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Segment Information
3 Months Ended
Mar. 31, 2013
Segment Information [Abstract]  
Segment Information

Note I: 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 ANPR product line. All segment revenues are derived from external customers.

Operating expenses and total assets are not allocated to the segments for internal reporting purposes. Due to the amended manufacturing and distribution agreement with Econolite and the related changes in how we manage our business, we may reevaluate our segment definitions in the future.

The following tables set forth selected unaudited financial information for each of our reportable segments (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2013

 

 

 

Autoscope

 

RTMS

 

CitySync

 

Total

 

Revenue

 

$

2,942

 

$

773

 

$

899

 

$

4,614

 

Gross profit

 

 

2,734

 

 

323

 

 

495

 

 

3,552

 

Amortization of intangible assets

 

 

 

 

123

 

 

218

 

 

341

 

Intangible assets

 

 

 

 

1,464

 

 

4,779

 

 

6,243

 


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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