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SEGMENT REPORTING - Note 10
 3 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
SEGMENT REPORTING - Note 10

10. SEGMENT REPORTING

ASC 280, Segment Reporting, establishes annual and interim reporting standards for an enterprise's business segments and related disclosures about its products, services, geographic areas and major customers. Under ASC 280, the method for determining what information to report is based upon the way management organizes the operating segments within the Company for making operating decisions and assessing financial performance.

As of June 30, 2015, the Company has reclassified the presentation of the information regarding its reportable segments to reflect a change from one reportable segment in prior periods to two reportable segments, due to changes in reporting structure as a result of a business acquisition that occurred in the first fiscal quarter of 2016. The Company manages its operations primarily on a geographic basis. The Company's chief operating decision makers (CODMs) are the Chief Executive Officer, the Chief Financial Officer, and the Chief Technology Officer, who evaluate performance of the Company and make decisions regarding allocation of resources based on geographic results.   The Company's reportable operating segments are the Americas and Europe. The Americas segment is primarily North America. The Europe segment is primarily the United Kingdom. Each operating segment provides similar products and services.

The Company's CODMs evaluate the performance of its operating segments based on revenues and net income. Revenues are attributed to each segment based on the ordering location of the customer or ship to location. The Company allocates corporate overhead costs such as research and development, sales and marketing, general and administrative, amortization expense, stock-based compensation expense, and commitment and contingencies to the US segment. The Company did not allocate goodwill for each segment as the Company had not completed its analysis of assigning goodwill to its reporting units as of July 31, 2015.

The Company's revenue distribution by geographic region (based upon the destination of shipments and the customer's service address) was as follows:

      Three Months Ended
      June 30,
      2015     2014
Americas (principally US)     88%     91%
Europe     9%     8%
Asia-Pacific     3%     1%
      100%     100%

 

Geographic area data is based upon the location of the property and equipment and is as follows (in thousands):

        June 30,     March 31,
      2015     2015
Americas (principally US)   $ 8,280    $ 8,348 
Europe     2,931      1,411 
Asia-Pacific     503      489 
     Total   $ 11,714    $ 10,248 

 

The following table provides financial information by operating segment for the three month period ending June 30, 2015 and 2014 (in thousands):

      Three Months Ended
      June 30,
      2015     2014
Americas (principally US):            
     Net Revenues   $ 43,588    $ 35,128 
     Net Income (loss)   $ 251    $ 803 
Europe:            
     Net Revenues   $ 4,304    $ 2,785 
     Net Income (loss)   $ (723)   $ (795)