Segment, Significant Customer and Geographic Information

12 Months Ended

Dec. 31, 2011

Segment, Significant Customer and Geographic Information

Segment, Significant Customer and Geographic Information

Note 14—Segment, Significant Customer and Geographic Information

• Description of Segments

        ASC 280, "Segment Reporting" establishes standards for reporting information about operating segments in a company's financial statements. While the Company's management considers function, products, market and geography to allocate resources, the Company believes our chief operating decision maker (CODM) makes decisions and allocates resources based on the Company as a whole. Accordingly, the Company has determined it operates as one operating segment, Advent Investment Management.

• Significant Customers

        No single customer represented 10% or more of Advent's total net revenues in any fiscal year presented.

• Geographic Information

        Geographic information as of and for the periods presented is as follows (in thousands):

	December 31
	2011		2010
Long-lived assets(1):
United States	$	52,425	$	51,105
International		5,803		1,977
Total long-lived assets	$	58,228	$	53,082

	Fiscal Years
	2011		2010		2009
Geographic net sales(2):
United States	$	267,736	$	240,453	$	222,996
International		58,512		43,048		36,512
Total net sales	$	326,248	$	283,501	$	259,508

(1)

Long-lived assets exclude goodwill, intangible assets, private equity investments and deferred tax assets.

(2)

Geographic net sales are based on the location to which the product is shipped.