Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.7.0.1
Segment Reporting (Tables)
 9 Months Ended
Jul. 02, 2017
Segment Reporting [Abstract]  
Schedule of information for each of the reportable segments profit or loss as well as segment assets for each year

The financial table below presents the information for each of the reportable segments profit or loss as well as segment assets for each year. Optex Systems Holdings, Inc. does not allocate interest expense, income taxes or unusual items to segments.  

 

  Reportable Segment Financial Information
(thousands) 		 
       
    Three months ended July 2, 2017  
    Optex Systems
Richardson 		    Applied Optics
Center
Dallas 		    Other
(non allocated costs
and intersegment
eliminations) 		    Consolidated
Total 		 
Revenues from external customers   $ 3,105     $ 1,281     $ —     $ 4,386  
Intersegment revenues     —       563       (563 )     —  
Total Revenue   $ 3,105     $ 1,844     $ (563 )   $ 4,386  
                                 
Interest expense   $ —     $ —     $ 4     $ 4  
                                 
Depreciation and Amortization   $ 14     $ 72     $ —     $ 86  
                                 
Income (Loss) before taxes   $ (26 )   $ 91     $ (1,028 )   $ (963 )
                                 
Other significant noncash items:                                
Allocated home office expense   $ (194 )   $ 194     $ —     $ —  
Loss on change in fair value of warrants   $ —     $ —     $ 1,024     $ 1,024  
Stock compensation expense   $ 43     $ —     $ —     $ 43  
Royalty expense amortization   $ 8     $ —     $ —     $ 8  
                                 
Segment Assets   $ 8,013     $ 4,336     $ —     $ 12,349  
Expenditures for segment assets   $ —     $ —     $ —     $ —  

 

    Reportable Segment Financial Information
(thousands)		  
       
    Three months ended 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 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 option compensation expense   $ 63     $ —     $ —     $ 63  
Royalty expense amortization   $ 8     $ —     $ —     $ 8  
Use of contract loss reserves   $ —     $ (17 )   $ —     $ (17 )
                                 
Segment Assets   $ 6,146     $ 4,776     $ —     $ 10,922  
Expenditures for segment assets   $ —     $ —     $ —     $ —  

 

    Reportable Segment Financial Information
(thousands)		  
       
    Nine months ending July 2, 2017  
    Optex Systems
Richardson		     Applied Optics
Center
Dallas		     Other
(non allocated costs
and intersegment
eliminations)		     Consolidated
Total		  
Revenues from external customers   $ 7,547     $ 4,391     $ —     $ 11,938  
Intersegment revenues     —       1,455       (1,455 )     —  
Total Revenue   $ 7,547     $ 5,846     $ (1,455 )   $ 11,938  
                                 
Interest expense   $ —     $ —     $ 14     $ 14  
                                 
Depreciation and Amortization   $ 43     $ 210     $ —     $ 253  
                                 
Income (Loss) before taxes   $ (69 )   $ (9 )   $ (680 )   $ (758 )
                                 
Other significant noncash items:                                
Allocated home office expense   $ (529 )   $ 529     $ —     $ —  
Loss on change in fair value of warrants   $ —     $ —     $ 666     $ 666  
Stock compensation expense   $ 171     $ —     $ —     $ 171  
Royalty expense amortization   $ 22     $ —     $ —     $ 22  
                                 
Segment Assets   $ 8,013     $ 4,336     $ —     $ 12,349  
Expenditures for segment assets   $ (4 )   $ (126 )   $ —     $ (130 )

 

    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 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 option compensation expense   $ 112     $ —     $ —     $ 112  
Royalty expense amortization   $ 22     $ —     $ —     $ 22  
Use of contract loss reserves   $ —     $ (47 )   $ —     $ (47 )
                                 
Segment Assets   $ 6,146     $ 4,776     $ —     $ 10,922  
Expenditures for segment assets   $ (15 )   $ (19 )   $ —     $ (34 )