Geographic Information and Major Customer Data

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Geographic Information and Major Customer Data

GEOGRAPHIC INFORMATION AND MAJOR CUSTOMER 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 unit and derives revenues mainly from subscription licensing, SaaS revenues and maintenance and services fees (see Note 1 for a brief description of the Company’s business). The following is a summary of revenues within geographic areas (in thousands):

 

	Year ended
	December 31,
	2023		2022		2021
Revenues based on customer’s location:
North America	$	373,806	$	352,298	$	279,104
EMEA (*)	109,587		107,848		101,694
Rest of the World	15,767		13,488		9,336
Total revenues	$	499,160	$	473,634	$	390,134

(*) Sales to customers in France accounted for 10.5% of the Company’s revenues for the years ended December 31, 2021.

During the years ended December 31, 2023, 2022 and 2021, respectively, there were no sales to a single customer exceeding 10% of the Company’s revenues.

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

 

	December 31,
	2023		2022
Long-lived assets by geographic region:
United States	$	35,791	$	40,304
Israel	34,755		38,385
Ireland	13,240		15,019
Other	2,016		2,107
	$	85,802	$	95,815