XML 20 R14.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Segment Information
 6 Months Ended
Jun. 30, 2011
Segment Information
9.     Segment Information
 
The Company's businesses are organized, managed and internally reported as four operating segments.   In the second quarter 2011, the Company acquired ExtraDev  Inc. for its DSS Digital Group and the Company launched a new corporate identity and logo, along with a new website that grouped the Company under four distinct divisions.  In conjunction with this, the Company determined that an expansion of its segment reporting to align with the new internal structure was appropriate.  We have reclassified certain prior period segment information amounts to conform to the current period presentation of segment information.  A summary of the four reportable segments follows:
 
DSS Printing
Licenses security printing technologies and manufactures and sells secure documents such as vital records, transcripts, safety paper, secure coupons, voter ballots, event tickets, among others.   In addition, sells general commercial printing services utilizing digital and offset printing capabilities. 
   
DSS Plastics
Manufactures and sells secure and non-secure plastic printed products such as ID cards, event badges and passes, and loyalty and gift cards, among others.    Plastic cards include RFID chips, magnetic strips with variable data, high quality graphics with overt and covert security features.
   
DSS Packaging
Manufactures and sells secure and non-secure custom paperboard packaging serving clients in the pharmaceutical, beverage, photo packaging, toy, specialty foods and direct marketing industries, among others.
   
DSS Digital
Develops, installs, hosts and services IT services including remote server and application hosting, cloud computing, secure document systems, back-up and disaster recovery services and customer program development services.
 
 
Approximate information concerning the Company’s operations by reportable segment for the three and six months ended June 30, 2011 and 2010 is as follows.  The Company relies on intersegment cooperation and management does not represent that these segments, if operated independently, would report the results contained herein:

Three months ended June 30, 2011
  
DSS Printing
    
DSS Plastics
    
DSS Packaging
    
DSS Digital
    
Corporate
    
Total
  
                                     
Revenues from external customers
   $ 960,000     $ 637,000       1,183,000       96,000     $ -     $ 2,876,000  
Depreciation and amortization
     35,000       44,000       86,000       5,000       1,000       171,000  
Net loss
     (576,000 )     (6,000 )     (99,000 )     (23,000 )     (408,000 )     (1,112,000 )
                                                 
Three months ended June 30, 2010
                                                
Revenues from external customers
   $ 1,339,000     $ 656,000       1,330,000       -     $ -     $ 3,325,000  
Depreciation and amortization
     135,000       75,000       99,000       -       1,000       310,000  
Net loss
     (529,000 )     (33,000 )     (92,000 )     -       (343,000 )     (997,000 )
                                                 
Six months ended June 30, 2011
                                                
Revenues from external customers
   $ 1,915,000     $ 1,330,000       2,220,000       96,000     $ -     $ 5,561,000  
Depreciation and amortization
     74,000       99,000       173,000       5,000       1,000       352,000  
Net (loss) profit
     (864,000 )     21,000       (171,000 )     (23,000 )     (473,000 )     (1,510,000 )
Identifiable assets
     2,125,000       2,122,000       4,625,000       761,000       1,350,000       10,983,000  
                                                 
Six months ended June 30, 2010
                                                
Revenues from external customers
   $ 2,771,000     $ 1,258,000       2,071,000       -     $ -     $ 6,100,000  
Depreciation and amortization
     365,000       150,000       126,000       -       1,000       642,000  
Net loss
     (1,126,000 )     (158,000 )     (75,000 )     -       (758,000 )     (2,117,000 )
                                                 
Identifiable assets at December 31, 2010
     2,294,000       2,063,000       5,324,000       -       4,126,000       13,807,000