Business Segment and Geographic Region Information

12 Months Ended

Dec. 31, 2017

Business Segment and Geographic Region Information

Business Segment and Geographic Region Information

Note 15. Business Segment and Geographic Region Information

The Company operates in one business segment, which is the manufacture of capital equipment for the semiconductor chip manufacturing industry. The principal market for semiconductor capital equipment is semiconductor chip manufacturers. Substantially all sales are made directly by the Company to its customers located in the United States, Europe and Asia Pacific.

The Company’s ion implantation systems product line includes high current, medium current and high energy implanters. Other products include legacy dry strip equipment, curing systems, and thermal processing systems. In addition to new equipment, the Company provides post‑sales equipment service and support, including spare parts, equipment upgrades, used equipment, maintenance services and customer training.

Revenue by product lines is as follows:

	Year ended December 31,
	2017		2016		2015
	(in thousands)
Ion implantation systems and services	$	391,051	$	248,885	$	282,624
Other systems and services		19,510		18,095		18,871
Total revenue	$	410,561	$	266,980	$	301,495

Revenue and long‑lived assets by geographic region, based on the physical location of the operation recording the sale or the asset, are as follows:

			Long-Lived
	Revenue		Assets
	(in thousands)
2017
United States	$	313,916	$	56,089
Europe		26,936		—
Asia Pacific		69,709		707
	$	410,561	$	56,796
2016
United States	$	191,261	$	52,006
Europe		25,436		—
Asia Pacific		50,283		517
	$	266,980	$	52,523
2015
United States	$	226,890	$	41,729
Europe		24,209		—
Asia Pacific		50,396		334
	$	301,495	$	42,063

Long‑lived assets consist of property, plant and equipment, net, and assets manufactured for internal use. Operations in Europe and Asia Pacific consist of sales and service organizations.

International revenue, which includes export sales from U.S. manufacturing facilities to foreign customers and sales by foreign subsidiaries and branches, was $348.5 million (84.9% of total revenue), $213.8 million (80.0% of total revenue) and $256.5 million (85.1% of total revenue) in 2017, 2016 and 2015, respectively.