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Business Segments
9 Months Ended
Sep. 27, 2014
Segment Reporting [Abstract]  
Business Segments

9. Business Segments

The Company operates in one segment, ophthalmology. The Company develops, manufactures and markets medical devices. Our revenues arise from the sale of consoles, delivery devices, consumables, service and support activities.

Revenue information shown by geographic region, based on the location at which each sale originates, is as follows:

 

 

Three Months Ended

 

 

Nine Months Ended

 

(in thousands)

September 27,
2014

 

 

September 28,
2013

 

 

September 27,
2014

 

 

September 28,
2013

 

United States

$

5,547

 

 

$

5,572

 

 

$

16,236

 

 

$

14,743

  

Europe

 

2,011

 

 

 

1,942

 

 

 

6,587

 

 

 

5,543

  

Rest of Americas

 

822

 

 

 

578

 

 

 

2,431

 

 

 

2,369

  

Asia/Pacific Rim

 

1,738

 

 

 

1,434

 

 

 

5,782

 

 

 

5,020

  

 Total

$

10,118

 

 

$

9,526

 

 

$

31,036

 

 

$

27,675

  

 

Revenues are attributed to countries based on location of end customers. No individual country accounted for more than 10% of the Company’s sales for the three and nine month periods, except for the United States, which accounted for 54.8% and 58.5% of sales for the three month periods ended September 27, 2014 and September 28, 2013, respectively. For the nine month periods ended September 27, 2014 and September 28, 2013, the United States accounted for 52.3% and 53.3% of sales, respectively.

No one customer accounted for more than 10% of total revenues for the three and nine month periods ended September 27, 2014 and September 28, 2013, respectively.

No one customer accounted for more than 10% of accounts receivable balance as of September 27, 2014 or December 28, 2013.