Segment, Geographic Location and Customer Information

9 Months Ended

Dec. 31, 2013

Segment, Geographic Location and Customer Information

nOTE   15. Segment, Geographic Location and Customer Information

Our products and related services aggregate into one reportable segment—sophisticated mission equipment for specialty aerospace and defense applications. The nature of the production process (assemble, inspect, and test) is similar for all products, as are the customers and distribution methods.

Net sales of 10% or more of total revenues derived from customers for the three and nine month periods ended December 31, 2013 and 2012 are summarized as follows:

	Three Months Ended						Nine Months Ended
	December 31, 2013			December 31, 2012			December 31, 2013			December 31, 2012
Customer A		39	%		43	%		32	%		25	%
Customer B		14			18			16			21
Customer C		12			*			16			13

*Represents less than 10% of net sales.

As of December 31, 2013, 23%, 19%  and 18% of net accounts receivable were derived from three major customers, respectively. As of March 31, 2013, 17%, 14% and 11% of net accounts receivable were derived from three major customers, respectively.

Net sales below show the geographic location of customers for the three and nine month periods ended December 31, 2013 and December 31, 2012:

	Three Months Ended					Nine Months Ended
Location	December 31, 2013			December 31, 2012		December 31, 2013		December 31, 2012
United States	$	17,163		$	14,730	$	39,352	$	37,792
England		654			1,230		2,643		3,798
Italy		2,128			966		6,987		4,594
Other European countries		1,790			1,117		3,132		3,037
Pacific and Far East		468			603		1,615		2,161
Other international		425			1,524		3,931		6,622
Total	$	22,628	,	$	20,170	$	57,660	$	58,004