Geographic Information and Major Customer and Product Data

9 Months Ended

Sep. 30, 2019

Geographic Information and Major Customer and Product Data

GEOGRAPHIC INFORMATION AND MAJOR CUSTOMER AND PRODUCT DATA

Summary information about geographic areas:

ASC 280, “Segment Reporting,” establishes standards for reporting information about operating segments. 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. The Company manages its business on the basis of one reportable segment and derives revenues from licensing of software and sales of professional services, maintenance and technical support (see Note 1 for a brief description of the Company’s business). The following is a summary of revenues within geographic areas:



	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	(unaudited)				(unaudited)
	(in thousands)				(in thousands)

Revenues based on customer’s location:
North America	$	47,411	$	44,890	$	125,243	$	114,951
EMEA (*)	16,719		19,778		50,672		61,606
Rest of World	1,519		2,384		5,715		6,213

Total revenues	$	65,649	$	67,052	$	181,630	$	182,770

(*) Sales to customers in France did not exceed 10% of total revenues for the nine months ended September 30, 2019 and accounted for $19,813 of the Company’s revenues for the nine months ended September 30, 2018. Sales to customers in the United Kingdom did not exceed 10% of total revenues for the nine months ended September 30, 2019 and accounted for $18,708 of the Company’s revenues for the nine months ended September 30, 2018.



	September 30, 2019		December 31, 2018
	(unaudited)
	(in thousands)
Long-lived assets by geographic region:
United States	$	12,422	$	7,612
Israel	13,013		7,834
France	1,036		1,243
Other	717		634

	$	27,188	$	17,323