Segment Reporting

9 Months Ended

Sep. 26, 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:

	As of and For the Three Months Ended					As of and For the Nine Months Ended
	September 26, 2015			September 27, 2014		September 26, 2015			September 27, 2014
Americas Region
Net sales to external customers	$	33,666		$	35,112	$	103,024		$	97,623
Depreciation and amortization		1,726			988		4,865			3,003
Operating income (loss)		628			1,966		(429	)		3,340
Long-lived assets		48,672			31,228		48,672			31,228
Capital expenditures		1,377			4,651		5,412			7,778
Total assets		222,787			214,101		222,787			214,101
Europe/Africa Region
Net sales to external customers	$	22,460		$	26,046	$	71,170		$	78,813
Depreciation and amortization		756			490		2,161			1,528
Operating (loss) income		(5,065	)		864		(5,432	)		5,029
Long-lived assets		25,232			16,482		25,232			16,482
Capital expenditures		817			834		2,489			1,947
Total assets		126,338			117,824		126,338			117,824
Asia-Pacific Region
Net sales to external customers	$	16,381		$	21,081	$	52,027		$	61,237
Depreciation and amortization		308			327		996			989
Operating income		3,515			6,163		12,219			15,993
Long-lived assets		2,603			2,472		2,603			2,472
Capital expenditures		195			266		561			581
Total assets		73,931			77,802		73,931			77,802
Totals
Net sales to external customers	$	72,507		$	82,239	$	226,221		$	237,673
Depreciation and amortization		2,790			1,805		8,022			5,520
Operating (loss) income		(922	)		8,993		6,358			24,362
Long-lived assets		76,507			50,182		76,507			50,182
Capital expenditures		2,389			5,751		8,462			10,306
Total assets		423,056			409,727		423,056			409,727

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.