Segment and Enterprise Wide Disclosures

12 Months Ended

Mar. 31, 2013

Segment and Enterprise Wide Disclosures

Note 13. Segment and Enterprise Wide Disclosures

The Company operates in one business segment—the research, development and sale of medical devices to assist or replace the pumping function of the failing heart. The Company’s chief operating decision maker (determined to be the Chief Executive Officer) does not manage any part of the Company separately, and the allocation of resources and assessment of performance are based on the Company’s consolidated operating results. Approximately 71% and 68% of the Company’s total consolidated assets are located within the U.S. as of March 31, 2013 and 2012, respectively. The remaining assets are located in Europe and are primarily related to the Company’s Impella production facility in Germany, and include goodwill and intangibles of $35.4 million and $37.0 million at March 31, 2013 and 2012, respectively, associated with the Impella acquisition in May 2005. Total assets in Europe excluding goodwill and intangibles amounted to 8% of total consolidated assets at each of March 31, 2013 and 2012. International sales (sales outside the U.S. and primarily in Europe) accounted for 7%, 8% and 8% of total product revenue during the fiscal years ended March 31, 2013, 2012 and 2011, respectively.