| 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. The Company does not allocate
interest expense, income taxes or unusual items to segments.
| |
|
Reportable
Segment Financial Information
(thousands) |
| |
|
|
|
|
|
|
|
|
| |
|
Twelve
months ended September 30, 2018 |
| |
|
|
Optex Systems
Richardson
|
|
|
|
Applied Optics
Center
Dallas
|
|
|
|
Other
(non-allocated costs
and intersegment eliminations)
|
|
|
|
Consolidated
Total
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
12,739 |
|
|
$ |
8,114 |
|
|
$ |
— |
|
|
$ |
20,853 |
|
| Intersegment revenues |
|
|
— |
|
|
|
1,556 |
|
|
|
(1,556 |
) |
|
|
— |
|
| Total Revenue |
|
$ |
12,739 |
|
|
$ |
9,670 |
|
|
$ |
(1,556 |
) |
|
$ |
20,853 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
20 |
|
|
$ |
20 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
39 |
|
|
$ |
288 |
|
|
$ |
— |
|
|
$ |
327 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before taxes |
|
$ |
882 |
|
|
$ |
757 |
|
|
$ |
(78 |
) |
|
$ |
1,561 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(669 |
) |
|
$ |
669 |
|
|
$ |
— |
|
|
$ |
— |
|
| Gain on change in fair value of warrants |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
(95 |
) |
|
$ |
(95 |
) |
| Stock compensation expense |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
153 |
|
|
$ |
153 |
|
| Royalty expense amortization |
|
$ |
30 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
30 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
8,343 |
|
|
$ |
4,344 |
|
|
$ |
— |
|
|
$ |
12,687 |
|
| Expenditures for segment assets |
|
$ |
54 |
|
|
$ |
113 |
|
|
$ |
— |
|
|
$ |
167 |
|
| |
|
Reportable
Segment Financial Information
(thousands) |
| |
|
|
|
|
|
|
|
|
| |
|
Twelve
months ended October 1, 2017 |
| |
|
|
Optex Systems
Richardson
|
|
|
|
Applied Optics
Center
Dallas
|
|
|
|
Other
(non-allocated costs
and intersegment eliminations)
|
|
|
|
Consolidated
Total
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues from external customers |
|
$ |
11,256 |
|
|
$ |
7,291 |
|
|
$ |
— |
|
|
$ |
18,547 |
|
| Intersegment revenues |
|
|
— |
|
|
|
1,694 |
|
|
|
(1,694 |
) |
|
|
— |
|
| Total Revenue |
|
$ |
11,256 |
|
|
$ |
8,985 |
|
|
$ |
(1,694 |
) |
|
$ |
18,547 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest expense |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
19 |
|
|
$ |
19 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Depreciation and Amortization |
|
$ |
56 |
|
|
$ |
281 |
|
|
$ |
— |
|
|
$ |
337 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Income (Loss) before taxes |
|
$ |
338 |
|
|
$ |
46 |
|
|
$ |
(688 |
) |
|
$ |
(304 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Other significant noncash items: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Allocated home office expense |
|
$ |
(776 |
) |
|
$ |
776 |
|
|
$ |
— |
|
|
$ |
— |
|
| Gain on change in fair value of warrants |
|
$ |
— |
|
|
$ |
— |
|
|
$ |
489 |
|
|
$ |
489 |
|
| Stock option compensation expense |
|
$ |
40 |
|
|
$ |
— |
|
|
$ |
180 |
|
|
$ |
220 |
|
| Royalty expense amortization |
|
$ |
30 |
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
30 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Segment Assets |
|
$ |
8,663 |
|
|
$ |
5,364 |
|
|
$ |
— |
|
|
$ |
14,027 |
|
| Expenditures for segment assets |
|
$ |
23 |
|
|
$ |
126 |
|
|
$ |
— |
|
|
$ |
149 |
|
|