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Segment Information and Geographic Data
 9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Information and Geographic Data

13. Segment Information and Geographic Data

The Company operates as one operating segment. Operating segments are defined as components of an enterprise for which separate financial information is regularly evaluated by the chief operating decision maker (“CODM”), which is the Company’s chief executive officer, in deciding how to allocate resources and assess performance. The Company’s CODM evaluates the Company’s financial information and resources and assesses the performance of these resources on a consolidated basis. Since the Company operates in one operating segment, all required financial segment information can be found in the consolidated financial statements. Revenue and long-lived assets by geographic region, based on the physical location of the operations recording the sale or the asset, are as follows:

Revenues by geographical region:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

 

 

 

 

 

 

Americas

 

$

337,113

 

 

$

276,613

 

 

$

966,762

 

 

$

777,960

 

Europe

 

 

174,428

 

 

 

128,934

 

 

 

488,009

 

 

 

373,264

 

Asia Pacific

 

 

46,016

 

 

 

38,411

 

 

 

133,544

 

 

 

110,089

 

Total

 

$

557,557

 

 

$

443,958

 

 

$

1,588,315

 

 

$

1,261,313

 

Percentage of revenues generated outside of
  the Americas

 

 

40

%

 

 

38

%

 

 

39

%

 

 

38

%

Revenue derived from customers outside the United States (international) was approximately 47% of total revenue in the three and nine months ended September 30, 2023 and 46% of total revenue in the three and nine months ended September 30, 2022.

Total long-lived assets by geographical region:
 

 

 

As of September 30, 2023

 

 

As of December 31, 2022

 

 

 

(in thousands)

 

Americas

 

$

240,010

 

 

$

290,977

 

Europe

 

 

110,690

 

 

 

123,311

 

Asia Pacific

 

 

8,732

 

 

 

10,243

 

Total long-lived assets

 

$

359,432

 

 

$

424,531

 

Percentage of long-lived assets held outside of the Americas

 

 

33

%

 

 

31

%