Segment and Geographic Information

12 Months Ended

Jun. 30, 2015

Segment and Geographic Information [Abstract]

Segment and Geographic Information

13.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 first quarter of fiscal year 2013, the Company sold its Commercial Products Business Unit (“CBU”).  For fiscal year 2013 the Company’s financial statements have been restated to present 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, 2015
Net sales	$	28,434	$	29,636	$	16,335	$	74,405
Long-lived assets, net		6,533		797		338		7,668
Twelve months ended June 30, 2014
Net sales	$	18,278	$	27,807	$	13,527	$	59,612
Long-lived assets, net		5,662		396		207		6,265
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

(1) The Company’s German subsidiary had net external sales of $24 million, $27.8 million and $26.1 million in the fiscal years ended June 30, 2015, 2014 and 2013, respectively.  Long-lived assets of the Company’s German subsidiary were $320,000, $385,000 and $418,000 as of June 30, 2015, 2014 and 2013, respectively.

(2)The Company’s Chinese subsidiary had net external sales of $12.3 million, $10.0 million and $9.1 million in the fiscal years endedJune 30, 2015, 2014 and 2013, respectively.  Long-lived assets of the Company’s Chinese subsidiary were $195,000,  $110,000 and $117,000 as of June 30, 2015, 2014 and 2013, respectively.