Business Segments

6 Months Ended

Jul. 01, 2017

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				Six Months Ended
	July 1, 2017		July 2, 2016		July 1, 2017		July 2, 2016
United States	$	5,882	$	6,923	$	11,586	$	12,771
Europe		1,840		2,297		3,775		4,588
Rest of Americas		555		762		1,164		1,382
Asia/Pacific Rim		1,725		1,926		3,960		5,098
	$	10,002	$	11,908	$	20,485	$	23,839

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. United States accounted for 58.8% and 58.1% of revenues for the three month periods ended July 1, 2017 and July 2, 2016, respectively. For the six month period ended July 1, 2017 and July 2, 2016, the United States accounted for 56.6% and 53.6% of sales, respectively. International sales, other than the United States, accounted for 41.2% and 41.9% of revenues for the three month periods ended July 1, 2017 and July 2, 2016, respectively. For six month period ended July 1, 2017 and July 2, 2016, International sales, other than the United States, accounted for 43.4% and 46.4% of sales, respectively.

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

No customer accounted for more than 10% of account receivable balance as of July 1, 2017 and July 2, 2016.