| Segment, Customer and Geographic Information |
Segment, Customer and Geographic Information
The Company operates in one reportable segment in which the Company provides medical device solutions focused on the diagnosis and treatment of central nervous and sensory system disorders for patients of all ages.
End-user customer base includes hospitals, clinics, laboratories, physicians, audiologists, and governmental agencies. Most of the Company's international sales are to distributors who resell products to end users or sub-distributors.
Revenue and long-lived asset information are as follows (in thousands):
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
Consolidated Revenue: |
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United States |
$ |
73,531 |
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$ |
75,467 |
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$ |
139,598 |
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$ |
144,154 |
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International |
52,008 |
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55,186 |
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|
100,698 |
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115,107 |
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Totals |
$ |
125,539 |
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$ |
130,653 |
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$ |
240,296 |
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$ |
259,261 |
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Three Months Ended
June 30, |
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Six Months Ended
June 30, |
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2019 |
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2018 |
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2019 |
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2018 |
Revenue by End Market: |
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Neurology Products |
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Devices and Systems |
$ |
54,617 |
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$ |
50,275 |
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$ |
100,366 |
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$ |
96,234 |
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Supplies |
16,910 |
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16,535 |
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32,751 |
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33,707 |
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Services |
71 |
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3,565 |
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871 |
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6,303 |
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Total Neurology Revenue |
71,598 |
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70,375 |
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133,988 |
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136,244 |
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Newborn Care Products |
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Devices and Systems |
12,615 |
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15,471 |
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27,260 |
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34,450 |
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Supplies |
8,933 |
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9,625 |
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18,979 |
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19,147 |
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Services |
5,015 |
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5,477 |
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9,860 |
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10,880 |
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Total Newborn Care Revenue |
26,563 |
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30,573 |
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56,099 |
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64,477 |
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Audiology Products |
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Devices and Systems |
26,178 |
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29,119 |
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47,703 |
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52,968 |
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Supplies |
1,200 |
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586 |
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2,506 |
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5,572 |
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Total Audiology Revenue |
27,378 |
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29,705 |
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50,209 |
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58,540 |
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Total Revenue |
$ |
125,539 |
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$ |
130,653 |
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$ |
240,296 |
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$ |
259,261 |
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June 30, 2019 |
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December 31, 2018 |
Property and equipment, net: |
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United States |
$ |
13,128 |
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$ |
10,019 |
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Ireland |
5,868 |
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5,083 |
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Canada |
4,384 |
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4,504 |
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Denmark |
1,950 |
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1,371 |
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Argentina |
— |
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999 |
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Other countries |
1,217 |
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937 |
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Totals |
$ |
26,547 |
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$ |
22,913 |
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During the three and six months ended June 30, 2019 and 2018, no single customer or country outside the United States contributed more than 10% of the Company's consolidated revenue.
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