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Segments
6 Months Ended
Jun. 30, 2017
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 BioReference 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)
2017
 
2016
 
2017
 
2016
Revenue from services:
 
 
 
 
 
 
 
Pharmaceutical
$

 
$

 
$

 
$

Diagnostics
256,671

 
266,012

 
511,956

 
518,534

Corporate

 

 

 

 
$
256,671

 
$
266,012

 
$
511,956

 
$
518,534

Revenue from products:
 
 
 
 
 
 
 
Pharmaceutical
$
28,966

 
$
22,807

 
$
51,197

 
$
42,706

Diagnostics

 

 

 

Corporate

 

 

 

 
$
28,966

 
$
22,807

 
$
51,197

 
$
42,706

Revenue from transfer of intellectual property:
 
 
 
 
 
 
 
Pharmaceutical
$
28,576

 
$
68,281

 
$
47,154

 
$
86,898

Diagnostics

 

 

 

Corporate

 

 

 

 
$
28,576

 
$
68,281

 
$
47,154

 
$
86,898

Operating income (loss):
 
 
 
 
 
 
 
Pharmaceutical
$
(8,621
)
 
$
35,345

 
$
(31,258
)
 
$
34,015

Diagnostics
(4,944
)
 
10,374

 
(8,044
)
 
8,019

Corporate
(12,878
)
 
(17,453
)
 
(28,849
)
 
(41,286
)
 
$
(26,443
)
 
$
28,266

 
$
(68,151
)
 
$
748

Depreciation and amortization:
 
 
 
 
 
 
 
Pharmaceutical
$
6,694

 
$
2,987

 
$
13,469

 
$
5,848

Diagnostics
18,827

 
21,573

 
37,752

 
40,893

Corporate
30

 
20

 
60

 
39

 
$
25,551

 
$
24,580

 
$
51,281

 
$
46,780

Income (loss) from investment in investees:
 
 
 
 
 
 
 
Pharmaceutical
$
(5,309
)
 
$
391

 
$
(7,123
)
 
$
(4,430
)
Diagnostics
(319
)
 
(2,379
)
 
(635
)
 
97

Corporate

 

 

 

 
$
(5,628
)
 
$
(1,988
)
 
$
(7,758
)
 
$
(4,333
)
Revenues:
 
 
 
 
 
 
 
United States
$
266,874

 
$
266,044

 
$
522,514

 
$
518,482

Ireland
21,913

 
71,789

 
42,630

 
93,932

Chile
11,899

 
9,597

 
22,020

 
16,580

Spain
5,118

 
4,324

 
9,623

 
8,347

Israel
7,654

 
4,420

 
11,872

 
9,162

Mexico
724

 
926

 
1,589

 
1,635

Other
31

 

 
59



 
$
314,213

 
$
357,100

 
$
610,307

 
$
648,138


(In thousands)
June 30,
2017
 
December 31,
2016
Assets:
 
 
 
Pharmaceutical
$
1,294,645

 
$
1,294,916

Diagnostics
1,380,849

 
1,408,522

Corporate
93,200

 
63,181

 
$
2,768,694

 
$
2,766,619

Goodwill:

 

Pharmaceutical
$
259,288

 
$
251,817

Diagnostics
452,787

 
452,786

Corporate

 

 
$
712,075

 
$
704,603



One customer represented more than 10% of our total consolidated revenue during the three and six months ended June 30, 2017. As of June 30, 2017, no customer represented more than 10% of our accounts receivable balance. As of December 31, 2016, one customer represented more than 10% of our accounts receivable balance.