Segment and Enterprise Wide Disclosures

3 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment and Enterprise Wide Disclosures

Note 15. 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. International sales (meaning sales outside the U.S., primarily in Europe) accounted for 18% and 15% of total revenue for the three months ended June 30, 2020 and 2019, respectively. The Company’s long-lived assets are located in the U.S., except for $48.9 million and $46.7 million at June 30, 2020 and March 31, 2020, respectively, which are located primarily in Germany.