Segment and Related Information

6 Months Ended

Jun. 30, 2017

Segment and Related Information [Abstract]

Segment and Related Information

Note 9 — Segment and Related Information

The Company is organized in two reportable business segments, Restaurant/Retail and Government. The Company’s chief operating decision maker is the Company’s Chief Executive Officer.  Management views the Restaurant/Retail and Government segments separately in operating its business, as the products and services are different for each segment. The Restaurant/Retail segment offers integrated solutions to restaurants and retail, including in the fast casual, quick serve and table service restaurant categories, and speciality retail outlets. These offerings include industry leading hardware and cloud and on-premise software applications utilized at the point-of-sale, back of store and corporate office and includes the Brink cloud-based point-of-sale software.  This segment also offers customer support including field service, installation, and twenty-four-hour telephone support and depot repair.  With our SureCheck solution, we continue to expand our business into big box retailers, grocery stores and contract food management organizations.  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.

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 June 30,						(in thousands) For the six months ended June 30,
	2017			2016			2017			2016
Revenues:
Restaurant/Retail	$	47,716		$	33,248		$	99,265		$	67,036
Government		14,545			19,410			28,861			40,927
Total	$	62,261		$	52,658		$	128,126		$	107,963
Operating  income:
Restaurant/Retail	$	1,795		$	(800	)	$	4,161		$	(1,300	)
Government		1,587			1,496			3,098			3,303
Other		(628	)		(344	)		(2,264	)		(1,587	)
		2,754			352			4,995			416
Other income (loss), net		54			(210	)		(194	)		(280	)
Interest (expense) income, net		(13	)		3			(45	)		32
Income before provision for income taxes	$	2,795		$	145		$	4,756		$	168
Depreciation, amortization and accretion:
Restaurant/Retail	$	821		$	756		$	1,595		$	1,488
Government		4			10			11			19
Other		129			63			246			99
Total	$	954		$	829		$	1,852		$	1,606
Capital expenditures including software costs:
Restaurant/Retail	$	1,256		$	702		$	2,331		$	1,650
Government		7			32			7			39
Other		1,033			489			3,307			515
Total	$	2,296		$	1,223		$	5,645		$	2,204
Revenues by country:
United States	$	57,621		$	47,571		$	119,188		$	97,790
Other Countries		4,640			5,087			8,938			10,173
Total	$	62,261		$	52,658		$	128,126		$	107,963

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

	(in thousands)
	June 30, 2017		December 31, 2016
Restaurant/Retail	$	87,553	$	87,672
Government		7,613		6,504
Other		28,041		29,873
Total	$	123,207	$	124,049

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

	(in thousands)
	June 30, 2017		December 31, 2016
United States	$	107,293	$	110,369
Other Countries		15,914		13,680
Total	$	123,207	$	124,049

The following table represents Goodwill by reporting unit. Amounts below exclude discontinued operations.

	(in thousands)
	June 30, 2017		December 31, 2016
Restaurant/Retail	$	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 June 30,						For the six months ended June 30 ,
	2017			2016			2017			2016
Hospitality segment:
McDonald’s Corporation		36	%		24	%		40	%		21	%
Yum! Brands, Inc.		14	%		10	%		13	%		11	%
Government segment:
U.S. Department of Defense		23	%		37	%		23	%		38	%
All Others		27	%		29	%		24	%		30	%
		100	%		100	%		100	%		100	%

No other customer within All Others represented more than 10% of the Company’s total revenue for the three and six months ended June 30, 2017 or 2016.