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Segment Information and Enterprise Reporting
6 Months Ended
Jun. 27, 2020
Segment Reporting [Abstract]  
Segment Information and Enterprise Reporting
22. Segment Information and Enterprise Reporting
The Company operates in one segment based upon the Company’s organizational structure and the way in which the Company’s chief operating decision maker, the CEO, reviews financial information, including gross profit, operating expenses, operating income, and net income presented on a consolidated basis, accompanied by disaggregated information about revenues by geographic region, for purposes of making operating decisions and assessing financial performance. 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):
 
Three Months Ended
 
Six Months Ended
 
June 27,
2020
 
June 29,
2019
 
June 27,
2020
 
June 29,
2019
Geographic area by destination:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
United States (U.S.)
$
194,721

 
64.7
%
 
$
155,513

 
67.8
%
 
$
384,240

 
67.3
%
 
$
312,181

 
67.9
%
Europe, Middle East and Africa
68,167

 
22.7

 
45,406

 
19.8

 
122,524

 
21.5

 
93,878

 
20.4

Asia and Australia
26,259

 
8.7

 
21,685

 
9.4

 
45,572

 
8.0

 
39,803

 
8.7

North and South America (excluding the U.S.)
11,806

 
3.9

 
6,906

 
3.0

 
18,242

 
3.2

 
14,196

 
3.0

     Total product revenue
$
300,953

 
100.0
%
 
$
229,510

 
100.0
%
 
$
570,578

 
100.0
%
 
$
460,058

 
100.0
%

The Company’s consolidated long-lived assets (tangible non-current assets) by geographic area are (in thousands, except percentages):
 
June 27,
2020
 
December 28,
2019
Long-lived assets by geographic area:
 
 
 
 
 
 
 
United States
$
236,880

 
89.4
%
 
$
216,650

 
98.5
%
International
28,164

 
10.6

 
3,276

 
1.5

     Total long-lived assets
$
265,044

 
100.0
%
 
$
219,926

 
100.0
%

During the three and six months ended June 27, 2020 and June 29, 2019, the Company had sales of medical products destined for Iran. These activities, which are not financially material to the Company’s business, financial condition or results of operations, were undertaken in accordance with general licenses authorizing such activities issued by the U.S. Treasury Department’s Office of Foreign Assets Control. The Company does not have any subsidiaries, affiliates, offices, investments or employees in any countries subject to economic sanctions and embargoes imposed by the United States. In addition, the Company did not have any sales to customers in Sudan or Syria during the three and six months ended June 27, 2020 and June 29, 2019.