Geographic Information

9 Months Ended

Sep. 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:

		September 30,		December 31,
		2015		2014
United States	$	5,352	$	3,307
Other – primarily Asia		675		938
Consolidated	$	6,027	$	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 nine months ended September 30, 2015 and 2014 were as follows:

		Three Months Ended				Nine Months Ended
		September 30, 2015		September 30, 2014		September 30, 2015		September 30, 2014
United States	$	13,165	$	12,413	$	37,565	$	38,253
Europe		1,495		1,374		4,903		5,197
Asia		2,498		2,747		7,727		7,088
All other countries		183		471		868		1,284
Consolidated	$	17,341	$	17,005	$	51,063	$	51,822

Geographic net sales are allocated based on the location of the customer. For the three and nine months ended September 30, 2015, one customer accounted for 46% and 42% of the Company’s consolidated net sales.  For the three and nine months ended September 30, 2014, one customer accounted for 36% and 38% of the Company’s consolidated net sales.

At September 30, 2015, two customers combined accounted for 34% of the Company’s consolidated accounts receivable. At December 31, 2014, two customers combined accounted for 27% of the Company’s consolidated accounts receivable.