Business Segments

6 Months Ended

Jul. 04, 2015

Segment Reporting [Abstract]

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)	July 4,2015		June 28,2014		July 4,2015		June 28,2014
United States	$	5,391	$	5,984	$	10,972	$	10,689
Europe		1,366		2,273		3,680		4,576
Rest of Americas		539		771		1,535		1,609
Asia/Pacific Rim		1,737		1,561		3,642		4,044
	$	9,033	$	10,589	$	19,829	$	20,918

Revenues are attributed to countries based on location of end customers. No individual country accounted for more than 10% of the Company’s revenues, other than the United States, which accounted for 59.7% and 56.5% of revenues for the three month periods ended July 4, 2015 and June 28, 2014, respectively. For the six month period ended July 4, 2015 and June 28, 2014, the United States accounted for 55.3% and 51.1% of sales, respectively.

No customer accounted for more than 10% of total revenues for the three and six month periods ended July 4, 2015 and June 28, 2014, respectively.

No customer accounted for more than 10% of accounts receivable balance as of July 4, 2015. One customer accounted for approximately 13% of accounts receivable balance as of January 3, 2015.