XML 64 R12.htm IDEA: XBRL DOCUMENT v2.4.0.8
Geographic Information
9 Months Ended
Sep. 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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

 

December 31,

 

 

2013

 

 

2012

United States

$

3,427 

 

$

4,837 

Other – primarily Asia

 

1,360 

 

 

1,503 

 

 

 

 

 

 

Consolidated

$

4,787 

 

$

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 nine months ended September 30, 2013 and 2012 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

Net Sales to Geographical Areas

 

September 30, 2013

 

 

September 30, 2012

 

 

September 30, 2013

 

 

September 30, 2012

 

 

 

 

 

 

 

 

 

 

 

 

United States     

$

8,451 

 

$

8,288 

 

$

25,381 

 

$

30,039 

Germany  

 

595 

 

 

364 

 

 

1,123 

 

 

1,351 

China

 

711 

 

 

714 

 

 

2,908 

 

 

2,050 

Switzerland

 

213 

 

 

292 

 

 

1,001 

 

 

837 

Singapore

 

188 

 

 

1,662 

 

 

312 

 

 

2,694 

France

 

488 

 

 

344 

 

 

1,289 

 

 

1,081 

Japan

 

417 

 

 

304 

 

 

1,198 

 

 

962 

United Kingdom

 

268 

 

 

589 

 

 

1,018 

 

 

1,631 

Turkey

 

49 

 

 

 -

 

 

226 

 

 

197 

Hong Kong

 

145 

 

 

146 

 

 

431 

 

 

401 

Vietnam

 

253 

 

 

308 

 

 

887 

 

 

871 

All other countries

 

552 

 

 

817 

 

 

2,161 

 

 

2,010 

Consolidated  

$

12,330 

 

$

13,828 

 

$

37,935 

 

$

44,124 

 

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 nine months ended September 30, 2013,  two customers accounted for a combined 37% of the Company’s consolidated net sales.  For the three months ended September 30, 2012, two customers accounted for a combined 34%  of the Company’s consolidated net sales. For the nine months ended September 30, 2012, one customer accounted for 22% of the Company’s consolidated net sales. 

At September 30, 2013, two customers combined accounted for 28% 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.