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Segments
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
SEGMENTS
SEGMENTS
We manage our operations in two reportable segments, pharmaceutical and diagnostics. The pharmaceutical segment consists of our pharmaceutical operations we acquired in Chile, Mexico, Ireland, Israel and Spain and our pharmaceutical research and development. The diagnostics segment primarily consists of our clinical laboratory operations we acquired through the acquisitions of Bio-Reference and OPKO Lab and our point-of-care operations. There are no significant inter-segment sales. We evaluate the performance of each segment based on operating profit or loss. There is no inter-segment allocation of interest expense and income taxes.
Information regarding our operations and assets for our operating segments and the unallocated corporate operations as well as geographic information are as follows:
 
For the three months ended June 30,
 
For the six months ended June 30,
(In thousands)
2016
 
2015
 
2016
 
2015
Revenue from services:
 
 
 
 
 
 
 
Pharmaceutical
$

 
$

 
$

 
$

Diagnostics
266,012

 
1,848

 
518,534

 
3,857

Corporate

 
60

 

 
120

 
$
266,012

 
$
1,908

 
$
518,534

 
$
3,977

Product revenues:
 
 
 
 
 
 
 
Pharmaceutical
$
22,807

 
$
22,848

 
$
42,706

 
$
38,334

Diagnostics

 

 

 

Corporate

 

 

 

 
$
22,807

 
$
22,848

 
$
42,706

 
$
38,334

Revenue from transfer of intellectual property:
 
 
 
 
 
 
 
Pharmaceutical
$
68,281

 
$
17,673

 
$
86,898

 
$
30,202

Diagnostics

 

 

 

Corporate

 

 

 

 
$
68,281

 
$
17,673

 
$
86,898

 
$
30,202

Operating income (loss):
 
 
 
 
 
 
 
Pharmaceutical
$
35,345

 
$
(4,660
)
 
$
34,015

 
$
(42,584
)
Diagnostics
10,374

 
(7,098
)
 
8,019

 
(15,575
)
Corporate
(17,453
)
 
(12,905
)
 
(41,286
)
 
(22,882
)
Less: Operating loss attributable to noncontrolling interests

 
(746
)
 

 
(1,281
)
 
$
28,266

 
$
(25,409
)
 
$
748

 
$
(82,322
)
Depreciation and amortization:
 
 
 
 
 
 
 
Pharmaceutical
$
2,987

 
$
2,371

 
$
5,848

 
$
4,138

Diagnostics
21,573

 
1,754

 
40,893

 
3,501

Corporate
20

 
27

 
39

 
46

 
$
24,580

 
$
4,152

 
$
46,780

 
$
7,685

Net income (loss) from investment in investees:
 
 
 
 
 
 
 
Pharmaceutical
$
391

 
$
(804
)
 
$
(4,430
)
 
$
(2,565
)
Diagnostics
(2,379
)
 

 
97

 

Corporate

 

 

 

 
$
(1,988
)
 
$
(804
)
 
$
(4,333
)
 
$
(2,565
)
Revenues:
 
 
 
 
 
 
 
United States
$
266,044

 
$
2,525

 
$
518,482

 
$
5,019

Ireland
71,789

 
19,376

 
93,932

 
31,480

Chile
9,597

 
8,698

 
16,580

 
15,150

Spain
4,324

 
4,920

 
8,347

 
8,857

Israel
4,420

 
5,942

 
9,162

 
10,155

Mexico
926

 
968

 
1,635

 
1,852

 
$
357,100

 
$
42,429

 
$
648,138

 
$
72,513


(In thousands)
June 30,
2016
 
December 31,
2015
Assets:
 
 
 
Pharmaceutical
$
1,283,339

 
$
1,234,752

Diagnostics
1,408,619

 
1,421,034

Corporate
82,063

 
143,402

 
$
2,774,021

 
$
2,799,188

Goodwill:

 

Pharmaceutical
$
253,237

 
$
251,225

Diagnostics
437,823

 
492,123

Corporate

 

 
$
691,060

 
$
743,348



During the three and six months ended June 30, 2015, revenue recognized under the Pfizer Transaction represented 42% of our total revenue. Refer to Note 12. During the three months ended June 30, 2016, revenue recognized under the VFMCRP Agreement represented 14% of our total revenue. No customer represented more than 10% of our consolidated revenue during six months ended June 30, 2016. As of June 30, 2016 , no customer represented more than 10% of our accounts receivable balance. As of December 31, 2015, one customer represented more than 10% of our accounts receivable balance.