| Schedule of segment reporting information |
The following segment reporting information of the Company is provided:
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(Unaudited) Nine months ended September 30,
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(Unaudited) Three months ended September 30,
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2018
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2017
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2018
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2017
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Revenue:
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Lifeboat Distribution
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$
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119,308
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$
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103,885
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$
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44,145
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$
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34,709
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TechXtend
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13,081
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12,245
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3,778
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4,309
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132,389
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116,130
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47,923
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39,018
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Gross Profit:
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Lifeboat Distribution
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17,099
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16,873
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5,639
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5,417
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TechXtend
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2,597
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2,702
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664
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826
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19,696
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19,575
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6,303
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6,243
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Direct Costs:
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Lifeboat Distribution
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6,517
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6,142
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2,295
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1,866
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TechXtend
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1,257
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1,362
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362
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473
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7,774
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7,504
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2,657
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2,339
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Segment Income Before Taxes: (1)
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Lifeboat Distribution
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10,582
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10,731
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3,344
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3,551
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TechXtend
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1,340
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1,340
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302
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353
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Segment Income Before Taxes
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11,922
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12,071
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3,646
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3,904
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General and administrative
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7,474
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6,757
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2,246
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2,112
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Separation expense
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2,446
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—
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—
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—
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Interest, net
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744
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466
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296
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145
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Foreign currency translation
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40
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22
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42
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73
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Income before taxes
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$
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2,786
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$
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5,802
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$
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1,738
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$
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2,010
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(1) Excludes general corporate expenses including separation, interest, and foreign currency translation expenses.
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(Unaudited)
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As of
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As of
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September 30,
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December 31,
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Selected Assets by Segment:
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2018
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2017
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Lifeboat Distribution
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$
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72,570
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$
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72,806
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TechXtend
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21,456
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21,200
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Segment Select Assets
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94,026
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94,006
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Corporate Assets
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9,084
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8,279
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Total Assets
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$
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103,110
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$
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102,285
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| Summary of disaggregation of segment revenue |
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Disaggregation of revenue
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(Unaudited) Nine months ended
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(Unaudited) Three months ended
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September 30,
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September 30,
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September 30,
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September 30,
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2018
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2017
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2018
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2017
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Lifeboat Distribution
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Hardware and software product
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$
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108,213
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$
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93,437
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$
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40,617
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$
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31,559
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Software - security & highly interdependent with support
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4,607
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3,914
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1,358
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1,215
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Maintenance, support & other services
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6,488
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6,534
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2,170
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1,935
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Net Sales
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$
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119,308
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$
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103,885
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$
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44,145
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$
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34,709
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TechXtend
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Hardware and software product
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$
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11,860
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$
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10,980
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$
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3,483
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$
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3,997
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Software - security & highly interdependent with support
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422
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443
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75
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128
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Maintenance, support & other services
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799
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822
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220
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184
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Net Sales
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$
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13,081
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$
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12,245
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$
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3,778
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$
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4,309
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