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SEGMENT AND GEOGRAPHICAL INFORMATION
12 Months Ended
Dec. 31, 2012
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, 2012:                              
 Revenue $ -       $ 102,549     $ 401     $ 102,950  
 Depreciation and amortization   3       676       55       734  
 Loss from continuing  operations   (3,268 )     (1,448 )     (3,304 )     (8,020 )
Total assets from continuing                              
  operations   411       21,710       438       22,559  
                               
Year ended December 31, 2011:                              
 Revenue $ -       $ 99,832     $ 495     $ 100,327  
 Depreciation and amortization   7       572       41       620  
 Loss from continuing  operations   (527 )     (410 )     (3,998 )     (4,935 )
Total assets from continuing                              
  operations   491       21,424       561       22,476  
                               
Year ended December 31, 2010:                              
 Revenue   -         91,748       607       92,355  
 Depreciation and amortization   11       668       34       713  
 Income (loss) from continuing                              
 operations   (3,735 )     1,395       (4,275 )     (6,615 )

 

Revenue by country is summarized as follows:

 

    Year Ended December 31,
    2012   2011   2010
             
United States   $ 36,866     $ 35,770     $ 35,667  
Netherlands     48,284       47,516       42,242  
Other     17,800       17,041       14,446  
Total   $ 102,950     $ 100,327     $ 92,355  

 

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

 

    December 31,
    2012   2011
         
United States   $ 521     $ 550  
Netherlands     762       829  
Other     296       310  
Total   $ 1,579     $ 1,689