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GEOGRAPHIC INFORMATION AND SELECTED STATEMENTS OF INCOME DATA
 12 Months Ended
Dec. 31, 2018
Text Block [Abstract]  
GEOGRAPHIC INFORMATION AND SELECTED STATEMENTS OF INCOME DATA

NOTE 15:- GEOGRAPHIC INFORMATION AND SELECTED STATEMENTS OF INCOME DATA

 

 

a.

Summary information about geographical areas:

The Company operates in one reportable segment (see Note 1 for a brief description of the Company’s business). The total revenues are attributed to geographic areas based on the location of the Company’s channel partners which are considered as end customers, as well as direct customers of the Company.

The following table presents total revenues for the years ended December 31, 2018, 2017 and 2016, and property and equipment, net as of December 31, 2018 and 2017, by geographic area:

 

 

1.

Revenues based on the channel partners’ location:

 

     Year ended
December 31,
     2018    2017    2016

Americas, principally U.S.

    $ 892,426      $ 871,297      $ 847,458  

Europe

      717,205        674,987        627,524  

Asia-Pacific, Middle-East and Africa

      306,844        308,374        266,319  
  

 

 

 

   

 

 

 

   

 

 

 
   $   1,916,475      $   1,854,658      $   1,741,301  
  

 

 

 

   

 

 

 

   

 

 

 
 

2.

Property and equipment, net:

 

     December 31,
     2018    2017

Israel

    $       71,641        $       71,655    

U.S.

      3,463          2,782    

Rest of the world

      3,410          3,330    
  

 

 

 

   

 

 

 
   $ 78,514        $ 77,767    
  

 

 

 

   

 

 

 

 

 

b.

Summary information about product lines:

The Company’s products can be classified by three main product lines. The following table presents total revenues for the years ended December 31, 2018, 2017 and 2016 by product lines:

 

     Year ended
December 31,
     2018    2017    2016

Product and licenses:

         

Network security Gateways

      $ 468,509        $ 506,057        $ 516,254  

Other *)

      57,048        52,969        56,710  
  

 

 

 

   

 

 

 

   

 

 

 
     525,557        559,026        572,964  

Security subscriptions

      542,323        480,352        389,885  

Software updates and maintenance

      848,595        815,280        778,452  
  

 

 

 

   

 

 

 

   

 

 

 

Total revenues

      $ 1,916,475        $ 1,854,658        $ 1,741,301  
  

 

 

 

   

 

 

 

   

 

 

 

 

 

*)

Comprised of Endpoint security, Mobile security and Security management products, each comprising of less than 10% of products and licenses revenues.
 

c.

Financial income, net:

 

     Year ended
December 31,
     2018    2017    2016

Financial income:

         

Interest income

      $ 88,475        $ 74,900        $ 69,425  

Realized gain on sale of marketable securities, net

      -        -        2,993  
  

 

 

 

   

 

 

 

   

 

 

 
     88,475        74,900        72,418  
  

 

 

 

   

 

 

 

   

 

 

 

Financial expense:

         

Amortization of marketable securities premium and accretion of discount, net

      13,560        20,012        23,388  

Realized loss on sale of marketable securities, net

      1,803        176        -  

Foreign currency re-measurement loss

      5,719        5,555        2,658  

Others

      2,327        2,128        1,970  
  

 

 

 

   

 

 

 

   

 

 

 
     23,409        27,871        28,016  
  

 

 

 

   

 

 

 

   

 

 

 
     $     65,066        $     47,029        $     44,402