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Business Segment Information

12 Months Ended

Dec. 31, 2018

Business Segment Information

Business Segment Information

Note 11.  Business segment information

Operating segments are identified as components of an enterprise about which segment discrete financial information is available for evaluation by the chief operating decision maker in making decisions regarding resource allocation and assessing performance. The Company operates its business on the basis of one reportable segment—ophthalmic medical devices.

		Year ended
		December 31,
Geographic net sales information (in thousands)		2018			2017			2016
United States		$	151,677		$	140,902		$	104,995
International			29,601			18,352			9,402
Total net sales		$	181,278		$	159,254		$	114,397

		Property and equipment, net									Depreciation and amortization									Capital expenditures
		As of December 31,									Year ended December 31,									Year ended December 31,
		2018			2017			2016			2018			2017			2016			2018			2017			2016
United States		$	19,040		$	11,677		$	7,463		$	6,234		$	5,406		$	4,654		$	10,288		$	6,051		$	6,493
International			113			117			130			30			76			68			27			221			56
Total		$	19,153		$	11,794		$	7,593		$	6,264		$	5,482		$	4,722		$	10,315		$	6,272		$	6,549

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- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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