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Segment Information
 3 Months Ended
Mar. 31, 2015
Segment Information [Abstract]  
Segment Information

(14)  Segment Information

 

The Company operates in one reportable business segment. The Company conducts its business through subsidiaries in the United States, a subsidiary in Israel that operates a research and production facility and sales and service offices, a subsidiary in Switzerland that operates a research and production facility, subsidiaries in France and Brazil that operate production facilities and sales and service offices, and other sales and service offices in Europe (Belgium, Germany, the United Kingdom, Italy and the Netherlands), Israel and in Asia Pacific (Australia, China, India, Japan and Korea). The Company has historically disclosed summarized financial information for the geographic areas of operations as if they were segments in accordance with ASC 280, “Segment Reporting.” Financial information concerning the Company’s geographical locations is based on the location of the selling entity. Such summarized financial information concerning the Company’s geographical operations is shown in the following tables:

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

(in thousands)

 

2015

 

2014

Revenue from unaffiliated customers:

 

 

 

 

 

 

Americas

 

$
86,262 

 

$
68,032 

Germany

 

 
21,250 

 

 
23,825 

Other EMEA

 

 
27,454 

 

 
23,739 

Asia Pacific

 

 
25,756 

 

 
32,162 

Total

 

$
160,722 

 

$
147,758 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

(in thousands)

 

2015

 

2014

Products

 

$
62,715 

 

$
60,753 

Materials

 

 
37,107 

 

 
40,441 

Services

 

 
60,900 

 

 
46,564 

Total revenue

 

$
160,722 

 

$
147,758 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31, 2015

 

 

Intercompany Sales to

(in thousands)

 

Americas

 

Germany

 

Other EMEA

 

Asia Pacific

 

Total

Americas

 

$
480 

 

$
10,134 

 

$
5,837 

 

$
4,973 

 

$
21,424 

Germany

 

 

—

 

 

 —

 

 
804 

 

 

—

 

 
804 

Other EMEA

 

 
14,915 

 

 
654 

 

 
864 

 

 
646 

 

 
17,079 

Asia Pacific

 

 
626 

 

 

—

 

 
13 

 

 
758 

 

 
1,397 

Total

 

$
16,021 

 

$
10,788 

 

$
7,518 

 

$
6,377 

 

$
40,704 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31, 2014

 

 

Intercompany Sales to

(in thousands) 

 

Americas

 

Germany

 

Other EMEA

 

Asia Pacific

 

Total

Americas

 

$

 —

 

$
10,937 

 

$
4,947 

 

$
2,346 

 

$
18,230 

Germany

 

 
409 

 

 

—

 

 
1,478 

 

 

—

 

 
1,887 

Other EMEA

 

 
10,043 

 

 
1,330 

 

 
332 

 

 
555 

 

 
12,260 

Asia Pacific

 

 
482 

 

 

—

 

 

—

 

 
682 

 

 
1,164 

Total

 

$
10,934 

 

$
12,267 

 

$
6,757 

 

$
3,583 

 

$
33,541 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended March 31,

(in thousands)

 

2015

 

2014

Income (loss) from operations:

 

 

 

 

 

 

Americas

 

$
(23,106)

 

$
(2,030)

Germany

 

 
1,840 

 

 
197 

Other EMEA

 

 
(1,335)

 

 
2,401 

Asia Pacific

 

 
5,584 

 

 
9,067 

Subtotal

 

 
(17,017)

 

 
9,635 

Inter-segment elimination

 

 
(507)

 

 
(118)

Total

 

$
(17,524)

 

$
9,517 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

(in thousands)

2015

 

2014

Assets:

 

 

 

 

 

Americas

$
920,092 

 

$  
1,018,113 

Germany 

 
53,448 

 

 
47,524 

Other EMEA

 
467,263 

 

 
382,259 

Asia Pacific 

 
72,624 

 

 
78,074 

Total

$
1,513,427 

 

$
1,525,970 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

(in thousands)

2015

 

2014

Cash and cash equivalents:

 

 

 

 

 

Americas

$
149,629 

 

$  
245,219 

Germany

 
13,419 

 

 
6,640 

Other EMEA

 
22,231 

 

 
15,556 

Asia Pacific 

 
14,617 

 

 
17,447 

Total

$
199,896 

 

$
284,862