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Segment Reporting
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment Reporting

Note 13 — Segment Reporting

We operate in one business segment which focuses on applying our technology platforms to improve the performance of established and novel medicines. We operate in one segment because our business offerings have similar economics and other characteristics, including the nature of products and manufacturing processes, types of customers, distribution methods and regulatory environment. We are comprehensively managed as one business segment by our Chief Executive Officer.  

Our revenue is derived primarily from clients in the pharmaceutical and biotechnology industries. AstraZeneca, UCB, Ophthotech and Roche represented 29%, 21%, 19% and 11% of our revenue, respectively, for the year ended December 31, 2016. Revenue from AstraZeneca and UCB represented 57% and 13%  of our revenue, respectively, for the year ended December 31, 2015.  Revenue from AstraZeneca, UCB and Roche represented 52%, 16% and 11%  of our revenue, respectively, for the year ended December 31, 2014.

Revenue by geographic area is based on the locations of our partners. The following table sets forth revenue by geographic area (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2016

 

 

2015

 

 

2014

 

United States

 

$

39,147

 

 

$

40,400

 

 

$

32,514

 

Europe

 

 

126,289

 

 

 

190,384

 

 

 

168,193

 

Total revenue

 

$

165,436

 

 

$

230,784

 

 

$

200,707

 

 

At December 31, 2016, $48.8 million, or approximately 74%, of the net book value of our property, plant and equipment was located in the United States, $10.4 million, or approximately 16% was located at contract manufacturers in Germany and the Netherlands, $5.6 million, or approximately 9%, was located in India, and $0.8 million or approximately 1%, was located in other countries. At December 31, 2015, $54.2 million, or approximately 76%, of the net book value of our property, plant and equipment was located in the United States, $11.1 million, or approximately 16% was located at contract manufacturers in Germany and the Netherlands, and $6.0 million, or approximately 8%, was located in India.