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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of Financial Information by Reportable Segment

In accordance with the segment reporting topic of the FASB Codification, we present below financial information by reportable segment for 2022, 2021 and 2020 (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

 

Americas

 

 

EMEA

 

 

APAC

 

 

Consolidated

 

 

Americas

 

 

EMEA

 

 

APAC

 

 

Consolidated

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cloud subscriptions

 

$

148,943

 

 

$

22,988

 

 

$

4,527

 

 

$

176,458

 

 

$

103,863

 

 

$

15,380

 

 

$

2,952

 

 

$

122,195

 

Software license

 

 

16,364

 

 

 

6,380

 

 

 

2,104

 

 

 

24,848

 

 

 

29,300

 

 

 

5,729

 

 

 

2,041

 

 

 

37,070

 

Maintenance

 

 

113,258

 

 

 

19,784

 

 

 

9,156

 

 

 

142,198

 

 

 

113,169

 

 

 

23,091

 

 

 

9,581

 

 

 

145,841

 

Services

 

 

295,998

 

 

 

79,628

 

 

 

18,470

 

 

 

394,096

 

 

 

256,392

 

 

 

66,131

 

 

 

12,276

 

 

 

334,799

 

Hardware

 

 

29,321

 

 

 

158

 

 

 

5

 

 

 

29,484

 

 

 

23,491

 

 

 

243

 

 

 

4

 

 

 

23,738

 

Total revenue

 

 

603,884

 

 

 

128,938

 

 

 

34,262

 

 

 

767,084

 

 

 

526,215

 

 

 

110,574

 

 

 

26,854

 

 

 

663,643

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

 

271,222

 

 

 

71,108

 

 

 

15,907

 

 

 

358,237

 

 

 

225,799

 

 

 

58,593

 

 

 

13,435

 

 

 

297,827

 

Operating expenses

 

 

227,409

 

 

 

17,187

 

 

 

4,888

 

 

 

249,484

 

 

 

202,217

 

 

 

16,496

 

 

 

4,856

 

 

 

223,569

 

Depreciation and amortization

 

 

5,964

 

 

 

613

 

 

 

86

 

 

 

6,663

 

 

 

7,020

 

 

 

738

 

 

 

156

 

 

 

7,914

 

Total costs and expenses

 

 

504,595

 

 

 

88,908

 

 

 

20,881

 

 

 

614,384

 

 

 

435,036

 

 

 

75,827

 

 

 

18,447

 

 

 

529,310

 

Operating income

 

$

99,289

 

 

$

40,030

 

 

$

13,381

 

 

$

152,700

 

 

$

91,179

 

 

$

34,747

 

 

$

8,407

 

 

$

134,333

 

 

 

 

Year Ended December 31, 2020

 

 

 

Americas

 

 

EMEA

 

 

APAC

 

 

Consolidated

 

Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Cloud subscriptions

 

$

69,469

 

 

$

8,465

 

 

$

1,896

 

 

$

79,830

 

Software license

 

 

30,509

 

 

 

4,308

 

 

 

3,467

 

 

 

38,284

 

Maintenance

 

 

116,309

 

 

 

22,208

 

 

 

9,231

 

 

 

147,748

 

Services

 

 

232,954

 

 

 

58,360

 

 

 

12,255

 

 

 

303,569

 

Hardware

 

 

16,698

 

 

 

241

 

 

 

2

 

 

 

16,941

 

Total revenue

 

 

465,939

 

 

 

93,582

 

 

 

26,851

 

 

 

586,372

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs and Expenses:

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

 

202,421

 

 

 

53,661

 

 

 

13,805

 

 

 

269,887

 

Operating expenses

 

 

174,477

 

 

 

14,461

 

 

 

4,540

 

 

 

193,478

 

Depreciation and amortization

 

 

7,932

 

 

 

823

 

 

 

191

 

 

 

8,946

 

Total costs and expenses

 

 

384,830

 

 

 

68,945

 

 

 

18,536

 

 

 

472,311

 

Operating income

 

$

81,109

 

 

$

24,637

 

 

$

8,315

 

 

$

114,061

 

Goodwill, Long-Lived Assets and Total Assets by Reportable Segment

In the following table, we present goodwill, long-lived assets, and total assets by reportable segment as of December 31, 2022 and 2021 (in thousands):

 

 

 

As of December 31, 2022

 

 

As of December 31, 2021

 

 

 

Americas

 

 

EMEA

 

 

APAC

 

 

Consolidated

 

 

Americas

 

 

EMEA

 

 

APAC

 

 

Consolidated

 

Goodwill, net

 

$

54,766

 

 

$

5,501

 

 

$

1,963

 

 

$

62,230

 

 

$

54,766

 

 

$

5,510

 

 

$

1,963

 

 

$

62,239

 

Long lived assets

 

 

47,591

 

 

 

6,640

 

 

 

1,136

 

 

 

55,367

 

 

 

51,246

 

 

 

8,214

 

 

 

1,940

 

 

 

61,400

 

Total assets

 

 

488,064

 

 

 

65,491

 

 

 

16,623

 

 

 

570,178

 

 

 

468,600

 

 

 

54,021

 

 

 

17,087

 

 

 

539,708