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13. SEGMENT INFORMATION
 12 Months Ended
May 31, 2014
Segment Information  
Segment Information

13. SEGMENT INFORMATION:

 

    As the Company’s business is completely focused on one industry segment, the designing, manufacturing and marketing of advanced test and burn-in products to the semiconductor manufacturing industry, management believes that the Company has only one reportable segment.  The Company’s net sales and profits are generated through the sale and service of products for this one segment.

 
 

    The following presents information about the Company’s operations in different geographic areas.  Net sales are based upon ship-to location (in thousands).

 

    United                    
    States     Asia     Europe     Total  
2014:                        
  Net sales   $ 8,708     $ 7,453     $ 3,523     $ 19,684  
  Property and equipment, net     415       42       17       474  
                                 
2013:                                
  Net sales   $ 7,379     $ 8,184     $ 925     $ 16,488  
  Property and equipment, net     249       52       --       301  
                                 
2012:                                
  Net sales   $ 9,560     $ 4,276     $ 1,685     $ 15,521  
  Property and equipment, net     441       66       3       510  

 

    The Company’s foreign operations are primarily those of its Japanese and German subsidiaries.  Substantially all of the sales of the subsidiaries are made to unaffiliated Japanese or European customers.  Net sales exclude intercompany transactions.