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Segment Information and Enterprise Reporting Segment Information and Enterprise Reporting
12 Months Ended
Dec. 29, 2018
Segment Reporting [Abstract]  
Segment Reporting Disclosure
Segment Information and Enterprise Reporting
The Company’s chief operating decision maker, the CEO, 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 income or expense, such as depreciation and amortization, operating income or net income. 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 and long-lived assets.
The following schedule presents an analysis of the Company’s product revenues based upon the geographic area to which the product was shipped (in thousands, except percentages):
 
Year ended
December 29,
2018
 
Year ended
December 30,
2017
As Adjusted
 
Year ended
December 31,
2016
As Adjusted
Geographic area by destination
 
 
 
 
 
 
 
 
 
 
 
United States
$
566,816

 
68.3
%
 
$
502,983

 
68.1
%
 
$
475,068

 
70.5
%
Europe, Middle East and Africa
160,910

 
19.4

 
138,689

 
18.8

 
113,015

 
16.8

Asia and Australia
75,534

 
9.1

 
72,434

 
9.8

 
66,136

 
9.8

North and South America (excluding United States)
26,614

 
3.2

 
24,136

 
3.3

 
19,743

 
2.9

     Total Product Revenue
$
829,874

 
100.0
%
 
$
738,242

 
100.0
%
 
$
673,962

 
100.0
%

The Company’s consolidated long-lived assets (total non-current assets excluding deferred taxes, goodwill and intangible assets) by geographic area are (in thousands, except percentages):
 
Year ended
December 29,
2018
 
Year ended
December 30,
2017
As Adjusted
 
Year ended
December 31,
2016
As Adjusted
Long-lived assets by geographic area
 
 
 
 
 
 
 
 
 
 
 
United States
$
280,215

 
94.3
%
 
$
265,678

 
95.6
%
 
$
224,540

 
95.8
%
International
17,075

 
5.7

 
12,342

 
4.4

 
9,893

 
4.2

     Total
$
297,290

 
100.0
%
 
$
278,020

 
100.0
%
 
$
234,433

 
100.0
%
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. The Company does not have any subsidiaries, affiliates, offices, investments or employees in any country identified as a state sponsor of terrorism. In addition, the Company did not have any sales to customers in Sudan or Syria during the years ended December 29, 2018, December 30, 2017 and December 31, 2016. However, the Company did have immaterial product sales related to certain customers in Iran during the years ended December 29, 2018, December 30, 2017 and December 31, 2016, but does not believe that such sales activities were material to its business, financial condition or results of operations.