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Segment Information
9 Months Ended
Sep. 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 of 2011, the Company acquired ExtraDev 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.  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 nine months ended September 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 September 30, 2011
  
DSS Printing
    
DSS Plastics
    
DSS Packaging
    
DSS Digital
    
Corporate
     Total  
                                     
Revenues from external customers
   $ 986,000     $ 757,000       1,576,000       297,000     $ -     $ 3,616,000  
Depreciation and amortization
     39,000       44,000       90,000       9,000       1,000       183,000  
Net (loss) income
     (448,000 )     (33,000 )     120,000       19,000       (415,000 )     (757,000 )
                                                 
                                                 
Three months ended September 30, 2010
                                                
                                                 
Revenues from external customers
   $ 1,205,000     $ 564,000       1,382,000       -     $ -     $ 3,151,000  
Depreciation and amortization
     146,000       75,000       86,000       -       1,000       308,000  
Net loss
     (553,000 )     (104,000 )     (27,000 )     -       (199,000 )     (883,000 )
                                                 
                                                 
Nine months ended September 30, 2011
                                                
                                                 
Revenues from external customers
   $ 2,901,000     $ 2,087,000       3,796,000       393,000     $ -     $ 9,177,000  
Depreciation and amortization
     113,000       142,000       263,000       14,000       2,000       534,000  
Net (loss) income
     (1,312,000 )     (12,000 )     (51,000 )     (4,000 )     (888,000 )     (2,267,000 )
                                                 
Identifiable assets
     2,237,000       2,233,000       7,609,000       713,000       1,017,000       13,809,000  
                                                 
                                                 
Nine months ended September 30, 2010 (As Restated)                                                
                                                 
Revenues from external customers
   $ 3,977,000     $ 1,822,000       3,452,000       -     $ -     $ 9,251,000  
Depreciation and amortization
     512,000       224,000       212,000       -       2,000       950,000  
Net (loss) income
     (1,679,000 )     (262,000 )     (102,000 )     -       184,000       (1,859,000 )
                                                 
                                                 
Identifiable assets at December 31, 2010
     2,294,000       2,063,000       6,465,000       -       4,126,000       14,948,000