v2.4.0.8
Segment and Geographic Information
 36 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Segment and Geographic Information

NOTE 11—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, Africa and the United States. The following table summarizes the Company’s net sales by geographic area for the years ended December 31, 2013, 2012 and 2011 (in thousands):

 

     2013      2012      2011  

Central America

    $ 17,296       $ 11,767       $ 11,755   

U.S.-based distributors selling to Latin America

      6,422         6,295         5,321   

South America

      9,048         8,633         14,813   

Asia Pacific

      209         430         908   

EMEA

      961         4,799         1,090   

Mexico

      2,908         1,960         997   

United States

      1,051         410         —   
  

 

 

     

 

 

     

 

 

  

Total

    $ 37,895       $ 34,294       $ 34,884   
  

 

 

     

 

 

     

 

 

  

During the year ended December 31, 2013, sales to customers in Peru, Guatemala and Puerto Rico represented 20%, 15% and 13% of the Company’s consolidated net revenue, respectively. In addition, sales to a U.S.-based distributor who sells into the open market in Central America represented 14% in 2013. In 2012, sales to a U.S.-based distributor who sells into the open market in Central America and sales to a carrier customer in Peru represented 16% and 11%, respectively. In 2011, sales to customers in Argentina represented 25%. 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.