XML 41 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Information
6 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
The following table presents certain operating segment information.


 
 
 
 
Technology Solutions Segment
 
 
For the three Months Ended March 31,
 
High Performance Products Segment
 
Germany
 
United
Kingdom
 
U.S.
 
Total
 
Consolidated
Total
 
 
(Amounts in thousands)
2015
 
 
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
2,527

 
$
1,796

 
$
891

 
$
8,981

 
$
11,668

 
$
14,195

Service
 
130

 
3,690

 
213

 
649

 
4,552

 
4,682

Total sales
 
2,657

 
5,486

 
1,104

 
9,630

 
16,220

 
18,877

Loss from operations
 
(647
)
 
170

 
(93
)
 
(69
)
 
8

 
(639
)
Assets
 
15,595

 
12,555

 
3,118

 
10,859

 
26,532

 
42,127

Capital expenditures
 
25

 
95

 

 

 
95

 
120

Depreciation and amortization
 
60

 
44

 
10

 
45

 
99

 
159

 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
 

 
 

 
 

 
 

 
 

 
 

Sales:
 
 

 
 

 
 

 
 

 
 

 
 

Product
 
$
2,170

 
$
3,452

 
$
336

 
$
8,361

 
$
12,149

 
$
14,319

Service
 
1,065

 
4,486

 
304

 
729

 
5,519

 
6,584

Total sales
 
3,235

 
7,938

 
640

 
9,090

 
17,668

 
20,903

Income (loss) from operations
 
113

 
294

 
(30
)
 
(44
)
 
220

 
333

Assets
 
15,644

 
20,882

 
2,726

 
13,438

 
37,046

 
52,690

Capital expenditures
 
41

 
14

 
22

 
32

 
68

 
109

Depreciation and amortization
 
54

 
49

 
4

 
46

 
99

 
153



 
 
 
 
Technology Solutions Segment
 
 
For the six Months Ended March 31,
 
High Performance Products Segment
 
Germany
 
United
Kingdom
 
U.S.
 
Total
 
Consolidated
Total
 
 
(Amounts in thousands)
2015
 
 
 
 
 
 
 
 
 
 
 
 
Sales:
 
 
 
 
 
 
 
 
 
 
 
 
Product
 
$
4,979

 
$
3,940

 
$
2,461

 
$
18,468

 
$
24,869

 
$
29,848

Service
 
360

 
7,218

 
496

 
1,385

 
9,099

 
9,459

Total sales
 
5,339

 
11,158

 
2,957

 
19,853

 
33,968

 
39,307

Income (loss) from operations
 
(1,504
)
 
249

 
(25
)
 
(280
)
 
(56
)
 
(1,560
)
Assets
 
15,595

 
12,555

 
3,118

 
10,859

 
26,532

 
42,127

Capital expenditures
 
46

 
176

 
1

 

 
177

 
223

Depreciation and amortization
 
131

 
91

 
17

 
92

 
200

 
331

 
 
 
 
 
 
 
 
 
 
 
 
 
2014
 
 

 
 

 
 

 
 

 
 

 
 

Sales:
 
 

 
 

 
 

 
 

 
 

 
 

Product
 
$
3,176

 
$
4,853

 
$
983

 
$
20,056

 
$
25,892

 
$
29,068

Service
 
2,348

 
8,674

 
632

 
1,513

 
10,819

 
13,167

Total sales
 
5,524

 
13,527

 
1,615

 
21,569

 
36,711

 
42,235

Income from operations
 
255

 
213

 
1

 
204

 
418

 
673

Assets
 
15,644

 
20,882

 
2,726

 
13,438

 
37,046

 
52,690

Capital expenditures
 
102

 
101

 
45

 
47

 
193

 
295

Depreciation and amortization
 
106

 
95

 
8

 
96

 
199

 
305





Income (loss) from operations consists of sales less cost of sales, engineering and development, 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 for the three and six months ended March 31, 2015, and 2014.

 
 
For the three Months Ended March 31,
 
For the six Months Ended March 31,
 
 
2015
 
2014
 
2015
 
2014
 
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
Customer Revenues
 
% of Total
Revenues
 
(dollars in millions)
Customer A
 
$
2.4

 
13
%
 
$
1.9

 
9
%
 
$
4.7

 
12
%
 
$
8.0

 
19
%
Customer B
 
$
3.7

 
20
%
 
$
5.6

 
27
%
 
$
6.6

 
17
%
 
$
8.9

 
21
%


In addition, accounts receivable from Customer B totaled approximately $4.5 million or 31% of total consolidated accounts receivable as of March 31, 2015 and $3.0 million or 20% of total consolidated accounts receivable as of September 30, 2014. We believe that the Company is not exposed to any significant credit risk with respect to the accounts receivable with this customer as of March 31, 2015. No other customer accounted for 10% or more of total consolidated accounts receivable as of March 31, 2015 or September 30, 2014.