XML 75 R23.htm IDEA: XBRL DOCUMENT
v3.19.3

Revenues | 9 Months Ended
--- | ---
Sep. 30, 2019
Revenues Disclosure [Abstract] |
Revenues | 17. Revenues The following table represents a disaggregation of revenue from contracts with customers. Revenue from continuing operations originating from the following geographic areas for the nine months ended September 30, 2019 and 2018 consist of:
| Three Months Ended September 30, 2019
|  | (in thousands)
| United States |  | United Kingdom |  | Germany |  | Rest of the world |  | Total
Instruments, equipment, software and accessories | $ | 19,388 |  | $ | 2,285 |  | $ | 2,772 |  | $ | 1,878 |  | $ | 26,323
Service, maintenance and warranty contracts |  | 822 |  |  | 198 |  |  | 51 |  |  | 24 |  |  | 1,095
Total revenues | $ | 20,210 |  | $ | 2,483 |  | $ | 2,823 |  | $ | 1,902 |  | $ | 27,418
| Three Months Ended September 30, 2018
|  | (in thousands)
| United States |  | United Kingdom |  | Germany |  | Rest of the world |  | Total
Instruments, equipment, software and accessories | $ | 19,458 |  | $ | 3,098 |  | $ | 2,479 |  | $ | 2,124 |  | $ | 27,159
Service, maintenance and warranty contracts |  | 1,077 |  |  | 297 |  |  | 79 |  |  | 23 |  |  | 1,476
Total revenues | $ | 20,535 |  | $ | 3,395 |  | $ | 2,558 |  | $ | 2,147 |  | $ | 28,635
| Nine Months Ended September 30, 2019
|  | (in thousands)
| United States |  | United Kingdom |  | Germany |  | Rest of the world |  | Total
Instruments, equipment and accessories | $ | 58,979 |  | $ | 7,814 |  | $ | 8,956 |  | $ | 5,675 |  | $ | 81,424
Service, maintenance and warranty contracts |  | 2,874 |  |  | 624 |  |  | 227 |  |  | 55 |  |  | 3,780
Total revenues | $ | 61,853 |  | $ | 8,438 |  | $ | 9,183 |  | $ | 5,730 |  | $ | 85,204
| Nine Months Ended September 30, 2018
|  | (in thousands)
| United States |  | United Kingdom |  | Germany |  | Rest of the world |  | Total
Instruments, equipment and accessories | $ | 56,153 |  | $ | 10,685 |  | $ | 9,485 |  | $ | 6,524 |  | $ | 82,847
Service, maintenance and warranty contracts |  | 3,107 |  |  | 631 |  |  | 277 |  |  | 54 |  |  | 4,069
Total revenues | $ | 59,260 |  | $ | 11,316 |  | $ | 9,762 |  | $ | 6,578 |  | $ | 86,916
Deferred revenue As of September 30, 2019 and December 31, 2018, the Company had approximately $3.6 million and $3.8 million, respectively, in deferred revenue comprised of revenue deferred from service contracts and revenue deferred from advance payments. Changes in defe r r ed revenue from service contracts and advance payments from customers during the nine months ended September 30, 2019 and 2018 were as follows:
(in thousands) | Service Contracts |  | Customer Advances |  | Total
Three Months Ended September 30, 2019 and 2018 |  |  |  |  |  |  |  |
Balance at June 30, 2019 | $ | 1,593 |  | $ | 1,939 |  | $ | 3,532
Deferral of revenue |  | 471 |  |  | 310 |  |  | 781
Recognition of deferred revenue |  | (358) |  |  | (421) |  |  | (779)
Effect of foreign currency translation |  | 16 |  |  | - |  |  | 16
Balance at September 30, 2019 | $ | 1,722 |  | $ | 1,828 |  | $ | 3,550
Balance at June 30, 2018 | $ | 1,694 |  | $ | 1,853 |  | $ | 3,547
Deferral of revenue |  | 801 |  |  | 190 |  |  | 991
Recognition of deferred revenue |  | (1,006) |  |  | (274) |  |  | (1,280)
Effect of foreign currency translation |  | 9 |  |  | - |  |  | 9
Balance at September 30, 2018 | $ | 1,498 |  | $ | 1,769 |  | $ | 3,267
Nine Months Ended September 30, 2019 and 2018 |  |  |  |  |  |  |  |
Balance at December 31, 2018 | $ | 1,659 |  | $ | 2,161 |  | $ | 3,820
Deferral of revenue |  | 1,597 |  |  | 561 |  |  | 2,158
Recognition of deferred revenue |  | (1,550) |  |  | (894) |  |  | (2,444)
Effect of foreign currency translation |  | 16 |  |  | - |  |  | 16
Balance at September 30, 2019 | $ | 1,722 |  | $ | 1,828 |  | $ | 3,550
Balance at December 31, 2017 | $ | 505 |  | $ | - |  | $ | 505
Addition due to business combination |  | 848 |  |  | 2,128 |  |  | 2,976
Deferral of revenue |  | 3,084 |  |  | 434 |  |  | 3,518
Recognition of deferred revenue |  | (2,933) |  |  | (793) |  |  | (3,726)
Effect of foreign currency translation |  | (6) |  |  | - |  |  | (6)
Balance at September 30, 2018 | $ | 1,498 |  | $ | 1,769 |  | $ | 3,267
Allowance for doubtful accounts Activity in the allowance for doubtful accounts was as follows:
| Nine Months Ended September 30, |
|  | 2019 |  |  | 2018 |
|  | (in thousands) |
Balance, beginning of period | $ | 332 |  | $ | 193 |
Addition due to business combination |  | - |  |  | 102 |
Bad debt expense |  | 394 |  |  | 3 |
Charge-offs and other recoveries |  | (354) |  |  | (23) |
Effect of foreign currency translation |  | (8) |  |  | 26 |
Balance, end of period | $ | 364 |  | $ | 301 |

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration