SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

SEGMENT INFORMATION

13.           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 international and North American product sales as well as a portion of royalties (all of which are received from Econolite). 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 year ended December 31, 2014
	Intersection			Highway			LPR			Total
Revenue		$	11,357		$	6,786		$	4,910		$	23,053
Gross profit			10,305			3,255			1,452			15,012
Amortization of intangible assets			—			488			1,070			1,558
Intangible assets			—			454			3,533			3,987
	For the year ended December 31, 2013
	Intersection			Highway			LPR			Total
Revenue		$	13,428		$	6,414		$	6,448		$	26,290
Gross profit			11,559			1,862			2,980			16,401
Amortization of intangible assets			—			488			1,066			1,554
Intangible assets			—			942			5,521			6,463
	For the year ended December 31, 2012
	Intersection			Highway			LPR			Total
Revenue		$	16,031		$	4,118		$	4,814		$	24,963
Gross profit			14,010			1,798			2,449			18,257
Goodwill impairment			—			1,372			1,803			3,175
Amortization of intangible assets			—			748			874			1,622
Intangible assets and goodwill			—			1,430			5,059			6,489

We derived the following percentages of our net revenues from the following geographic regions:

	2014		2013		2012
Asia Pacific	8	%	10	%	11	%
Europe	34	%	41	%	35	%
North America	58	%	49	%	54	%

No countries other than the United States and the United Kingdom had revenue in excess of 10% of our total revenue during any periods presented. The aggregate net book value of long-lived assets held outside of the United States, not including intangible assets, was $284,000 and $323,000 at December 31, 2014 and 2013, respectively.