Quarterly report pursuant to Section 13 or 15(d)

Geographic Information

v2.4.0.6
Geographic Information
 3 Months Ended
Jun. 30, 2012
Geographic Information  
Geographic Information

13. Geographic Information

 

We have defined our operating segment based on geographic regions. These regions share similar economic characteristics, similar product mix, similar customers and similar distribution methods. Accordingly, we have elected to aggregate these geographic regions into a single reportable segment. Revenue from the sale of our products which are similar in nature and revenue from construction and engineering are reflected as sales in our consolidated statement of comprehensive income (loss).

 

During the three months ended June 30, 2012, the Company changed its basis for reporting operating segments. Previously, the operating segments were categorized between the Eastern and Western Hemispheres. Management has changed its basis for reporting such that the four geographic regions of the United States, Canada, Europe and Asia are now analyzed separately. Each of these regions were reported previously within the hemisphere presentation, therefore there is no material difference with this change in presentation of geographic information.  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 and operating income classified by major geographic area in which the Company operates are as follows:

 

 

 

Three

 

Three

 

 

 

Months

 

Months

 

 

 

Ended

 

Ended

 

 

 

June 30,

 

June 30,

 

 

 

2012

 

2011

 

 

 

 

 

 

 

Sales by geographic area:

 

 

 

 

 

United States

 

$

20,175

 

$

21,832

 

Canada

 

21,345

 

20,836

 

Europe

 

17,236

 

16,513

 

Asia

 

8,457

 

5,437

 

 

 

$

67,213

 

$

64,618

 

 

 

 

 

 

 

Operating income (loss)

 

 

 

 

 

United States

 

$

4,793

 

$

(3,001

)

Canada

 

6,249

 

6,333

 

Europe

 

2,183

 

3,235

 

Asia

 

1,427

 

1,026

 

Unallocated:

 

 

 

 

 

Management fees

 

—

 

(8,105

)

Other

 

(122

)

—

 

 

 

$

14,530

 

$

(512

)