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Segment Disclosure
12 Months Ended
Oct. 31, 2016
Segment Reporting [Abstract]  
Segment Disclosure
Segment Disclosure
ASC 280, Segment Reporting, requires disclosures of certain information regarding operating segments, products and services, geographic areas of operation and major customers. Segment reporting is based upon the “management approach,” i.e., how management organizes the Company’s operating segments for which separate financial information is (1) available and (2) evaluated regularly by the Chief Operating Decision Makers (CODMs) in deciding how to allocate resources and in assessing performance. Synopsys’ CODMs are the Company’s two Co-Chief Executive Officers.
The Company operates in a single segment to provide software products and consulting services primarily in the EDA software industry. In making operating decisions, the CODMs primarily consider consolidated financial information, accompanied by disaggregated information about revenues by geographic region. Specifically, the CODMs consider where individual “seats” or licenses to the Company’s products are located in allocating revenue to particular geographic areas. Revenue is defined as revenues from external customers. Goodwill is not allocated since the Company operates in one reportable operating segment. Revenues and property and equipment, net, related to operations in the United States and other by geographic areas were:
 
Year Ended October 31,
 
2016
 
2015
 
2014
 
(in thousands)
Revenue:
 
 
 
 
 
United States
$
1,205,880

 
$
1,143,816

 
$
1,020,654

Europe
287,381

 
300,352

 
272,911

Japan
239,964

 
218,794

 
238,588

Asia Pacific and Other
689,307

 
579,249

 
525,319

Consolidated
$
2,422,532

 
$
2,242,211

 
$
2,057,472


 
As of October 31,
 
2016
 
2015
 
(in thousands)
Property and Equipment, net:
 
 
 
United States
$
186,854

 
$
192,075

Other countries
70,181

 
71,002

Total
$
257,035

 
$
263,077


Geographic revenue data for multi-regional, multi-product transactions reflect internal allocations and are therefore subject to certain assumptions and to the Company’s methodology.
One customer, including its subsidiaries, through multiple agreements accounted for 15.9%, 12.8%, and 10.5% of the Company’s consolidated revenue in fiscal 2016, 2015, and 2014, respectively.