Segment Reporting

6 Months Ended

Jul. 31, 2017

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. 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 based on bill-to location for the periods indicated. Prior period revenue amounts by geographic region have been reclassified to conform to the fiscal year 2018 presentation. These reclassifications did not impact total revenues in the prior periods.

	Three Months Ended July 31,				Six Months Ended July 31,
	2017		2016		2017		2016
	(in thousands)
Taiwan	$	48,052	$	46,803	$	94,468	$	88,905
Asia Pacific		12,291		11,577		24,050		19,163
Europe		6,444		3,282		8,344		8,634
North America other than United States		2,979		1,095		4,984		1,365
United States		1,864		2,385		3,919		4,232
Total revenue	$	71,630	$	65,142	$	135,765	$	122,299

As of July 31, 2017, substantially all of the Company’s property and equipment, net were located in the United States and Asia Pacific region with approximate net amounts of $2.3 million and $2.4 million, respectively.

Major Customers

For the three and six months ended July 31, 2017, the only customer representing 10% or more of revenue and accounts receivable was Wintech, the Company’s logistics provider, which accounted for approximately 67% and 70% of total revenue, respectively. For the three months ended July 31, 2016, the customers representing 10% or more of revenue and accounts receivable were Wintech and Chicony Electronics Co., Ltd. (“Chicony”), a direct ODM customer, which accounted for approximately 72% and 12% of total revenue, respectively. For the six months ended July 31, 2016, the only customer representing 10% or more of revenue and accounts receivable was Wintech, which accounted for approximately 73% of total revenue. Accounts receivable with Wintech accounted for approximately $23.2 million and $19.3 million as of July 31, 2017 and January 31, 2017, respectively.