Segment Reporting

3 Months Ended

Mar. 29, 2014

Segment Reporting

NOTE P – SEGMENT REPORTING

The Company has three reportable segments based upon geographic regions: Americas, Europe/Africa and Asia Pacific. The Company does not allocate corporate expenses to the Europe/Africa or Asia Pacific regions. These corporate expenses are included in the Americas region. The Company does not incur Research and Development expenses in its Asia Pacific region.

The Company develops, manufactures, markets, supports and sells Computer-Aided Design (“CAD”)-based quality assurance products integrated with CAD-based inspection and statistical process control software in each of these regions. These activities represent approximately 99% of consolidated sales. The Company evaluates performance and allocates resources based upon profitable growth and assets deployed.

The following table presents information about the Company’s reportable segments:

	Three Months Ended
	March 29, 2014			March 30, 2013
Americas Region
Net sales to external customers	$	29,594		$	26,109
Depreciation and amortization		1,005			1,092
Operating loss		(78	)		(1,008	)
Long-lived assets		24,384			21,499
Capital expenditures		1,129			322
Total assets		203,080			187,404
Europe/Africa Region
Net sales to external customers	$	23,836		$	21,900
Depreciation and amortization		511			468
Operating income		2,114			1,949
Long-lived assets		17,615			16,233
Capital expenditures		698			243
Total assets		118,230			102,517
Asia Pacific Region
Net sales to external customers	$	19,944		$	17,361
Depreciation and amortization		331			273
Operating income		4,924			4,761
Long-lived assets		2,552			2,400
Capital expenditures		71			97
Total assets		70,953			63,337
Totals
Net sales to external customers	$	73,374		$	65,370
Depreciation and amortization		1,847			1,833
Operating income		6,960			5,702
Long-lived assets		44,551			40,132
Capital expenditures		1,898			662
Total assets		392,263			353,258

The geographical sales information presented above represents sales to customers located in each respective region, whereas the long-lived assets information represents assets held in the respective regions. There were no customers that individually accounted for 10% or more of total revenue in any of the periods presented above.