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Business Segments
6 Months Ended
Jun. 28, 2014
Business Segments

9. Business Segments

The Company operates in one segment, ophthalmology. The Company develops, manufactures and markets medical devices. Our revenues arise from the sale of consoles, delivery devices, consumables, service and support activities.

Revenue information shown by geographic region, based on the location at which each sale originates, is as follows:

 

 

Three Months Ended

 

 

Six Months Ended

 

(in thousands)

June 28,
2014

 

 

June 29,
2013

 

 

June 28,
2014

 

 

June 29,
2013

 

United States

$

5,984

 

 

$

4,962

 

 

$

10,689

 

 

$

9,171

  

Europe

 

2,273

 

 

 

1,628

 

 

 

4,576

 

 

 

3,601

  

Rest of Americas

 

771

 

 

 

941

 

 

 

1,609

 

 

 

1,791

  

Asia/Pacific Rim

 

1,561

 

 

 

1,679

 

 

 

4,044

 

 

 

3,586

  

 

$

10,589

 

 

$

9,210

 

 

$

20,918

 

 

$

18,149

  

 

Revenues are attributed to countries based on location of end customers. No individual country accounted for more than 10% of the Company’s sales for the three and six month periods, except for the United States, which accounted for 56.5% and 53.9% of sales for the three month period ended June 28, 2014 and June 29, 2013, respectively. For the six month period ended June 28, 2014 and June 29, 2013, the United States accounted for 51.1% and 50.5% of sales, respectively.

No one customer accounted for more than 10% of total revenues for the three and six month periods ended June 28, 2014 and June 29, 2013, respectively.

No one customer accounted for more than 10% of accounts receivable balance as of June 28, 2014. No one customer accounted for more than 10% of accounts receivable balance as of June 29, 2013.