdings does not allocate interest
expense, income taxes or unusual items to segments.
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
Three
months ending June 26, 2016 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied Optics Center
Dallas |
|
|
Other
(non allocated costs
and intersegment
eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
3,377 |
|
|
$ |
1,967 |
|
|
$ |
- |
|
|
$ |
5,344 |
|
| Intersegment
revenues |
|
|
- |
|
|
|
515 |
|
|
|
(515 |
) |
|
|
- |
|
| Total Revenue |
|
$ |
3,377 |
|
|
$ |
2,482 |
|
|
$ |
(515 |
) |
|
$ |
5,344 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest (income) expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
12 |
|
|
$ |
12 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
20 |
|
|
$ |
68 |
|
|
$ |
- |
|
|
$ |
88 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before
taxes |
|
$ |
135 |
|
|
$ |
76 |
|
|
$ |
(12 |
) |
|
$ |
199 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash
items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(188 |
) |
|
$ |
188 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock
compensation expense |
|
$ |
63 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
63 |
|
| Royalty
expense amortization |
|
$ |
8 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
8 |
|
| Provision
for (use of) contract loss reserves |
|
$ |
- |
|
|
$ |
(17 |
) |
|
$ |
- |
|
|
$ |
(17 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
6,146 |
|
|
$ |
4,776 |
|
|
$ |
- |
|
|
$ |
10,922 |
|
| Expenditures for segment
assets |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
Three
months ending June 28, 2015 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non allocated costs
and intersegment
eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
1,108 |
|
|
$ |
1,204 |
|
|
$ |
- |
|
|
$ |
2,312 |
|
| Intersegment
revenues |
|
|
- |
|
|
|
190 |
|
|
|
(190 |
) |
|
|
- |
|
| Total Revenue |
|
$ |
1,108 |
|
|
$ |
1,394 |
|
|
$ |
(190 |
) |
|
$ |
2,312 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest (income) expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
13 |
|
|
$ |
13 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
22 |
|
|
$ |
67 |
|
|
$ |
- |
|
|
$ |
89 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before
taxes |
|
$ |
(612 |
) |
|
$ |
(390 |
) |
|
$ |
(13 |
) |
|
$ |
(1,015 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash
items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(111 |
) |
|
$ |
111 |
|
|
$ |
- |
|
|
$ |
- |
|
| (Gain)
on purchased asset - AOC |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
- |
|
| Amortization
of intangible assets |
|
$ |
- |
|
|
$ |
171 |
|
|
$ |
- |
|
|
$ |
171 |
|
| Stock
option compensation expense |
|
$ |
24 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
24 |
|
| Royalty
expense amortization |
|
$ |
8 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
8 |
|
| Provision
for (use of) contract loss reserves |
|
$ |
- |
|
|
$ |
(41 |
) |
|
$ |
- |
|
|
$ |
(41 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
7,099 |
|
|
$ |
3,903 |
|
|
$ |
- |
|
|
$ |
11,002 |
|
| Expenditures for segment
assets |
|
$ |
(6 |
) |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(6 |
) |
The
financial tables below present the information for each of the reportable segments profit or loss as well as segment assets for
the nine months ending June 26, 2016 and the nine months ending June 28, 2015. Optex Systems Holdings does not allocate interest
expense, income taxes or unusual items to segments.
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
Nine
months ending June 26, 2016 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas |
|
|
Other
(non allocated costs
and intersegment
eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
7,511 |
|
|
$ |
4,262 |
|
|
$ |
- |
|
|
$ |
11,773 |
|
| Intersegment
revenues |
|
|
- |
|
|
|
1,173 |
|
|
|
(1,173 |
) |
|
|
- |
|
| Total Revenue |
|
$ |
7,511 |
|
|
$ |
5,435 |
|
|
$ |
(1,173 |
) |
|
$ |
11,773 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest (income) expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
28 |
|
|
$ |
28 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
57 |
|
|
$ |
203 |
|
|
$ |
- |
|
|
$ |
260 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before taxes |
|
$ |
(16 |
) |
|
$ |
(313 |
) |
|
$ |
(28 |
) |
|
$ |
(357 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash
items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(565 |
) |
|
$ |
565 |
|
|
$ |
- |
|
|
$ |
- |
|
| Stock
compensation expense |
|
$ |
112 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
112 |
|
| Royalty
expense amortization |
|
$ |
22 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
22 |
|
| Provision
for (use of) contract loss reserves |
|
$ |
- |
|
|
$ |
(47 |
) |
|
$ |
- |
|
|
$ |
(47 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
6,146 |
|
|
$ |
4,776 |
|
|
$ |
- |
|
|
$ |
10,922 |
|
| Expenditures for segment
assets |
|
$ |
(15 |
) |
|
$ |
(19 |
) |
|
$ |
- |
|
|
$ |
(34 |
) |
| |
|
Reportable
Segment Financial Information
(thousands) |
|
| |
|
Nine
months ending June 28, 2015 |
|
| |
|
Optex
Systems
Richardson |
|
|
Applied
Optics Center
Dallas (1) |
|
|
Other
(non allocated costs
and intersegment
eliminations) |
|
|
Consolidated
Total |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues
from external customers |
|
$ |
4,786 |
|
|
$ |
3,028 |
|
|
$ |
- |
|
|
$ |
7,814 |
|
| Intersegment
revenues |
|
|
- |
|
|
|
190 |
|
|
|
(190 |
) |
|
|
- |
|
| Total Revenue |
|
$ |
4,786 |
|
|
$ |
3,218 |
|
|
$ |
(190 |
) |
|
$ |
7,814 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest (income) expense |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
166 |
|
|
$ |
166 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
68 |
|
|
$ |
179 |
|
|
$ |
- |
|
|
$ |
247 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before
taxes |
|
$ |
(1,055 |
) |
|
$ |
1,020 |
|
|
$ |
(166 |
) |
|
$ |
(201 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash
items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated
home office expense |
|
$ |
(277 |
) |
|
$ |
277 |
|
|
$ |
- |
|
|
$ |
- |
|
| (Gain)
on purchased asset - AOC |
|
$ |
- |
|
|
$ |
2,110 |
|
|
$ |
- |
|
|
$ |
2,110 |
|
| Amortization
of intangible assets |
|
$ |
- |
|
|
$ |
342 |
|
|
$ |
- |
|
|
$ |
342 |
|
| Stock
option compensation expense |
|
$ |
116 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
116 |
|
| Royalty
expense amortization |
|
$ |
23 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
23 |
|
| Provision
for (use of) contract loss reserves |
|
$ |
(11 |
) |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(11 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
7,099 |
|
|
$ |
3,903 |
|
|
$ |
- |
|
|
$ |
11,002 |
|
| Expenditures for segment
assets |
|
$ |
(30 |
) |
|
$ |
(2,070 |
) |
|
$ |
- |
|
|
$ |
(2,100 |
) |
(1)
The Applied Optics Center was acquired on November 3, 2014.
|