10.Business Segment Information

We currently operate in three reportable segments: Roadway Sensors, Transportation Systems, and Agriculture and Weather Analytics.

The Roadway Sensors segment provides various advanced detection sensors and systems for traffic intersection management, communication systems and roadway traffic data collection applications. The Roadway Sensors product line uses advanced image processing technology and other techniques to capture and analyze sensor data through sophisticated algorithms, enabling vehicle, bicycle and pedestrian detection, as well as the transmission of both video images and data using various communication technologies. Our Roadway Sensors products include, among others, Vantage, VantageLive!, Vantage Next, VantagePegasus, VantageRadius, Vantage Vector, Velocity, SmartCycle, SmartCycle Bike Indicator, SmartSpan, VersiCam, PedTrax and P-Series products. Our Roadway Sensors segment also includes the sale of original equipment manufacturer (“OEM”) products for the traffic intersection markets, which include, among other things, traffic signal controllers and traffic signal equipment cabinets.

The Transportation Systems segment provides engineering and consulting services, performance measurement and traffic analytics solutions, as well as the development of transportation management and traveler information systems for the ITS industry. Our Transportation Systems services include planning, design, implementation, operation and management of surface transportation infrastructure systems. We perform analysis and study goods movement, commercial vehicle operations, provide travel demand forecasting and systems engineering, and identify mitigation measures to reduce traffic congestion. Our Transportation Systems product line includes: Iteris Signal Performance Measures ("SPM"), our advanced traveler information system solutions ClearPath 511 and Reverse 511, ClearGuide, and iPeMS, our performance measurement and information management solution as well as our commercial vehicle operations and vehicle safety compliance platforms known as CVIEW-Plus, CheckPoint, UCRLink and inspect. The Transportation Systems segment also includes the operations of AGI beginning July 2, 2019 (see Note 9, Acquisition).

The Agriculture and Weather Analytics segment includes ClearPath Weather, our road maintenance applications, and ClearAg, our digital agriculture platform. ClearPath Weather is a web-based solution, that includes a suite of tools that applies data assimilation and modeling technologies for assessing historical weather conditions for both short-term and long-range weather forecasts and customizable route/site weather and pavement forecasting, and providing winter road maintenance recommendations for state agencies, municipalities and for commercial companies that allow such users to create solutions to meet roadway maintenance decision needs. ClearAg solutions combine weather and agronomic data with proprietary land-surface modeling and analytics to solve complex agricultural problems and to increase the efficiency and sustainability of farmlands. We currently offer ClearAg solutions to companies in the agriculture industry, such as seed and crop protection companies, integrated food companies, and agricultural equipment manufacturers and service providers. ClearAg solutions provide weather, environment, soil and plant growth modeling to deliver smart content through ClearAg APIs and components, IMFocus APIs and ClearAg web applications.

The accounting policies of our reportable segments are the same as those described in the summary of significant accounting policies (Note 1 – Description of Business and Summary of Significant Accounting Policies). Certain corporate general and administrative expenses, including general overhead functions such as information systems, accounting, human resources, marketing, compliance costs and certain administrative expenses, as well as interest and amortization of intangible assets, are not allocated to the segments. The reportable segments are each managed separately because they manufacture and distribute distinct products or provide services with different processes. All reported segment revenues are derived from external customers. Our Chief Executive Officer, who is our chief operating decision maker (“CODM”), reviews financial information at the operating segment level. Our CODM does not review assets by segment in his resource allocation, and therefore, assets by segment are not disclosed below.

The following table sets forth selected unaudited condensed consolidated financial information for our reportable segments for the three and six months ended September 30, 2019 and 2018:


					Agriculture
	Roadway		Transportation		and Weather
	Sensors		Systems		Analytics		Total
	(In thousands)
Three Months Ended September 30, 2019
Product revenues	$	12,480	$	1,315	$	—	$	13,795
Service revenues		75		12,716		1,296		14,087
Total revenues	$	12,555	$	14,031	$	1,296	$	27,882
Segment income (loss)		2,224		1,942		(1,136)		3,030

Three Months Ended September 30, 2018
Product revenues	$	10,960	$	1,452	$	—	$	12,412
Service revenues		17		10,907		1,081		12,005
Total revenues	$	10,977	$	12,359	$	1,081	$	24,417
Segment income (loss)		2,477		1,771		(1,589)		2,659


					Agriculture
	Roadway		Transportation		and Weather
	Sensors		Systems		Analytics		Total
	(In thousands)
Six Months Ended September 30, 2019
Product revenues	$	25,251	$	3,061	$	—	$	28,312
Service revenues		112		23,329		2,736		26,177
Total revenues	$	25,363	$	26,390	$	2,736	$	54,489
Segment income (loss)		4,556		3,508		(2,171)		5,893

Six Months Ended September 30, 2018
Product revenues	$	21,761	$	2,569	$	—	$	24,330
Service revenues		76		22,974		2,512		25,562
Total revenues	$	21,837	$	25,543	$	2,512	$	49,892
Segment income (loss)		4,310		3,129		(2,731)		4,708

The following table reconciles total segment income (loss) to unaudited condensed consolidated loss from continuing operations before income taxes:


	Three Months Ended				Six Months Ended
	September 30,				September 30,
	2019		2018		2019		2018
	(In thousands)				(In thousands)
Segment income (loss):
Total income from reportable segments	$	3,030	$	2,659	$	5,893	$	4,708
Unallocated amounts:
Corporate and other expenses		(5,150)		(3,990)		(9,518)		(7,566)
Amortization of intangible assets		(231)		(65)		(297)		(130)
Other income, net		117		18		107		33
Interest income, net		48		41		81		80
Loss from operations before income taxes	$	(2,186)	$	(1,337)	$	(3,734)	$	(2,875)