Geographic Information and Major Customer and Product Data

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

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 above for a brief description of the Company’s business). The following is a summary of revenues within geographic areas:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
	(unaudited)				(unaudited)
	(in thousands)				(in thousands)
Revenues based on customer’s location:
North America	$	45,815	$	39,984	$	83,689	$	77,833
EMEA (*)	18,721		17,553		33,332		33,952
Rest of World	2,029		2,084		3,720		4,196
Total revenues	$	66,565	$	59,621	$	120,741	$	115,981

(*)       Sales to customers in France accounted for $8,158 and $6,522 of the Company’s revenues for the three months ended June 30, 2020 and 2019, respectively. Sales to customers in France accounted for $13,678 and $12,763 of the Company’s revenues for the six months ended June 30, 2020 and 2019, respectively.

The following is a summary of long-lived assets, including property and equipment, net and operating lease right-of-use assets, within geographic areas:

	As of		As of
	June 30, 2020		December 31, 2019
	(unaudited)
	(in thousands)
Long-lived assets by geographic region:
Israel	$	45,124	$	45,382
United States	39,966		42,590
Other	2,770		3,423
	$	87,860	$	91,395