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Segment Information
6 Months Ended
Jun. 30, 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):

 

    Autoscope     RTMS     CitySync     Total  
    2012     2011     2012     2011     2012     2011     2012     2011  
Revenue   $ 4,154     $ 3,699     $ 591     $ 3,112     $ 963     $ 1,291     $ 5,708     $ 8,102  
Gross profit     3,660       3,418       176       1,891       554       634       4,390       5,943  
Goodwill impairment                 1,372             1,803             3,175        
Amortization of intangible assets                 192       192       218       222       410       414  
Intangible assets and goodwill           525       1,796       11,326       5,340       11,975       7,136       23,826  

The following table sets forth selected unaudited financial information for each of the Company's reportable segments for the six-month periods ended June 30, 2012 and 2011 (in thousands):

 

    Autoscope     RTMS     CitySync     Total  
    2012     2011     2012     2011     2012     2011     2012     2011  
Revenue   $ 7,041     $ 6,763     $ 1,374     $ 4,073     $ 2,550     $ 3,411     $ 10,965     $ 14,247  
Gross profit     6,246       6,323       589       2,332       1,498       1,769       8,333       10,424  
Goodwill impairment                 1,372             1,803             3,175        
Amortization of intangible assets                 384       384       434       442       818       826  
Intangible assets and goodwill           525       1,796       11,326       5,340       11,975       7,136       23,826