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Segment And Geographic Information
12 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Segment And Geographic Information

21.Segment and Geographic Information

We manage our business under three operating segments: Americas, Europe and Asia.  All of our operating segments rely on our core technologies and sell the same products primarily in the global automotive industry.  The segments also possess similar economic characteristics, resulting in similar long-term expected financial performance.  In addition, we sell to the same customers in all of our operating segments.  Accordingly, our operating segments are aggregated into one reportable segment.    

We account for geographic sales based on the country from which the sale is invoiced rather than the country to which the product is shipped.  We operate in three geographic areas: The Americas (substantially all of which is the United States, with less than 10% from net sales in Brazil), Europe and Asia. Sales and Long-lived assets, net by our geographical regions are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Geographical Regions

 

Americas

 

 

Europe (1)

 

 

Asia (2)

 

 

Consolidated

 

Twelve months ended June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

25,173

 

 

$

34,563

 

 

$

17,086

 

 

$

76,822

 

Tangible long-lived assets, net

 

 

4,773

 

 

 

1,490

 

 

 

275

 

 

 

6,538

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Twelve months ended June 30, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

34,720

 

 

$

33,492

 

 

$

16,481

 

 

$

84,693

 

Tangible long-lived assets, net

 

 

4,883

 

 

 

1,541

 

 

 

189

 

 

 

6,613

 

 

(1)

Our German subsidiary had net external sales of $24.7 million and $23.2 million in the fiscal years ended June 30, 2019 and 2018,  respectively.  Tangible long-lived assets, net of our German subsidiary were $209,000 and $173,000 as of June 30, 2019 and 2018, respectively. Our Italian subsidiary had net external sales of $9.9 million and $10.3 million in the fiscal years ended June 30, 2019 and 2018, respectively.  Tangible long-lived assets, net of our Italian subsidiary were $1,166,000 and $1,263,000 as of June 30, 2019 and 2018, respectively.

(2)

Our Chinese subsidiary had net external sales of $13.4 million and $14.0 million in the fiscal years ended June 30, 2019 and 2018, respectively.  Tangible long-lived assets, net of our Chinese subsidiary were $97,000 and $71,000 as of June 30, 2019 and 2018, respectively.

We have three major product lines: Measurement Solutions, 3D Scanning Solutions and Value Added Services.  Sales by our product lines are as follows (in thousands):

 

 

 

Fiscal Year Ended, June 30,

 

Product Lines

 

2019

 

 

2018

 

Measurement Solutions

 

$

70,142

 

 

$

77,235

 

3D Scanning Solutions

 

 

3,075

 

 

 

2,729

 

Value Added Service

 

 

3,605

 

 

 

4,729

 

Total Net Sales

 

$

76,822

 

 

$

84,693