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Segment Information
9 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Segment Information
Segment Information

The following tables present certain operating segment information for the three and nine months ended June 30, 2018 and June 30, 2017.
 
 
 
 
Technology Solutions Segment
 
 
For the three months ended June 30,
 
High Performance Products Segment
 
United
Kingdom
 
U.S.
 
Total
 
Consolidated
Total
 
 
(Amounts in thousands)
2018
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
Product
 
$
1,665

 
$
1,978

 
$
12,437

 
$
14,415

 
$
16,080

Service
 
1,422

 
232

 
2,310

 
2,542

 
3,964

Total sales
 
3,087

 
2,210

 
14,747

 
16,957

 
20,044

Income (loss) from operations
 
(43
)
 
14

 
251

 
265

 
222

Assets from continuing operations
 
15,018

 
4,769

 
22,908

 
27,677

 
42,695

Assets held-for-sale
 

 

 

 

 
16,263

Total assets
 
15,018

 
4,769

 
22,908

 
27,677

 
58,958

Capital expenditures
 
34

 

 
52

 
52

 
86

Depreciation and amortization
 
75

 
1

 
71

 
72

 
147

 
 
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
Product
 
$
1,635

 
$
1,748

 
$
19,701

 
$
21,449

 
$
23,084

Service
 
1,680

 
252

 
1,413

 
1,665

 
3,345

Total sales
 
3,315

 
2,000

 
21,114

 
23,114

 
26,429

Income from operations
 
388

 
58

 
896

 
954

 
1,342

Assets from continuing operations
 
17,277

 
2,078

 
22,243

 
24,321

 
41,598

Assets held-for-sale
 

 

 

 

 
16,509

Total assets
 
17,277

 
2,078

 
22,243

 
24,321

 
58,107

Capital expenditures
 
32

 

 
46

 
46

 
78

Depreciation and amortization
 
58

 
2

 
63

 
65

 
123

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Technology Solutions Segment
 
 
For the nine months ended June 30,
 
High Performance Products Segment
 
United
Kingdom
 
U.S.
 
Total
 
Consolidated
Total
 
 
(Amounts in thousands)
2018
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
Product
 
$
4,752

 
$
5,276

 
$
33,770

 
$
39,046

 
$
43,798

Service
 
2,600

 
512

 
6,368

 
6,880

 
9,480

Total sales
 
7,352

 
5,788

 
40,138

 
45,926

 
53,278

Income (loss) from operations
 
(1,482
)
 
(77
)
 
1,083

 
1,006

 
(476
)
Assets from continuing operations
 
15,018

 
4,769

 
22,908

 
27,677

 
42,695

Assets held-for-sale
 

 

 

 

 
16,263

Total assets
 
15,018

 
4,769

 
22,908

 
27,677

 
58,958

Capital expenditures
 
80

 

 
182

 
182

 
262

Depreciation and amortization
 
188

 
3

 
207

 
210

 
398

 
 
 
 
 
 
 
 
 
 
 
2017
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
Product
 
$
5,155

 
$
4,611

 
$
42,241

 
$
46,852

 
$
52,007

Service
 
4,331

 
565

 
3,231

 
3,796

 
8,127

Total sales
 
9,486

 
5,176

 
45,472

 
50,648

 
60,134

Income (loss) from operations
 
802

 
(183
)
 
1,085

 
902

 
1,704

Assets from continuing operations
 
17,277

 
2,078

 
22,243

 
24,321

 
41,598

Assets held-for-sale
 

 

 

 

 
16,509

Total assets
 
17,277

 
2,078

 
22,243

 
24,321

 
58,107

Capital expenditures
 
90

 

 
79

 
79

 
169

Depreciation and amortization
 
168

 
7

 
186

 
193

 
361


Income (loss) from operations consists of sales less cost of sales, engineering and development expenses, and selling, general and administrative expenses but is not affected by either other income/expense or by income taxes expense/benefit. Non-operating charges/income consists principally of investment income and interest expense.  All intercompany transactions have been eliminated.
    
The following table lists customers from which the Company derived revenues in excess of 10% of total revenues from continuing operations for the three and nine months ended June 30, 2018, and 2017.
 
 
For the three months ended June 30,
 
For the nine months ended June 30,
 
 
2018
 
2017
 
2018
 
2017
 
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
(Dollar amounts in millions)
Customer A
 
$
1.6

 
8
%
 
$
8.2

 
31
%
 
$
5.5

 
10
%
 
$
14.8

 
25
%
Customer B
 
$
1.0

 
5
%
 
$
3.0

 
11
%
 
$
2.2

 
4
%
 
$
4.5

 
7
%


In addition, accounts receivable from Customer A totaled approximately $1.5 million, or 11%, and approximately $2.4 million, or 14%, of total consolidated accounts receivable as of June 30, 2018 and September 30, 2017, respectively. Accounts receivable from Customer B was less than 10% as of June 30, 2018 and September 30, 2017. One additional customer, Customer C, accounted for accounts receivable of 10% or more as of June 30, 2018, but did not account for revenue of 10% or more for the three and nine months ended June 30, 2018 and June 30, 2017. Accounts receivable from Customer C totaled approximately $1.6 million, or 13%, of consolidated accounts receivable as of June 30, 2018. We believe that the Company is not exposed to any significant credit risk with respect to the accounts receivable with these customers as of June 30, 2018. No other customers accounted for 10% or more of total consolidated accounts receivable as of June 30, 2018.