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Segment Information
6 Months Ended
Mar. 31, 2013
Segment Information

9. Segment Information

Effective October 1, 2012, the Company reports and categorizes its sales and products into two business segments: Seismic and Non-Seismic. Prior to October 1, 2012, the Company reported its business segments as Seismic and Thermal Solutions. Effective October 1, 2012, the Seismic product lines include land and marine wireless data acquisition systems, seabed reservoir characterization products and services, geophones and hydrophones, leader wire, geophone string and acquisition system connectors, telemetry cables, marine streamer retrieval and steering devices and various other products. The Non-Seismic product lines include thermal imaging products and industrial products. The Company frequently has a minor amount of Seismic product sales to its Non-Seismic customers.

The following table summarizes the Company’s segment information (in thousands):

 

     Three Months Ended     Six Months Ended  
     March 31, 2013     March 31, 2012     March 31, 2013     March 31, 2012  

Net sales:

        

Seismic

   $ 69,758      $ 48,716      $ 141,842      $ 86,008   

Non-Seismic

     6,444        7,317        11,911        13,105   

Corporate

     218        200        418        401   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ 76,420      $ 56,233      $ 154,171      $ 99,514   
  

 

 

   

 

 

   

 

 

   

 

 

 

Income (loss) from operations:

        

Seismic

   $ 27,842      $ 17,716      $ 61,803      $ 31,677   

Non-Seismic

     892        1,326        1,357        2,319   

Corporate

     (3,178     (2,570     (6,056     (4,926
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

   $ 25,556      $ 16,472      $ 57,104      $ 29,070