Geographic Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Geographic Information

Geographic Information

The Company operates with one reportable segment whose results are regularly reviewed by the Company's chief operating decision maker as to performance and allocation of resources. External customer revenues in the tables below are attributed to a particular country based on whether the customer had a direct contract with the Company which was executed in that particular country for the sale of the Company's products/services with an Ebix subsidiary located in that country.

The impact from fluctuations of the exchange rates for the foreign currencies in the countries in which we conduct operations partially affected reported revenues, and were the primary cause for the drop in revenues in Europe and the increase in Australia. Specifically, during the first three months of 2017 the change in foreign currency exchange rates decreased reported Europe's operating revenues by $655 thousand and increased Australia's reported revenues by $423 thousand; while India's revenue increased $3.6 million due primarily to the various new e-governance contracts with a number of large clients; Latin America's revenues increased $2.7 million due primarily to the November 2016 acquisition of Wdev; and Canada's revenues increased by $1.3 million due primarily to increased professional services.

The following enterprise wide information relates to the Company's geographic locations (all amounts in thousands):

As of and for the Three Months EndedMarch 31, 2017

	United States		Canada		Latin America		Australia		Singapore		New Zealand		India		Europe		Dubai		Total
External Revenues	$	52,179	$	2,108	$	3,899	$	8,899	$	1,731	$	480	$	5,620	$	4,187	$	—	$	79,103
Long-lived assets	$	385,474	$	6,389	$	24,374	$	1,290	$	17,457	$	216	$	87,301	$	21,696	$	53,969	$	598,166

As of and for the Three Months EndedMarch 31, 2016

	United States		Canada		Latin America		Australia		Singapore		New Zealand		India		Europe		Dubai		Total
External Revenues	$	52,796	$	847	$	1,137	$	7,792	$	1,434	$	391	$	2,026	$	4,643	$	—	$	71,066
Long-lived assets	$	372,004	$	6,968	$	6,708	$	171	$	68,718	$	221	$	76,789	$	26,567	$	—	$	558,146

In the geographical information table above the significant changes to long-lived assets from March 31, 2016 to March 31, 2017 were comprised of a net $13.5 million increase in the U.S. primarily due to fully consolidating the operations of the EbixHealth JV into the Company's financial statements; the Latin America increase of $17.7 million is primarily due to the November 2016 acquisition of Wdev; the Australia increase of $1.1 million is primarily due to the purchase of equipment to support its data exchange facilities; the Singapore decrease of $51.3 million and the Dubai increase $54.0 million are due to the transfer of certain intangible assets between these locations (net of deferred taxes); the India increase of $10.5 million is primarily due an increase in deferred tax assets of $6.7 million associated with the payments and accruals of Minimum Alternative Tax, and $3.3 million of fixed assets additions associated with the continued build out of our product development facilities, and the growth of the Ebix-Vayam JV; and the Europe decrease of $4.9 million is primarily due to a 15.0% weakening of British Pound Sterling versus the U.S. Dollar which caused a decrease in the translation of long-lived assets and the the amortization of intangible assets and capitalized software development costs.