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Geographic Information
9 Months Ended
Sep. 30, 2014
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,

 

 

2014

 

 

2013

United States

$

3,201 

 

$

3,402 

Other – primarily Asia

 

1,020 

 

 

1,337 

Consolidated

$

4,221 

 

$

4,739 

 

 

 

Long-lived assets consist of property and equipment 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, 2014 and 2013 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

September 30, 2014

 

 

September 30, 2013

 

 

September 30, 2014

 

 

September 30, 2013

United States

$

12,413 

 

$

8,451 

 

$

38,253 

 

$

25,381 

Germany

 

423 

 

 

595 

 

 

1,486 

 

 

1,123 

Japan

 

411 

 

 

417 

 

 

1,017 

 

 

1,198 

China

 

824 

 

 

711 

 

 

2,170 

 

 

2,908 

Singapore

 

929 

 

 

188 

 

 

1,871 

 

 

312 

Switzerland

 

305 

 

 

213 

 

 

912 

 

 

1,001 

Vietnam

 

357 

 

 

253 

 

 

1,158 

 

 

887 

UK

 

175 

 

 

268 

 

 

938 

 

 

1,018 

Hong Kong

 

46 

 

 

145 

 

 

570 

 

 

431 

Turkey

 

180 

 

 

49 

 

 

503 

 

 

226 

France

 

471 

 

 

488 

 

 

1,396 

 

 

1,289 

All other countries

 

471 

 

 

552 

 

 

1,548 

 

 

2,161 

Consolidated  

$

17,005 

 

$

12,330 

 

$

51,822 

 

$

37,935 

 

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 nine months ended September 30, 2014,  one customer accounted for 36% and 38% of the Company’s consolidated net sales.  For the three and nine months ended September 30, 2013, two customers accounted for a combined 51% and 37% of the Company’s consolidated net sales.

At September 30, 2014, two customers combined accounted for 31% of the Company’s consolidated accounts receivable. At December 31, 2013, two customers accounted for a combined 34% of the Company’s consolidated accounts receivable.