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Segment, Geographic Location and Customer Information
3 Months Ended
Jun. 30, 2014
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.

 

During the three month period ended June 30, 2014, 29% and 17% of net sales were made to two major customers, respectively. During the three month period ended June 30, 2013, 33%, 18% and 14% of net sales were made to three major customers, respectively.

As of June 30, 2014, 27% and 16% of net accounts receivable were derived from two major customers, respectively. As of June 30, 2013, 19%, 10% and 10% of net accounts receivable were derived from three major customers, respectively.

Net sales below show the geographic location of customers for the three month periods ended:

 

 

 

 

 

 

 

 

 

 

Location

 

June 30,
2014

 

 

June 30,
2013

 

United States

 

$

8,551

 

 

$

12,393

 

Germany

 

 

4,387

 

 

 

326

 

Italy

 

 

669

 

 

 

2,653

 

England

 

 

629

 

 

 

324

 

Other European countries

 

 

1,375

 

 

 

566

 

Pacific and Far East

 

 

1,802

 

 

 

591

 

Other International

 

 

506

 

 

 

2,715

 

Total

 

$

17,919

 

 

$

19,568