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SEGMENT INFORMATION
12 Months Ended
Oct. 31, 2015
Segment Reporting [Abstract]  
SEGMENT INFORMATION
16.
SEGMENT INFORMATION
 
We operate in a single segment: industrial automation equipment. We design and produce interactive computer control systems and software, computerized machine tools, and machine tool components and accessories for sale through our own distribution network to the worldwide metal working market. We also provide software options, control upgrades, accessories and replacement parts for our products, as well as customer service and training support.
 
We sell our products through more than 170 independent agents and distributors throughout North America, Europe and Asia. Our line is the primary line for the majority of our distributors globally even though some may carry competitive products. We also have our own direct sales and service organizations in China, France, Germany, India, Italy, Poland, Singapore, South Africa, Taiwan, the United Kingdom, and certain areas of the United States, which are among the world's principal machine tool consuming countries. During fiscal 2015, no distributor accounted for more than 5% of our sales and service fees. In fiscal 2015, approximately 68% of our revenues were from overseas customers and no single end-user of our products accounted for more than 5% of our total sales and service fees.
 
The following table sets forth the contribution of each of our product groups to our total sales and service fees during each of the past three fiscal years (in thousands):
 
Net Sales and Service Fees by Product Category
 
 
 
Year ended October 31,
 
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
Computerized Machine Tools *
 
$
189,712
 
$
193,937
 
$
166,896
 
Computer Control Systems and Software
 
 
3,085
 
 
3,407
 
 
3,066
 
Service Parts
 
 
19,375
 
 
17,391
 
 
16,474
 
Service Fees
 
 
7,211
 
 
7,568
 
 
6,368
 
Total
 
$
219,383
 
$
222,303
 
$
192,804
 
 
* Amounts shown include sales of Milltronics and Takumi computerized machine tools and LCM electro-mechanical components to third parties since the respective dates of acquisitions.
Amounts shown do not include computer control systems and software sold as an integrated component of computerized machine systems.
 
The following table sets forth revenues by geographic area, based on customer location, for each of the past three fiscal years (in thousands):
 
Revenues by Geographic Area
 
 
 
Year Ended October 31,
 
 
 
2015
 
2014
 
2013
 
 
 
 
 
 
 
 
 
 
 
 
North America
 
$
70,604
 
$
62,247
 
$
60,660
 
 
 
 
 
 
 
 
 
 
 
 
Germany
 
 
43,727
 
 
51,581
 
 
43,597
 
United Kingdom
 
 
28,384
 
 
32,557
 
 
27,343
 
Italy
 
 
11,768
 
 
13,456
 
 
8,738
 
France
 
 
13,162
 
 
9,972
 
 
10,918
 
Other Europe
 
 
26,598
 
 
24,728
 
 
22,738
 
Total Europe
 
 
123,639
 
 
132,294
 
 
113,334
 
 
 
 
 
 
 
 
 
 
 
 
Asia Pacific
 
 
20,265
 
 
23,766
 
 
17,401
 
Other Foreign
 
 
4,875
 
 
3,996
 
 
1,409
 
Total Foreign
 
 
148,779
 
 
160,056
 
 
132,144
 
 
 
$
219,383
 
$
222,303
 
$
192,804
 
 
Long-lived tangible assets, net by geographic area, were (in thousands):
 
 
 
As of October 31,
 
 
 
2015
 
2014
 
United States
 
$
8,658
 
$
6,815
 
Foreign countries
 
 
5,893
 
 
6,017
 
 
 
$
14,551
 
$
12,832
 
 
Net assets by geographic area were (in thousands):
 
 
 
As of October 31,
 
 
 
2015
 
2014
 
North America
 
$
83,236
 
$
79,121
 
Europe
 
 
59,468
 
 
61,186
 
Asia Pacific
 
 
31,864
 
 
24,338
 
 
 
$
174,568
 
$
164,645