Segment Reporting | Segment Reporting Under common operational management, the Company designs, develops, manufactures and markets its navigation, guidance and stabilization and mobile communication products for use in a wide variety of applications. Products are generally sold directly to third-party consumer electronic dealers and retailers, original equipment manufacturers, government contractors or to U.S. and other foreign government agencies. Primarily, sales originating in the Americas consist of sales within the United States and Canada and, to a lesser extent, Mexico and some Latin and South American countries. The Americas’ sales also include all guidance and stabilization product sales throughout the world. Sales originating from the Company’s European and Asian subsidiaries principally consist of sales into all European countries, both inside and outside the European Union, as well as Africa, Asia/Pacific, the Middle East and India. The Company operates in two geographic segments, exclusively in the mobile communication, navigation and guidance and stabilization equipment industry, which it considers to be a single business activity. The Company has two primary product categories: mobile communication and guidance and stabilization. Mobile communication sales and services include marine, land mobile, and automotive communication equipment and satellite-based voice, television and Broadband Internet connectivity services; the distribution of commercially licensed news, sports, movies, and music content for commercial and leisure customers in the maritime, hotel, and retail markets; and the distribution of training films and e-Learning computer-based training courses to commercial customers in the maritime market. Guidance and stabilization sales and services include sales of defense-related and commercial navigation and guidance and stabilization equipment based upon digital compass and FOG sensor technology. Mobile communication and guidance and stabilization sales also include development contract revenue, product repairs and extended warranty sales. The following table summarizes information regarding the Company’s operations by geographic segment: Sales Originating From Three months ended June 30, 2016 Americas Europe and Asia Total Mobile communication sales to the United States $ 22,760 $ 748 $ 23,508 Mobile communication sales to Canada 353 198 551 Mobile communication sales to Europe 391 7,418 7,809 Mobile communication sales to other geographic areas 1,083 3,370 4,453 Guidance and stabilization sales to the United States 2,827 — 2,827 Guidance and stabilization sales to Canada 4,847 — 4,847 Guidance and stabilization sales to Europe 1,073 — 1,073 Guidance and stabilization sales to other geographic areas 898 — 898 Intercompany sales 1,577 760 2,337 Subtotal 35,809 12,494 48,303 Eliminations (1,577 ) (760 ) (2,337 ) Net sales $ 34,232 $ 11,734 $ 45,966 Segment net (loss) income $ (1,639 ) $ 833 $ (806 ) Depreciation and amortization $ 1,206 $ 1,860 $ 3,066 Total assets $ 132,547 $ 76,625 $ 209,172 Sales Originating From Three months ended June 30, 2015 Americas Europe and Asia Total Mobile communication sales to the United States $ 22,275 $ 424 $ 22,699 Mobile communication sales to Canada 701 18 719 Mobile communication sales to Europe 221 6,144 6,365 Mobile communication sales to other geographic areas 1,080 7,176 8,256 Guidance and stabilization sales to the United States 1,986 — 1,986 Guidance and stabilization sales to Canada 1,582 — 1,582 Guidance and stabilization sales to Europe 1,545 — 1,545 Guidance and stabilization sales to other geographic areas 1,703 — 1,703 Intercompany sales 2,508 1,047 3,555 Subtotal 33,601 14,809 48,410 Eliminations (2,508 ) (1,047 ) (3,555 ) Net sales $ 31,093 $ 13,762 $ 44,855 Segment net income (loss) $ 77 $ (40 ) $ 37 Depreciation and amortization $ 1,206 $ 1,938 $ 3,144 Total assets $ 143,007 $ 88,442 $ 231,449 Sales Originating From Six months ended June 30, 2016 Americas Europe and Asia Total Mobile communication sales to the United States $ 43,477 $ 1,275 $ 44,752 Mobile communication sales to Canada 700 388 1,088 Mobile communication sales to Europe 589 15,501 16,090 Mobile communication sales to other geographic areas 1,958 6,888 8,846 Guidance and stabilization sales to the United States 5,073 — 5,073 Guidance and stabilization sales to Canada 6,623 — 6,623 Guidance and stabilization sales to Europe 1,942 — 1,942 Guidance and stabilization sales to other geographic areas 1,932 — 1,932 Intercompany sales 3,347 1,413 4,760 Subtotal 65,641 25,465 91,106 Eliminations (3,347 ) (1,413 ) (4,760 ) Net sales $ 62,294 $ 24,052 $ 86,346 Segment net (loss) income $ (4,146 ) $ 549 $ (3,597 ) Depreciation and amortization $ 2,432 $ 3,823 $ 6,255 Total assets $ 132,547 $ 76,625 $ 209,172 Sales Originating From Six months ended June 30, 2015 Americas Europe and Asia Total Mobile communication sales to the United States $ 44,321 $ 859 $ 45,180 Mobile communication sales to Canada 956 34 990 Mobile communication sales to Europe 319 11,183 11,502 Mobile communication sales to other geographic areas 2,414 14,196 16,610 Guidance and stabilization sales to the United States 3,071 — 3,071 Guidance and stabilization sales to Canada 3,792 — 3,792 Guidance and stabilization sales to Europe 2,392 — 2,392 Guidance and stabilization sales to other geographic areas 2,623 — 2,623 Intercompany sales 3,676 1,845 5,521 Subtotal 63,564 28,117 91,681 Eliminations (3,676 ) (1,845 ) (5,521 ) Net sales $ 59,888 $ 26,272 $ 86,160 Segment net loss $ (1,077 ) $ (308 ) $ (1,385 ) Depreciation and amortization $ 2,341 $ 3,891 $ 6,232 Total assets $ 143,007 $ 88,442 $ 231,449 |