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Geographic Information
12 Months Ended
Dec. 31, 2011
Geographic Information [Abstract]  
Geographic Information

4. GEOGRAPHIC INFORMATION

The geographical distribution of long-lived assets and net sales to geographical areas as of and for the years ended December 31 are set forth below:

Long-lived Assets

 

 

 

 

 

 

 

 

 

 

2011

 

2010

 

 

United States

 

$

5,382

 

$

5,027

 

Other – primarily Singapore

 

 

2,014

 

 

1,789

 

Consolidated

 

$

7,396

 

$

6,816

 

Long-lived assets consist of property and equipment and certain other assets as they are difficult to move and relatively illiquid. Excluded from long-lived assets are investments in partnerships, patents, license agreements and goodwill. The Company capitalizes long-lived assets pertaining to the production of specialized parts. These assets are periodically reviewed to assure the net realizable value from the estimated future production based on forecasted cash flows exceeds the carrying value of the assets.

Net Sales to Geographical Areas

 

 

 

 

 

 

 

 

 

 

 

 

 

2011

 

2010

 

2009

 

 

 

 

 

 

 

 

 

 

 

 

United States

 

$

39,912

 

$

40,108

 

$

36,587

 

Germany

 

 

1,979

 

 

2,517

 

 

3,335

 

China

 

 

1,745

 

 

3,531

 

 

2,716

 

Switzerland

 

 

1,122

 

 

764

 

 

561

 

Singapore

 

 

715

 

 

1,367

 

 

892

 

France

 

 

1,424

 

 

1,625

 

 

1,428

 

Japan

 

 

1,473

 

 

1,810

 

 

1,741

 

United Kingdom

 

 

1,480

 

 

799

 

 

528

 

Turkey

 

 

766

 

 

401

 

 

298

 

Hong Kong

 

 

1,026

 

 

757

 

 

365

 

Vietnam

 

 

1,110

 

 

1,330

 

 

868

 

All other countries

 

 

3,306

 

 

3,688

 

 

2,357

 

Consolidated

 

$

56,058

 

$

58,697

 

$

51,676

 

Geographic net sales are allocated based on the location of the customer. All other countries include net sales primarily to various countries in Europe and in the Asian Pacific.

One customer accounted for 22 percent, 22 percent and 22 percent of the Company's consolidated net sales in 2011, 2010 and 2009, respectively. A second customer accounted for 11 percent of the Company's consolidated net sales in 2009. During 2011, 2010 and 2009 the top five customers accounted for approximately $25,000, $25,000 and $24,000 or 44 percent, 42 percent and 46 percent of the Company's consolidated net sales, respectively.

At December 31, 2011, one customer accounted for 12 percent of the Company's consolidated accounts receivable. One customer accounted for 13 percent of the Company's consolidated accounts receivable at December 31, 2010.