Segment Information

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Segment Information

18. Segment Information

The Company reports two operating segments, U.S. and International, based on geographic customer base. The results of these operating segments are regularly reviewed by the Company’s chief operating decision maker, the President and Chief Executive Officer. The Company’s segments derive revenues through the manufacturing, marketing, selling and distribution of medical imaging products, focused primarily on cardiovascular diagnostic imaging. The U.S. segment comprises 83.5% and 84.2% of consolidated revenues for the three and six months ended June 30, 2016 as compared to 79.6% and 80.4% for the prior year comparative periods.

Selected information for each business segment are as follows (in thousands):

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Revenues
U.S.	$	72,244		$	64,689		$	143,014		$	130,477
International		12,832			14,936			24,373			29,092
Total revenue, including inter-segment		85,076			79,625			167,387			159,569
Less inter-segment revenue		(7,110	)		(6,311	)		(12,947	)		(11,432	)
	$	77,966		$	73,314		$	154,440		$	148,137
Revenues from external customers
U.S.	$	65,134		$	58,378		$	130,067		$	119,045
International		12,832			14,936			24,373			29,092
	$	77,966		$	73,314		$	154,440		$	148,137
Operating income
U.S.	$	15,931		$	3,442		$	29,335		$	16,121
International		(1,443	)		2,059			2,691			585
Total operating income, including inter-segment		14,488			5,501			32,026			16,706
Inter-segment operating (loss) income		(309	)		(145	)		(174	)		28
Operating income		14,179			5,356			31,852			16,734
Interest expense, net		(6,978	)		(13,876	)		(13,996	)		(24,499	)
Loss on extinguishment of debt		—			(15,528	)		—			(15,528	)
Other income, net		396			800			454			417
Income (loss) before income taxes	$	7,597		$	(23,248	)	$	18,310		$	(22,876	)