Segment Reporting

9 Months Ended

Sep. 30, 2014

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. Videotel, which was acquired in July 2014, is headquartered in London, where it has a sales office, and also has sales offices in Hong Kong and Singapore. As a result, Videotel's sales are included in the Company's European and Asian geographic segment.

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 (a) marine, land mobile, automotive, and aeronautical communication equipment and satellite-based voice, television and Broadband Internet connectivity services, (b) the distribution of news, sports, movies, music and training video content for commercial and leisure customers in the maritime, hotel, and retail markets and (c) the distribution of training films and eLearning computer-based training courses to commercial customers in the maritime market. Guidance and stabilization sales and services include sales of commercial and defense-related navigation and guidance and stabilization equipment based upon digital compass and FOG 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:

Three months ended September 30, 2014	Americas			Europe and Asia			Total
Mobile communications sales to the United States	$	22,528		$	398		$	22,926
Mobile communications sales to Canada	180			18			198
Mobile communications sales to Europe	79			5,256			5,335
Mobile communications sales to other geographic areas	1,180			6,556			7,736
Guidance and stabilization sales to the United States	2,169			—			2,169
Guidance and stabilization sales to Canada	2,160			—			2,160
Guidance and stabilization sales to Europe	1,247			—			1,247
Guidance and stabilization sales to other geographic areas	2,479			—			2,479
Intercompany sales	941			1,276			2,217
Subtotal	32,963			13,504			46,467
Eliminations	(941		)	(1,276		)	(2,217		)
Net sales	$	32,022		$	12,228		$	44,250
Segment net (loss) income	$	(1,308	)	$	1,459		$	151
Depreciation and amortization	$	1,143		$	2,121		$	3,264
Total assets	$	116,591		$	119,241		$	235,832

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
Nine months ended September 30, 2014	Americas			Europe and Asia			Total
Mobile communication sales to the United States	$	64,434		$	1,133		$	65,567
Mobile communication sales to Canada	427			51			478
Mobile communication sales to Europe	292			16,585			16,877
Mobile communication sales to other geographic areas	2,906			9,005			11,911
Guidance and stabilization sales to the United States	6,867			—			6,867
Guidance and stabilization sales to Canada	7,681			—			7,681
Guidance and stabilization sales to Europe	3,217			—			3,217
Guidance and stabilization sales to other geographic areas	9,559			—			9,559
Intercompany sales	3,893			3,012			6,905
Subtotal	99,276			29,786			129,062
Eliminations	(3,893		)	(3,012		)	(6,905		)
Net sales	$	95,383		$	26,774		$	122,157
Segment net (loss) income	$	(1,869	)	$	952		$	(917	)
Depreciation and amortization	$	3,403		$	3,271		$	6,674
Total assets	$	116,591		$	119,241		$	235,832

	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