Note 9 - Segment Information

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

9.      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 June 30,						Six Months Ended June 30,
	201 6			201 5			2016			2015
Revenue:
United States	$	11,184		$	11,105		$	20,936		$	22,077
International		18,548			18,362			35,407			36,656
Total revenue	$	29,732		$	29,467		$	56,343		$	58,733
Operating income:
United States	$	362		$	317		$	64		$	244
International		418			196			883			618
Total operating income	$	780		$	513		$	947		$	862
Interest expense:
United States	$	27		$	20		$	52		$	41
International		4			62			8			99
Total interest expense	$	31		$	82		$	60		$	140
Other (income), net:
United States	$	–		$	–		$	–		$	–
International		(80	)		(33	)		(105	)		(60	)
Total other (income), net	$	(80	)	$	(33	)	$	(105	)	$	(60	)
Income before income tax expense:
United States	$	335		$	297		$	12		$	203
International		494			167			980			579
Total income before income tax expense	$	829		$	464		$	992		$	782
Income tax expense:
United States	$	123		$	(9	)	$	(88	)	$	(9	)
International		103			209			319			360
Total income tax expense	$	226		$	200		$	231		$	351
Net income (loss):
United States	$	212		$	306		$	100		$	212
International		391			(42	)		661			219
Total net income	$	603		$	264		$	761		$	431
Depreciation and amortization:
United States	$	336		$	342		$	679		$	661
International		148			134			293			283
Total depreciation and amortization	$	484		$	476		$	972		$	944
Capital expenditures:
United States	$	262		$	211		$	506		$	705
International		99			111			226			200
Total capital expenditures	$	361		$	322		$	732		$	905

Note: There were no inter-company sales for the six months ended June 30, 2016 or 2015. 

	June 30,		December 31,
	201 6		201 5
Assets:
United States	$	21,680	$	21,799
International		23,423		21,607
Total assets	$	45,103	$	43,406

Geographic Data

(in thousands)

	Three Months Ended June 30 ,										Six Months Ended June 30 ,
	20 16					2015					20 16					2015
International revenue:			% of consolidated net revenue					% of consolidated net revenue					% of consolidated net revenue					% of consolidated net revenue
Mexico	$	5,106		17.2	%	$	3,933		13.3	%	$	10,105		17.9	%	$	8,114		13.8
South Africa		4,721		15.9			5,330		18.1			8,935		15.9			10,221		17.4
China		2,882		9.7			3,487		11.8			5,617		10.0			6,515		11.1
Canada		1,871		6.3			1,249		4.2			3,129		5.6			2,805		4.8
Japan		1,765		5.9			1,400		4.8			3,358		6.0			2,601		4.4
India		1,376		4.6			1,705		5.8			2,680		4.8			3,616		6.2
Australia		755		2.5			1,142		3.9			1,414		2.5			2,487		4.2
Turkey		72		0.2			116		0.4			169		0.3			297		0.5
Total international revenue	$	18,548		62.3	%	$	18,362		62.3	%	$	35,407		63.0	%	$	36,656		62.4	%

	June 30,		December 31,
	20 16		20 15
Long lived assets:
United States	$	10,994	$	10,147
International		3,944		3,148
Total long lived assets	$	14,938	$	13,295