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Segment Information
9 Months Ended
Mar. 31, 2012
Segment Information [Abstract]  
Segment Information

14.          Segment Information

 

The Company’s reportable segments are strategic business units that have separate management teams focused on different marketing strategies.  The IBU segment markets its products primarily to industrial companies directly or through manufacturing line builders, system integrators, original equipment manufacturers (“OEMs”) and value-added resellers (“VARs”).  Products sold by IBU include Automated Systems products consisting of AutoGauge®, AutoGauge® Plus, AutoFit®, AutoScan®, and AutoGuide® that are primarily custom-configured systems typically purchased for installation in connection with new automotive model retooling programs, value added services that are primarily related to Automated Systems products, and Technology Components consisting of ScanWorks®, ScanWorks®xyz, WheelWorks® and Multi-line Sensor products that target the digitizing, reverse engineering, inspection and original equipment manufacturers wheel alignment markets.  The CBU segment products are designed for sale to professional tradesmen in the commercial market and are sold to and distributed through strategic partners. 

 

The accounting policies of the segments are the same as those described in the summary of significant policies.  The Company evaluates performance based on operating income, excluding unusual items.  Company-wide costs are allocated between segments equally or based on personnel count as deemed appropriate.  Assets are allocated between segments based on revenues.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

Industrial

 

Products Business

 

 

 

 

Reportable Segments ($000)

Business Unit

 

Unit

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2012

 

 

 

 

 

 

 

 

 

Net sales

$

 19,190

 

$

 1,076

 

$

 20,266

 

Operating income (loss)

 

 5,558

 

 

 (1,243)

 

 

 4,315

 

Assets

 

 61,220

 

 

 7,915

 

 

 69,135

 

Accumulated depreciation and amortization

 

 14,751

 

 

 1,090

 

 

 15,841

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2011

 

 

 

 

 

 

 

 

 

Net sales

$

 11,587

 

$

 2,547

 

$

 14,134

 

Operating income (loss)

 

 1,307

 

 

 (464)

 

 

 843

 

Assets

 

 50,545

 

 

 16,537

 

 

 67,082

 

Accumulated depreciation and amortization

 

 14,388

 

 

 622

 

 

 15,010

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Commercial

 

 

 

 

 

Industrial

 

Products Business

 

 

 

 

Reportable Segments ($000)

Business Unit

 

Unit

 

Consolidated

 

 

 

 

 

 

 

 

 

 

 

Nine months ended March 31, 2012

 

 

 

 

 

 

 

 

 

Net sales

$

 44,552

 

$

 4,414

 

$

 48,966

 

Operating income (loss)

 

 7,520

 

 

 (2,728)

 

 

 4,792

 

Assets

 

 58,589

 

 

 10,546

 

 

 69,135

 

Accumulated depreciation and amortization

 

 14,751

 

 

 1,090

 

 

 15,841

 

 

 

 

 

 

 

 

 

 

 

Nine months ended March 31, 2011

 

 

 

 

 

 

 

 

 

Net sales

$

 36,684

 

$

 6,544

 

$

 43,228

 

Operating income (loss)

 

 3,541

 

 

 (2,022)

 

 

 1,519

 

Assets

 

 50,326

 

 

 16,756

 

 

 67,082

 

Accumulated depreciation and amortization

 

 14,388

 

 

 622

 

 

 15,010