Dollar amounts presented in the following discussion have been rounded to the
nearest hundred thousand, except in the case of amounts less than one million
and except in the case of the table set forth in the "Results of Operations"
section, the amounts in which both cases have been rounded to the nearest
Overview of Optical Cable CorporationOptical Cable Corporation (or OCC®) is a leading manufacturer of a broad range
of fiber optic and copper data communication cabling and connectivity solutions
primarily for the enterprise market, offering an integrated suite of high
quality, warranted products which operate as a system solution or seamlessly
integrate with other providers' offerings. Our product offerings include designs
for uses ranging from commercial, enterprise network, datacenter, residential
and campus installations to customized products for specialty applications and
harsh environments, including military, industrial, mining and broadcast
applications. Our products include fiber optic and copper cabling, fiber optic
and copper connectors, specialty fiber optic and copper connectors, fiber optic
and copper patch cords, pre-terminated fiber optic and copper cable assemblies,
racks, cabinets, datacom enclosures, patch panels, face plates, multi-media
boxes, and other cable and connectivity management accessories, and are designed
to meet the most demanding needs of end-users, delivering a high degree of
reliability and outstanding performance characteristics.
OCC® is internationally recognized for pioneering the design and production of
fiber optic cables for the most demanding military field applications, as well
as of fiber optic cables suitable for both indoor and outdoor use, and creating
a broad product offering built on the evolution of these fundamental
technologies. OCC also is internationally recognized for its role in
establishing copper connectivity data communications standards, through its
innovative and patented technologies.
Founded in 1983, Optical Cable Corporation is headquartered in Roanoke, Virginia
with offices, manufacturing and warehouse facilities located in Roanoke,
Virginia, near Asheville, North Carolina, and near Dallas, Texas. We primarily
manufacture our fiber optic cables at our Roanoke facility which is ISO
9001:2008 registered and MIL-STD-790F certified, our enterprise connectivity
products at our Asheville facility which is ISO 9001:2008 registered, and our
military and harsh environment connectivity products and systems at our Dallas
facility which is ISO 9001:2008 registered and MIL-STD-790F certified.
OCC designs, develops and manufactures fiber optic cables for a broad range of
commercial and specialty markets and applications. We refer to these products as
our fiber optic cable offering. OCC designs, develops and manufactures fiber and
copper connectivity products for the commercial market, including a broad range
of commercial and residential applications. We refer to these products as our
enterprise connectivity product offering. OCC designs, develops and manufactures
a broad range of specialty fiber optic connectors and connectivity solutions
principally for use in military and other harsh environment applications. We
refer to these products as our applied interconnect systems product offering.
We market and sell the products manufactured at our Dallas facility through our
wholly owned subsidiary Applied Optical Systems, Inc. ("AOS") under the names
Optical Cable Corporation and OCC by the efforts of our integrated OCC sales
Optical Cable Corporation owns 70% of the authorized membership interests of
Centric Solutions LLC ("Centric Solutions"). Centric Solutions is a business
founded in 2008 to provide turnkey cabling and connectivity solutions for the
datacenter market. Centric Solutions operates and goes to market independently
from Optical Cable Corporation; however, in some cases, Centric Solutions may
offer products from OCC's product offering.
Optical Cable Corporation, OCC®, Procyon, Superior Modular Products, SMP Data
Communications, Applied Optical Systems, and associated logos are trademarks of
Optical Cable Corporation.
Summary of Company Performance for Third Quarter and first nine months of Fiscal
• Consolidated net sales for the third quarter of fiscal year 2013 were $19.6