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Business Segments
3 Months Ended
Apr. 01, 2017
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 sales destination, is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

April 1, 2017

 

 

April 2, 2016

 

United States

 

$

5,704

 

 

$

5,848

 

Europe

 

 

1,935

 

 

 

2,291

 

Rest of Americas

 

 

609

 

 

 

620

 

Asia/Pacific Rim

 

 

2,235

 

 

 

3,172

 

 

 

$

10,483

 

 

$

11,931

 

 

Revenues are attributed to countries based on location of end customers. United States accounted for 54.4% and 49.0% of revenues for the three month periods ended April 1, 2017 and April 2, 2016, respectively. International sales, other than the United States, accounted for 45.6% and 51.0% of revenues for the three month periods ended April 1, 2017 and April 2, 2016, respectively.

 

No customer accounted for more than 10% of total revenues for the three month periods ended April 1, 2017 and one customer accounted for 15% of total revenues for the three month periods ended April 2, 2016

 

No customer accounted for more than 10% of account receivable balance for the three month periods ended April 1, 2017 and one customer accounted for approximately 19% of account receivable balance as of April 2, 2016.