Business Segments

9 Months Ended

Sep. 28, 2019

Segment Reporting [Abstract]

Business Segments

10. 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 product group is as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
G6	$	2,962	$	2,860	$	9,419	$	8,715
Retina		5,788		6,672		16,635		17,160
Other(1)		1,914		1,788		5,631		5,258
Total revenues	$	10,664	$	11,320	$	31,685	$	31,133
(1) Incudes service contract revenues of $437 and $388 and $1,041 and $985 recognized during the three and nine months ended September 28, 2019 and September 29, 2018, respectively. Other also includes revenues from paid service, royalty, freight and legacy G probes.

Revenue information shown by geographic region, based on the sales destination, is as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
United States	$	5,833	$	6,182	$	16,362	$	16,156
Europe		2,112		2,020		7,176		6,680
Rest of Americas		735		554		2,107		1,862
Asia/Pacific Rim		1,984		2,564		6,040		6,435
Total revenues	$	10,664	$	11,320	$	31,685	$	31,133

Revenues are attributed to countries based on location of end customers.

Other than the United States, no individual country accounted for more than 10% of the Company’s revenues during the three and nine months ended September 28, 2019 and during the nine months ended September 29, 2018. Other than the United States, China accounted for more than 10% of the Company’s revenues during the three months ended September 29, 2018, representing 11%. The United States accounted for 54.7% and 54.6% of revenues for the three months ended September 28, 2019 and September 29, 2018, respectively. International sales accounted for 45.3% and 45.4% of revenues for the three months ended September 28, 2019 and September 29, 2018, respectively. For the nine months ended September 28, 2019 and September 29, 2018, the United States accounted for 51.6% and 51.9% of revenues, respectively. For the nine months ended September 28, 2019 and September 29, 2018, international sales accounted for 48.4% and 48.1% of revenues, respectively.