Segment Reporting and Geographic Information

12 Months Ended

Dec. 31, 2014

Segment Reporting and Geographic Information

Segment Reporting and Geographic Information

Note 19 — Segment Reporting and Geographic Information

The Company operates and measures its results in one operating segment and therefore has one reportable segment: the design, development, manufacture, and support of thin film process equipment primarily sold to make electronic devices. The Company’s Chief Operating Decision Maker, the Chief Executive Officer, evaluates performance of the Company and makes decisions regarding allocation of resources based on total Company results.

Revenue by major class of product is as follows:

	Year ended December 31,
	2014		2013		2012
	(in thousands)
MOCVD	$	279,751	$	219,914	$	314,152
MBE	28,033		29,419		49,029
Surface Processing	7,906		—		—
Ion Beam and other	77,183		82,416		152,839
Total Revenue	$	392,873	$	331,749	$	516,020

The Company’s significant operations outside the United States include sales and service offices in Asia-Pacific and Europe. For geographic reporting, revenues are attributed to the location in which the customer facility is located. Revenue and long-lived tangible assets by geographic region is as follows:

	Net Sales to Unaffiliated Customers						Long-Lived Tangible Assets
	2014		2013		2012		2014		2013		2012
	(in thousands)
United States	$	44,060	$	57,609	$	83,317	$	63,349	$	66,002	$	74,497
Asia Pacific(1)	311,182		252,199		390,995		15,325		23,042		23,769
EMEA(2) and other	37,631		21,941		41,708		78		95		36
Total	$	392,873	$	331,749	$	516,020	$	78,752	$	89,139	$	98,302

(1) Net sales to customers in China were 40%, 45%, and 42% of total net sales for the years ended December 31, 2014, 2013, 2012, respectively.

(2) Consists of Europe, the Middle East, and Africa