Business Segment Information

6 Months Ended

Jun. 30, 2012

Business Segment Information

Business Segment Information

11.  Business Segment Information

As of June 30, 2012, the Company’s operations were conducted principally through two business segments: Theatre and Lighting. Theatre operations include the sale and service of digital projection equipment, sound systems, xenon lamps, lenses and other accessories. The lighting segment operations include the design, assembly and sale of follow spotlights, stationary searchlights and computer operated lighting systems for the motion picture production, television, live entertainment, theme parks and architectural industries. The Company allocates resources to business segments and evaluates the performance of these segments based upon reported segment operating profit.  All significant intercompany sales are eliminated in consolidation.

Summary by Business Segments

	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2012			2011			2012			2011
Net revenue
Theatre
Products	$	42,749		$	33,783		$	82,401		$	62,381
Services	3,299			2,923			6,964			5,392
Total theatre	46,048			36,706			89,365			67,773
Lighting	660			889			1,362			1,696
Total revenue	$	46,708		$	37,595		$	90,727		$	69,469
Operating Income (Loss)
Theatre
Products	$	3,655		$	4,951		$	7,479		$	8,789
Services	497			161			1,088			407
Total theatre	4,152			5,112			8,567			9,196
Lighting	(196		)	54			(213		)	116
Total segment operating income	3,956			5,166			8,354			9,312
Unallocated general and administrative expenses	(1,962		)	(1,488		)	(3,915		)	(3,396		)
Interest, net	(11		)	(15		)	(22		)	(26		)
Gain on sale of assets	460			22			1,378			23
Equity income (loss) of joint venture	(25		)	(184		)	66			(328		)
Other income (loss)	253			(79		)	413			(79		)
Income before income taxes	$	2,671		$	3,422		$	6,274		$	5,506

Summary by Geographical Area

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2012		2011		2012		2011
Net revenue
United States	$	39,234	$	27,742	$	77,525	$	48,127
China	4,880		4,708		7,998		12,346
Canada	1,032		901		2,413		1,299
Asia (excluding China)	605		991		1,006		1,489
Mexico	145		573		395		1,453
South America	459		1,699		602		2,961
Europe	175		499		342		1,110
Other	178		482		446		684
Total	$	46,708	$	37,595	$	90,727	$	69,469

	June 30, 2012		December 31, 2011
	(In thousands)
Identifiable assets
United States	$	71,750	$	80,885
Canada	18,964		17,671
Asia (excluding China)	7,406		6,963
China	7,801		7,937
Total	$	105,921	$	113,456

Net revenues by business segment are to unaffiliated customers. Identifiable assets by geographical area are based on location of facilities. Net sales by geographical area are based on destination of sales.