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Segment Information
 9 Months Ended
Sep. 30, 2012
Segment Information [Abstract]  
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 and nine months ended September 30, 2012 and 2011 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, 2012   DSS Printing     DSS Plastics     DSS
Packaging		     DSS Digital     Corporate     Total  
                                     
Revenues from external customers   $ 869,000     $ 774,000     $ 2,188,000     $ 333,000     $ -     $ 4,164,000  
Revenue from other operating segments     133,000       -       12,000       -       -       145,000  
Depreciation and amortization     39,000       47,000       97,000       24,000       1,000       208,000  
Net income (loss)     20,000       49,000       118,000       (91,000 )     (1,193,000 )     (1,097,000 )

 

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  
Revenue from other operating segments     244,000       -       -       -       -       244,000  
Depreciation and amortization     39,000       44,000       90,000       9,000       1,000       183,000  
Net income (loss)     (448,000 )     (33,000 )     120,000       19,000       (415,000 )     (757,000 )

 

Nine months ended September 30, 2012   DSS Printing     DSS Plastics     DSS
Packaging		     DSS Digital     Corporate     Total  
                                     
Revenues from external customers   $ 2,746,000     $ 2,250,000     $ 5,858,000     $ 813,000       -     $ 11,666,000  
Revenue from other operating segments     411,000       -       91,000       -       -       502,000  
Depreciation and amortization     113,000       135,000       291,000       57,000       2,000       598,000  
Net income (loss)     (232,000 )     58,000       152,000       (198,000 )     (2,945,000 )     (3,165,000 )
Identifiable assets     2,018,000       2,003,000       7,540,000       1,043,000       822,000       13,426,000  

 

Nine months ended September 30, 2011   DSS Printing     DSS Plastics     DSS
Packaging		     DSS Digital     Corporate     Total  
                                     
                                                 
Revenues from external customers   $ 2,901,000     $ 2,087,000     $ 3,796,000     $ 393,000     $ -     $ 9,177,000  
Revenue from other operating segments     633,000       -       -       -       -       633,000  
Depreciation and amortization     113,000       142,000       263,000       14,000       2,000       534,000  
Net loss     (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