INFORMATION ABOUT REVENUE AND GEOGRAPHIC AREAS

9 Months Ended

Sep. 30, 2018

Information About Revenue and Geographic Areas

INFORMATION ABOUT REVENUE AND GEOGRAPHIC AREAS

The Company considers operating segments to be components of the Company in which separate financial information is available that is evaluated regularly by the Company’s chief operating decision maker in deciding how to allocate resources and in assessing performance. The chief operating decision maker for the Company is the chief executive officer. The chief executive officer reviews financial information presented on a consolidated basis, accompanied by information about revenue by product line and geographic region for purposes of allocating resources and evaluating financial performance.

The Company has one business activity and there are no segment managers who are held accountable for operations, operating results or plans for levels or components below the consolidated unit level. Accordingly, the Company has determined that it has a single operating and reporting segment. When the Company communicates results externally, it disaggregates net revenue into major product lines and primary geographical markets (which is based on the billing address of the customer). The disaggregation of revenue by major product lines is based on the type of service provided and also aligns with the timing of revenue recognition.

Net Revenue

The following table presents the Company’s net revenue disaggregated by major product line for the periods presented (in thousands):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Net revenue by product:
Advertising	$	232,502	$	200,502	$	672,712	$	566,085
Transactions	3,042		18,524		10,402		55,024
Other services	5,552		4,261		15,919		10,297
Total net revenue	$	241,096	$	223,287	$	699,033	$	631,406

During the three and nine months ended September 30, 2018 and 2017, no individual customer accounted for 10% or more of consolidated net revenue.

The following table presents the Company’s net revenue disaggregated by major geographic region for the periods indicated (in thousands):



	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
United States	$	237,597	$	219,642	$	689,096	$	620,925
All other countries	3,499		3,645		9,937		10,481
Total net revenue	$	241,096	$	223,287	$	699,033	$	631,406

Long-Lived Assets

The following table presents the Company’s long-lived assets by geographic region for the periods indicated (in thousands):



	September 30, 2018		December 31, 2017
United States	$	108,900	$	100,990
All other countries	1,999		2,661
Total long-lived assets	$	110,899	$	103,651