Segment and Geographic Information

12 Months Ended

Sep. 30, 2013

Segment and Geographic Information

19. Segment and Geographic Information:

Effective October1, 2012, the Company reports and categorizes its sales and products into two business segments: Seismic and Non-Seismic. Prior to October1, 2012, the Company reported its business segments as Seismic and Thermal Solutions. Effective October1, 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 tables summarize the Company’s segment information:

	YEAR ENDED SEPTEMBER 30,
	2013			2012			2011
Sales:
Seismic	$	275,201		$	178,221		$	158,653
Non-Seismic		24,578			12,642			13,519
Corporate		828			801			798
Total		300,607			191,664			172,970
Income (loss) from operations:
Seismic		110,118			59,455			53,477
Non-Seismic		3,344			1,014			(37	)
Corporate		(12,235	)		(9,604	)		(9,035	)
Total		101,227			50,865			44,405
Depreciation, amortization and stock-based compensation expenses:
Seismic		11,207			8,533			5,990
Non-Seismic		289			320			345
Corporate		1,277			1,496			1,448
Total		12,773			10,349			7,783
Interest income:
Seismic		781			581			139
Non-Seismic		2			5			—
Corporate		97			157			128
Total		880			743			267
Interest expense:
Seismic		141			199			—
Non-Seismic		—			—			—
Corporate		119			—			43
Total		260			199			43

*The Company’s manufacturing operations for its Seismic and Non-Seismic business segments are combined. Therefore, the Company does not segregate and report separate balance sheet accounts for these segments. As a result, the Company does not report business segment balance sheet information.

“Corporate” sales consists of rental revenue earned from an operating lease of a surplus building located in Houston, Texas. “Corporate” loss from operations primarily consists of the Company’s Houston headquarter general and administrative expenses.

The Company generates product sales and rentals from its subsidiaries in the United States, Canada, Colombia, the Russian Federation and the United Kingdom. Sales information for the Company is as follows (in thousands):

	YEAR ENDED SEPTEMBER 30,
	2013			2012			2011
United States	$	300,131		$	216,741		$	155,781
Canada		39,415			23,741			8,966
Colombia		608			--			--
Russian Federation		10,758			9,837			10,144
United Kingdom		2,021			4,064			4,883
Eliminations		(52,326	)		(62,719	)		(6,804	)
	$	300,607		$	191,664		$	172,970

Summaries of sales by geographic area for fiscal years 2013, 2012 and 2011 are as follows (in thousands):

	YEAR ENDED SEPTEMBER 30,
	2013		2012		2011
Asia (excluding Middle East)	$	8,789	$	10,753	$	22,772
Canada		74,839		59,602		13,158
Europe		115,226		3,043		34,278
Middle East		2,385		8,542		6,588
United States		88,512		102,378		92,368
Other		10,856		7,346		3,806
	$	300,607	$	191,664	$	172,970

Sales are attributed to countries based on the ultimate destination of the product sold, if known. If the ultimate destination is not known, sales are attributed to countries based on the geographic location of the initial shipment.

Long-lived assets were as follows (in thousands):

	ASOFSEPTEMBER30,
	2013		2012
United States	$	46,712	$	35,577
Canada		32,078		29,696
Colombia		7,554		--
Russian Federation		6,820		5,760
United Kingdom		350		442
China		14		11
	$	93,528	$	71,486