Segment Reporting

3 Months Ended

Mar. 31, 2016

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. Our Chief Operating Decision Maker (CODM), our Chief Executive Officer, evaluates segment performance and allocates resources based upon profitable growth and assets deployed. Each of our segments employ consistent accounting policies.

The following table presents information about our reportable segments:

	Three Months Ended
	March 31, 2016			March 28, 2015
Americas Region
Net sales to external customers	$	34,499		$	30,398
Depreciation and amortization		1,750			1,522
Operating income (loss)		956			(2,174	)
Long-lived assets		48,923			48,095
Capital expenditures		580			1,635
Total assets		194,933			217,587
Europe/Africa Region
Net sales to external customers	$	22,427		$	22,209
Depreciation and amortization		956			611
Operating (loss) income		(1,352	)		33
Long-lived assets		27,126			21,791
Capital expenditures		1,259			596
Total assets		137,467			118,559
Asia-Pacific Region
Net sales to external customers	$	18,822		$	17,332
Depreciation and amortization		380			360
Operating income		4,726			3,997
Long-lived assets		2,984			2,909
Capital expenditures		218			205
Total assets		85,854			78,315
Totals
Net sales to external customers	$	75,748		$	69,939
Depreciation and amortization		3,086			2,493
Operating income		4,330			1,856
Long-lived assets		79,033			72,795
Capital expenditures		2,057			2,436
Total assets		418,254			414,461

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.