Segment Information (Tables)

9 Months Ended

Sep. 30, 2013

Net revenues and segment profit, classified by the Company’s two reportable segments were as follows (in thousands):



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2013			2012			2013			2012
Net revenues:
Infrastructure	$	564,552		$	511,763		$	1,686,411		$	1,470,225
SaaS	148,179			129,659			429,603			375,902
Consolidated	$	712,731		$	641,422		$	2,116,014		$	1,846,127
Segment profit:
Infrastructure	$	134,598		$	130,566		$	380,445		$	371,515
SaaS	33,378			24,720			81,427			64,828
Unallocated expenses ⁽¹⁾:
Amortization of intangible assets	(34,716		)	(32,768		)	(104,703		)	(82,064		)
Net interest and other income	3,438			8,483			6,009			15,636
Stock-based compensation	(45,893		)	(40,103		)	(137,306		)	(108,922		)
Consolidated income before income taxes	$	90,805		$	90,898		$	225,872		$	260,993


(1)	Represents expenses presented to management on a consolidated basis only and not allocated to the operating segments.

Revenues by Product Grouping

Revenues by product grouping for the Company’s Infrastructure and SaaS segments were as follows (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
Net revenues:
Infrastructure
Mobile and Desktop revenues⁽¹⁾	$	380,878	$	351,607	$	1,121,102	$	1,037,144
Networking and Cloud Solutions revenues⁽²⁾	146,474		127,327		458,753		340,319
Professional services⁽³⁾	33,725		31,022		96,653		86,141
Other	3,475		1,807		9,903		6,621
Total Infrastructure revenues	564,552		511,763		1,686,411		1,470,225
SaaS revenues	148,179		129,659		429,603		375,902
Total net revenues	$	712,731	$	641,422	$	2,116,014	$	1,846,127


(1)	Mobile and Desktop revenues are primarily comprised of sales from the Company’s desktop virtualization products, XenDesktop and XenApp, and the Company's Mobility products, which include XenMobile and related license updates and maintenance and support.


(2)	Networking and Cloud revenues are primarily comprised of sales from the Company’s cloud networking products, which include NetScaler, CloudBridge and Bytemobile Smart Capacity, and the Company’s cloud platform products which include XenServer, CloudPlatform and CloudPortal and related license updates and maintenance and support.


(3)	Professional services revenues are primarily comprised of revenues from consulting services and product training and certification services.

Revenues By Geographic Location

The following table presents revenues by segment and geographic location, for the following periods (in thousands):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
Net revenues:
Infrastructure
Americas	$	306,050	$	281,896	$	925,395	$	794,148
EMEA	188,220		164,149		553,637		488,196
Asia-Pacific	70,282		65,718		207,379		187,881
Total Infrastructure revenues	564,552		511,763		1,686,411		1,470,225
SaaS
Americas	124,044		109,935		360,954		319,946
EMEA	18,522		15,941		53,266		45,974
Asia-Pacific	5,613		3,783		15,383		9,982
Total SaaS revenues	148,179		129,659		429,603		375,902
Total net revenues	$	712,731	$	641,422	$	2,116,014	$	1,846,127

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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