Segment And Geographic Information

12 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment And Geographic Information

22.Segment and Geographic Information

The Company manages its business under three operating segments: Americas, Europe and Asia.  All of its operating segments rely on our core technologies and sell the same products primarily in the global automotive industry.  The segments also possess similar economic characteristics, resulting in similar long-term expected financial performance.  In addition, the Company sells to the same customers in all of our operating segments.  Accordingly, our operating segments are aggregated into one reportable segment.    

The Company 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 geographic areas: The Americas (substantially all of which is the United States, with less than 10% from net sales in Brazil), Europe and Asia. Sales and Long-lived assets, net by our geographical regions are as follows (in thousands):

Geographical Regions	Americas		Europe (1)		Asia (2)		Consolidated
Twelve months ended June 30, 2020
Net sales	$	20,183	$	29,052	$	13,027	$	62,262
Tangible long-lived assets, net		4,262		1,321		167		5,750
Twelve months ended June 30, 2019
Net sales	$	25,173	$	34,563	$	17,086	$	76,822
Tangible long-lived assets, net		4,773		1,490		275		6,538

(1) Our German subsidiary had net external sales of $20.6 million and $24.7 million in the fiscal years ended June 30, 2020 and 2019, respectively.  Tangible long-lived assets, net of our German subsidiary were $148,000 and $209,000 as of June 30, 2020 and 2019, respectively. Our Italian subsidiary had net external sales of $8.4 million and $9.9 million in the fiscal years ended June 30, 2020 2019, respectively.  Tangible long-lived assets, net of our Italian subsidiary were $1,095,000 and $1,166,000 as of June 30, 2020 and 2019, respectively.

(2) Our Chinese subsidiary had net external sales of $10.6 million and $13.4 million in the fiscal years ended June 30, 2020 and 2019, respectively.  Tangible long-lived assets, net of our Chinese subsidiary were $64,000 and $97,000 as of June 30, 2020 and 2019, respectively.

The Company has three major product lines: Measurement Solutions, 3D Scanning Solutions and Value Added Services.  Sales by our product lines are as follows (in thousands):

	Fiscal Year Ended, June 30,
Product Lines	2020		2019
Measurement Solutions	$	57,270	$	70,142
3D Scanning Solutions		2,169		3,075
Value Added Service		2,823		3,605
Total Net Sales	$	62,262	$	76,822