Segment Information

3 Months Ended

Mar. 31, 2014

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:  Intersection, Highway and License Plate Recognition (“LPR”). Autoscope® video 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. Video products are normally sold in the Intersection segment. The Autoscope® radar is our radar product line, and revenue consists of royalties (all of which are received from Econolite), as well as a portion of international sales. Radar products are normally sold in the Highway segment. Autoscope® license plate recognition is our LPR 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 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, 2014
	Intersection		Highway		LPR		Total
Revenue	$	2,183	$	1,075	$	1,064	$	4,322
Gross profit		2,105		678		334		3,117
Amortization of intangible assets		—		122		267		389
Intangible assets		—		820		5,265		6,085
	For the three months ended March 31, 2013
	Intersection		Highway		LPR		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