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Segment And Geographic Information
12 Months Ended
Dec. 31, 2011
Segment And Geographic Information [Abstract]  
Segment And Geographic Information

NOTE 12—SEGMENT AND GEOGRAPHIC INFORMATION

The Company reports segment data based on the management approach, which designates the internal reporting that is used by management for making operating and investment decisions and evaluating performance as the source of the Company's reportable segments. The Company uses one measurement of profitability and does not disaggregate its business for internal reporting. The Company has determined that it operates in one segment, providing wireless handsets and accessories to carriers, distributors and OEM customers in Latin America, Asia Pacific, Europe and Africa. The following table summarizes the Company's net sales by geographic area for the years ended December 31, 2011, 2010 and 2009 (in thousands):

 

     2011      2010      2009  

Central America

   $ 11,755       $ 9,935       $ 20,647   

U.S.-based distributors selling to Central America

     5,321         241           

South America

     14,813         61,224         210,663   

Asia Pacific

     908         1,130           

EMEA

     1,090                   

Mexico

     997                   
  

 

 

    

 

 

    

 

 

 

Total

   $ 34,884       $ 72,530       $ 231,310   
  

 

 

    

 

 

    

 

 

 

During the years ended December 31, 2011, 2010, and 2009, sales to customers in Argentina represented 25%, 71% and 87% of the Company's consolidated net revenue. In 2011, sales to U.S.-based distributors who sell into the open market in Central America, sales to customers in Uruguay and sales to customers in Guatemala represented 15%, 14% and 13%, respectively. Sales in no other individual country amounted to 10% or more of the Company's consolidated net revenue in any of the three years.

Fixed assets, which represent approximately 1% of the Company's net assets, are principally located in the Company's offices in the United States or in China at the Company's R&D office or contract manufacturing facilities.