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Segment Information
9 Months Ended
Sep. 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 periods ended September 30, 2012 and 2011 is summarized as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Autoscope

 

RTMS

 

CitySync

 

Total

 

 

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

Revenue

 

$

4,980

 

$

4,480

 

$

1,056

 

$

1,678

 

$

1,141

 

$

1,264

 

$

7,177

 

$

7,422

 

Gross profit

 

 

4,440

 

 

4,081

 

 

469

 

 

931

 

 

407

 

 

635

 

 

5,316

 

 

5,647

 

Goodwill impairment

 

 

 

 

525

 

 

 

 

7,392

 

 

 

 

3,768

 

 

 

 

11,685

 

Amortization of intangible assets

 

 

 

 

 

 

192

 

 

192

 

 

217

 

 

225

 

 

409

 

 

417

 

Intangible assets and goodwill

 

 

 

 

 

 

1,603

 

 

3,743

 

 

5,306

 

 

7,755

 

 

6,909

 

 

11,498

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financial information by reportable segment for the nine-month periods ended September 30, 2012 and 2011 is summarized as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Autoscope

 

RTMS

 

CitySync

 

Total

 

 

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

Revenue

 

$

12,021

 

$

11,243

 

$

2,430

 

$

5,751

 

$

3,691

 

$

4,675

 

$

18,142

 

$

21,669

 

Gross profit

 

 

10,686

 

 

10,404

 

 

1,058

 

 

3,263

 

 

1,905

 

 

2,404

 

 

13,649

 

 

16,071

 

Goodwill impairment

 

 

 

 

525

 

 

1,372

 

 

7,392

 

 

1,803

 

 

3,768

 

 

3,175

 

 

11,685

 

Amortization of intangible assets

 

 

 

 

 

 

576

 

 

576

 

 

651

 

 

667

 

 

1,227

 

 

1,243

 

Intangible assets and goodwill

 

 

 

 

 

 

1,603

 

 

3,743

 

 

5,306

 

 

7,755

 

 

6,909

 

 

11,498