XML 35 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. Our chief operating decision maker is our chief executive officer. Our chief executive officer reviews financial information presented on a consolidated basis, accompanied by information about revenue by geographic region for purposes of allocating resources and evaluating financial performance. We have one business activity, and there are no segment managers who are held accountable for operations, operating results and plans for levels or components below the consolidated unit level. Accordingly, we have determined that we have one operating segment, and therefore, one reportable segment.

Revenue by geographic region is based on the billing address of our customers. The following tables set forth revenue and property and equipment—net by geographic region (in millions):
Three Months EndedNine Months Ended
RevenueSeptember 30,
2020
September 30,
2019
September 30,
2020
September 30,
2019
Americas:
United States$206.0 $182.3 $589.1 $506.9 
Other Americas66.4 58.7 186.9 161.1 
Total Americas272.4 241.0 776.0 668.0 
Europe, Middle East and Africa (“EMEA”)243.3 200.9 693.5 571.1 
Asia Pacific (“APAC”)135.4 106.2 376.9 305.8 
Total revenue$651.1 $548.1 $1,846.4 $1,544.9 

Property and Equipmentnet
September 30,
2020
December 31,
2019
Americas:
United States$270.9 $197.4 
Canada121.3 120.5 
Latin America6.9 5.5 
Total Americas399.1 323.4 
EMEA15.3 15.2 
APAC5.0 5.7 
Total property and equipment—net$419.4 $344.3 

The following distributors accounted for 10% or more of our revenue:
 Three Months EndedNine Months Ended
September 30,
2020
September 30,
2019
September 30,
2020
September 30,
2019
Exclusive Networks Group (“Exclusive”)
29 %30 %30 %31 %
Ingram Micro, Inc. (“Ingram Micro”) 10 %11 %10 %11 %
The following distributors accounted for 10% or more of net accounts receivable:
September 30,
2020
December 31,
2019
Exclusive31 %36 %
Ingram Micro11 %10 %
Tech Data Corporation10 %*
* Represents less than 10%