Geographic Information

6 Months Ended

Jun. 30, 2013

Geographic Information [Abstract]

Geographic Information

6. Geographic Information

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

		June 30,		December 31,
		2013		2012
United States	$	3,744	$	4,837
Other – primarily Asia		1,390		1,503
Consolidated	$	5,134	$	6,340

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 six months ended June 30, 2013 and 2012 were as follows:

		Three Months Ended				Six Months Ended
Net Sales to Geographical Areas		June 30, 2013		June 30, 2012		June 30, 2013		June 30, 2012
United States	$	7,949	$	10,782	$	16,930	$	21,751
Germany		233		397		528		987
China		869		822		2,197		1,336
Switzerland		355		255		788		545
Singapore		5		846		124		1,032
France		389		360		801		737
Japan		399		251		781		658
United Kingdom		142		442		750		1,042
Turkey		66		-		177		197
Hong Kong		83		153		286		255
Vietnam		240		267		634		563
All other countries		749		368		1,609		1,193
Consolidated	$	11,479	$	14,943	$	25,605	$	30,296

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. Customer concentrations greater than 10% of consolidated net sales and account receivable are disclosed below.

For the three and six months ended June 30, 2013, two customers accounted for 34% and 37% of the Company’s consolidated net sales, respectively.  For the three and six months ended June 30, 2012, two customers accounted for a combined 35% and 35% of the Company’s consolidated net sales, respectively. 

At June 30, 2013, three customers combined accounted for 33% of the Company’s consolidated accounts receivable. At December 31, 2012, three customers accounted for a combined 37% of the Company’s consolidated accounts receivable.