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GEOGRAPHIC INFORMATION AND SELECTED STATEMENTS OF INCOME DATA
12 Months Ended
Dec. 31, 2021
Text Block [Abstract]  
GEOGRAPHIC INFORMATION AND SELECTED STATEMENTS OF INCOME DATA
NOTE 14:-
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 and property and equipment, net for the years ended December 31, 2021, 2020 and 2019, by geographic area:
 
  1.
Revenues based on the channel partners’ location:
 
                         
    
Year ended

December 31,
 
    
2021
    
2020
    
2019
 
       
Americas
   $ 922.8      $ 929.8      $ 912.7  
Europe, Middle East and Africa
     980.8        891.4        849.9  
Asia Pacific
     263.2        243.7        232.2  
    
 
 
    
 
 
    
 
 
 
     $   2,166.8      $   2,064.9      $   1,994.8  
    
 
 
    
 
 
    
 
 
 
 
  *)
Starting 2019, Middle East and Africa are part of the “Europe Middle East and Africa” region, while before it was part of “Asia Pacific, Middle East and Africa” region.
 
  2.
Property and equipment, net:
 
                 
    
December 31,
    
2021
  
2020
     
Israel
   $       73.2        $       76.8    
U.S.
     5.3          5.4    
Rest of the world
     4.9          5.9    
    
 
 
 
  
 
 
 
     
     $ 83.4        $ 88.1    
    
 
 
 
  
 
 
 
  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, 2021, 2020 and 2019 by product lines:
 

 
  
Year ended

December 31,
 
  
2021
  
2020
  
2019
Product and licenses:
  
  
  
Network security Gateways
     $ 480.5        $ 472.4        $ 455.9  
Other*)
     33.4        41.2        54.9  
    
 
 
 
  
 
 
 
  
 
 
 
                            
       513.9        513.6        510.8  
Security subscriptions
     755.2        671.1        610.3  
Software updates and maintenance
     897.7        880.2        873.7  
    
 
 
 
  
 
 
 
  
 
 
 
       
Total revenues
     $ 2,166.8        $ 2,064.9        $ 1,994.8  
    
 
 
 
  
 
 
 
  
 
 
 
 
  *)
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,
    
2021
 
2020
 
2019
       
Financial income:
                        
Interest income
  
  $
66.1
 
 
  $
78.2
 
 
  $
93.3
 
    
 
 
 
 
 
 
 
 
 
 
 
Financial expense:
                        
Amortization of marketable securities premium and accretion of discount, net
  
 
21.0
 
 
 
9.4
 
 
 
2.0
 
Realized (gain) on sale of marketable securities, net
  
 
(1.4
 
 
(4.5
 
 
(0.7
Foreign currency
re-measurement
(gain) loss
  
 
(0.2
 
 
4.5
 
 
 
8.9
 
Others
  
 
4.6
 
 
 
2.2
 
 
 
2.5
 
    
 
 
 
 
 
 
 
 
 
 
 
       
    
 
24.0
 
 
 
11.6
 
 
 
12.7
 
    
 
 
 
 
 
 
 
 
 
 
 
       
    
  $
42.1
 
 
  $
66.6
 
 
  $
80.6