Annual report pursuant to Section 13 and 15(d)

Geographic Information

v2.4.0.6
Geographic Information
12 Months Ended
Mar. 31, 2012
Geographic Information  
Geographic Information

17. Geographic Information

 

The Company has determined its operating segment using the management approach. The management approach designates the internal organization that is used by management for making operating decisions and assessing performance as the source of our operating segment. It requires disclosures about products and services, geographic areas and major customers.

 

The Company operates in one operating segment, thermal engineered solutions.  The operating segment is further defined  based on two geographic regions; Eastern Hemisphere and Western Hemisphere.  The Company’s sales in these regions share similar economic characteristics, similar product mix, similar customers and similar distribution methods. Accordingly, the Company elected to aggregate these two geographic regions into a single operating segment. Revenue from the sale of its products which are similar in nature and revenue from construction and engineering are reflected as sales in its consolidated statement of operations.

 

Within its operating segment, the Company has provided further detail for those countries or regions that generate significant revenue and operating income. For purposes of this note, revenue is attributed to individual countries on the basis of the physical location and jurisdiction of organization of the subsidiary that invoices the material and services.

 

Total sales, operating income and long-lived assets, classified by major geographic areas in which the Company operates are as follows:

 

 

 

Successor

 

Predecessor

 

 

 

Year Ended
March 31, 2012

 

For the Period
May 1, 2010
Through
March 31, 2011

 

For the Period
April 1, 2010
Through
April 30, 2010

 

Year Ended
March 31, 2010

 

Sales by geographic area:

 

 

 

 

 

 

 

 

 

Western hemisphere:

 

 

 

 

 

 

 

 

 

United States

 

$

91,335

 

$

67,968

 

$

4,959

 

$

65,453

 

Canada

 

83,373

 

72,710

 

3,992

 

50,740

 

Elsewhere in the Western Hemisphere

 

1,068

 

1,101

 

25

 

1,165

 

Intercompany sales

 

63,397

 

49,289

 

3,850

 

38,149

 

 

 

239,173

 

191,068

 

12,826

 

155,507

 

Eastern hemisphere:

 

 

 

 

 

 

 

 

 

Europe

 

65,870

 

58,779

 

2,970

 

52,329

 

Asia

 

28,869

 

25,187

 

1,117

 

23,027

 

Intercompany sales

 

2,272

 

1,307

 

51

 

2,105

 

 

 

97,011

 

85,273

 

4,138

 

77,461

 

Eliminations

 

(65,669

)

(50,596

)

(3,901

)

(40,255

)

 

 

270,515

 

225,745

 

13,063

 

192,713

 

Operating income:

 

 

 

 

 

 

 

 

 

Western hemisphere:

 

 

 

 

 

 

 

 

 

United States

 

9,413

 

2,025

 

1,126

 

14,496

 

Canada

 

29,648

 

16,053

 

1,066

 

15,212

 

Elsewhere in the Western Hemisphere

 

206

 

323

 

(30

)

(128

)

Eastern hemisphere:

 

 

 

 

 

 

 

 

 

Europe

 

8,252

 

4,516

 

125

 

8,597

 

Asia

 

5,095

 

2,922

 

18

 

3,866

 

Unallocated:

 

 

 

 

 

 

 

 

 

Management fees

 

(8,158

)

(1,924

)

(79

)

(863

)

Other allocations

 

 

(1,090

)

(88

)

362

 

 

 

$

44,456

 

$

22,825

 

$

2,138

 

$

41,542

 

 

 

 

March 31,

 

 

 

2012

 

2011

 

Long-lived assets

 

 

 

 

 

Western hemisphere

 

$

23,822

 

$

17,667

 

Eastern hemisphere

 

3,839

 

4,019

 

 

 

$

27,661

 

$

21,686