Segment Data and Related Information

12 Months Ended

Sep. 30, 2011

Segment Data and Related Information [Abstract]

Segment Data and Related Information [Text Block]

Segment Data and Related Information

We have four operating divisions and two reporting segments.

• Fiber Optics: EMCORE Digital Fiber Optics Products and EMCORE Broadband Fiber Optics Products are aggregated as a separate reporting segment, Fiber Optics. Our Fiber Optics segment offers optical components, subsystems, and systems for high-speed data and telecommunications, cable television (CATV), and fiber-to-the-premises (FTTP) networks.

• Photovoltaics: EMCORE Photovoltaics and EMCORE Solar Power are aggregated as a separate reporting segment, Photovoltaics. Our Photovoltaics segment provides products for both satellite and terrestrial applications. For satellite applications, we offer high-efficiency gallium arsenide (GaAs) multi-junction solar cells, covered interconnected cells (CICs), and solar panels. For terrestrial applications, we offer concentrating photovoltaic (CPV) power systems for commercial and utility scale solar applications as well as GaAs solar cells and integrated CPV components for use in other solar power concentrator systems.

We evaluate our reportable segments pursuant to ASC 280, Segment Reporting. The Company's Chief Executive Officer is the chief operating decision maker and he assesses the performance of the operating segments and allocates resources to segments based on their business prospects, competitive factors, net revenue, operating results and other non-GAAP financial ratios.

The following tables set forth the revenue and percentage of total revenue attributable to each of our reporting segments.

Segment Revenue	For the Fiscal Years Ended September 30,
(in thousands, expect percentages)	2011				2010				2009
	Revenue		% of Revenue		Revenue		% of Revenue		Revenue		% of Revenue
Fiber Optics revenue	$	125,659	62.5	%	$	121,724	63.6	%	$	114,134	64.7	%
Photovoltaics revenue	75,269		37.5	%	69,554		36.4	%	62,222		35.3	%
Total revenue	$	200,928	100.0	%	$	191,278	100.0	%	$	176,356	100.0	%

The following table sets forth consolidated revenue by geographic region with revenue assigned to geographic regions based on our customers’ billing address.

Geographic Revenue	For the Fiscal Years Ended September 30,
(in thousands, expect percentages)	2011				2010				2009
	Revenue		% of Revenue		Revenue		% of Revenue		Revenue		% of Revenue
United States	$	140,203	69.8	%	$	115,304	60.3	%	$	106,155	60.2	%
Asia	49,417		24.6	%	56,411		29.5	%	54,362		30.8	%
Europe	9,081		4.5	%	12,712		6.6	%	8,878		5.0	%
Other	2,227		1.1	%	6,851		3.6	%	6,961		4.0	%
Total revenue	$	200,928	100.0	%	$	191,278	100.0	%	$	176,356	100.0	%

See Footnote 20 - Subsequent Event for a discussion associated with the impact of the floods in Thailand on our operations.

For the fiscal years ended September 30,2011, 2010, and 2009, our top five customers accounted for 40%, 44%, and 43%, respectively, of our annual consolidated revenue.  The following table sets forth our significant customers, defined as customers that represented greater than 10% of total consolidated revenue, by reporting segment.

Significant Customers	For the Fiscal Years Ended September 30,
	2011	2010	2009
Fiber Optics - Cisco Systems	—%	13%	15%
Photovoltaics - Loral Space & Communications	11%	11%	14%

The following table sets forth operating loss attributable to each of our reporting segments.

Statement of Operations Data (in thousands)	For the Fiscal Years Ended September 30,
	2011			2010			2009
Fiber Optics operating loss	$	(30,276	)	$	(19,888	)	$	(126,830	)
Photovoltaics operating loss	(2,251		)	(1,538		)	(14,136		)
Total operating loss	$	(32,527	)	$	(21,426	)	$	(140,966	)

In fiscal 2009, we recorded non-cash impairment charges totaling $60.8 million related to goodwill, intangible assets, and fixed assets related to our Fiber Optics segment.

The following table sets forth our significant non-cash expenses attributable to each of our reporting segments.

Depreciation and Amortization (in thousands)	For the Fiscal Years Ended September 30,
	2011		2010		2009
Fiber Optics segment	$	6,599	$	6,974	$	10,314
Photovoltaics segment	5,374		5,314		5,768
Total depreciation and amortization	$	11,973	$	12,288	$	16,082

Long-lived assets consist primarily of property, plant, and equipment and also goodwill and intangible assets.  The following table sets forth long-lived assets for each of our reporting segments.

Long-lived assets	As of September 30, 2011		As of September 30, 2010
(in thousands)
Fiber Optics segment	$	26,483	$	31,175
Photovoltaics segment	45,545		45,935
Corporate division (unallocated)	1,007		1,002
Long-lived assets	$	73,035	$	78,112

As of September 30, 2011 and 2010, approximately 93% and 87% of our long-lived assets were located in the United States.