| Segment Reporting [Abstract] | Period [Axis] |
|---|
2016-01-01 - 2016-12-31 |
|---|
Segment Reporting [Abstract] | |
Result of Operations by Segments |
The following tables are the segment operating profits and cash flow information for the years ended December 31, 2016, 2015 and 2014, and the segment balance sheet information as of December 31, 2016 and December 31, 2015:
|
|
|
Year Ended December 31, 2016 |
|
|
|
|
Connected
Solutions |
|
|
RF Solutions |
|
|
Corporate |
|
|
Total |
|
|
REVENUES |
|
$ |
65,763 |
|
|
$ |
31,126 |
|
|
$ |
(176 |
) |
|
$ |
96,713 |
|
|
GROSS PROFIT |
|
|
20,706 |
|
|
|
14,485 |
|
|
|
15 |
|
|
|
35,206 |
|
|
OPERATING INCOME (LOSS) |
|
$ |
7,804 |
|
|
$ |
(6,738 |
) |
|
$ |
(9,979 |
) |
|
$ |
(8,913 |
) |
|
Depreciation |
|
$ |
1,720 |
|
|
$ |
1,181 |
|
|
$ |
249 |
|
|
$ |
3,150 |
|
|
Intangible amortization |
|
$ |
192 |
|
|
$ |
2,126 |
|
|
$ |
0 |
|
|
$ |
2,318 |
|
|
Capital expenditures |
|
$ |
1,192 |
|
|
$ |
347 |
|
|
$ |
373 |
|
|
$ |
1,912 |
|
|
|
|
Year Ended December 31, 2015 |
|
|
|
|
Connected
Solutions |
|
|
RF Solutions |
|
|
Corporate |
|
|
Total |
|
|
REVENUES |
|
$ |
69,579 |
|
|
$ |
37,255 |
|
|
$ |
(219 |
) |
|
$ |
106,615 |
|
|
GROSS PROFIT |
|
|
20,426 |
|
|
|
16,803 |
|
|
|
32 |
|
|
|
37,261 |
|
|
OPERATING INCOME (LOSS) |
|
$ |
5,040 |
|
|
$ |
(298 |
) |
|
$ |
(10,498 |
) |
|
$ |
(5,756 |
) |
|
Depreciation |
|
$ |
1,706 |
|
|
$ |
1,108 |
|
|
$ |
271 |
|
|
$ |
3,085 |
|
|
Intangible amortization |
|
$ |
850 |
|
|
$ |
3,170 |
|
|
$ |
0 |
|
|
$ |
4,020 |
|
|
Capital expenditures |
|
$ |
954 |
|
|
$ |
997 |
|
|
$ |
151 |
|
|
$ |
2,102 |
|
|
|
|
Year Ended December 31, 2014 |
|
|
|
|
Connected
Solutions |
|
|
RF Solutions |
|
|
Corporate |
|
|
Total |
|
|
REVENUES |
|
$ |
72,333 |
|
|
$ |
35,113 |
|
|
$ |
(282 |
) |
|
$ |
107,164 |
|
|
GROSS PROFIT |
|
|
22,818 |
|
|
|
20,743 |
|
|
|
26 |
|
|
|
43,587 |
|
|
OPERATING INCOME (LOSS) |
|
$ |
7,357 |
|
|
$ |
7,333 |
|
|
$ |
(10,586 |
) |
|
$ |
4,104 |
|
|
Depreciation |
|
$ |
1,700 |
|
|
$ |
795 |
|
|
$ |
344 |
|
|
$ |
2,839 |
|
|
Intangible amortization |
|
$ |
1,151 |
|
|
$ |
816 |
|
|
$ |
0 |
|
|
$ |
1,967 |
|
|
Capital expenditures |
|
$ |
1,173 |
|
|
$ |
1,328 |
|
|
$ |
41 |
|
|
$ |
2,542 |
|
|
Assets by Segment |
The following tables are the segment operating profits and cash flow information for the years ended December 31, 2016, 2015 and 2014, and the segment balance sheet information as of December 31, 2016 and December 31, 2015:
|
|
|
As of December 31, 2016 |
|
|
|
|
Connected
Solutions |
|
|
RF Solutions |
|
|
Corporate |
|
|
Total |
|
|
Accounts receivable |
|
$ |
12,731 |
|
|
$ |
6,370 |
|
|
$ |
0 |
|
|
$ |
19,101 |
|
|
Inventories |
|
$ |
12,301 |
|
|
$ |
2,141 |
|
|
$ |
0 |
|
|
$ |
14,442 |
|
|
Long-lived assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property and equipment, net |
|
$ |
9,756 |
