Segment and Related Information

3 Months Ended

Mar. 31, 2016

Segment and Related Information [Abstract]

Segment and Related Information

Note8— Segment and Related Information

The Company currently has two reportable business segments, hospitality and government.  Prior to the sale of the hotel/spa reporting unit on November 4, 2015 (see note 2), the Company was organized in three reporting units within its two business segments: restaurant/retail, hotel/spa and government.  The Company identified government as a separate reportable segment and had aggregated the restaurant/retail and hotel/spa reporting units into one reportable business segment, hospitality, as they shared many similar economical characteristics.  The hotel/spa reporting unit is now included within discontinued operations. Management views the government and hospitality segments separately in operating its business, as the products and services are different for each segment.  The hospitality segment offers integrated solutions to the food service industry consisting of restaurants, grocery stores, contract foodand specialty retail outlets.  These offerings include industry leading software solutions utilized at the point-of-sale, back of store and corporate office and includes the acquisition of Brink Software, and PAR’s food safety software platform, SureCheck. Also offered is PAR’s industry leading hardware.  This segment also offers software delivery services and other customer support including field service, installation, and twenty-four hour telephone support and depot repair.  The government segment performs complex technical studies, analysis, and experiments, develops innovative solutions, and provides on-site engineering in support of advanced defense, security, and aerospace systems.  This segment also provides expert on-site services for operating and maintaining U.S. Government-owned communication assets.  The Company’s chief operating decision maker is the Company’s Chief Executive Officer.

Information noted as “Other” primarily relates to the Company’s corporate, home office operations.

Information as to the Company's segments is set forth below.  Amounts below exclude discontinued operations.

	(in thousands) For the three months ended March 31,
	2016			2015
Revenues:
Hospitality	$	33,788		$	31,382
Government		21,517			23,836
Total	$	55,305		$	55,218
Operating income (loss):
Hospitality	$	(500	)	$	(317	)
Government		1,807			1,245
Other		(1,243	)		(273	)
		64			655
Other income, net		(70	)		(206	)
Interest expense		29			(86	)
Income before provision for income taxes	$	23		$	363
Depreciation, amortization and accretion:
Hospitality	$	732		$	637
Government		9			12
Other		36			69
Total	$	777		$	718
Capital expenditures including software costs:
Hospitality	$	948		$	628
Government		7			-
Other		26			60
Total	$	981		$	688
Revenues by country:
United States	$	50,219		$	49,777
Other Countries		5,086			5,441
Total	$	55,305		$	55,218

The following table represents identifiable assets by business segment. Amounts below exclude discontinued operations.

	(in thousands)
	March 31, 2016		December 31, 2015
Hospitality	$	75,953	$	72,948
Government		13,673		10,052
Other		28,990		32,312
Total	$	118,616	$	115,312

The following table represents assets by country based on the location of the assets. Amounts below exclude discontinued operations.

	(in thousands)
	March 31, 2016		December 31, 2015
United States	$	104,491	$	100,021
Other Countries		14,125		15,291
Total	$	118,616	$	115,312

The following table represents Goodwill by business segment. Amounts below exclude discontinued operations.

	(in thousands)
	March 31, 2016		December 31, 2015
Hospitality	$	10,315	$	10,315
Government		736		736
Total	$	11,051	$	11,051

Customers comprising 10% or more of the Company's total revenues, excluding discontinued operations, are summarized as follows:

	For the three months ended March 31,
	2016			2015
Hospitality segment:
McDonald’s Corporation		17	%		18	%
Yum! Brands, Inc.		12	%		8	%
Government segment:
U.S. Department of Defense		39	%		43	%
All Others		32	%		31	%
		100	%		100	%

No other customer within All Others represented more than 10% of the Company’s total revenue for the three months ended March 31, 2016 or 2015.