Stamps.com 2014 Annual Report Download - page 17

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Employees
As of December 31, 2014, we had approximately 343 employees not including temporary or contract workers. Our employees work in various
departments including customer support, research and development, sales and marketing, information technology and general administration.
None of our employees are represented by a labor union. We believe that we have a good relationship with our employees.
Segments, Geographical and Revenue Information
We operate in a single market segment, “Internet Mailing and Shipping Services” and therefore have only one reportable segment. All of our
operations, revenue and assets are within the United States. During 2014, 2013 and 2012, we did not recognize revenue from any one customer
that represented 10% or more of revenues. See Item 7.“Management’s Discussion and Analysis of Financial Condition and Results of
Operations--Results of Operations for years ended December 31, 2014 and 2013,” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations--Results of Operations for years ended December 31, 2013 and 2012,” for the percentage of total revenue
contributed by categories of similar products or services that accounted for 10 percent or more of consolidated revenue. Our product and
insurance revenues are subject to seasonal variations with the first and fourth calendar quarters being typically seasonally stronger and the
second and third calendar quarters being typically seasonally slower. Our service revenue does have some seasonal variation driven by typically
seasonally stronger customer acquisition and usage in the first and fourth calendar quarters and typically seasonally slower customer acquisition
and usage in the second and third calendar quarters. Our PhotoStamps revenue is typically seasonally stronger in the fourth calendar quarter due
to the holidays.
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