SMTC Corporation Quarterly report pursuant to Section 13 or 15(d)

Note 10 - Segmented Information (Tables)

9 Months Ended

Sep. 29, 2019

	Three months ended						Nine months ended
	September 29 , 201 9			September 30 , 201 8			September 29 , 201 9			September 30 , 201 8
Revenues
Mexico	$	57,328		$	40,485		$	182,424		$	105,139
China		8,092			8,073			22,541			19,092
U.S.		27,426			8,581			86,448			19,167
Total	$	92,846		$	57,139		$	291,413		$	143,398

Intersegment revenue
Mexico	$	(550	)	$	(1,206	)	$	(1,293	)	$	(1,944	)
China		(3,580	)		(2,183	)		(7,687	)		(5,962	)
U.S.		(34	)		(73	)		(166	)		(216	)
Total	$	(4,164	)	$	(3,462	)	$	(9,146	)	$	(8,122	)

Net external revenue
Mexico	$	56,778		$	39,279		$	181,131		$	103,195
China		4,512			5,890			14,854			13,130
U.S.		27,392			8,508			86,282			18,951
Total segment revenue (which also equals consolidated revenue)	$	88,682		$	53,677		$	282,267		$	135,276

Site Contribution
Mexico	$	4,815		$	3,552		$	15,456		$	9,267
China		1,313			556			3,012			998
U.S.		2,191			214			5,378			175
Total	$	8,319		$	4,322		$	23,846		$	10,440

Corporate costs		5,962			2,878			17,227			8,249
Change in fair value of warrant liability		(858	)		—			(919	)		—
Change in fair value of contingent consideration		—			—			(3,050	)		—
Unrealized foreign exchange gain on unsettled forward exchange contracts		—			(108	)		—			(338	)
Interest		2,679			485			8,349			1,195
Restructuring and closure charges		6,454			58			8,624			154
Earnings (loss) before income taxes	$	(5,918	)	$	1,009		$	(6,385	)	$	1,180

Three months ended September 29 , 2019	Mexico		U . S .		China		Total
Market Sector:
Test and Measurement	$	19,188	$	8,287	$	—	$	27,475
Retail and Payment Systems		10,460		—		—		10,460
Telecom, Networking and Communications		3,986		1,393		4,192		9,571
Medical		7,861		2,637		40		10,538
Industrial, Power and Clean Technology		10,154		9,851		280		20,285
Semiconductor		5,129		—		—		5,129
Aerospace and Defense		—		5,224		—		5,224
Segment Revenue		56,778		27,392		4,512		88,682

Three months ended September 30 , 2018	Mexico		U . S .		China		Total
Market Sector:
Test and Measurement	$	3,277	$	7,181	$	—	$	10,458
Retail and Payment Systems		10,815		—		—		10,815
Telecom, Networking and Communications		3,596		833		5,613		10,042
Medical		7,400		91		37		7,528
Industrial, Power and Clean Technology		6,495		403		240		7,138
Semiconductor		7,696		—		—		7,696

Segment Revenue		39,279		8,508		5,890		53,677

Nine months ended September 29 , 2019	Mexico		U . S .		China		Total
Market Sector:
Test and Measurement	$	59,054	$	29,054	$	2,447	$	90,555
Retail and Payment Systems		35,537		—		—		35,537
Telecom, Networking and Communications		11,495		5,783		11,078		28,356
Medical		24,362		9,393		482		34,237
Industrial, Power and Clean Technology		32,502		25,008		847		58,357
Semiconductor		18,181		16		—		18,197
Aerospace and Defense		—		17,028		—		17,028
Segment Revenue		181,131		86,282		14,854		282,267

Nine months ended September 30 , 2018	Mexico		U . S .		China		Total
Market Sector:
Test and Measurement	$	10,772	$	14,039	$	—	$	24,811
Retail and Payment Systems		27,215		—		—		27,215
Telecom, Networking and Communications		9,053		3,672		12,022		24,747
Medical		21,788		270		44		22,102
Industrial, Power and Clean Technology		13,561		970		1,064		15,595
Semiconductor		20,806		—		—		20,806

Segment Revenue		103,195		18,951		13,130		135,276