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Segment, Geographic Location and Customer Information
9 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
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, 2014 and 2013 are summarized as follows.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

December 31,
2014

 

 

December 31,
2013

 

 

December 31,
2014

 

 

December 31,
2013

 

Customer A

 

 

16

%

 

 

14

%

 

 

18

%

 

 

16

%

Customer B

 

 

*

 

 

 

*

 

 

 

16

 

 

 

*

 

Customer C

 

 

20

 

 

 

39

 

 

 

15

 

 

 

32

 

Customer D

 

 

14

 

 

 

12

 

 

 

12

 

 

 

16

 

Customer E

 

 

11

 

 

 

*

 

 

 

*

 

 

 

*

 

 

*

Represents less than 10% of net sales.

As of December 31, 2014, 27%, 20% and 14% of net accounts receivable were derived from three major customers, respectively. As of December 31, 2013, 23%, 19% and 18% 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, 2014 and December 31, 2013:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

Location

 

December 31,
2014

 

 

December 31,
2013

 

 

December 31,
2014

 

 

December 31,
2013

 

United States

 

$

14,105

 

 

$

17,163

 

 

$

32,933

 

 

$

39,352

 

Germany

 

 

2,057

 

 

 

956

 

 

 

8,457

 

 

 

1,282

 

Italy

 

 

1,652

 

 

 

2,128

 

 

 

3,935

 

 

 

6,987

 

England

 

 

957

 

 

 

654

 

 

 

2,060

 

 

 

2,643

 

Other European countries

 

 

1,823

 

 

 

834

 

 

 

4,600

 

 

 

1,850

 

Pacific and Far East

 

 

1,355

 

 

 

468

 

 

 

3,995

 

 

 

1,615

 

Other international

 

 

1,290

 

 

 

425

 

 

 

2,849

 

 

 

3,931

 

Total

 

$

23,239

 

 

$

22,628

 

 

$

58,829

 

 

$

57,660