Segment Information

9 Months Ended

Mar. 28, 2015

Segment Reporting [Abstract]

Segment Information

9. Segment Information

The Company discloses certain information regarding operating segments, geographic areas of operations and major customers. This reporting is based upon the Company’s operating segments for which separate financial information is (i) available and (ii) evaluated regularly by the Chief Executive Officer who is the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company has two operating segments: Robotics and Services and Support. Segment operating income is comprised of income before unallocated research, development and engineering expenses, unallocated selling, general and administrative expenses, interest income, and other expenses. Management does not fully allocate research, development and engineering expenses and selling, general and administrative expenses when making capital spending and expense funding decisions or assessing segment performance. All goodwill is carried in the Robotics segment. Segment information for total assets and capital expenditures is not presented as such information is not used in measuring segment performance or allocating resources between segments. There is no inter-segment revenue recognized. Transfers of materials or labor between segments are recorded at cost. The operating results for the Company’s identified segments are presented as follows (in thousands):

	Three Months Ended						Nine Months Ended
	March 28, 2015			March 29, 2014			March 28, 2015			March 29, 2014
Revenues:
Robotics	$	11,175		$	11,973		$	31,297		$	33,714
Services and Support		2,939			3,148			9,016			9,566
Total revenues	$	14,114		$	15,121		$	40,313		$	43,280
Segment operating income (loss):
Robotics	$	64		$	1,330		$	320		$	3,879
Services and Support		978			1,187			3,017			3,725
Segment operating income (loss)		1,042			2,517			3,337			7,604
Unallocated research, development and engineering and general and administrative expenses		(2,073	)		(2,190	)		(6,435	)		(7,248	)
Amortization of intangible assets		(61	)		(61	)		(183	)		(183	)
Operating income (loss)		(1,092	)		266			(3,281	)		173
Interest Income (Expense)		(11	)		12			(11	)		7
Foreign currency exchange gain (loss)		(291	)		140			(387	)		201
Income (loss) before income taxes	$	(1,394	)	$	418		$	(3,679	)	$	381

Management also assesses the Company’s performance, operations and assets by geographic areas. Revenue and long-lived tangible assets are summarized as follows (in thousands):

	Three Months Ended				Nine Months Ended
	March 28, 2015		March 29, 2014		March 28, 2015		March 29, 2014
Revenues:
United States	$	2,764	$	4,047	$	8,241	$	10,135
Europe		6,297		6,830		19,922		18,951
Asia		4,478		3,872		10,465		12,145
All other countries		575		372		1,685		2,049
Total	$	14,114	$	15,121	$	40,313	$	43,280

	March 28, 2015		June 30, 2014
Long-lived tangible assets:
United States	$	572	$	795
All other countries		412		377
Total long-lived tangible assets	$	984	$	1,172

Adept’s revenues are reported by geographic region based on the ship-to location of the customer order.