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OPERATING SEGMENT INFORMATION
9 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
OPERATING SEGMENT INFORMATION

NOTE 9     OPERATING SEGMENT INFORMATION

As of June 30, 2012, and during its 2011 fiscal year, the Company reported and managed its continuing operations based on a single operating segment: the design and distribution of carry and protective solutions, primarily for hand held electronic devices. Products designed and distributed by this segment include carrying cases and other accessories for medical monitoring and diagnostic kits, portable consumer electronic devices (such as smartphones, tablets, personnel computers, notebooks, and GPS devices), and a variety of other portable electronic and non-electronic products (such as firearms, sporting, and other recreational products). This segment operates in geographic regions that include primarily APAC, the Americas, and Europe. Geographic regions are defined by reference primarily to the location of the customer or its contract manufacturer.  The following table presents net sales related to these geographic segments:

                                                                                                (all amounts in thousands of dollars)

 

Three Months Ended

June 30,

 

Nine Months Ended

June 30,

 

2012

 

2011

 

2012

 

2011

APAC.....................................................

$3,262

 

$2,744

 

$8,870

 

$7,944

Americas................................................

3,184

 

1,768

 

7,028

 

5,054

Europe ...................................................

1,218

 

1,643

 

4,151

 

4,122

Total net sales*....................................

$7,664

 

$6,156

 

$20,049

 

$17,121

*Totals may not total due to rounding

On June 21, 2012, the Company determined to wind down its Retail segment, which commenced during the three-month period ended December 31, 2011, and focus solely on growing its OEM business.  The decision to eliminate the retail division was primarily driven by the longer than estimated path to bring it to profitability and the strong top line growth and cost rationalizations in the OEM business. The Company expects to complete its exit of its retail business by September 30, 2012 and does not expect to have any continuing involvement in the retail business after this date.