SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

14.           SEGMENT INFORMATION

The Company’s Chief Executive Officer and management regularly review financial information for the Company’s operating segments. The Company previously conducted its operations through three businesses consisting of 1) Intersection, 2) Highway, and 3) LPR. As further described in Note 2 of these Notes to Consolidated Financial Statements, on July 9, 2015, the Company completed the sale of its LPR segment. As a result, effective July 9, 2015, the LPR business qualified for discontinued operations presentation in the Company’s consolidated financial statements. Accordingly, financial results for the 12 months ended December 31, 2015 have been reported on this basis. Previously reported results for comparable periods in 2014 and 2013 have also been restated to reflect this reclassification.

Accordingly, effective July 9, 2015, the Company has two reportable segments, Intersection and Highway. 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 RTMS is our radar product line, and revenue consists of international and North American product sales as well as a portion of royalties for the periods from July 24, 2012 to July 14, 2014 (all of which are received from Econolite). Radar products are normally sold in the Highway segment.

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, 2015
	Intersection		Highway		Total
Revenue	$	10,198	$	5,017	$	15,215
Gross profit		9,128		2,610		11,738
Amortization of intangible assets		—		455		455
Intangible assets		1,210		—		1,210

	For the year ended December 31, 2014
	Intersection		Highway		Total
Revenue	$	11,357	$	6,786	$	18,143
Gross profit		10,305		3,255		13,560
Amortization of intangible assets		—		488		488
Intangible assets		—		454		454

	For the year ended December 31, 2013
	Intersection		Highway		Total
Revenue	$	13,428	$	6,414	$	19,842
Gross profit		11,559		1,862		13,421
Amortization of intangible assets		—		488		488
Intangible assets		—		942		942

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

	2015			2014			2013
Asia Pacific		0	%		11	%		14	%
Europe		17	%		18	%		26	%
North America		83	%		71	%		60	%

No countries other than the United States 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 $101,000 and $121,000 at December 31, 2015 and 2014, respectively.