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Segment Information
12 Months Ended
Jun. 30, 2013
Segment Information [Abstract]  
Segment Information

10.Segment and Geographic Information

 

The Company’s business is substantially all in the global automotive market and its business segment is the automotive industry.  In the fourth quarter of fiscal year 2012, the Company decided to sell its Commercial Products Business Unit (“CBU”).  Previous periods have been restated on the face of the financial statements to show the CBU as a discontinued operation.  The Company primarily accounts for geographic sales based on the country from which the sale is invoiced rather than the country to which the product is shipped.  The Company operates in three primary geographic areas:  The Americas (substantially all of which is the United States, with less than 10% from net sales in Brazil), Europe, and Asia.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Geographical Regions ($000)

 

Americas

 

Europe (1)

 

Asia (2)

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

 

 

Twelve months ended June 30, 2013

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

22,170 

 

$

26,118 

 

$

12,598 

 

$

60,886 

Long-lived assets, net

 

 

5,710 

 

 

434 

 

 

159 

 

 

6,303 

 

 

 

 

 

 

 

 

 

 

 

 

 

Twelve months ended June 30, 2012

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

26,247 

 

$

18,375 

 

$

12,757 

 

$

57,379 

Long-lived assets, net

 

 

7,088 

 

 

392 

 

 

209 

 

 

7,689 

 

 

 

 

 

 

 

 

 

 

 

 

 

Twelve months ended June 30, 2011

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

20,405 

 

$

22,636 

 

$

7,806 

 

$

50,847 

Long-lived assets, net

 

 

7,304 

 

 

333 

 

 

114 

 

 

7,751 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

The Company’s German subsidiary had net external sales of $26.1 million, $18.4 million and $22.6 million in the fiscal years ended June 30, 2013, 2012 and 2011, respectively.  Long-lived assets of the Company’s German subsidiary were $418,000, $373,000 and $314,000 as of June 30, 2013, 2012 and 2011, respectively.

 

2

The Company’s Chinese subsidiary had net external sales of $9.1 million, $8.7 million and $3.5 million in the fiscal years ended June 30, 2013, 2012 and 2011, respectively.  Long-lived assets of the Company’s Chinese subsidiary were $117,000,  $135,000 and $33,000 as of June 30, 2013, 2012 and 2011, respectively.