Geographic Information

9 Months Ended

Sep. 30, 2012

Geographic Information [Abstract]

Geographic Information

4.	Geographic Information
	The geographical distribution of long-lived assets to geographical areas consisted of the following at:

	September 30, 2012		December 31, 2011
United States	$	5,389	$	5,382
Other – primarily Singapore		1,935		2,014
Consolidated	$	7,324	$	7,396

Long-lived assets consist of property and equipment and certain other assets that 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 nine months ended September 30, 2012 and 2011 were as follows:

	Three months ended				Nine months ended
Net Sales to Geographical Areas	September 30, 2012		September 30, 2011		September 30, 2012		September 30, 2011
United States	$	9,338	$	9,981	$	33,037	$	28,892
Germany		364		416		1,351		1,245
China		714		244		2,050		1,375
Switzerland		292		192		842		564
Japan		309		447		977		1,193
France		344		361		1,081		1,177
Singapore		1,662		188		2,694		552
United Kingdom		592		363		1,636		823
Vietnam		308		277		871		812
Hong Kong		153		337		460		789
All other countries		828		1,067		2,269		3,162
Consolidated	$	14,904	$	13,873	$	47,268	$	41,584

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 months ended September 30, 2012, two customers accounted for a combined 32 percent of the Company's consolidated net sales. For the nine months ended September 30, 2012, one customer accounted for 20 percent of the Company's consolidated net sales. For the three and nine months ended September 30, 2011, two customers accounted for a combined 31 percent and one customer accounted for 21 percent of the Company's consolidated net sales, respectively.

At September 30, 2012, two customers combined accounted for 26 percent of the Company's consolidated accounts receivable. At December 31, 2011, one customer accounted for 12 percent of the Company's consolidated accounts receivable.