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SEGMENTS AND GEOGRAPHICAL INFORMATION
 3 Months Ended
Mar. 31, 2012
SEGMENTS AND GEOGRAPHICAL INFORMATION

10. SEGMENTS AND GEOGRAPHICAL INFORMATION

The Company’s chief operating decision maker is its Chief Executive Officer. The Company’s chief operating decision maker evaluates the operating results of the Company’s reportable segments based on revenues and net income.

The Company has four operating and reportable segments: (i) Kopin U.S., which includes the operations in the United States and the Company’s equity method investment, (ii) Kowon, (iii) KTC and (iv) Forth Dimension Displays, LTD (FDD). The following table presents the Company’s reportable segment results for the three month periods ended March 31, 2012 and March 26, 2011 (in thousands):

 

     Kopin U.S.     Kowon     KTC      FDD     Adjustments     Total  

Three Months Ended

              

March 31, 2012

              

Revenues

    $ 24,719      $ 1,489      $ 9,258       $ 529      $ (10,748 )    $ 25,247   

Net income (loss) attributable to the controlling interest

      (2,995 )      (148 )      1,775         (689 )      (152 )      (2,209 ) 

March 26, 2011

              

Revenues

    $ 33,933      $ 2,738      $ 3,626       $ 958     $ (6,321 )    $ 34,934   

Net income (loss) attributable to the controlling interest

      2,437        (345 )      578         (625 )     21        2,066   

The adjustments to reconcile the consolidated financial statement total revenue and net income include the elimination of intercompany sales and noncontrolling interest in income of subsidiaries.

 

During the three month periods ended March 31, 2012 and March 26, 2011, the Company derived its sales from the following geographies (as a percentage of net revenues):

 

     Three Months Ended  
     March 31,
2012		     March 26,
2011		  

Asia-Pacific

      18 %      22 % 

Americas

      80 %      76 % 

Europe

      2 %      2 % 
  

 

 

    

 

 

  

Total Revenues

      100 %      100 % 
  

 

 

    

 

 

  

During the three month periods ended March 31, 2012 and March 26, 2011, revenues by product group consisted of approximately the following:

 

     Three Months Ended  
     March 31,
2012		      March 26,
2011		  

Display

    $ 10,866,000       $ 17,373,000   

III-V

      14,381,000         17,561,000   
  

 

 

     

 

 

  

Total Revenues

    $ 25,247,000       $ 34,934,000