Equity In Joint Ventures

12 Months Ended

Sep. 30, 2014

7.Equity in Joint Ventures

Equity in Joint Ventures consists of amounts invested in joint ventures in which the Company holds a noncontrolling interest. These investments are accounted for using the equity method of accounting.

At September 30, 2014, the Company had a 50% equity interest in Nagase-Landauer, Ltd., a radiation measurement company in Japan; a 50% equity interest in Epsilon Landauer Dozimetri, a radiation measurement company in Turkey; and a 49% equity interest in Yamasato, Fujiwara, Higa & Associates, Inc., a domestic small business supplier to the International Atomic Energy Agency and the U.S. military.

The combined summary financial information as of and for the years ended September 30, 2014, 2013 and 2012 is presented for all equity method investments owned during the respective periods.



(Dollars in Thousands)	2014		2013		2012
Revenues	$	48,897	$	60,523	$	34,937
Gross profit		18,244		24,289		19,796
Net income		4,740		7,810		6,374



(Dollars in Thousands)	2014		2013
Current assets	$	20,864	$	27,580
Other assets		43,831		41,292
Current liabilities		14,231		13,514
Other liabilities		2,576		2,354

- Definition

The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group.

+ References+ Details