Segment Reporting

12 Months Ended

Dec. 31, 2013

Segment Reporting

17. SEGMENT REPORTING

The Company has three reportable segments based upon geographic regions: Americas, Europe/Africa and Asia Pacific. The Company includes costs related to Corporate in its Americas region. The Company does not incur R&D expenses in its Asia region.

The Company develops, manufactures, markets, supports and sells CAD-based quality assurance products integrated with CAD-based inspection and statistical process control software in each of these regions. These activities represent approximately 99% of consolidated sales. The Company evaluates performance and allocates resources based upon profitable growth and assets deployed.

The following table presents information about the Company’s reportable segments:

	As of and for the Years Ended December 31,
	2013		2012		2011
Americas Region
Net sales to external customers	$	120,435	$	108,616	$	97,484
Depreciation and amortization		4,012		4,294		4,008
Operating income		6,270		2,949		8,864
Long-lived assets		23,791		21,775		23,024
Capital expenditures		3,563		1,435		3,371
Total assets		201,679		179,594		167,579
Europe/Africa Region
Net sales to external customers	$	103,415	$	100,111	$	99,568
Depreciation and amortization		1,880		1,658		1,807
Operating income		6,417		10,703		6,909
Long-lived assets		17,409		16,871		16,592
Capital expenditures		1,558		1,672		1,748
Total assets		122,197		110,152		92,231
Asia Pacific Region
Net sales to external customers	$	67,934	$	64,668	$	57,112
Depreciation and amortization		1,146		1,024		897
Operating income		17,467		17,902		17,085
Long-lived assets		2,721		2,562		2,076
Capital expenditures		1,319		1,565		869
Total assets		67,620		61,061		52,981
Totals
Net sales to external customers	$	291,784	$	273,395	$	254,164
Depreciation and amortization		7,038		6,976		6,712
Operating income		30,154		31,554		32,858
Long-lived assets		43,921		41,208		41,692
Capital expenditures		6,440		4,672		5,988
Total assets		391,496		350,807		312,791

The geographical sales information presented above represents sales to customers located in each respective region, whereas the long-lived assets information represents assets held in the respective regions. There were no customers that individually accounted for 10% or more of total consolidated revenue.

Net sales to external customers is based upon the geographic location of the customer.

	For the Years Ended December 31,
	2013		2012		2011
Net sales to external customers
United States	$	109,757	$	97,912	$	91,452
Americas-Other		10,678		10,704		6,032
Germany		42,471		42,413		45,658
Europe-Other		60,944		57,698		53,910
Asia		67,934		64,668		57,112
	$	291,784	$	273,395	$	254,164

Long lived assets consist primarily of property, plant, and equipment, goodwill, and intangible assets, and are attributed to the geographic area in which they are located or originated.

	As of December 31,
	2013		2012		2011
Long-Lived Assets
United States	$	22,720	$	20,824	$	22,041
Americas-Other		1,071		951		983
Germany		17,294		16,630		16,180
Europe-Other		115		241		412
Asia		2,721		2,562		2,076
	$	43,921	$	41,208	$	41,692