Note

– Segment Reporting

The Company’s reportable segments are based on the internal reporting used by the Company’s CEO, who is the chief operating decision maker (CODM), to assess operating performance and make decisions about the allocation of resources. The Company’s reportable segments are based upon geographic region, consisting of the United States and Europe. The Corporate Unallocated and Japan category includes non-reportable segments, as well as research and development and general and administrative costs that are global in nature and that the Company does

not

allocate directly to its operating segments.

Revenue in the United States is derived from Injection Molding, CNC Machining,

Printing and Sheet Metal product lines. Revenue in Europe is derived from Injection Molding, CNC Machining, and

Printing product lines. Revenue in Japan is derived from Injection Molding and CNC Machining product lines. Injection Molding revenue consists of sales of custom injection molds and injection-molded parts. CNC Machining revenue consists of sales of CNC-machined and lathe-turned customer parts.

Printing revenue consists of sales of

-printed parts. Sheet Metal revenue consists of sales of fabricated sheet metal parts.

The accounting policies of the reportable segments are the same as those described in Note

– Summary of Significant Accounting Policies. Intercompany transactions primarily relate to intercontinental activity and have been eliminated and are excluded from the reported amounts. The difference between income from operations and pre-tax income relates to foreign currency-related gains and losses and interest income on cash balances and investments, which are

not

allocated to business segments.

Revenue and income from operations by reportable segment are as follows:


	Year Ended December 31,
(in thousands)	2018		2017		2016
Revenue:
United States	$	350,535	$	263,086	$	223,930
Europe		80,889		70,154		63,365
Japan		14,172		11,250		10,760
Total revenue	$	445,596	$	344,490	$	298,055


	Year Ended December 31,
(in thousands)	2018			2017			2016
Income from Operations:
United States	$	120,641		$	103,136		$	89,308
Europe		16,804			12,846			11,657
Corporate Unallocated and Japan		(48,547	)		(43,756	)		(39,198	)
Total income from operations	$	88,898		$	72,226		$	61,767

Total long-lived assets, expenditures for additions to long-lived assets and depreciation and amortization expense are as follows:


	December 31,		December 31,		December 31,
(in thousands)	2018		2017		2016
Long-lived assets:
United States	$	185,979	$	125,308	$	108,650
Europe		34,577		33,691		23,199
Japan		7,445		7,441		7,625
Total long-lived assets	$	228,001	$	166,440	$	139,474


	Year Ended December 31,
(in thousands)	2018		2017		2016
Expenditures for additions to long-lived assets:
United States	$	78,762	$	20,370	$	21,190
Europe		7,576		11,704		5,954
Japan		766		561		6,472
Total expenditures for additions to long-lived assets	$	87,104	$	32,635	$	33,616


	Year Ended December 31,
(in thousands)	2018		2017		2016
Depreciation and Amortization:
United States	$	21,117	$	13,267	$	12,533
Europe		4,679		4,174		3,386
Japan		958		1,033		1,566
Total depreciation and amortization	$	26,754	$	18,474	$	17,485