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Geographical Data
6 Months Ended
Dec. 31, 2019
Geographical Data  
Geographical Data

Note 12 – Geographical Data

The Company is engaged in one major line of business: the development, manufacture, and distribution of security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products for commercial and residential use. The Company also provides wireless communication service for intrusion and fire alarm systems. These products are used for commercial, residential, institutional, industrial and governmental applications, and are sold worldwide principally to independent distributors, dealers and installers of security equipment. Sales to unaffiliated customers are primarily shipped from the United States. The Company has customers worldwide with major concentrations in North America.

Financial Information Relating to Domestic and Foreign Operations (in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months ended December 31, 

 

Six Months ended December 31,

 

    

2019

    

2018

    

2019

    

2018

Sales to external customers(1):

 

 

 

 

  

 

 

  

Domestic

 

$

25,236

 

$

24,013

 

$

51,055

 

$

46,886

Foreign

 

 

593

 

 

816

 

 

1,059

 

 

1,319

Total Net Sales

 

$

25,829

 

$

24,829

 

$

52,114

 

$

48,205

 

 

 

 

 

 

 

 

 

 

December 31, 

 

June 30, 

Identifiable assets:

    

2019

    

2019

United States

 

$

62,918

 

$

59,683

Dominican Republic (2)

 

 

38,442

 

 

26,225

Total Identifiable Assets

 

$

101,360

 

$

85,908


(1)

All of the Company’s sales originate in the United States and are shipped primarily from the Company’s facilities in the United States. There were no sales into any one foreign country in excess of 10% of total Net Sales.

(2)

Consists primarily of inventories (December 31, 2019 = $27,198, June 30, 2019 = $22,549) and long-lived assets (December 31, 2019 = $11,000, June 30, 2019 = $3,443) located at the Company’s principal manufacturing facility in the Dominican Republic.