v2.4.0.8
Segment Information and Enterprise Reporting
12 Months Ended
Dec. 28, 2013
Segment Reporting [Abstract]  
Segment Information and Enterprise Reporting
Segment Information and Enterprise Reporting
The Company’s chief decision maker, the Chief Executive Officer, reviews financial information presented on a consolidated basis, accompanied by disaggregated information about revenues by geographic region for purposes of making operating decisions and assessing financial performance. Accordingly, the Company considers itself to be in a single reporting segment, specifically noninvasive patient monitoring solutions and related products. The Company does not assess the performance of its geographic regions on other measures of comprehensive income or expense, such as depreciation and amortization, operating income or net income including noncontrolling interests. In addition, the Company’s assets are primarily located in the U.S. The Company does not produce reports for, or measure the performance of, its geographic regions on any asset-based metrics. Therefore, geographic information is presented only for revenues.
The following schedule presents an analysis of the Company’s product revenue based upon the geographic area to which the product was shipped (in thousands):
 
Year ended
December 28, 2013
 
Year ended
December 29, 2012
 
Year ended
December 31, 2011
Geographic Area by Destination
 
 
 
 
 
 
 
 
 
 
 
North and South America
$
378,810

 
73
%
 
$
341,672

 
73
%
 
$
301,583

 
74
%
Europe, Middle East and Africa
83,430

 
16

 
68,010

 
15

 
58,617

 
14

Asia and Australia
55,189

 
11

 
55,246

 
12

 
46,287

 
12

Total product revenue
$
517,429

 
100
%
 
$
464,928

 
100
%
 
$
406,487

 
100
%
United States
$
361,631

 
 
 
$
327,574

 
 
 
$
287,138

 
 

The Company possesses licenses from the U.S. Treasury Department’s Office of Foreign Assets Control for conducting business with certain countries identified by the State Department as state sponsors of terrorism. Although the Company does not have any subsidiaries, affiliates, offices, investments or employees in any country identified as a state sponsor of terrorism, the Company has conducted an immaterial amount of business with distributors in Iran, Sudan and Syria relating to sale of products during the prior two fiscal years. The Company does not believe that these activities are material to its business, financial condition or results of operations.