XML 29 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
SEGMENTS AND GEOGRAPHICAL INFORMATION
 3 Months Ended
Apr. 01, 2017
Segment Reporting [Abstract]  
SEGMENTS AND GEOGRAPHICAL INFORMATION
SEGMENTS AND GEOGRAPHICAL INFORMATION
The Company’s chief operating decision maker is its Chief Executive Officer. The Company has determined it has two reportable segments, Industrial, which includes the operations that develop and manufactur its reflective display products for test and simulation products, and Kopin, which includes the operations that develop and manufacture its other products. The following table presents the Company’s reportable segment results (in thousands):
 
Three Months Ended
 
April 01, 2017
 
Kopin
 
Industrial
 
Total
 
 
 
 
 
 
Revenues
$
2,959

 
$
1,419

 
$
4,378

Net loss attributable to the controlling interest
(7,911
)
 
53

 
(7,858
)
Total assets
76,612

 
7,441

 
84,053

Long-lived assets
2,968

 
32

 
3,000

 
Three Months Ended
 
March 26, 2016
 
Kopin
 
Industrial
 
Total
 
 
 
 
 
 
Revenues
$
5,148

 
$
971

 
$
6,119

Net loss attributable to the controlling interest
(6,571
)
 
(346
)
 
(6,917
)
Total assets
99,811

 
1,512

 
101,323

Long-lived assets
2,695

 
18

 
2,713

Property and Plant held for sale
861

 
—

 
861


The total assets of Kopin are net of $6.3 million and $5.2 million in intercompany loans to Industrial as of April 1, 2017 and March 26, 2016, respectively.
Previously the Company had two segments consisting of Kopin and FDD. The acquired company is included in the segment formerly known as FDD and the segment has been renamed to Industrial.
During the three month periods ended April 1, 2017 and March 26, 2016, the Company derived its sales from the following geographies (as a percentage of net revenues):
 
Three Months Ended
 
April 1, 2017
 
March 26, 2016
United States
49
%
 
29
%
Others
—
%
 
—
%
        Americas
49
%
 
29
%
Asia-Pacific
28
%
 
51
%
Europe
23
%
 
20
%
       Total Revenues
100
%
 
100
%