Geographic Information

6 Months Ended

Jun. 30, 2015

Geographic Information [Abstract]

Geographic Information

5.    Geographic Information

The geographical distribution of long-lived assets to geographical areas consisted of the following at:

		June 30,		December 31,
		2015		2014
United States	$	4,440	$	3,307
Other – primarily Asia		769		938
Consolidated	$	5,209	$	4,245

Long-lived assets consist of property and equipment. 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.

The geographical distribution of net sales to geographical areas for the three and six months ended June 30, 2015 and 2014 were as follows:

		Three Months Ended				Six Months Ended
		June 30, 2015		June 30, 2014		June 30, 2015		June 30, 2014
United States	$	11,948	$	13,018	$	24,400	$	25,840
Europe		1,568		1,608		3,408		3,823
Asia		3,217		2,549		5,229		4,341
All other countries		387		332		685		813
Consolidated	$	17,120	$	17,507	$	33,722	$	34,817

Geographic net sales are allocated based on the location of the customer. For the three and six months ended June 30, 2015, one customer accounted for 42% and 40% of the Company’s consolidated net sales.  For the three and six months ended June 30, 2014, one customer accounted for 39% and 40% of the Company’s consolidated net sales.

At June 30, 2015, two customers combined accounted for 24% of the Company’s consolidated accounts receivable. At December 31, 2014, two customers accounted for 27% of the Company’s consolidated accounts receivable.