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Segment Reporting
6 Months Ended
Jan. 31, 2013
Segment Reporting

3. SEGMENT REPORTING

In accordance with the provisions of Topic 280, Segment Reporting to the FASB ASC, the Company operates as one reporting segment, that is, the design, manufacture and marketing of automated test equipment for the semiconductor industry that is used to test system-on-a-chip, digital, analog and mixed signal integrated circuits.

 

The Company’s net sales by geographic area for the three and six months ended January 31, 2013 and 2012, along with its long-lived assets at January 31, 2013 and July 31, 2012, are summarized as follows:

 

     Three Months Ended
January 31,
     Six Months Ended
January 31,
 
     2013      2012      2013      2012  
     (in thousands)  

Net sales:

           

United States

   $             8,638       $             7,113       $             15,703       $             16,519   

Taiwan

     8,128         1,312         20,335         7,766   

Philippines

     4,232         4,628         11,846         8,656   

Malaysia

     3,873         1,069         8,255         2,806   

Hong Kong/China

     2,639         2,267         6,287         3,011   

Germany

     2,418         2,024         3,979         4,920   

Singapore

     1,128         1,130         3,855         3,549   

All other countries

     3,960         4,539         7,944         10,607   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Net Sales

   $ 35,016       $ 24,082       $ 78,204       $ 57,834   
  

 

 

    

 

 

    

 

 

    

 

 

 

Long-lived assets consist of property and equipment:

 

     January 31,
2013
     July 31,
2012
 
     (in thousands)  

Long-lived assets:

     

United States

   $             15,859       $             16,386   

Japan

     719         564   

Singapore

     253         312   

Philippines

     111         166   

All other countries

     802         801   
  

 

 

    

 

 

 

Total long-lived assets

   $ 17,744       $ 18,229   
  

 

 

    

 

 

 

Transfer prices on products sold to foreign subsidiaries are intended to produce profit margins that correspond to the subsidiary’s sales and support efforts.