XML 15 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 11 - Segment Information
12 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

Note 11 – Segment Information


Based on the provisions of ASC 280, “Segment Reporting,” and the manner in which the Chief Operating Decision Maker analyzes the business, Qualstar has determined that it has two separate operating segments.


Segment revenue, loss before income taxes and total assets were as follows:


   

Year Ended June 30,

 
   

2013

   

2012

   

2011

 
   

(in thousands)

 

Revenue

     

Power Supplies

  $ 6,489     $ 9,420     $ 8,455  

Tape Libraries:

                       

Product

    4,337       5,341       7,195  

Service

    1,816       2,320       2,652  

Total Tape Libraries

    6,153       7,661       9,847  
                         

Total Revenue

  $ 12,642     $ 17,081     $ 18,302  

   

Year Ended June 30,

 
   

2013

   

2012

   

2011

 
   

(in thousands)

 

(Loss) Income before Taxes

     

Power Supplies

  $ (1,239

)

  $ 356     $ 944  

Tape Libraries

    (9,124

)

    (4,463

)

    (1,624

)

                         

Total Loss before Income Taxes

  $ (10,363

)

  $ (4,107

)

  $ (680

)


   

June 30,

 
   

2013

   

2012

 
   

(in thousands)

 

Total Assets

     

Cash and Marketable Securities:

               

Cash and Cash Equivalents

  $ 1,966     $ 7,381  

Marketable Securities

    11,851       13,504  

Total Cash and Marketable Securities

  $ 13,817     $ 20,885  

Power Supplies and Tape Libraries :

               

Power Supplies

    538       2,142  

Tape Libraries

    5,852       5,797  

Total Power Supplies and Tape Libraries

  $ 6,390     $ 7,939  

Total Assets

  $ 20,207     $ 28,824  

   

June 30,

 
   

2013

   

2012

 
   

(in thousands)

 

Property and Equipment

     

Power Supplies:

               

Gross fixed assets

  576       513  

Less: accumulated depreciation and amortization

    (448

)

    (389

)

Net Power Supply fixed assets

  $ 128     $ 124  

Tape Libraries:

               

Gross fixed assets

    2,706       2,533  

Less: accumulated depreciation and amortization

    (2,289

)

    (2,389

)

Net Library fixed assets

  $ 417     $ 144  

In its operation of the business, management reviews certain financial information, including segmented internal profit and loss statements prepared on a basis consistent with U.S. GAAP. Our two segments are Power Supplies and Tape Libraries. The two segments discussed in this analysis are presented in the way we internally managed and monitored performance for the years ended June 30, 2013, 2012, and 2011. Allocations for internal resources were made for the years ended June 30, 2013, 2012, and 2011. The power supplies segment tracks certain assets separately, and all others are recorded in the tape library segment for internal reporting presentations.


The types of products and services provided by each segment are summarized below:


Power Supplies — We design, manufacture, and sell small, open frame, high efficiency switching power supplies. These power supplies are used to convert AC line voltage to DC voltages, or DC voltages to other DC voltages for use in a wide variety of electronic equipment such as telecommunications equipment, machine tools, routers, switches, wireless systems and gaming devices.


Tape Libraries — We design, develop, manufacture and sell automated magnetic tape libraries used to store, retrieve and manage electronic data primarily in network computing environments. Tape libraries consist of cartridge tape drives, tape cartridges and robotics to move the cartridges from their storage locations to the tape drives under software control. Our tape libraries provide data storage solutions for organizations requiring backup, recovery and archival storage of critical data.


Geographic Information


Information regarding revenues attributable to the Qualstar’s primary geographic operating regions is as follows:


   

Year Ended June 30,

 
   

2013

   

2012

   

2011

 
   

(In thousands)

 

Total Revenue:

                       

North America

  $ 6,357     $ 9,039     $ 11,700  

Europe

    3,195       3,028       3,200  

Asia Pacific

    2,936       4,724       3,127  

Other

    154       290       275  
    $ 12,642     $ 17,081     $ 18,302  

   

Year Ended June 30,

 
   

2013

   

2012

   

2011

 
   

(In thousands)

 

Power Supply Revenue:

                       

North America

  $ 2,564     $ 3,327     $ 4,105  

Europe

    1,218       1,587       1,326  

Asia Pacific

    2,707       4,506       3,024  

Other

                 
    $ 6,489     $ 9,420     $ 8,455  

   

Year Ended June 30,

 
   

2013

   

2012

   

2011

 
   

(In thousands)

 

Tape Library Revenue:

                       

North America

  $ 3,793     $ 5,712     $ 7,595  

Europe

    1,977       1,441       1,874  

Asia Pacific

    229       218       103  

Other

    154       290       275  
    $ 6,153     $ 7,661     $ 9,847  

The geographic classification of revenues is based upon the location to which the product is shipped. Qualstar does not have any significant long-lived assets outside of the United States.