Revenue Concentrations, Significant Customers And Geographic Areas

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Revenue Concentrations, Significant Customers And Geographic Areas

REVENUE CONCENTRATIONS, SIGNIFICANT CUSTOMERS AND GEOGRAPHIC AREAS:

Export sales as a percentage of total sales in the three and six months ended June 30, 2016 were 81% and 83%, respectively. Export sales as a percentage of total sales in the three and six months ended June 30, 2015 were 74% and 73%, respectively. Virtually all of our export sales are negotiated, invoiced and paid in U.S. dollars. Export sales by geographic area are summarized as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)	2016		2015		2016		2015
Americas	$	29	$	201	$	770	$	269
Europe	5,756		2,871		9,871		5,591
Asia	9,262		4,327		20,647		8,353
Other	19		144		34		241
Total export sales	$	15,066	$	7,543	$	31,322	$	14,454

Our LaserAlign sensor products have historically accounted for a significant portion of our revenues and profitability. Our revenue, results of operations and cash flows could be negatively impacted if our LaserAlign customers are unsuccessful selling the products into which our sensors are incorporated, design their products to function without our sensors, purchase sensors from other suppliers, or otherwise terminate their relationships with us.

In the six months ended June 30, 2016, sales to significant customer A accounted for 12% of our total revenue, sales to significant customer B accounted for 17% of our total revenue and sales to significant customer C accounted for 11% of our total revenue. As of June 30, 2016, there were no accounts receivable from significant customer A, accounts receivable from significant customer B were $2.4 million, and accounts receivable from significant customer C were $671,000.