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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
|
|
|