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Segment Reporting
12 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
Under common operational management, the Company designs, develops, manufactures and markets its navigation, guidance and stabilization and mobile communications products for use in a wide variety of applications. Products are generally sold directly to third-party consumer electronic dealers and retailers, original equipment manufacturers, government contractors or to U.S. and other foreign government agencies. Primarily, sales originating in the Americas consist of sales within the United States and Canada and, to a lesser extent, Mexico and some Latin and South American countries. The Americas’ sales also include all guidance and stabilization product sales throughout the world. Sales originating from the Company’s European and Asian subsidiaries principally consist of sales into all European countries, both inside and outside the European Union, as well as Africa, Asia/Pacific, the Middle East, and India.
The Company operates in two geographic segments, exclusively in the mobile communications, navigation and guidance and stabilization equipment industry, which it considers to be a single business activity. The Company has two primary product categories: mobile communication and guidance and stabilization. Mobile communication sales and services include marine, land mobile, and automotive communication equipment and satellite-based voice, television and Broadband Internet connectivity services; distribution of commercially licensed news, sports, movies, and music content for commercial and leisure customers in the maritime, hotel, and retail markets; and distribution of training films and eLearning
computer-based training courses to commercial customers in the maritime market.
Guidance and stabilization sales and services include sales of defense-related navigation and guidance and stabilization equipment based upon digital compass and FOG sensor technology. Mobile communication and guidance and stabilization sales also include development contract revenue, product repairs and extended warranty sales.
The following table summarizes information regarding the Company’s operations by geographic segment:
 
Sales Originating From
Year ended December 31, 2014
Americas
 
Europe
and Asia
 
Total
Mobile communication sales to the United States
$
85,670

 
$
1,527

 
$
87,197

Mobile communication sales to Canada
539

 
66

 
605

Mobile communication sales to Europe
482

 
21,698

 
22,180

Mobile communication sales to other geographic areas
4,576

 
15,362

 
19,938

Guidance and stabilization sales to the United States
13,807

 

 
13,807

Guidance and stabilization sales to Canada
13,982

 

 
13,982

Guidance and stabilization sales to Europe
4,351

 

 
4,351

Guidance and stabilization sales to other geographic areas
10,531

 

 
10,531

Intercompany sales
5,366

 
3,902

 
9,268

Subtotal
139,304

 
42,555

 
181,859

Eliminations
(5,366
)
 
(3,902
)
 
(9,268
)
Net sales
$
133,938

 
$
38,653

 
$
172,591

Segment net (loss) income
$
(1,390
)
 
$
1,431

 
$
41

Depreciation and amortization
$
4,532

 
$
5,455

 
$
9,987

Total assets
$
127,920

 
$
107,917

 
$
235,837

 
Sales Originating From
Year ended December 31, 2013
Americas
 
Europe
and Asia
 
Total
Mobile communication sales to the United States
$
78,729

 
$
1,099

 
$
79,828

Mobile communication sales to Canada
462

 
39

 
501

Mobile communication sales to Europe
455

 
18,571

 
19,026

Mobile communication sales to other geographic areas
3,596

 
5,200

 
8,796

Guidance and stabilization sales to the United States
7,892

 

 
7,892

Guidance and stabilization sales to Canada
13,810

 

 
13,810

Guidance and stabilization sales to Europe
7,421

 

 
7,421

Guidance and stabilization sales to other geographic areas
25,014

 

 
25,014

Intercompany sales
3,465

 
2,184

 
5,649

Subtotal
140,844

 
27,093

 
167,937

Eliminations
(3,465
)
 
(2,184
)
 
(5,649
)
Net sales
$
137,379

 
$
24,909

 
$
162,288

Segment net income (loss)
$
5,260

 
$
(727
)
 
$
4,533

Depreciation and amortization
$
4,521

 
$
1,473

 
$
5,994

Total assets
$
136,051

 
$
47,798

 
$
183,849



 
Sales Originating From
Year ended December 31, 2012
North
America
 
Europe
 
Total
Mobile communication sales to the United States
$
62,857

 
$

 
$
62,857

Mobile communication sales to Canada
777

 

 
777

Mobile communication sales to Europe
417

 
15,255

 
15,672

Mobile communication sales to other geographic areas
3,936

 
4,443

 
8,379

Guidance and stabilization sales to the United States
8,632

 

 
8,632

Guidance and stabilization sales to Canada
10,736

 

 
10,736

Guidance and stabilization sales to Europe
11,793

 

 
11,793

Guidance and stabilization sales to other geographic areas
18,266

 

 
18,266

Intercompany sales
8,485

 
2,064

 
10,549

Subtotal
125,899

 
21,762

 
147,661

Eliminations
(8,485
)
 
(2,064
)
 
(10,549
)
Net sales
$
117,414

 
$
19,698

 
$
137,112

Segment net income
$
4,316

 
$
(736
)
 
$
3,580

Depreciation and amortization
$
4,116

 
$
494

 
$
4,610

Total assets
$
118,076

 
$
19,492

 
$
137,568