XML 50 R18.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Reporting
3 Months Ended
Apr. 30, 2015
Segment Reporting [Abstract]  
Segment Reporting

12. Segment Reporting

The Company operates in one reportable segment related to the development and sales of low-power, high-definition video products. The Chief Executive Officer of the Company has been identified as the Chief Operating Decision Maker (the “CODM”) and manages the Company’s operations as a whole and for the purpose of evaluating financial performance and allocating resources, the CODM reviews financial information presented on a consolidated basis accompanied by information by customer and geographic region.

Geographic Revenue

The following table sets forth the Company’s revenue by geographic region for the periods indicated:

 

 

 

Three Months Ended April 30,

 

 

 

2015

 

 

2014

 

 

 

(in thousands)

 

Hong Kong

 

$

65,690

 

 

$

35,394

 

Asia Pacific

 

 

484

 

 

 

633

 

United States

 

 

1,206

 

 

 

2,147

 

North America other than United States

 

 

1,443

 

 

 

1,271

 

Europe

 

 

2,190

 

 

 

1,476

 

Total revenue

 

$

71,013

 

 

$

40,921

 

As of April 30, 2015, substantially all of the Company’s long-lived assets were located in the United States and Asia Pacific region with approximate net amount of $1.9 million and $1.1 million, respectively.

Major Customers

The customers representing 10% or more of revenue and accounts receivable were Wintech, the Company’s logistic provider, and Chicony, a direct ODM customer, which combined accounted for approximately 91% and 86% of total revenue for the three months ended April 30, 2015 and 2014, respectively. Accounts receivable with these two customers combined accounted for approximately $36.1 million and $36.2 million as of April 30, 2015 and January 31, 2015, respectively.