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Geographic Information
6 Months Ended
Jun. 30, 2011
Geographic Information  
Geographic Information

5.

   Geographic Information

 

 

 

   The geographical distribution of long-lived assets to geographical areas consisted of the following at:


 

 

 

 

 

 

 

 

 

 

June 30,
2011

 

December 31,
2010

 

 

 

 

 

 

 

 

 

United States

 

$

4,735

 

$

5,027

 

Other – primarily Singapore

 

 

1,610

 

 

1,789

 

 

 

 

 

 

 

 

 

Consolidated

 

$

6,345

 

$

6,816

 


 

 

 

Long-lived assets consist of property and equipment and certain other assets as they are difficult to move and relatively illiquid. Excluded from long-lived assets are investments in partnerships, patents, license agreements and goodwill. The Company capitalizes long-lived assets pertaining to the production of specialized parts. These assets are periodically reviewed to assure the net realizable value from the estimated future production based on forecasted cash flows exceeds the carrying value of the assets.

 

 

 

The geographical distribution of net sales to geographical areas for the three and six months ended June 30, 2011 and 2010 were as follows:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended

 

Six months ended

 

 

Net Sales to Geographical Areas

 

June 30,
2011

 

June 30,
2010

 

June 30,
2011

 

June 30,
2010

 

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

9,961

 

$

10,489

 

$

19,911

 

$

20,549

 

 

Germany

 

 

287

 

 

525

 

 

829

 

 

1,413

 

 

China

 

 

604

 

 

851

 

 

1,131

 

 

1,690

 

 

Switzerland

 

 

192

 

 

179

 

 

372

 

 

340

 

 

Japan

 

 

457

 

 

406

 

 

746

 

 

673

 

 

France

 

 

440

 

 

468

 

 

816

 

 

863

 

 

Singapore

 

 

247

 

 

288

 

 

364

 

 

748

 

 

United Kingdom

 

 

243

 

 

103

 

 

460

 

 

180

 

 

Vietnam

 

 

334

 

 

376

 

 

535

 

 

649

 

 

Hong Kong

 

 

274

 

 

179

 

 

452

 

 

355

 

 

All other countries

 

 

904

 

 

1,070

 

 

2,095

 

 

2,028

 

 

Consolidated

 

$

13,943

 

$

14,934

 

$

27,711

 

$

29,488

 


 

 

 

Geographic net sales are allocated based on the location of the customer. All other countries include net sales primarily to various countries in Europe and in the Asian Pacific.

 

 

 

For the three and six months ended June 30, 2011, two customers accounted for 32 percent and one customer accounted for 22 percent of the Company's consolidated net sales, respectively. For the three and six months ended June 30, 2010, one customer accounted for 25 percent of the Company's consolidated net sales in both periods.

 

 

 

At June 30, 2011, two customers accounted for 22 percent of the Company's consolidated accounts receivable. At December 31, 2010, one customer accounted for 13 percent of the Company's consolidated accounts receivable.