Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

Financial Information by Reportable Segment

Financial information for each reportable geographical segment as of March 31, 2015 and December 31, 2014 and for the three months ended March 31, 2015 and 2014, based on the Company’s internal management reporting system and as utilized by the Company’s Chief Operating Decision Maker (“CODM”), its Chief Executive Officer, is as follows (in thousands):

	Americas			EMEA			APAC			Total
For the three months ended March 31, 2015:
Revenue	$	157,354		$	93,849		$	79,497		$	330,700
% of total revenue		48	%		28	%		24	%		100	%
Contribution margin		60,850			42,776			36,112			139,738
% of segment revenue		39	%		46	%		45	%		42	%

For the three months ended March 31, 2014:
Revenue	$	163,070		$	89,036		$	76,418		$	328,524
% of total revenue		50	%		27	%		23	%		100	%
Contribution margin		69,973			37,666			31,655			139,294
% of segment revenue		43	%		42	%		41	%		42	%


As of March 31, 2015: Gross accounts receivable	$	99,475		$	59,717		$	55,515		$	214,707
% of total gross accounts receivable		46	%		28	%		26	%		100	%
As of December 31, 2014: Gross accounts receivable		88,316			62,540			63,808			214,664
% of total gross accounts receivable		41	%		29	%		30	%		100	%

Reconciliation of Segment Information to Consolidated Totals

The reconciliation of segment information to Polycom consolidated totals is as follows (in thousands):

	Three Months Ended
	March 31, 2015			March 31, 2014
Segment contribution margin	$	139,738		$	139,294
Corporate and unallocated costs		(98,339	)		(106,600	)
Stock-based compensation		(9,232	)		(5,647	)
Effect of stock-based compensation cost on warranty expense		(53	)		(129	)
Amortization of purchased intangibles		(3,074	)		(3,333	)
Restructuring costs		(24	)		(30,343	)
Transaction-related costs		—			(156	)
Interest and other income (expense), net		(1,462	)		(695	)
Income (loss) before benefit from income taxes	$	27,554		$	(7,609	)

Revenues by Groups of Similar Products and Services

The following table summarizes the Company’s revenues by groups of similar products and services as follows (in thousands):

	Three Months Ended
	March 31, 2015		March 31, 2014
Revenues:
UC group systems	$	204,651	$	213,372
UC personal devices		67,465		56,474
UC platform		58,584		58,678
Total	$	330,700	$	328,524

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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