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Business Segments
9 Months Ended
Oct. 03, 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

 

 

Nine Months Ended

(in thousands)

October 3,
2015

 

 

September 27,
2014

 

 

October 3,
2015

 

 

September 27,
2014

United States

$

5,791

 

 

$

5,547

 

 

$

16,763

 

 

$

16,236

Europe

 

2,083

 

 

 

2,011

 

 

 

5,763

 

 

 

6,587

Rest of Americas

 

506

 

 

 

822

 

 

 

2,041

 

 

 

2,431

Asia/Pacific Rim

 

1,435

 

 

 

1,738

 

 

 

5,077

 

 

 

5,782

 

$

9,815

 

 

$

10,118

 

 

$

29,644

 

 

$

31,036

 

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 59.0% and 54.8% of revenues for the three month periods ended October 3, 2015 and September 27, 2014, respectively. For the nine month period ended October 3, 2015 and September 27, 2014, the United States accounted for 56.5% and 52.3% of sales, respectively.

No customer accounted for more than 10% of total revenues for the three and nine month periods ended October 3, 2015 and September 27, 2014, respectively.

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