XML 29 R17.htm IDEA: XBRL DOCUMENT v3.5.0.2
Geographic Information
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Geographic Information
Geographic Information

Following the completion of the sale of the Tecnonet business unit on December 3, 2015, MRV now has only one reportable segment: Network Equipment.

The Network Equipment segment designs, manufactures, sells and services equipment used by commercial customers, governments and telecommunications service providers. Products include packet switching, optical transport, infrastructure management equipment and service orchestration and provisioning software.

Revenues:

The following table summarizes external revenue by geographic region for the three months ended September 30, 2016 and 2015 (in thousands):
Three months ended September 30:
 
2016
 
% of revenue
 
2015
 
% of revenue
Revenue:
 
 
 
 
 
 
 
 
United States
 
$
9,207

 
49
%
 
$
10,369

 
45
%
Americas (Excluding U.S.)
 
1,878

 
10
%
 
1,297

 
6
%
Europe
 
3,125

 
16
%
 
5,202

 
23
%
Asia Pacific
 
4,737

 
25
%
 
6,065

 
26
%
Total
 
$
18,947

 
100
%
 
$
22,933

 
100
%


A significant percentage of the revenues generated in the Asia Pacific region are derived from Australia and accounted for 22% and 25% of our consolidated revenue for the three months ended September 30, 2016 and 2015, respectively. Revenues generated in Europe and the Americas (excluding U.S.) did not reflect any significant individual country concentration for the three months ended September 30, 2016 and 2015.

The following table summarizes external revenue by geographic region for the nine months ended September 30, 2016 and 2015 (in thousands):
Nine months ended September 30:
 
2016
 
% of revenue
 
2015
 
% of revenue
Revenue:
 
 
 
 
 
 
 
 
United States
 
$
30,164

 
51
%
 
$
34,233

 
49
%
Americas (Excluding the U.S.)
 
5,833

 
10
%
 
5,917

 
9
%
Europe
 
10,573

 
18
%
 
14,731

 
21
%
Asia Pacific
 
12,843

 
21
%
 
14,756

 
21
%
Total
 
$
59,413

 
100
%
 
$
69,637

 
100
%


A significant percentage of the revenues generated in the Asia Pacific region are derived from Australia and accounted for 20% and 19% of our consolidated revenue for the nine months ended September 30, 2016 and 2015, respectively. Revenues generated in Europe and the Americas(excluding U.S.) did not reflect any significant individual country concentration for the nine months ended September 30, 2016 and 2015.

Significant Customers:

Revenue from one customer accounted for 21% and 25% of our consolidated revenue for the three months ended September 30, 2016 and 2015, respectively, and 16% and 19% of our consolidated revenue for the nine months ended September 30, 2016, and 2015, respectively. As of September 30, 2016 and December 31, 2015, amounts due from this customer accounted for 17% and 15% of our consolidated gross accounts receivables, respectively.

Revenue from another customer accounted for 11% and 13% of our consolidated revenue for the three months ended September 30, 2016 and 2015, respectively, and 13% of our consolidated revenue for the nine months ended September 30, 2016, and 2015. As of September 30, 2016 and December 31, 2015, amounts due from this customer accounted for 14% and 5% of our consolidated gross accounts receivables, respectively.

Long-lived Assets:

The following table summarizes long-lived assets, consisting of property and equipment, by geographic region (in thousands):
 
 
September 30, 2016
 
December 31, 2015
Americas
 
$
2,331

 
$
2,808

Europe
 
950

 
1,223

Asia Pacific
 
14

 
19

Total
 
$
3,295

 
$
4,050