XML 28 R14.htm IDEA: XBRL DOCUMENT v3.10.0.1
Geographic Information
6 Months Ended
Jun. 30, 2018
Segment Reporting, Geographic Information [Abstract]  
Geographic Information

7.    Geographic Information



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





 

 

 

 

 



 

 

 

 

 



 

June 30,

 

 

December 31,



 

2018

 

 

2017

United States

$

7,513 

 

$

5,407 

Singapore

 

1,143 

 

 

1,254 

Other – primarily United Kingdom and Indonesia

 

497 

 

 

514 

Consolidated

$

9,153 

 

$

7,175 







Long-lived assets consist of property and equipment. 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 ensure 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, 2018 and 2017  were as follows:









 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 



 

Three Months Ended

 

 

Six Months Ended



 

June 30, 2018

 

 

June 30, 2017 (as adjusted)

 

 

June 30, 2018

 

 

June 30, 2017 (as adjusted)

United States

$

25,255 

 

$

18,239 

 

$

45,714 

 

$

34,889 

Europe

 

1,884 

 

 

2,307 

 

 

4,162 

 

 

4,785 

Asia

 

2,699 

 

 

1,891 

 

 

5,167 

 

 

3,801 

All other countries

 

322 

 

 

87 

 

 

480 

 

 

264 

Consolidated  

$

30,160 

 

$

22,524 

 

$

55,523 

 

$

43,739 



Geographic net sales are allocated based on the location of the customer.

For the three and six months ended June 30, 2018, one customer accounted for 57% and 56%, respectively, of the Company’s consolidated net sales.  For the three and six months ended June 30, 2017, one customer accounted for 49% and 47%, respectively, of the Company’s consolidated net sales.

At June 30, 2018,  two customers combined accounted for 35% of the Company’s consolidated accounts receivable. At December 31, 2017, two customers combined accounted for 32% of the Company’s consolidated accounts receivable.

At June  30, 2018, one customer accounted for 77% of the Company’s consolidated contract assets. At December 31, 2017, one customer accounted for 62% of the Company’s consolidated contract assets.