OPERATING SEGMENT INFORMATION

12 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 15          OPERATING SEGMENT INFORMATION

The Company reports and manages its continuing operations based on a single operating segment: the design and distribution of carry and protective solutions, primarily for hand held electronic devices. Products designed and distributed by this segment include carrying cases and other accessories for medical monitoring and diagnostic kits, portable consumer electronic devices (such as smartphones, tablets, personnel computers, notebooks, and GPS devices), and a variety of other portable electronic and non-electronic products (such as firearms, sporting, and other recreational products). This segment operates in geographic regions that include primarily APAC, the Americas, and EMEA. Geographic regions are defined by reference primarily to the location of the customer or its contract manufacturer.

On June 21, 2012, the Company determined to wind down its Retail segment and focus solely on growing its OEM business.  The decision to eliminate the Retail division was primarily driven by the longer than estimated path to bring it to profitability and the strong net sales growth and cost rationalizations in the OEM business. The Company has substantially completed its exit of its Retail business.

Revenues from External Customers

The following table presents net sales by geographic region.

	(dollars in thousands)
	Fiscal Years Ended September 30,
	2014		2013
Americas:
United States	$	9,382	$	9,424
Other		467		1,538
Total Americas		9,849		10,962
APAC Region:
Hong Kong		8,608		7,491
Other		3,043		3,273
Total APAC		11,651		10,764
EMEA Region:
Germany		7,238		5,097
Poland		3,955		3,525
Other		667		563
Total Europe		11,860		9,185
Total net sales	$	33,360	$	30,911

Long-Lived Assets (Net of Accumulated Depreciation and Amortization)

Identifiable long-lived assets, consisting predominately of property, plant and equipment, were located in the Americas at September 30, 2014 and 2013.

Supplier Concentration

The Company procures substantially all its supply of carrying solutions products from independent suppliers in China through Forward China.  Depending on the product, the Company may require several different suppliers to furnish component parts or pieces. The Company purchased approximately 94% and 90% of its OEM products from four such suppliers in Fiscal 2014 and 2013, respectively. The approximate percentages of purchases of OEM products from each of these four suppliers with respect to continuing operations for Fiscal 2014 and Fiscal 2013 are as follows: 

	Fiscal Year Ended September 30,
	2014		2013
Supplier:
OEM Supplier A	66	%	0	%
OEM Supplier B	20	%	50	%
OEM Supplier C	5	%	19	%
OEM Supplier D	3	%	14	%
OEM Supplier E	1	%	9	%
Totals	95	%	92	%

Major Customers

The following customers or their affiliates or contract manufacturers accounted for more than ten percent of the Company’s net sales, by geographic region.

	Fiscal Year Ended September 30, 2014
	Americas		APAC Region		EMEA Region		Total Company
Diabetic Customer A	-	%	87	%	4	%	27	%
Diabetic Customer B	24	%	3	%	19	%	14	%
Diabetic Customer C	24	%	-	%	58	%	24	%
Diabetic Customer D	14	%	2	%	22	%	11	%

	Fiscal Year Ended September 30, 2013
	Americas		APAC Region		EMEA Region		Total Company
Diabetic Customer A	-	%	70	%	1	%	24	%
Diabetic Customer B	21	%	3	%	15	%	13	%
Diabetic Customer C	24	%	-	%	51	%	24	%
Diabetic Customer D	18	%	2	%	24	%	14	%

Four customers (including their affiliates or contract manufacturers) accounted for approximately 77% and 73% of the Company's accounts receivable at September 30, 2014 and 2013, respectively.