Segment Information

6 Months Ended

Jun. 30, 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. RTMS® 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. Until July 9, 2015, Autoscope® license plate recognition was our LPR product line. All segment revenues are derived from external customers. As described in Note M to these Notes to the Condensed Consolidated Financial Statements, effective on July 9, 2015, we sold our LPR business.

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):

	Three Months Ended June 30,
	Intersection				Highway				LPR				Total
	2015		2014		2015		2014		2015		2014		2015		2014
Revenue	$	3,189	$	3,625	$	1,218	$	1,094	$	774	$	1,219	$	5,181	$	5,938
Gross profit		2,768		3,242		783		488		653		533		4,204		4,263
Amortization of intangible assets		—		—		122		121		260		272		382		393
Intangible assets		—		—		210		698		3,018		5,065		3,228		5,763

	Six Months Ended June 30,
	Intersection				Highway				LPR				Total
	2015		2014		2015		2014		2015		2014		2015		2014
Revenue	$	5,350	$	5,808	$	2,284	$	2,169	$	1,886	$	2,283	$	9,520	$	10,260
Gross profit		4,828		5,347		1,363		1,166		1,333		867		7,524		7,380
Amortization of intangible assets		—		—		244		244		519		538		763		782
Intangible assets		—