|
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
|
)
|
|