SEC Info - Icts International NV - ‘20-F’ for 12/31/11

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual Report by a Foreign Non-Canadian Issuer      HTML    648K 
 4: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     13K 
 2: EX-12.1     Certifications                                      HTML     18K 
 3: EX-12.2     Certifications                                      HTML     18K 
22: R1          Document and Entity Information                     HTML     37K 
15: R2          Consolidated Balance Sheets                         HTML    126K 
20: R3          Consolidated Balance Sheets (Parentheticals)        HTML     26K 
24: R4          Consolidated Statements of Operations and           HTML     95K 
                Comprehensive Income (Loss)                                      
35: R5          Consolidated Statements of Operations and           HTML     18K 
                Comprehensive Income (Loss) (Parentheticals)                     
16: R6          Consolidated Statements of Changes in               HTML     63K 
                Shareholders' Deficit                                            
19: R7          Consolidated Statements of Cash Flows               HTML    175K 
14: R8          Organization                                        HTML     27K 
12: R9          Significant Accounting Policies                     HTML     66K 
36: R10         Discontinued Operations                             HTML     31K 
26: R11         Investments in Affiliates                           HTML     36K 
25: R12         Property and Equipment                              HTML     24K 
30: R13         Deferred Financing Costs                            HTML     18K 
31: R14         Notes Payable - Bank                                HTML     27K 
29: R15         Accrued Expenses and Other Current Liabilities      HTML     21K 
32: R16         Convertible Notes Payable to Related Party          HTML     29K 
21: R17         Liability to United States Department of Labor      HTML     22K 
23: R18         Stock-Based Compensation                            HTML     33K 
28: R19         Other Expense                                       HTML     22K 
38: R20         Income Taxes                                        HTML     65K 
33: R21         Related Party Transactions                          HTML     26K 
17: R22         Commitments and Contingencies                       HTML     45K 
27: R23         Segment and Geographical Information                HTML     47K 
18: R24         Subsequent Events                                   HTML     20K 
11: R25         Valuation and Qualifying Accounts                   HTML     30K 
37: XML         IDEA XML File -- Filing Summary                      XML     51K 
13: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS    347K 
 5: EX-101.INS  XBRL Instance -- ictsf-20111231                      XML    583K 
 7: EX-101.CAL  XBRL Calculations -- ictsf-20111231_cal              XML    120K 
 8: EX-101.DEF  XBRL Definitions -- ictsf-20111231_def               XML     49K 
 9: EX-101.LAB  XBRL Labels -- ictsf-20111231_lab                    XML    659K 
10: EX-101.PRE  XBRL Presentations -- ictsf-20111231_pre             XML    271K 
 6: EX-101.SCH  XBRL Schema -- ictsf-20111231                        XSD     66K 
34: ZIP         XBRL Zipped Folder -- 0000891092-12-002745-xbrl      Zip     74K

‘R23’ — Segment and Geographical Information

This is an IDEA Financial Report. [ Alternative Formats ]

SEGMENT AND GEOGRAPHICAL INFORMATION

12 Months Ended

Dec. 31, 2011

SEGMENT AND GEOGRAPHICAL INFORMATION [Abstract]

SEGMENT AND GEOGRAPHICAL INFORMATION

NOTE 16 - SEGMENT AND GEOGRAPHICAL INFORMATION

The Company operates in three reportable segments: (a) corporate (b) airport security and other aviation services and (c) technology. The corporate segment does not generate revenue and contains primarily non-operational expenses. The airport security and other aviation services segment provides security and other aviation services to airlines and airport authorities, predominantly in Europe and the United States. The technology segment is predominantly involved in the development and sale of identity security software to financial institutions and airport authorities, predominantly in Europe and Israel. All inter-segment transactions are eliminated in consolidation. The accounting policies of the segments are the same as the accounting policies of the Company as a whole.

The operating results of these reportable segments are regularly reviewed by the chief operating decision maker and the performance of the reportable segments is based primarily on loss from continuing operations.

				Airport
				Security
				and Other
				Aviation
	Corporate			Services			Technology			Total
Year ended December 31, 2011:
Revenue	$	-		$	105,436		$	495		$	105,931
Depreciation and amortization		7			585			41			633
Loss from continuing
operations		(527	)		(3,410	)		(3,998	)		(7,935	)
Total assets		491			22,830			561			23,882

Year ended December 31, 2010:
Revenue		-			97,819			607			98,426
Depreciation and amortization		11			675			34			720
Loss from continuing
operations		(3,735	)		(34	)		(4,275	)		(8,044	)
Total assets		663			22,822			499			23,984

Year ended December 31, 2009:
Revenue		-			95,146			715			95,861
Depreciation and amortization		11			681			23			715
Income (loss) from continuing
operations		(3,729	)		2,777			(2,211	)		(3,163	)

Revenue by country is summarized as follows:

	Year Ended December 31,
	2011		2010		2009

United States	$	35,770	$	35,667	$	36,794
Netherlands		47,516		42,242		42,344
Other		22,645		20,517		16,723
Total	$	105,931	$	98,426	$	95,861

Property and equipment, net of accumulated depreciation and amortization, by country is summarized as follows:

	December 31,
	2011		2010

United States	$	550	$	606
Netherlands		829		638
Other		344		298
Total	$	1,723	$	1,542

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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+ Details

Dates Referenced Herein and Documents Incorporated by Reference

This ‘20-F’ Filing	Date	Other Filings

Filed on:	5/11/12
For Period end:	12/31/11	NT 20-F
	12/31/10	20-F, NT 20-F
	12/31/09	20-F, NT 20-F
	9/15/09
		List all Filings

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Filing Submission 0000891092-12-002745 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Icts International NV – ‘20-F’ for 12/31/11 – ‘R23’

On: Friday, 5/11/12, at 4:24pm ET · For: 12/31/11 · Accession #: 891092-12-2745 · File #: 0-28542

Previous ‘20-F’: ‘20-F’ on 7/8/11 for 12/31/10 · Next: ‘20-F’ on 5/13/13 for 12/31/12 · Latest: ‘20-F’ on 5/10/24 for 12/31/23

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘R23’ — Segment and Geographical Information

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Icts International NV – ‘20-F’ for 12/31/11 – ‘R23’

On: Friday, 5/11/12, at 4:24pm ET · For: 12/31/11 · Accession #: 891092-12-2745 · File #: 0-28542

Previous ‘20-F’: ‘20-F’ on 7/8/11 for 12/31/10 · Next: ‘20-F’ on 5/13/13 for 12/31/12 · Latest: ‘20-F’ on 5/10/24 for 12/31/23

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘R23’ — Segment and Geographical Information

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

Annual Report by a Foreign Non-Canadian Issuer — Form 20-F — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents