Segment and Geographic Information

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Segment and Geographic Information

Segment and Geographic Information

The Company operates in one segment, machine vision technology. The Company’s chief operating decision maker is the chief executive officer, who makes decisions to allocate resources and assesses performance at the corporate level. The Company offers a variety of machine vision products that have similar economic characteristics, have the same production processes, and are distributed by the same sales channels to the same types of customers.

The following table summarizes information about geographic areas (in thousands):

	United States		Europe		Greater China		Other		Total
Year Ended December 31, 2020
Revenue	$	280,205	$	208,787	$	168,287	$	153,741	$	811,020
Long-lived assets	60,911		20,014		1,278		4,764		$	86,967
Year Ended December 31, 2019
Revenue	$	247,689	$	227,738	$	115,061	$	135,137	$	725,625
Long-lived assets	68,496		21,691		1,487		3,602		$	95,276
Year Ended December 31, 2018
Revenue	$	231,760	$	311,914	$	123,708	$	138,956	$	806,338
Long-lived assets	67,156		23,948		1,482		2,735		$	95,321

Revenue is presented geographically based on the customer’s country of domicile. Revenue from a single customer accounted for 13% and 15% of total revenue in 2020 and 2018, respectively. Revenue from this customer was not greater than 10% of total revenue in 2019. Accounts receivable from this same customer accounted for 20%, 24%, and 30% of total accounts receivable as of December 31, 2020, 2019, and 2018, respectively. In 2020, a second customer accounted for 14% of total revenue. Accounts receivable from this second customer accounted for 19% of total accounts receivable as of December 31, 2020.