Segment Information

3 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 14 – Segment Information

The Company has four reportable segments aligned with each of the Company’s product lines in accordance with ASC 280, “Segment Reporting.”  

The following table provides selected financial information for each reportable segment for the three month periods ended September 30, 2013 and 2012:

	Seismic Energy Sources		Underwater Cables & Connectors		Seismic Energy Source Controllers		Underwater Robotic Vehicles		Corporate Headquarters & Eliminations		Consolidated
Three Months Ended     September 30, 2013
Sales to external customers	$	6,278,000	$	5,146,000	$	1,662,000	$	3,122,000	$	—	$	16,208,000
Intersegment sales		380,000		177,000		291,000		—		(848,000)		—
Depreciation and amortization		69,000		75,000		17,000		234,000		5,000		400,000
Income (loss) before income     taxes		1,279,000		2,129,000		871,000		220,000		(971,000)		3,528,000
Fixed asset additions		97,000		29,000		51,000		4,000		—		181,000
Three Months Ended     September 30, 2012
Sales to external customers	$	5,407,000	$	4,355,000	$	882,000	$	3,624,000	$	—	$	14,268,000
Intersegment sales		—		49,000		102,000		—		(151,000)		—
Depreciation and amortization		51,000		70,000		69,000		228,000		5,000		423,000
Income (loss) before income     taxes		759,000		1,821,000		371,000		694,000		(1,024,000)		2,621,000
Fixed asset additions		36,000		331,000		—		39,000		—		406,000
Balance Sheet Data at     September 30, 2013
Segment assets	$	19,411,000	$	18,760,000	$	6,701,000	$	22,529,000	$	18,010,000	$	85,411,000
Goodwill		—		7,679,000		3,278,000		6,270,000		—		17,227,000
Balance Sheet Data at     June 30, 2013
Segment assets	$	23,140,000	$	18,757,000	$	5,716,000	$	22,724,000	$	12,749,000	$	83,086,000
Goodwill		—		7,679,000		3,278,000		6,270,000		—		17,227,000

The Company does not allocate income taxes to the segments.