Annual report pursuant to Section 13 and 15(d)

Business Segments Information / Major Customers (Tables)

v2.4.0.8
Business Segments Information / Major Customers (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Schedule of net revenue and operating income (loss)
Net revenue and operating income (loss) were as follows (in thousands):
Reportable Segments
 
Enterprise Video Content Management Software
 
Disc Publishing
 
Total
2013
 
 
 
 
 
 
Revenues
 
$
17,736

 
$
64,736

 
$
82,472

Operating income (loss) (1)
 
(16,090
)
 
6,405

 
(9,685
)
2012
 
 
 
 
 
 
Revenues
 
9,836

 
69,607

 
79,443

Operating income (loss) (1) (2)
 
(46,295
)
 
6,551

 
(39,744
)
2011
 
 
 
 
 
 
Revenues
 
1,760

 
81,874

 
83,634

Operating income (loss) (1) (3)
 
(5,211
)
 
9,659

 
4,448

1.
Operating loss for the enterprise video content management software segment in 2013, 2012 and 2011 includes amortization expense of $1.2 million, $1.7 million and $0.4 million respectively, for amortization of intangible assets established as part of the acquisition of Qumu, Inc.
2.
Operating loss for the enterprise video content management software segment includes recognized asset impairment charges consisting of $22.2 million of goodwill and $7.3 million of other intangible assets for 2012. See Note 8, “Goodwill and Intangible Assets,” for additional information regarding the Company’s intangible assets.
3.
Operating income for the disc publishing segment in 2011 includes $1.7 million of nonrecurring transaction costs associated with the acquisition of Qumu, Inc.
Schedule of sale amounts and related accounts receivable balances generated by unaffiliated customers that provided more than 10% of consolidated revenues
The following represents sales amounts and related accounts receivable balances generated by the Company’s unaffiliated customers that provided more than 10% of consolidated revenues (in thousands):
 
 
Years Ended December 31,
Revenues
 
2013
 
2012
 
2011
Customer A
 
$
9,551

 
$
8,044

 
$
13,667

 
 
December 31,
Accounts Receivable
 
2013
 
2012
 
2011
Customer A
 
$
348

 
$
369

 
$
430

Schedule of revenues from each geographic regions based on customer location
The Company’s revenues from each of its principal geographic regions are presented based on customer location as follows (in thousands):
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
North America
 
$
52,871

 
$
51,413

 
$
51,706

Europe
 
21,980

 
19,414

 
22,083

Other (Asia and Latin America)
 
7,621

 
8,616

 
9,845

Total
 
$
82,472

 
$
79,443

 
$
83,634

Schedule of net property and equipment location
Net property and equipment of the Company were located as follows (in thousands):
 
 
December 31,
 
 
2013
 
2012
North America
 
$
5,070

 
$
5,553

Europe
 
316

 
356

Asia
 
33

 
57

Total
 
$
5,419

 
$
5,966

Revenues from principal products and services
The Company’s revenues from each of its principal products and services were as follows (in thousands):
 
Years Ended December 31,
 
2013
 
2012
 
2011
 
Enterprise video content management software
 
 
 
 
 
 
Software licenses and appliances
$
7,269

9
%
$
4,320

5
%
$
693

1
%
Service
10,467

13
%
5,516

7
%
1,067

1
%
Total enterprise video content management software
17,736

22
%
9,836

12
%
1,760

2
%
Disc publishing
 
 
 
 
 
 
Disc publishing equipment:
 
 
 
 
 
 
Producer
9,119

11
%
12,285

15
%
15,788

19
%
Professional
6,609

8
%
9,517

12
%
11,939

14
%
Desktop
1,575

2
%
1,977

2
%
2,697

3
%
Total disc publishing equipment
17,303

21
%
23,779

30
%
30,424

36
%
Recurring:
 
 
 
 
 
 
Consumables and parts
34,962

42
%
33,819

43
%
40,038

48
%
Service
12,471

15
%
12,009

15
%
11,412

14
%
Total recurring
47,433

58
%
45,828

58
%
51,450

62
%
Total disc publishing
64,736

78
%
69,607

88
%
81,874

98
%
Total revenue
$
82,472

100
%
$
79,443

100
%
$
83,634

100
%