Segment Reporting

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

Under common operational management, the Company designs, develops, manufactures and markets its navigation, guidance and stabilization and mobile communications products for use in a wide variety of applications. Products are generally sold directly to third-party consumer electronic dealers and retailers, original equipment manufacturers, government contractors or to U.S. and other foreign government agencies. Primarily, sales originating in the Americas consist of sales within the United States and Canada and, to a lesser extent, Mexico and some Latin and South American countries. The Americas’ sales also include all guidance and stabilization product sales throughout the world. Sales originating from the Company’s European and Asian subsidiaries principally consist of sales into all European countries, both inside and outside the European Union, as well as Africa, Asia/Pacific, the Middle East and India.

The Company operates in two geographic segments, exclusively in the mobile communications, navigation and guidance and stabilization equipment industry, which it considers to be a single business activity. The Company has two primary product categories: mobile communications and guidance and stabilization. Mobile communication sales and services include marine, land mobile, automotive, and satellite-based voice, television and Broadband Internet connectivity services. Mobile communications services sales also include our distribution of premium news, sports, movies and music content for commercial and leisure customers in the maritime, hotel, and retail markets via Headland Media Limited, the media and entertainment service company we acquired on May 11, 2013. Guidance and stabilization sales and services include sales of defense-related navigation and guidance and stabilization equipment based upon digital compass and fiber optic sensor technology. Mobile communication and guidance and stabilization sales also include development contract revenue, product repairs and extended warranty sales.

The following table summarizes information regarding the Company’s operations by geographic segment:

	Sales Originating From
Three months ended September 30, 2013	Americas			Europe and Asia			Total
Mobile communications sales to the United States	$	21,270		$	299		$	21,569
Mobile communications sales to Canada	108			—			108
Mobile communications sales to Europe	181			4,622			4,803
Mobile communications sales to other geographic areas	1,001			1,532			2,533
Guidance and stabilization sales to the United States	2,026			—			2,026
Guidance and stabilization sales to Canada	3,700			—			3,700
Guidance and stabilization sales to Europe	1,437			—			1,437
Guidance and stabilization sales to other geographic areas	4,040			—			4,040
Intercompany sales	746			549			1,295
Subtotal	34,509			7,002			41,511
Eliminations	(746		)	(549		)	(1,295		)
Net sales	$	33,763		$	6,453		$	40,216
Segment net income (loss)	$	1,687		$	(301	)	$	1,386
Depreciation and amortization	$	1,117		$	408		$	1,525
Total assets	$	132,415		$	48,612		$	181,027

	Sales Originating From
Three months ended September 30, 2012	Americas			Europe and Asia			Total
Mobile communications sales to the United States	$	16,609		$	—		$	16,609
Mobile communications sales to Canada	205			—			205
Mobile communications sales to Europe	99			2,856			2,955
Mobile communications sales to other geographic areas	1,270			1,165			2,435
Guidance and stabilization sales to the United States	1,720			—			1,720
Guidance and stabilization sales to Canada	2,718			—			2,718
Guidance and stabilization sales to Europe	3,407			—			3,407
Guidance and stabilization sales to other geographic areas	8,773			—			8,773
Intercompany sales	1,577			221			1,798
Subtotal	36,378			4,242			40,620
Eliminations	(1,577		)	(221		)	(1,798		)
Net sales	$	34,801		$	4,021		$	38,822
Segment net income (loss)	$	1,996		$	(251	)	$	1,745
Depreciation and amortization	$	1,118		$	514		$	1,632
Total assets	$	114,039		$	20,062		$	134,101

	Sales Originating From
Nine months ended September 30, 2013	Americas			Europe and Asia			Total
Mobile communication sales to the United States	$	58,767		$	476		$	59,243
Mobile communication sales to Canada	391			—			391
Mobile communication sales to Europe	409			12,903			13,312
Mobile communication sales to other geographic areas	2,566			3,660			6,226
Guidance and stabilization sales to the United States	4,889			—			4,889
Guidance and stabilization sales to Canada	11,583			—			11,583
Guidance and stabilization sales to Europe	5,895			—			5,895
Guidance and stabilization sales to other geographic areas	21,801			—			21,801
Intercompany sales	3,286			1,383			4,669
Subtotal	109,587			18,422			128,009
Eliminations	(3,286		)	(1,383		)	(4,669		)
Net sales	$	106,301		$	17,039		$	123,340
Segment net income (loss)	$	5,302		$	(404	)	$	4,898
Depreciation and amortization	$	3,391		$	910		$	4,301
Total assets	$	132,415		$	48,612		$	181,027

	Sales Originating From
Nine months ended September 30, 2012	Americas			Europe and Asia			Total
Mobile communication sales to the United States	$	47,202		$	—		$	47,202
Mobile communication sales to Canada	571			—			571
Mobile communication sales to Europe	342			12,462			12,804
Mobile communication sales to other geographic areas	2,777			3,725			6,502
Guidance and stabilization sales to the United States	4,848			—			4,848
Guidance and stabilization sales to Canada	7,925			—			7,925
Guidance and stabilization sales to Europe	7,758			—			7,758
Guidance and stabilization sales to other geographic areas	9,959			—			9,959
Intercompany sales	8,208			1,271			9,479
Subtotal	89,590			17,458			107,048
Eliminations	(8,208		)	(1,271		)	(9,479		)
Net sales	$	81,382		$	16,187		$	97,569
Segment net income (loss)	$	1,621		$	(798	)	$	823
Depreciation and amortization	$	3,021		$	356		$	3,377
Total assets	$	114,039		$	20,062		$	134,101