Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.10.0.1
Segment Reporting (Tables)
 3 Months Ended
Dec. 30, 2018
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 tables 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)		  
                         
    Three months ended December 30, 2018  
     Optex Systems
Richardson 		     Applied Optics Center
Dallas 		     Other
(non-allocated costs and intersegment eliminations) 		     Consolidated
Total 		 
                                 
Revenues from external customers   $ 3,830     $ 2,061     $ —     $ 5,891  
Intersegment revenues     —       415       (415 )     —  
Total Revenue   $ 3,830     $ 2,476     $ (415 )   $ 5,891  
                                 
 Interest expense   $ —     $ —     $ 6     $ 6  
                                 
 Depreciation and Amortization   $ 9     $ 76     $ —     $ 85  
                                 
 Income before taxes   $ 406     $ 330     $ 1,343     $ 2,079  
                                 
 Other significant noncash items:                                
 Allocated home office expense   $ (170 )   $ 170     $ —     $ —  
 Gain on change in fair value of warrants   $ —     $ —     $ (1,385 )   $ (1,385 )
 Stock compensation expense   $ —     $ —     $ 36     $ 36  
 Royalty expense amortization   $ 8     $ —     $ —     $ 8  
 Warranty Expense   $ —     $ (21 )   $ —     $ (21 )
                                 
 Segment Assets   $ 9,448     $ 4,330     $ —     $ 13,778  
 Expenditures for segment assets   $ 4     $ 14     $ —     $ 18  

 

    Reportable Segment Financial Information
(thousands)		  
                         
    Three months ended December 31, 2017  
       Optex Systems
Richardson 		       Applied Optics Center
Dallas  		        Other
(non-allocated costs and intersegment eliminations) 		       Consolidated
Total 		 
                                 
Revenues from external customers   $ 2,665     $ 2,112     $ —     $ 4,777  
Intersegment revenues     —       371       (371 )     —  
Total Revenue   $ 2,665     $ 2,483     $ (371 )   $ 4,777  
                                 
 Interest expense   $ —     $ —     $ 3     $ 3  
                                 
 Depreciation and Amortization   $ 10     $ 71     $ —     $ 81  
                                 
 Income (Loss) before taxes(1)   $ 138     $ 249     $ (391 )   $ (4 )
                                 
 Other significant noncash items:                                
 Allocated home office expense   $ (156 )   $ 156     $ —     $ —  
 Loss on Change in Fair Value of Warrants   $ —     $ —     $ 344     $ 344  
 Stock option compensation expense(1)   $ —     $ —     $ 44     $ 44  
 Royalty expense amortization   $ 7     $ —     $ —     $ 7  
 Warranty Expense   $ —     $ 77     $ —     $ 77  
                                 
 Segment Assets   $ 8,477     $ 4,708     $ —     $ 13,185  
 Expenditures for segment assets   $ —     $ —     $ —     $ —