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Segment Information
3 Months Ended
Mar. 31, 2012
Segment Information [Abstract]  
Segment Information

Note J: Segment Information

The Company's Chief Executive Officer and management regularly review financial information for the Company's three discrete operating segments. Based on similarities in the economic characteristics, nature of products and services, production processes, type or class of customer served, method of distribution and regulatory environments, the operating segments have been aggregated for financial statement purposes and categorized into three reportable segments: Autoscope, RTMS and CitySync. Autoscope is our machine-vision product line, and revenue consists of royalties (all of which are received from Econolite), as well as a portion of international product sales. RTMS is our radar product line. CitySync is our automatic number plate recognition (ANPR) product line. All segment revenues are derived from external customers.

Financial information by reportable segment for the three-month period ended is summarized as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2012

 

 

 

Autoscope

 

RTMS

 

CitySync

 

Total

 

Revenue

 

$

2,887

 

$

783

 

$

1,587

 

$

5,257

 

Gross profit

 

 

2,586

 

 

413

 

 

944

 

 

3,943

 

Amortization of intangible assets

 

 

 

 

192

 

 

216

 

 

408

 

Intangible assets and goodwill

 

 

 

 

3,394

 

 

7,495

 

 

10,889

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2011

 

 

 

Autoscope

 

RTMS

 

CitySync

 

Total

 

Revenue

 

$

3,064

 

$

961

 

$

2,120

 

$

6,145

 

Gross profit

 

 

2,905

 

 

441

 

 

1,135

 

 

4,481

 

Amortization of intangible assets

 

 

 

 

192

 

 

220

 

 

412

 

Intangible assets and goodwill

 

 

525

 

 

11,518

 

 

12,187

 

 

24,230