Equity In Joint Venture

12 Months Ended

Sep. 30, 2012

7.Equity in Joint Ventures

Investments accounted for on the equity basis have the related equity in earnings of these joint ventures included in its own caption in the accompanying Statements of Income. At September 30, 2012, 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 as well as the U.S. military.

The combined summary financial information as of and for the years ended September 30, 2012, 2011 and 2010 is presented for all equity method investments owned during the respective periods.

(Dollars in Thousands)	2012		2011		2010
Revenues	$	34,937	$	26,663	$	22,513
Gross profit		19,796		15,125		10,922
Net income		6,374		4,382		3,002

(Dollars in Thousands)		2012		2011
Current assets	$	27,738	$	13,885
Other assets		44,404		21,515
Current liabilities		19,580		11,552
Other liabilities		3,727		2,488

- 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