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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
SEGMENT INFORMATION
NOTE 14:-
SEGMENT INFORMATION

The Company adopted ASC 280, "Segment Reporting." As of December 31, 2017, the Company operates in three operational segments, as follows:

·
Perimeter Products segment (Products) - sales of perimeter products, including services and maintenance that are performed either on a fixed-price basis or pursuant to time-and-materials based contracts, and

·
Turnkey Projects segment (Projects) - installation of comprehensive turnkey solutions for which revenues are generated from long-term fixed price contracts and modular and customizable medium and long range surveillance systems, and

·
Video and Cyber security segment - provides software and hardware products, in the field of Video management and Cyber security, for monitoring, securing, and the active management of network video systems, video analytics, as well as wired, wireless, and fiber optic communication networks.

a.
The following data present the revenues, expenditures, assets and other operating data of the Company's operating segments:

   
Year ended
December 31, 2018
 
   
Products
   
Projects
   
Video and Cyber security
   
Eliminations
   
Total
 
                               
Revenues
 
$
27,626
   
$
57,072
   
$
9,461
   
$
(1,557
)
 
$
92,602
 
                                         
Depreciation, amortization and impairment of goodwill
 
$
586
   
$
879
   
$
1,759
   
$
-
   
$
3,224
 
                                         
Operating income (loss), before financial expenses and taxes on income
 
$
2,863
   
$
2,782
   
$
(1,298
)
 
$
(592
)
 
$
3,755
 
Financial income, net
                                   
1,361
 
Taxes on income
                                   
(2,072
)
                                         
Net income
                                 
$
3,044
 

 
   
Year ended
December 31, 2017
 
   
Products
   
Projects
   
Video and Cyber security
   
Eliminations
   
Total
 
                               
Revenues
 
$
22,301
   
$
34,742
   
$
8,350
   
$
(1,101
)
 
$
64,292
 
                                         
Depreciation and amortization
 
$
614
   
$
498
   
$
764
   
$
-
   
$
1,876
 
                                         
Operating income (loss), before financial expenses and taxes on income
 
$
242
   
$
1,762
   
$
(2,830
)
 
$
(418
)
 
$
(1,244
)
Financial expenses, net
                                   
(3,961
)
Taxes on income
                                   
(1,695
)
                                         
Net loss
                                 
$
(6,900
)

    Year ended
December 31, 2016
 
   
Products
   
Projects
   
Video and Cyber security
   
Eliminations
   
Total
 
                               
Revenues
 
$
32,372
   
$
31,823
   
$
5,626
   
$
(1,996
)
 
$
67,825
 
                                         
Depreciation and amortization
 
$
632
   
$
512
   
$
596
   
$
-
   
$
1,740
 
                                         
Operating income (loss), before financial expenses and taxes on income
 
$
5,799
   
$
(163
)
 
$
(3,383
)
 
$
(758
)
 
$
1,495
 
Financial expenses, net
                                   
(591
)
Tax benefits, net
                                   
122
 
                                         
Net income
                                 
$
1,026
 

   
Year ended
December 31, 2018
 
   
Products
   
Projects
   
Video and Cyber security
   
Total
 
                         
Total long-lived assets
 
$
5,847
   
$
4,267
   
$
10,998
   
$
21,112
 

   
Year ended
December 31, 2017
 
   
Products
   
Projects
   
Video and Cyber security
   
Total
 
                         
Total long-lived assets
 
$
6,374
   
$
3,460
   
$
12,879
   
$
22,713
 

Long-lived assets include property and equipment, net, intangible assets, net and goodwill.

b.          Major customer data (percentage of total revenues):
 
   
Year ended
December 31,
 
   
2018
   
2017
   
2016
 
                   
Customer A
   
25.3
%
   
14.6
%
   
11.9
%
Customer B
   
10.9
%
   
10.2
%
   
8.6
%

c.          Geographical information:

The following is a summary of revenues within geographic areas based on end customer's location and long-lived assets:

1.          Revenues:
 
   
Year ended
December 31,
 
   
2018
   
2017
   
2016
 
                   
Israel
 
$
13,577
   
$
9,599
   
$
8,727
 
Europe
   
14,021
     
11,232
     
8,330
 
North America
   
24,324
     
15,547
     
23,467
 
South and Latin America
   
25,471
     
13,152
     
10,364
 
Africa
   
7,126
     
9,370
     
7,585
 
Others
   
8,083
     
5,392
     
9,352
 
                         
   
$
92,602
   
$
64,292
   
$
67,825
 

2.          Long-lived assets:
 
   
December 31,
 
   
2018
   
2017
 
             
Israel
 
$
3,720
   
$
3,996
 
Europe
   
970
     
1,030
 
USA
   
2,377
     
2,612
 
Canada
   
13,337
     
14,404
 
Others
   
708
     
671
 
                 
   
$
21,112
   
$
22,713
 

Long-lived assets include property and equipment, net, intangible assets, net and goodwill.