Segment Information

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Information

Note J: Segment Information

The Company’s Interim 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 three months ended March 31, 2015
	Intersection			Highway			LPR			Total
Revenue		$	2,161		$	1,066		$	1,112		$	4,339
Gross profit			2,060			580			680			3,320
Amortization of intangible assets			—			122			259			381
Intangible assets			—			332			3,238			3,570

	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