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Segment Information
6 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information

The following tables present certain operating segment information for the three months ended March 31, 2018 and March 31, 2017.
 
 
 
 
Technology Solutions Segment
 
 
For the three months ended March 31,
 
High Performance Products Segment
 
Germany
 
United
Kingdom
 
U.S.
 
Total
 
Consolidated
Total
 
 
(Amounts in thousands)
2018
 
 
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
1,480

 
$
1,135

 
$
756

 
$
11,813

 
$
13,704

 
$
15,184

Service
 
315

 
4,243

 
115

 
2,125

 
6,483

 
6,798

Total sales
 
1,795

 
5,378

 
871

 
13,938

 
20,187

 
21,982

Income (loss) from operations
 
(1,057
)
 
140

 
(233
)
 
427

 
334

 
(723
)
Assets
 
15,036

 
21,172

 
2,792

 
16,338

 
40,302

 
55,338

Capital expenditures
 
36

 
64

 

 
96

 
160

 
196

Depreciation and amortization
 
57

 
35

 
1

 
69

 
105

 
162

 
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
1,993

 
$
2,319

 
$
2,162

 
$
12,210

 
$
16,691

 
$
18,684

Service
 
1,427

 
4,069

 
209

 
927

 
5,205

 
6,632

Total sales
 
3,420

 
6,388

 
2,371

 
13,137

 
21,896

 
25,316

Income (loss) from operations
 
368

 
261

 
(35
)
 
28

 
254

 
622

Assets
 
16,667

 
17,513

 
2,864

 
16,153

 
36,530

 
53,197

Capital expenditures
 
41

 
43

 

 
22

 
65

 
106

Depreciation and amortization
 
55

 
53

 
2

 
62

 
117

 
172

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Technology Solutions Segment
 
 
For the six months ended March 31,
 
High Performance Products Segment
 
Germany
 
United
Kingdom
 
U.S.
 
Total
 
Consolidated
Total
 
 
(Amounts in thousands)
2018
 
 
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
3,087

 
$
3,109

 
$
3,298

 
$
21,333

 
$
27,740

 
$
30,827

Service
 
1,178

 
7,638

 
280

 
4,058

 
11,976

 
13,154

Total sales
 
4,265

 
10,747

 
3,578

 
25,391

 
39,716

 
43,981

Income (loss) from operations
 
(1,440
)
 
(17
)
 
(91
)
 
832

 
724

 
(716
)
Assets
 
15,036

 
21,172

 
2,792

 
16,338

 
40,302

 
55,338

Capital expenditures
 
46

 
129

 

 
130

 
259

 
305

Depreciation and amortization
 
113

 
82

 
2

 
136

 
220

 
333

 
 
 
 
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
3,520

 
$
4,399

 
$
2,863

 
$
22,540

 
$
29,802

 
$
33,322

Service
 
2,651

 
7,128

 
313

 
1,818

 
9,259

 
11,910

Total sales
 
6,171

 
11,527

 
3,176

 
24,358

 
39,061

 
45,232

Income (loss) from operations
 
414

 
158

 
(241
)
 
189

 
106

 
520

Assets
 
16,667

 
17,513

 
2,864

 
16,153

 
36,530

 
53,197

Capital expenditures
 
58

 
87

 

 
33

 
120

 
178

Depreciation and amortization
 
110

 
91

 
5

 
123

 
219

 
329


Income (loss) from operations consists of sales less cost of sales, engineering and development expenses, and selling, general and administrative expenses but is not affected by either other income/expense or by income taxes expense/benefit. Non-operating charges/income consists principally of investment income and interest expense.  All intercompany transactions have been eliminated.
    
The following table lists customers from which the Company derived revenues in excess of 10% of total revenues for the three and six months ended March 31, 2018, and 2017.
 
 
For the three months ended March 31,
 
For the six months ended March 31,
 
 
2018
 
2017
 
2018
 
2017
 
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
 
 
(dollars in millions)
Customer A
 
$
2.7

 
12
%
 
$
3.7

 
15
%
 
$
3.9

 
9
%
 
$
6.6

 
14
%
Customer B
 
$
2.9

 
13
%
 
$
3.8

 
15
%
 
$
5.4

 
12
%
 
$
6.0

 
13
%


In addition, accounts receivable from Customer A totaled approximately $2.7 million, or 12%, and approximately $2.4 million, or 9%, of total consolidated accounts receivable as of March 31, 2018 and September 30, 2017, respectively. Accounts receivable from Customer B totaled approximately $6.6 million, or 29%, and approximately $3.9 million, or 14%, of total consolidated accounts receivable as of March 31, 2018 and September 30, 2017, respectively.

One additional customer, C, accounted for accounts receivable of 10% or more, but did not account for revenue of 10% or more. Accounts receivable from customer C totaled approximately $2.7 million, or 12%, of consolidated accounts receivable as of March 31, 2018. We believe that the Company is not exposed to any significant credit risk with respect to the accounts receivable with these customers as of March 31, 2018. No other customers accounted for 10% or more of total consolidated accounts receivable as of March 31, 2018.