Geographic Information

12 Months Ended

Dec. 31, 2014

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 is set forth below:

Long-lived Assets

		December 31,		December 31,
		2014		2013
United States	$	3,307	$	3,402
Other – primarily Singapore and Indonesia		938		1,337
Consolidated	$	4,245	$	4,739

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

		Year Ended December 31
Net Sales to Geographical Areas		2014		2013	2012
United States	$	49,978	$	36,902	$                41,038
Germany		2,072		1,234	1,986
China		2,854		3,268	2,790
Switzerland		1,316		1,259	1,127
Singapore		2,905		406	3,326
France		1,786		1,734	1,480
Japan		1,355		1,442	1,190
United Kingdom		1,195		1,487	2,203
Turkey		639		322	692
Hong Kong		730		682	510
Vietnam		1,495		1,325	1,219
All other countries		1,978		2,900	2,394
Consolidated	$	68,303	$	52,961	$                59,955

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 37 percent, 30 percent and 21 percent of the Company’s consolidated net sales in 2014, 2013 and 2012, respectively. During 2014, 2013 and 2012, the top five customers accounted for approximately $39,000, $28,000 and $29,000 or 57 percent, 53 percent and 46 percent of the Company’s consolidated net sales, respectively.

At December 31, 2014, two customers accounted for a combined 28 percent of the Company’s consolidated accounts receivable. Two customers accounted for a combined34 percent of the Company’s consolidated accounts receivable at December 31, 2013.