XML 27 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information
 3 Months Ended
Mar. 31, 2012
Segment Information

8.     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, and 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 months ended March 31, 2012 and 2011 is as follows. Information for the three months ended March 31, 2011 has been restated in accordance with the Company’s realigned internal structure.  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 March 31, 2012   DSS Printing     DSS Plastics     DSS
Packaging		     DSS Digital     Corporate     Total  
                                     
Revenues from external customers   $ 818,000       680,000       2,095,000       250,000       -     $ 3,843,000  
Revenue from other operating segments     143,000       -       -       -       -       143,000  
Depreciation and amortization     22,000       44,000       97,000       14,000       16,000       193,000  
Net income (loss)     (164,000 )     (31,000 )     67,000       (33,000 )     (913,000 )     (1,074,000 )
Identifiable assets     2,052,000       2,033,000       6,783,000       841,000       3,102,000       14,811,000  

 

Three months ended March 31, 2011   DSS Printing     DSS Plastics     DSS
Packaging		     DSS Digital     Corporate     Total  
                                     
Revenues from external customers   $ 956,000       693,000     $ 1,036,000     $ -     $ -     $ 2,685,000  
Revenue from other operating segments     246,000       -       -       -       -       246,000  
Depreciation and amortization     40,000       54,000       86,000       -       1,000       181,000  
Net income (loss)     (288,000 )     27,000       (72,000 )     -       (65,000 )     (398,000 )
Identifiable assets     2,388,000       2,021,000       6,091,000       -       2,784,000       13,284,000