Segment Reporting

3 Months Ended

Mar. 28, 2015

Segment Reporting

NOTE 15 – SEGMENT REPORTING

We have three reportable segments based upon geographic regions: Americas, Europe/Africa and Asia-Pacific. We include costs related to Corporate in the Americas region. We do not incur research and development expenses in the Asia-Pacific region.

We develop, manufacture, market, support and sell CAD-based quality assurance products integrated with CAD-based inspection and statistical process control software, and three-dimensional documentation systems in each of these regions. These activities represent more than 99% of consolidated sales. We evaluate performance and allocate resources based upon profitable growth and assets deployed.

The following table presents information about our reportable segments:

	Three Months Ended
	March 28, 2015			March 29, 2014
Americas Region
Net sales to external customers	$	30,398		$	29,594
Depreciation and amortization		1,522			1,005
Operating loss		(2,174	)		(78	)
Long-lived assets		48,095			24,384
Capital expenditures		1,635			1,129
Total assets		217,587			203,080
Europe/Africa Region
Net sales to external customers	$	22,209		$	23,836
Depreciation and amortization		611			511
Operating income		33			2,114
Long-lived assets		21,791			17,615
Capital expenditures		596			698
Total assets		118,559			118,230
Asia-Pacific Region
Net sales to external customers	$	17,332		$	19,944
Depreciation and amortization		360			331
Operating income		3,997			4,924
Long-lived assets		2,909			2,552
Capital expenditures		205			71
Total assets		78,315			70,953
Totals
Net sales to external customers	$	69,939		$	73,374
Depreciation and amortization		2,493			1,847
Operating income		1,856			6,960
Long-lived assets		72,795			44,551
Capital expenditures		2,436			1,898
Total assets		414,461			392,263

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.