XML 45 R23.htm IDEA: XBRL DOCUMENT v3.23.2
Segment Disclosure
12 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Disclosure

Note 14. Segment Disclosure

The Company has one operating and reporting segment (oncology systems group), which develops, manufactures and markets proprietary medical devices used in radiation therapy for the treatment of cancer patients. The Company’s Chief Executive Officer, its Chief Operating Decision Maker, reviews financial information presented on a consolidated basis for purposes of making operating decisions and assessing financial performance. The Company does not assess the performance of its individual product lines on measures of profit or loss, or asset based metrics. Therefore, the information below is presented only for revenues and long‑lived tangible assets by geographic areas.

 

Disaggregation of Revenues

The Company disaggregates its revenues from contracts by geographic region, as the Company believes this best depicts how the nature, amount, timing and uncertainty of revenues and cash flows are affected by economic factors. The Company reports its customer revenues in four geographic regions: the Americas, EIMEA, Asia Pacific and Japan. The Americas region primarily includes the United States, Canada, and Latin America. The EIMEA region includes Europe, India, the Middle East and Africa. The Asia Pacific region consists of Asia, Australia and New Zealand.

Additionally, the Company typically recognizes revenue at a point in time for product revenue and recognizes revenue over time for service revenue. Revenues attributed to a country or region are based on the shipping addresses of the Company’s customers.

The following summarizes revenue by geographic region (in thousands):

 

 

 

Years ended June 30,

 

 

 

2023

 

 

2022

 

 

2021

 

Americas

 

$

122,335

 

 

$

126,005

 

 

$

105,878

 

EIMEA

 

 

155,879

 

 

 

134,640

 

 

 

121,568

 

China

 

 

75,762

 

 

 

86,935

 

 

 

79,782

 

Japan

 

 

61,962

 

 

 

53,376

 

 

 

62,636

 

Asia Pacific, excluding China

 

 

31,667

 

 

 

28,953

 

 

 

26,425

 

Total revenues

 

$

447,605

 

 

$

429,909

 

 

$

396,289

 

The following summarizes countries that represent more than ten percent of the Company’s revenues (in thousands):

 

 

 

Years ended June 30,

 

 

 

2023

 

 

2022

 

 

2021

 

United States

 

 

24

%

 

 

26

%

 

 

25

%

China

 

 

17

%

 

 

20

%

 

 

20

%

Japan

 

 

14

%

 

 

12

%

 

 

16

%

Rest of world

 

 

45

%

 

 

42

%

 

 

39

%

Total revenues

 

 

100

%

 

 

100

%

 

 

100

%

Disaggregation of Property and Equipment, Net

 

Information regarding geographic areas in which the Company has property and equipment, net is as follows (in thousands):

 

 

 

June 30,
2023

 

 

June 30,
2022

 

Americas

 

$

20,065

 

 

$

11,251

 

EIMEA

 

 

177

 

 

 

228

 

Asia Pacific, excluding China

 

 

202

 

 

 

272

 

Japan

 

 

122

 

 

 

265

 

China

 

 

360

 

 

 

669

 

Total property and equipment, net

 

$

20,926

 

 

$

12,685

 

Property and equipment, net in the Americas region is located in the United States.