OPERATING SEGMENT INFORMATION

6 Months Ended

Mar. 31, 2013

Segment Reporting [Abstract]

OPERATING SEGMENT INFORMATION

NOTE 13  OPERATING SEGMENT INFORMATION

As of March 31, 2013, 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.

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 has substantially completed its exit of its Retail business as of March 31, 2013 and does not expect to have any continuing involvement in the Retail business after this date.

Revenues from External Customers

The following table presents net sales by geographic region.

	(dollars in millions)		(dollars in millions)
	For the Three-Month Periods Ended March 31,		For the Six-Month Periods Ended March 31,
	2013	2012	2013	2012
Americas:
United States......................................	$2.5	$1.7	$5.4	$3.4
Other....................................................	0.4	0.1	.4	0.4
Total Americas............................	$2.9	$1.8	$5.8	$3.8
APAC:
Hong Kong........................................	$1.4	$2.4	$2.6	$4.8
Other...................................................	0.8	0.4	$1.7	0.8
Total APAC.................................	$2.2	$2.8	$4.3	$5.6
Europe:
Germany.............................................	$1.6	$1.1	$3.6	$2.1
Poland................................................	1.1	0.5	$1.1	0.5
Other..................................................	--	--	--	0.3
Total Europe...............................	$2.7	$1.6	$4.7	$2.9
Total net sales*.....................................	$7.8	$6.2	$14.8	$12.4

* Table may not total due to rounding.

Long-Lived Assets (Net of Accumulated Depreciation and Amortization)

Identifiable long-lived assets, consisting predominately of property and equipment, by geographic region are as follows:

	(dollars in thousands)
	As of March 31, 2013	As of September 30, 2012
Americas.................................................................	$172	$178
Europe.....................................................................	1	1
Total Long-Lived Assets (net)..............................	$173	$179