Quarterly report pursuant to Section 13 or 15(d)

Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)

v3.19.2
Concentration of Credit Risk, Significant Customers and Geographic Information (Tables)
6 Months Ended
Jun. 30, 2019
Risks and Uncertainties [Abstract]  
Schedules of Concentration of Risk, by Risk Factor
Customers comprising greater than 10% of net revenues for each of the periods presented are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Percentage of total net revenue
 
 
 
 
 
 
 
Customer A
12
%
 
28
%
 
12
%
 
27
%

Balances that are 10% or greater of accounts receivable, based on the Company's billings to the contract manufacturer customers, are as follows:
 
June 30,
 
December 31,
 
2019
 
2018
Percentage of gross accounts receivable
 
 
 
Customer B
*
 
10
%

____________________________
*
Represents less than 10% of the gross accounts receivable as of the respective period end.

Significant Suppliers

Suppliers comprising greater than 10% of total inventory purchases are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Vendor A
18
%
 
12
%
 
18
%
 
13
%
Vendor B
18
%
 
23
%
 
13
%
 
22
%
Vendor C
13
%
 
15
%
 
13
%
 
17
%
Vendor D
13
%
 
15
%
 
13
%
 
16
%


Revenue from External Customers by Geographic Areas
The Company's consolidated net revenues by geographic area based on ship-to location are as follows (in thousands):
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
 
Amount
 
% of total net revenue
 
Amount
 
% of total net revenue
 
Amount
 
% of total net revenue
 
Amount
 
% of total net revenue
Asia
$
68,319

 
83
%
 
$
87,289

 
86
%
 
$
139,867

 
84
%
 
$
172,103

 
81
%
United States
3,775

 
4
%
 
4,636

 
5
%
 
8,127

 
5
%
 
9,831

 
5
%
Rest of world
10,413

 
13
%
 
9,608

 
9
%
 
19,148

 
11
%
 
30,426

 
14
%
Total
$
82,507

 
100
%
 
$
101,533

 
100
%
 
$
167,142

 
100
%
 
$
212,360

 
100
%


The products shipped to individual countries representing greater than 10% of net revenue for each of the periods presented are as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Percentage of total net revenue
 
 
 
 
 
 
 
China
60
%
 
65
%
 
64
%
 
63
%

Long-lived Assets by Geographic Areas
Long-lived assets, which consists of property and equipment, net, leased right-of-use assets, intangible assets, net, and goodwill by geographic area are as follows (in thousands):
 
 
June 30,
 
December 31,
 
 
2019
 
2018(1)
 
 
Amount
 
% of total
 
Amount
 
% of total
United States
 
$
416,736

 
85
%
 
$
426,321

 
85
%
Singapore
 
67,998

 
14
%
 
71,945

 
14
%
Rest of world
 
6,300

 
1
%
 
3,368

 
1
%
Total
 
$
491,034

 
100
%
 
$
501,634

 
100
%
_____________
(1) Amounts do not include leased right-of-use assets in the prior period due to the adoption of ASC 842 under the modified retrospective method with a cumulative effect adjustment to accumulated deficit as of January 1, 2019.