|
|
$ |
2,122 |
|
|
$ |
731 |
|
|
$ |
12,609 |
|
|
Goodwill |
|
$ |
0 |
|
|
$ |
3,332 |
|
|
$ |
0 |
|
|
$ |
3,332 |
|
|
Intangible assets, net |
|
$ |
233 |
|
|
$ |
3,042 |
|
|
$ |
0 |
|
|
$ |
3,275 |
|
|
Deferred tax assets, net |
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
4,512 |
|
|
$ |
4,512 |
|
|
Other noncurrent assets |
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
36 |
|
|
$ |
36 |
|
|
|
|
As of December 31, 2015 |
|
|
|
|
Connected
Solutions |
|
|
RF Solutions |
|
|
Corporate |
|
|
Total |
|
|
Accounts receivable |
|
$ |
12,875 |
|
|
$ |
8,126 |
|
|
$ |
0 |
|
|
$ |
21,001 |
|
|
Inventories |
|
$ |
15,507 |
|
|
$ |
2,089 |
|
|
$ |
0 |
|
|
$ |
17,596 |
|
|
Long-lived assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Property and equipment, net |
|
$ |
10,250 |
|
|
$ |
2,985 |
|
|
$ |
604 |
|
|
$ |
13,839 |
|
|
Goodwill |
|
$ |
0 |
|
|
$ |
3,332 |
|
|
$ |
0 |
|
|
$ |
3,332 |
|
|
Intangible assets, net |
|
$ |
425 |
|
|
$ |
10,953 |
|
|
$ |
0 |
|
|
$ |
11,378 |
|
|
Deferred tax assets, net |
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
13,155 |
|
|
$ |
13,155 |
|
|
Other noncurrent assets |
|
$ |
0 |
|
|
$ |
0 |
|
|
$ |
40 |
|
|
$ |
40 |
|
|
Revenues Attributable to Products and Services |
The Company’s revenues attributable to products and services are as follows:
|
|
|
Years Ended December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Products |
|
$ |
85,006 |
|
|
$ |
90,533 |
|
|
$ |
96,346 |
|
|
Services |
|
|
11,707 |
|
|
|
16,082 |
|
|
|
10,818 |
|
|
Total revenues |
|
$ |
96,713 |
|
|
$ |
106,615 |
|
|
$ |
107,164 |
|
|
|
|
Years Ended December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Cost of revenues: |
|
|
|
|
|
|
|
|
|
|
|
|
|
Products |
|
$ |
50,595 |
|
|
$ |
55,405 |
|
|
$ |
55,813 |
|
|
Services |
|
|
10,912 |
|
|
|
13,949 |
|
|
|
7,764 |
|
|
Total cost of revenues |
|
$ |
61,507 |
|
|
$ |
69,354 |
|
|
$ |
63,577 |
|
|
Customer Accounted Revenues by Geographic Location |
The Company’s revenue to customers by geographic location, as a percent of total revenues, is as follows:
|
|
|
Years Ended December 31, |
|
|
Region |
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
Asia Pacific |
|
|
21 |
% |
|
|
9 |
% |
|
|
11 |
% |
|
Europe, Middle East, & Africa |
|
|
8 |
% |
|
|
10 |
% |
|
|
11 |
% |
|
Other Americas |
|
|
6 |
% |
|
|
6 |
% |
|
|
5 |
% |
|
Total Foreign sales |
|
|
35 |
% |
|
|
25 |
% |
|
|
27 |
% |
|
Total Domestic sales |
|
|
65 |
% |
|
|
75 |
% |
|
|
73 |
% |
|
|
|
|
100 |
% |
|
|
100 |
% |
|
|
100 |
% |
|
Long-lived Assets by Geographic Region |
The long-lived assets by geographic region are as follows:
|
|
|
December 31, |
|
|
|
|
2016 |
|
|
2015 |
|
|
2014 |
|
|
United States |
|
$ |
22,557 |
|
|
$ |
23,741 |
|
|
$ |
26,436 |
|
|
All Other |
|
|
1,207 |
|
|
|
994 |
|
|
|
954 |
|
|
|
|
$ |
23,764 |
|
|
$ |
24,735 |
|
|
$ |
27,390 |
|
|