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SEGMENT AND GEOGRAPHICAL INFORMATION
12 Months Ended
Dec. 31, 2011
SEGMENT AND GEOGRAPHICAL INFORMATION [Abstract]  
SEGMENT AND GEOGRAPHICAL INFORMATION

NOTE 16 - SEGMENT AND GEOGRAPHICAL INFORMATION

 

The Company operates in three reportable segments: (a) corporate (b) airport security and other aviation services and (c) technology. The corporate segment does not generate revenue and contains primarily non-operational expenses. The airport security and other aviation services segment provides security and other aviation services to airlines and airport authorities, predominantly in Europe and the United States. The technology segment is predominantly involved in the development and sale of identity security software to financial institutions and airport authorities, predominantly in Europe and Israel. All inter-segment transactions are eliminated in consolidation. The accounting policies of the segments are the same as the accounting policies of the Company as a whole.

 

The operating results of these reportable segments are regularly reviewed by the chief operating decision maker and the performance of the reportable segments is based primarily on loss from continuing operations.

 

        Airport        
        Security        
        and Other        
        Aviation        
    Corporate   Services   Technology   Total
Year ended December 31, 2011:                                
 Revenue   $ -     $ 105,436     $ 495     $ 105,931  
 Depreciation and amortization     7       585       41       633  
 Loss from continuing                                
 operations     (527 )     (3,410 )     (3,998 )     (7,935 )
 Total assets     491       22,830       561       23,882  
                                 
Year ended December 31, 2010:                                
 Revenue     -       97,819       607       98,426  
 Depreciation and amortization     11       675       34       720  
Loss from continuing                                
 operations     (3,735 )     (34 )     (4,275 )     (8,044 )
 Total assets     663       22,822       499       23,984  
                                 
Year ended December 31, 2009:                                
 Revenue     -       95,146       715       95,861  
 Depreciation and amortization     11       681       23       715  
 Income (loss) from continuing                                
 operations     (3,729 )     2,777       (2,211 )     (3,163 )

 

Revenue by country is summarized as follows:

 

  Year Ended December 31,
  2011   2010   2009
           
United States $ 35,770     $ 35,667     $ 36,794  
Netherlands   47,516       42,242       42,344  
Other   22,645       20,517       16,723  
Total $ 105,931     $ 98,426     $ 95,861  

 

Property and equipment, net of accumulated depreciation and amortization, by country is summarized as follows:

 

  December 31,
  2011   2010
       
United States $ 550     $ 606  
Netherlands   829       638  
Other   344       298  
Total $ 1,723     $ 1,542