Quarterly report pursuant to Section 13 or 15(d)

Segments

v2.4.0.8
Segments
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segments
Segments
The Company has two reportable segments: enterprise video content management software and disc publishing. The Company's enterprise video content management software segment allows organizations to capture, organize and distribute content across the extended enterprise to a wide variety of end points, including mobile devices. Qumu's video platform supports both live and on-demand streaming, and also incorporates secure download capabilities. The Company's disc publishing segment provides customers with solutions that archive, distribute and protect content on CDs, DVDs and Blu-ray Discs. The Company markets its products to customers in North America, Europe and Asia.
Management evaluates segment performance based on revenue and operating income (loss). The measurement of operating income (loss) excludes interest income and expense, other non-operating items and income taxes. The operating income (loss) for the Company’s enterprise video content management software and disc publishing segments include all the direct costs of each business and an allocation of corporate expenses incurred to support each reportable segment.
The Company has not provided specific asset information by segment, as it is not regularly provided to the Company’s chief operating decision maker for review at a segment specific level.
Net revenue and operating income (loss) were as follows (in thousands):
Reportable Segments
Enterprise Video Content Management Software
 
Disc
Publishing
 
 
 
Total
Three months ended March 31, 2014
 

 
 

 
 
 
 

Revenues
$
3,929

 
$
14,863

 
 
 
$
18,792

Operating income (loss)
(6,650
)
 
2,484

 
(1) 
 
(4,166
)
Three months ended March 31, 2013
 

 
 

 
 
 
 

Revenues
$
4,349

 
$
15,147

 
 
 
$
19,496

Operating income (loss)
(4,687
)
 
691

 
(1) 
 
(3,996
)

(1) 
Operating loss for the enterprise video content management software segment for the three months ended March 31, 2014 and 2013 includes amortization expense of $0.3 million in each respective period for amortization of intangible assets established as part of the acquisition of Qumu, Inc.