| Schedule of segment reporting information |
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Three months ended March 31,
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2019
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2018
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Revenue:
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Lifeboat Distribution
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$
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40,055
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$
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36,838
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TechXtend
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4,803
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3,714
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44,858
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40,552
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Gross Profit:
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Lifeboat Distribution
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$
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6,198
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$
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6,184
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TechXtend
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1,036
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710
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7,234
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6,894
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Direct Costs:
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Lifeboat Distribution
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$
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2,484
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$
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2,035
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TechXtend
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437
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400
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2,921
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2,435
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Segment Income Before Taxes: (1)
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Lifeboat Distribution
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$
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3,714
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$
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4,149
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TechXtend
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599
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310
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Segment Income Before Taxes
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4,313
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4,459
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General and administrative
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$
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2,594
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$
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2,612
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Interest, net
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169
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238
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Foreign currency transaction gains
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62
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2
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Income before taxes
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$
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1,950
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$
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2,087
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(1) Excludes general corporate expenses including 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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March 31,
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December 31,
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Selected Assets by Segment:
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2019
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2018
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Lifeboat Distribution
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$
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79,232
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$
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77,610
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TechXtend
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11,305
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11,542
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Segment Select Assets
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90,537
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89,152
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Corporate Assets
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20,627
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18,819
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Total Assets
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$
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111,164
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$
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107,971
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| Summary of disaggregation of segment revenue |
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(Unaudited)
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Disaggregation of Revenue:
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March 31,
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March 31,
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2019
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2018
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Lifeboat Distribution
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Hardware, software and other products
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$
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35,853
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$
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32,423
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Software - security & highly interdependent with support
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1,836
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2,086
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Maintenance, support & other services
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2,366
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2,329
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Net Sales
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$
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40,055
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$
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36,838
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TechXtend
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Hardware, software and other products
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$
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4,337
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$
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3,439
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Software - security & highly interdependent with support
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56
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17
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Maintenance, support & other services
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410
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258
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Net Sales
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$
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4,803
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$
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3,714
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