Business Segments

3 Months Ended

Apr. 02, 2016

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
(in thousands)	April 2, 2016		April 4, 2015
United States	$	5,848	$	5,581
Europe		2,291		2,314
Rest of Americas		620		996
Asia/Pacific Rim		3,172		1,905
	$	11,931	$	10,796

Revenues are attributed to countries based on location of end customers. Two countries including United States accounted for more than 10% of the Company’s revenues. United States accounted for 49.0% and 51.7% of revenues for the three month periods ended April 2, 2016 and April 4, 2015, respectively. China accounted for 14.4% and 4.9% of revenues for the three month periods ended April 2, 2016 and April 4, 2015, respectively.

One customer accounted for 15% of total revenues for the three month periods ended April 2, 2016 and no customer accounted for more than 10% of total revenues for the three month periods ended April 4, 2015.

One customer accounted for approximately 19% of accounts receivable balance as of April 2, 2016. No customer accounted for more than 10% of accounts receivable balance as of January 2, 2016.