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Note 11 - Segment Information
12 Months Ended
Jun. 30, 2014
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,

 
   

2014

   

2013

   

2012

 
   

(in thousands)

 

Revenue

                       

Power Supplies

  $ 5,874     $ 6,489     $ 9,420  

Tape Libraries:

                       

Product

    2,922       4,337       5,341  

Service

    2,145       1,816       2,320  

Total Tape Libraries

    5,067       6,153       7,661  

Total Revenue

  $ 10,941     $ 12,642     $ 17,081  

   

Year Ended June 30,

 
   

2014

   

2013

   

2012

 
   

(in thousands)

 

(Loss) before Taxes

                       

Power Supplies

  $ (865

)

  $ (1,239

)

  $ 356  

Tape Libraries

    (4,759

)

    (9,124

)

    (4,463

)

                         

Total Loss before Income Taxes

  $ (5,624

)

  $ (10,363

)

  $ (4,107

)


   

June 30,

 
   

2014

   

2013

 
   

(in thousands)

 

Total Assets

               

Cash and Marketable Securities:

               

Cash and Cash Equivalents

  $ 5,462     $ 1,966  

Marketable Securities

    1,763       11,851  

Total Cash and Marketable Securities

  $ 7,225     $ 13,817  

Power Supplies and Tape Libraries :

               

Power Supplies

    2,329       538  

Tape Libraries

    3,231       5,852  

Total Power Supplies and Tape Libraries

  $ 5,560     $ 6,390  

Total Assets

  $ 12,785     $ 20,207  

   

June 30,

 
   

2014

   

2013

 
   

(in thousands)

 

Property and Equipment

               

Power Supplies:

               

Gross fixed assets

  $ 624       576  

Less: accumulated depreciation and amortization

    (491

)

    (448

)

Net Power Supply fixed assets

  $ 133     $ 128  

Tape Libraries:

               

Gross fixed assets

    2,081       2,706  

Less: accumulated depreciation and amortization

    (1,551

)

    (2,289

)

Net Library fixed assets

  $ 530     $ 417  

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, 2014, 2013, and 2012. Allocations for internal resources were made for the years ended June 30, 2014, 2013, and 2012. 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,

 
   

2014

   

2013

   

2012

 
   

(In thousands)

 

Total Revenue:

                       

North America

  $ 6,104     $ 6,357     $ 9,039  

Europe

    1,992       3,195       3,028  

Asia Pacific

    2,641       2,936       4,724  

Other

    204       154       290  
    $ 10,941     $ 12,642     $ 17,081  

   

Year Ended June 30,

 
   

2014

   

2013

   

2012

 
   

(In thousands)

 

Power Supply Revenue:

                       

North America

  $ 2,122     $ 2,564     $ 3,327  

Europe

    1,232       1,218       1,587  

Asia Pacific

    2,520       2,707       4,506  

Other

                 
    $ 5,874     $ 6,489     $ 9,420  

   

Year Ended June 30,

 
   

2014

   

2013

   

2012

 
   

(In thousands)

 

Tape Library Revenue:

                       

North America

  $ 3,982     $ 3,793     $ 5,712  

Europe

    760       1,977       1,441  

Asia Pacific

    121       229       218  

Other

    204       154       290  
    $ 5,067     $ 6,153     $ 7,661  

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.