XML 30 R18.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
On January 31, 2017, Citrix completed the Spin-off of the GoTo Business. As a result, the Company re-evaluated its operating segments in the first quarter of 2017, and determined that it has one reportable segment. The Company's chief operating decision maker (“CODM”) reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. The Company's CEO is the CODM. During the first quarter of 2017, the Company classified the results of the GoTo Business, formerly a reportable segment, as discontinued operations in its condensed consolidated statement of income for all periods presented. See Note 3 for more information regarding discontinued operations.
Revenues by Product Grouping
Revenues by product grouping were as follows (in thousands):
 
Three Months Ended
 
March 31,
 
2017
 
2016
Net revenues:
 
 
 
Workspace Services revenues(1)
$
399,504

 
$
399,514

Networking revenues(2)
193,420

 
195,470

Cloud revenues(3)
40,035

 
31,134

Professional services and other(4)
29,718

 
32,655

Total net revenues
$
662,677

 
$
658,773

 
 
(1)
Workspace Services revenues are primarily comprised of sales from the Company’s application virtualization products, which include XenDesktop and XenApp, and the Company's enterprise mobility management products, which include XenMobile and related license updates and maintenance and support.
(2)
Networking revenues primarily include NetScaler ADC and NetScaler SD-WAN, and related license updates and maintenance and support.
(3)
Cloud revenues primarily include ShareFile, Podio and Citrix Cloud.
(4)
Professional services and other 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 geographic location, for the following periods (in thousands):
 
Three Months Ended
 
March 31,
 
2017
 
2016
Net revenues:
 
 
 
Americas
$
391,346

 
$
388,686

EMEA
201,852

 
206,931

Asia-Pacific
69,479

 
63,156

Total net revenues
$
662,677

 
$
658,773