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GEOGRAPHIC AND SEGMENT INFORMATION
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
GEOGRAPHIC AND SEGMENT INFORMATION
GEOGRAPHIC AND SEGMENT INFORMATION

Operating segments are aggregated into reportable segments only if they exhibit similar economic characteristics. In addition to similar economic characteristics, we also consider the following factors in determining the reportable segments: the nature of business activities, the management structure directly accountable to our chief operating decision maker for operating and administrative activities, availability of discrete financial information and information presented to the Board of Directors and investors.

Our reportable segments are disclosed as principally organized and managed as two operating segments: Advanced Energy and OEM. "Corporate & Other" includes certain unallocated corporate and administrative costs which were not specifically attributed to any reportable segment. Net assets are shared, therefore, not allocated to the reportable segments. The OEM segment is primarily development and manufacturing contract and product driven, all related expenses are recorded as cost of sales, therefore no segment specific operating expenses are incurred.


Summarized financial information with respect to reportable segments is as follows:
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2019
(In thousands)
Advanced Energy
 
OEM
 
Corporate & Other
 
Total
Sales
$
6,094

 
$
1,481

 
$

 
$
7,575

 
 
 
 
 
 
 
 
Income (loss) from continuing operations
(1,357
)
 
268

 
(3,608
)
 
(4,697
)
 
 
 
 
 
 
 
 
Interest income

 

 
327

 
327

Other income, net

 

 
230

 
230

Income tax expense

 

 
(171
)
 
(171
)
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2018
(In thousands)
Advanced Energy
 
OEM
 
Corporate & Other
 
Total
Sales
$
2,985

 
$
687

 
$

 
$
3,672

 
 
 
 
 
 
 
 
Income (loss) from continuing operations
(1,155
)
 
368

 
(2,009
)
 
(2,796
)
 
 
 
 
 
 
 
 
Interest income, net

 

 
105

 
105

Income tax benefit

 

 
2,408

 
2,408

 
Nine Months Ended September 30, 2019
(In thousands)
Advanced Energy
 
OEM
 
Corporate & Other
 
Total
Sales
$
15,734

 
$
4,038

 
$

 
$
19,772

 
 
 
 
 
 
 
 
Income (loss) from continuing operations
(5,756
)
 
995

 
(10,174
)
 
(14,935
)
 
 
 
 
 
 
 
 
Interest income

 

 
1,153

 
1,153

Other income, net

 

 
5

 
5

Income tax expense


 

 
(123
)
 
(123
)
 
Nine Months Ended September 30, 2018
(In thousands)
Advanced Energy
 
OEM
 
Corporate & Other
 
Total
Sales
$
8,727

 
$
2,033

 
$

 
$
10,760

 
 
 
 
 
 
 
 
Income (loss) from continuing operations
(2,525
)
 
1,076

 
(7,000
)
 
(8,449
)
 
 
 
 
 
 
 
 
Interest income, net

 

 
33

 
33

Change in value of derivative liabilities

 

 
20

 
20

Income tax benefit


 

 
2,384

 
2,384



International sales represented approximately 26.7% of total revenues for the three months ended September 30, 2019, as compared with 24.8% of total revenues for the same prior year period. International sales represented approximately 29.2% of total revenues for the nine months ended September 30, 2019, as compared with 21.2% of total revenues for the same prior year period.

Substantially all of these sales are denominated in U.S. dollars. Revenue by geographic region, based on the customer's “ship to” location on the invoice, are as follows:
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
(In thousands)
2019
 
2018
 
2019
 
2018
Sales by Domestic and International
 
 
 
 
 
 
 
Domestic
$
5,552

 
$
2,763

 
$
14,002

 
$
8,481

International
2,023

 
909

 
5,770

 
2,279

Total
$
7,575

 
$
3,672

 
$
19,772

 
$
10,760