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Business Segments | 6 Months Ended
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Jul. 03, 2021
Segment Reporting [Abstract] |
Business Segments | 12. Business Segments The Company operates in one segment, ophthalmology. The Company develops, manufactures and markets medical devices. Our revenues arise from the sale of consoles, delivery devices, consumables, service, and support activities. Revenue information shown by product group is as follows:
| Three Months Ended |  |  |  | Six Months Ended |
(in thousands) | July 3, 2021 |  |  | June 27, 2020 |  |  |  | July 3, 2021 |  |  | June 27, 2020 |
Cyclo G6 | $ | 3,599 |  |  | $ | 2,113 |  |  |  | $ | 6,948 |  |  | $ | 5,036 |
Retina |  | 7,575 |  |  |  | 2,608 |  |  |  |  | 14,235 |  |  |  | 6,742 |
Other(1) |  | 2,252 |  |  |  | 1,498 |  |  |  |  | 4,202 |  |  |  | 3,462 |
Total revenues | $ | 13,426 |  |  | $ | 6,219 |  |  |  | $ | 25,385 |  |  | $ | 15,240 |
(1) Includes service contract revenues of $375 and $311 and $674 and $627 recognized during the three and six months ended July 3, 2021 and June 27, 2020, respectively. Includes $111 recognized revenue related to the exclusive distribution rights during the three and six months ended July 3, 2021. Other also includes revenues from paid service, royalty, freight and legacy G probes. |
Revenue information shown by geographic region, based on the sales destination, is as follows:
| Three Months Ended |  |  |  | Six Months Ended |
(in thousands) | July 3, 2021 |  |  | June 27, 2020 |  |  |  | July 3, 2021 |  |  | June 27, 2020 |
United States | $ | 6,508 |  |  | $ | 3,171 |  |  |  | $ | 12,072 |  |  | $ | 7,612 |
Asia/Pacific Rim |  | 3,280 |  |  |  | 1,410 |  |  |  |  | 6,454 |  |  |  | 3,603 |
Europe |  | 3,243 |  |  |  | 1,419 |  |  |  |  | 5,660 |  |  |  | 3,403 |
Rest of Americas |  | 395 |  |  |  | 219 |  |  |  |  | 1,199 |  |  |  | 622 |
Total revenues | $ | 13,426 |  |  | $ | 6,219 |  |  |  | $ | 25,385 |  |  | $ | 15,240 |
Revenues are attributed to countries based on the location of end customers. Other than the United States, Japan accounted for more than 10% of the Company’s revenues during the three and six months ended July 3, 2021, representing 12% and 14%, respectively. Other than the United States, no individual country accounted for more than 10% of the Company’s revenues during the three months ended June 27, 2020 and Japan accounted for more than 10% of the Company’s revenues during the six months ended June 27, 2020, representing 12%. The United States accounted for 48.5% and 51.0% of revenues for the three months ended July 3, 2021 and June 27, 2020, respectively, and for 47.6% and 49.9% of revenues for the six months ended July 3, 2021 and June 27, 2020, respectively.

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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