Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.8.0.1
Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2018
Summary of disaggregation of revenue according to revenue type

 

 

 

 

 

 

 

Net Sales

Three months ended

 

 

March 31,

 

March 31,

 

 

2018

 

2017

Hardware and software product

 

$
35,862

 

$

33,930

Software - security & highly interdependent with support

 

 
2,103

 

 

1,551

Maintenance, support & other services

 

 
2,587

 

 

2,610

Net sales

 

$
40,552

 

$

38,091

 

ASU 2014-09  
Schedule of impact on adoption of standard

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended March 31, 2017

 

 

As

 

 Impact

 

As

 

 

Reported

 

of Adoption

 

 

Adjusted

Total

 

 

 

 

 

 

 

 

 

       Net sales

 

$

112,796

 

$

(74,705)

 

$

38,091

        Cost of sales

 

 

106,037

 

 

(74,705)

 

 

31,332

        Gross profit

 

$

6,759

 

$

 —

 

$

6,759

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months Ended March 31, 2017

 

 

As

 

 Impact

 

As

 

 

Reported

 

of Adoption

 

 

Adjusted

Lifeboat Distribution Segment:

 

 

 

 

 

 

 

 

 

       Net sales

 

$

104,483

 

$

 (70,649)

 

$

33,834

        Cost of sales

 

 

98,640

 

 

(70,649)

 

 

27,991

        Gross profit

 

$

5,843

 

$

 —

 

$

5,843

 

 

 

 

 

 

 

 

 

 

TechXtend Segment:

 

 

 

 

 

 

 

 

 

       Net sales

 

$

8,313

 

$

(4,056)

 

$

4,257

       Cost of sales

 

 

7,397

 

 

(4,056)

 

 

3,341

       Gross profit

 

$

916

 

$

 —

 

$

916