Note 10 - Segment Information

9 Months Ended

Sep. 30, 2015

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

10. Segment Information

The Company reports net revenues from continuing operations and operating income from continuing operations by reportable segment. Reportable segments are components of the Company for which separate financial information is available that is evaluated on a regular basis by the chief operating decision maker in deciding how to allocate resources and in assessing performance.

The Company provides similar merchandising and marketing services throughout the world, operating within two reportable segments, its Domestic Division and its International Division. The Company uses those divisions to improve its administration and operational and strategic focuses, and it tracks and reports certain financial information separately for each of those divisions. The Company measures the performance of its Domestic and International Divisions and subsidiaries using the same metrics. The primary measurement utilized by management is operating profits, historically the key indicator of long-term growth and profitability, as the Company is focused on reinvesting the operating profits of each of its international subsidiaries back into its local markets in an effort to improve market share and continued expansion efforts.

Management evaluates performance as follows (in thousands):

	Three Months Ended September 30,						Nine Months Ended September 30,
	201 5			201 4			2015			2014
Revenue:
United States	$	10,706		$	11,666		$	32,783		$	35,265
International		17,563			19,343			54,219			54,704
Total revenue	$	28,269		$	31,009		$	87,002		$	89,969
Operating income (loss):
United States	$	63		$	557		$	309		$	852
International		166			(10	)		784			602
Total operating income	$	229		$	547		$	1,093		$	1,454
Interest expense:
United States	$	25		$	22		$	66		$	62
International		22			22			121			66
Total interest expense	$	47		$	44		$	187		$	128
Other (income) expense, net:
United States	$	–		$	–		$	–		$	–
International		(8	)		(89	)		(68	)		(202	)
Total other (income), net	$	(8	)	$	(89	)	$	(68	)	$	(202	)
Income before income tax expense:
United States	$	38		$	535		$	243		$	790
International		152			57			731			738
Total income before income tax expense	$	190		$	592		$	974		$	1,528
Income tax expense (benefit):
United States	$	(66	)	$	93		$	(74	)	$	93
International		149			(72	)		509			280
Total income tax expense	$	83		$	21		$	435		$	373
Net income from continuing operations:
United States	$	104		$	442		$	317		$	697
International		3			129			222			458
Total net income from continuing operations	$	107		$	571		$	539		$	1,155
Depreciation and amortization:
United States	$	344		$	321		$	1,004		$	964
International		127			109			410			296
Total depreciation and amortization	$	471		$	430		$	1,414		$	1,260
Capital expenditures:
United States	$	213		$	252		$	918		$	765
International		119			158			320			319
Total capital expenditures	$	332		$	410		$	1,238		$	1,084

Note: There were no inter-company sales for 2015 or 2014.

	September 30,		December 31,
	201 5		201 4
Assets:
United States	$	21,187	$	21,748
International		20,394		22,822
Total assets	$	41,581	$	44,570

Geographic Data

(in thousands)

	Three Months Ended September 30 ,										Nine Months Ended September 30 ,
	20 15					2014					20 15					2014
International revenue :			% of consolidated net revenue					% of consolidated net revenue					% of consolidated net revenue					% of consolidated net revenue
South Africa	$	4,968		17.6	%	$	4,388		14.2	%	$	15,189		17.5	%	$	12,358		13.7	%
Mexico		3,962		14.0			4,983		16.1			12,076		13.9			14,181		15.8
China		3,682		13.0			3,046		9.8			10,197		11.7			5,791		6.4
India		1,385		4.9			1,850		6.0			5,001		5.7			5,112		5.7
Canada		1,368		4.8			1,643		5.3			4,173		4.8			4,858		5.4
Japan		1,306		4.6			1,338		4.3			3,907		4.5			6,090		6.8
Australia		829		2.9			1,366		4.4			3,316		3.8			4,441		4.9
Turkey		63		0.2			729		2.4			360		0.4			1,873		2.1
Total international revenue	$	17,563		62.0	%	$	19,343		62.5	%	$	54,219		62.3	%	$	54,704		60.8	%

	September 30,		December 31,
	20 15		20 14
Long lived assets:
United States	$	9,888	$	9,368
International		3,156		3,243
Total long lived assets	$	13,044	$	12,611