SEGMENT REPORTING - Note 12

12 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

SEGMENT REPORTING - Note 12

12. SEGMENT REPORTING

ASC 280, Segment Reporting, establishes annual and interim reporting standards for an enterprise's business segments and related disclosures about its products, services, geographic areas and major customers. Under ASC 280, the method for determining what information to report is based upon the way management organizes the operating segments within the Company for making operating decisions and assessing financial performance.

The Company manages its operations primarily on a geographic basis. The Chief Executive Officer, the Chief Financial Officer, and the Chief Technology Officer or the Company's Chief Operating Decision Makers (CODMs), evaluate performance of the Company and make decisions regarding allocation of resources based on geographic results. The Company's reportable segments are the Americas and Europe. The Americas segment is primarily North America. The Europe segment is primarily the United Kingdom. Each operating segment provides similar products and services.

The Company's CODMs evaluate the performance of its operating segments based on revenues and net income. The Company does not allocate research and development, sales and marketing, general and administrative, amortization expense, stock-based compensation expense, and commitment and contingencies for each segment as management does not consider this information in its evaluation of the performance of each operating segment. Revenues are attributed to each segment based on the ordering location of the customer or ship to location.

The following tables set forth the segment and geographic information for each period (in thousands):

		Total Revenue for the Years Ended March 31,
		2017		2016		2015
Americas (principally US)	$	227,914	$	185,241	$	150,764
Europe (principally UK)		25,474		24,095		11,649
	$	253,388	$	209,336	$	162,413

Revenue is based upon the destination of shipments and the customers' service address. In fiscal 2017, 2016 and 2015 intersegment revenues of approximately $4.9 million, $1.0 million and $0, respectively, were eliminated in consolidation, and have been excluded from the table above.

		Total Depreciation and Amortization for the Years Ended March 31,
		2017		2016		2015
Americas (principally US)	$	6,842	$	5,776	$	4,739
Europe (principally UK)		3,595		3,231		1,374
	$	10,437	$	9,007	$	6,113

		Total Net Income (Loss) for the Years Ended March 31,
		2017		2016		2015
Americas (principally US)	$	2,557	$	940	$	5,433
Europe (principally UK)		(7,308)		(6,060)		(3,507)
	$	(4,751)	$	(5,120)	$	1,926

		March 31,
		2017				2016
		Total Assets		Property and Equipment, net		Total Assets		Property and Equipment, net
Americas (principally US)	$	284,011	$	11,803	$	261,886	$	9,733
Europe (principally UK)		49,844		4,581		51,566		2,642
	$	333,855	$	16,384	$	313,452	$	12,375