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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2018
Disaggregation of Revenue

Revenues for the three-month periods ended March 31, 2018 and 2017 were as follows:

 

     Three months ended
March 31,
 
(in thousands, except percentages)    2018      2017      $ Change      % Change  

Product revenue

   $ 44,799      $ 30,569      $ 14,230        47

Royalty and other revenue

     31        21        10        48
  

 

 

    

 

 

    

 

 

    

 

 

 

Total revenue

   $ 44,830      $ 30,590      $ 14,240        47
Disaggregation of Revenue from Contracts with Customers by Geographic Region

The following tables disaggregate the Company’s revenue from contracts with customers by geographic region (in thousands).

 

     Three months ended
March 31, 2018
 

North America

   $ 20,239  

Europe

     19,401  

Asia and Pacific

     4,947  

Other

     243  
  

 

 

 

Total revenue

   $ 44,830  
  

 

 

 
Revenue from Significant Customers

Revenue from significant customers is as follows (in thousands):

 

     Three months ended
March 31, 2018
 

GE Healthcare

   $ 7,717  

MilliporeSigma

   $ 6,465  
Summary of Receivables and Deferred Revenue from Contracts with Customers

The following table provides information about receivables and deferred revenue from contracts with customers as of March 31, 2018:

 

     2018  

Balances from contracts with customers only:

  

Accounts receivable

   $ 29,352  

Deferred revenue

     1,547  

Revenue recognized in the period relating to:

  

The beginning deferred revenue balance

   $ 434  

Changes in pricing related to products or services satisfied in previous periods

     —    

Impairment losses on receivables

     —