Segment Reporting

12 Months Ended

Jan. 31, 2017

Segment Reporting [Abstract]

Segment Reporting

15. 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:

	Year Ended January 31,
	2017		2016		2015
	(in thousands)
Hong Kong	$	276,972	$	284,722	$	196,372
Europe		13,119		8,913		6,795
United States		7,038		8,855		6,677
North America other than United States		3,687		9,953		6,076
Asia Pacific		9,481		3,930		2,358
Total revenue	$	310,297	$	316,373	$	218,278

The classification by major geographic region is based on ship-to location but in a limited number of cases it is impractical to determine the geographic source of the revenue.

As of January 31, 2017, substantially all of the Company’s long-lived assets were located in the United States and Asia Pacific region with approximate net amount of $2.1 million and $2.3 million, respectively. As of January 31, 2016, substantially all of the Company’s long-lived assets were located in the United States and Asia Pacific region with approximate net amount of $1.6 million and $1.5 million, respectively.

Major Customers

For the year ended January 31, 2017, the customers representing 10% or more of revenue and accounts receivable were Wintech, the Company’s logistics provider, and GoPro, a direct OEM customer, which accounted for approximately 60% and 19% of total revenue, respectively. The revenues for GoPro in fiscal year 2017 included only direct shipments to GoPro and did not include shipments to GoPro’s various ODMs, either directly or through Wintech. We estimated that the revenues for shipments to GoPro’s various ODMs represented an additional approximately 5% of our total revenue in fiscal 2017. The customers representing 10% or more of revenue and accounts receivable for the years ended January 31, 2016 and 2015 were Wintech and Chicony Electronics Co., Ltd., or Chicony, a direct ODM customer. The revenue from Wintech accounted for approximately 67% and  57% of total revenue in fiscal year 2016 and 2015, respectively. The revenue from Chicony accounted for approximately 21% and 32% of total revenue in fiscal year 2016 and 2015, respectively. Accounts receivable with Wintech accounted for approximately $19.3 million and $20.6 million as of January 31, 2017 and 2016, respectively. Accounts receivable with GoPro accounted for approximately $11.3 million as of January 31, 2017. Accounts receivable with Chicony accounted for approximately $11.9 million as of January 31, 2016.