XML 28 R25.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment Information
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company reports two operating segments, U.S. and International, based on geographic customer base. The results of these operating segments are regularly reviewed by the Company’s chief operating decision maker, the President and Chief Executive Officer. The Company’s segments derive revenues through the manufacture, marketing, selling and distribution of medical imaging products, focused primarily on cardiovascular diagnostic imaging. All goodwill has been allocated to the U.S. operating segment. The Company does not identify or allocate assets to its segments.
Selected information regarding the Company’s segments are provided as follows:
 
Year Ended
December 31,
(in thousands)
2019
 
2018
 
2017
Revenue by product from external customers
 
 
 
 
 
U.S.
 
 
 
 
 
DEFINITY
$
211,777

 
$
178,440

 
$
153,581

TechneLite
72,534

 
74,042

 
90,489

Other nuclear
36,231

 
48,935

 
54,822

Rebates and allowances
(16,553
)
 
(12,837
)
 
(8,890
)
Total U.S. Revenues
303,989

 
288,580

 
290,002

International
 
 
 
 
 
DEFINITY
5,731

 
4,633

 
3,687

TechneLite
14,058

 
24,816

 
14,155

Other nuclear
23,574

 
25,349

 
23,558

Rebates and allowances
(15
)
 
(4
)
 
(24
)
Total International Revenues
43,348

 
54,794

 
41,376

Worldwide
 
 
 
 
 
DEFINITY
217,508

 
183,073

 
157,268

TechneLite
86,592

 
98,858

 
104,644

Other nuclear
59,805

 
74,284

 
78,380

Rebates and allowances
(16,568
)
 
(12,841
)
 
(8,914
)
Total Revenues
$
347,337

 
$
343,374

 
$
331,378


 
Year Ended
December 31,
(in thousands)
2019
 
2018
 
2017
Geographical revenues
 
 
 
 
 
U.S.
$
303,989

 
$
288,580

 
$
290,002

International
43,348

 
54,794

 
41,376

Total revenues
$
347,337

 
$
343,374

 
$
331,378

 
 
 
 
 
 
Operating income
 
 
 
 
 
U.S.
$
44,275

 
$
56,327

 
$
49,239

International
7,386

 
8,161

 
2,614

Operating income
51,661

 
64,488

 
51,853

Interest expense
13,617

 
17,405

 
18,410

Loss on extinguishment of debt
3,196

 

 
2,442

Other expense (income)
6,221

 
(2,465
)
 
(8,638
)
Income before income taxes
$
28,627

 
$
49,548

 
$
39,639

 
 
 
 
 
 
Depreciation and amortization
 
 
 
 
 
U.S.
$
11,673

 
$
12,278

 
$
17,672

International
414

 
491

 
517

Total depreciation and amortization
$
12,087

 
$
12,769

 
$
18,189

 
December 31,
(in thousands)
2019
 
2018
Long-lived assets
 
 
 
U.S.
$
115,560

 
$
106,755

International
937

 
1,133

Total long-lived assets
$
116,497

 
$
107,888