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Segment Information
6 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Information

Note 13. Segment Information

 

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 area.

 

 

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. 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 is based on the shipping addresses of the Company’s customers. The following summarizes revenue by geographic region (in thousands):

 

 

 

Three Months Ended

December 31,

 

 

Six Months Ended

December 31,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Americas

 

$

25,332

 

 

$

32,393

 

 

$

53,356

 

 

$

61,822

 

Europe, Middle East, India and Africa

 

 

28,015

 

 

 

33,999

 

 

 

56,598

 

 

 

65,599

 

Asia Pacific, excluding Japan and China

 

 

3,958

 

 

 

7,756

 

 

 

13,582

 

 

 

15,415

 

Japan

 

 

15,363

 

 

 

17,619

 

 

 

27,516

 

 

 

32,100

 

China

 

 

24,791

 

 

 

7,059

 

 

 

31,739

 

 

 

13,467

 

Total

 

$

97,459

 

 

$

98,826

 

 

$

182,791

 

 

$

188,403

 

 

Information regarding geographic areas in which the Company has long-lived tangible assets is as follows (in thousands):

 

 

 

December 31,

 

 

June 30,

 

 

 

2020

 

 

2020

 

Americas

 

$

11,628

 

 

$

12,807

 

Europe, Middle East, India and Africa

 

 

352

 

 

 

373

 

Asia Pacific, excluding Japan and China

 

 

81

 

 

 

126

 

Japan

 

 

1,006

 

 

 

1,183

 

China

 

 

706

 

 

 

860

 

Total

 

$

13,773

 

 

$

15,349