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Geographic Information
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Geographic Information
Geographic Information

The Company operates with one reportable segment whose results are regularly reviewed by the Company's CEO, its chief operating decision maker as to operating performance and the allocation of resources. External customer revenues in the tables below were 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.

During 2018 the United States' revenues decreased $(14.9) million primarily due to a combination of decreased consulting services and a decrease of third party administrator services. Canada's revenues decreased by $(1.9) million primarily due to decreased revenue from professional services. Latin America's revenues decreased by $(1.3) million primarily due to a $(2.7) million decrease due to changes in foreign currency exchange rates, partially offset by increased professional services. Australia's revenues increased by $1.4 million primarily due to a combination of increased professional services and transaction fees, net of a $(922) thousand decrease due to changes in foreign currency exchange rates. India's revenue increased $134.5 million primarily due to the full year impact of 2017 acquisitions in addition to acquisitions made in 2018. Increases in Indonesia, Philippines, Singapore and United Arab Emirates are due to the full year impact of the November 2017 acquisition of Via. Mauritius revenues for 2018 consisted of $3.1 million for branding fees charged at airport kiosks.


During 2017 India's revenue increased $47.7 million of which $5.3 million is due to the various new e-governance contracts with a number of large clients and $42.9 million due to its 2017 acquisitions of ItzCash, YouFirst, Wall Street, Paul Merchants, and Via. Latin America's revenues increased $12.9 million due primarily to the November 2016 acquisition of Wdev and a $1.4 million increase due to changes in foreign currency exchange rates. Australia's revenues increased by $3.2 million due to a combination of increased professional services and transaction fees, and a $1.1 million increase due to changes in foreign currency exchange rates. Canada's revenues increased by $1.2 million due primarily to increased professional services. Increases in Singapore, Indonesia, Philippines and United Arab Emirates are due to the November 2017 acquisition of Via.

The following enterprise wide information relates to the Company's geographic locations:
 
 
Year Ended December 31, 2018
 
Year Ended December 31, 2017
 
Year Ended December 31, 2016
 
 
External Revenues
 
Long-lived assets
 
External Revenues
 
Long-lived assets
 
External Revenues
 
Long-lived assets
 
 
in thousands
United States
 
$
196,984

 
$
390,551

 
$
211,895

 
$
394,112

 
$
213,516

 
$
385,723

Canada
 
5,611

 
5,846

 
7,522

 
6,601

 
6,328

 
6,411

Latin America
 
19,866

 
16,348

 
21,128

 
22,300

 
8,179

 
26,648

Australia
 
35,770

 
1,485

 
34,366

 
1,174

 
31,156

 
1,245

Singapore*
 
7,674

 
17,805

 
6,330

 
17,475

 
5,848

 
17,467

New Zealand
 
2,015

 
158

 
1,933

 
247

 
1,903

 
215

India*
 
196,372

 
672,699

 
61,857

 
338,130

 
14,153

 
83,082

Europe
 
15,387

 
23,880

 
17,062

 
25,687

 
17,211

 
21,766

Indonesia*
 
7,482

 
98

 
1,055

 
110

 

 

Philippines*
 
6,483

 
448

 
623

 
616

 

 

United Arab Emirates*
 
1,042

 
54,249

 
200

 
53,629

 

 
54,152

Mauritius*
 
3,140

 

 

 

 

 

 
 
$
497,826

 
$
1,183,567


$
363,971

 
$
860,081


$
298,294

 
$
596,709

 
 
 
 
 
 
 
 
 
 
 
 
 
*India led businesses, except for portion of Singapore which is not part of EbixCash and United Arab Emirate long-lived assets pertain to intellectual property research and development activities located in Dubai which is not part of EbixCash either. Total revenue in the fourth quarter of 2018 for India led businesses was $65.9 million.


    
In the geographical information table above the significant changes to long-lived assets from December 31, 2017 to December 31, 2018 were comprised of a decrease in Latin America of $(6.0) million due to $(2.9) million of upfront cash consideration held in an escrow account reclassified as short term from long term and a (14.6)% weakening of the Brazilian Real versus the U.S. Dollar. An increase in India of $334.6 million primarily due to the impact of 2018 acquisitions, partially offset by a (8.2)% weakening of the India Rupee versus the U.S. Dollar. The Europe decrease of $(1.8) million is primarily due to a (5.6)% weakening of the British Pound versus the U.S. Dollar.


In the geographical information table above the significant changes to long-lived assets from December 31, 2016 to December 31, 2017 were comprised of an increase in India of $255.0 million primarily due to $249.5 million increase associated with the 2017 acquisitions of ItzCash, YouFirst, Wall Street, Paul Merchants, and Via, and an increase in deferred tax assets of $4.1 million associated with the payments and accruals of Minimum Alternative Tax. The Europe increase of $3.9 million is primarily due to a 9.3% strengthening of the British Pound Sterling versus the U.S. Dollar which caused a $2.0 million increase in the translation of long-lived assets, an increase in deferred tax assets of $3.2 million due to the release of valuation allowances of operating loss carryforwards, partially offset by the amortization of intangible assets and capitalized software development costs.