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GEOGRAPHIC INFORMATION AND SELECTED STATEMENTS OF INCOME DATA
12 Months Ended
Dec. 31, 2023
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 and property and equipment, net, by geographic area:
 
  1.
Revenues based on the channel partners’ location:
 
 
 
Year ended
December 31,
 
 
 
2023
   
2022
   
2021
 
 
                 
Americas
 
$
1,025.7
   
$
991.1
   
$
922.8
 
Europe, Middle East and Africa
   
1,116.7
     
1,049.5
     
980.8
 
Asia Pacific
   
272.3
     
289.3
     
263.2
 
 
                       
 
 
$
2,414.7
   
$
2,329.9
   
$
2,166.8
 
 
  2.
Property and equipment, net and ROU assets:
 
 
 
December 31,
 
 
 
2023
   
2022
 
 
           
Israel
 
$
78.4
   
$
73.9
 
U.S.
   
8.9
     
12.8
 
Rest of the world
   
14.6
     
16.8
 
 
               
 
 
$
101.9
   
$
103.5
 
 
  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, 2023, 2022 and 2021 by product lines:
 
 
 
Year ended
December 31,
 
 
 
2023
   
2022
   
2021
 
 
                 
Product and licenses:
                 
Network security Gateways
 
$
452.0
   
$
507.8
   
$
480.5
 
Other *)
   
45.4
     
47.1
     
33.4
 
 
                       
 
   
497.4
     
554.9
     
513.9
 
Security subscriptions
   
981.2
     
858.0
     
755.2
 
Software updates and maintenance
   
936.1
     
917.0
     
897.7
 
 
                       
Total revenues
 
$
2,414.7
   
$
2,329.9
   
$
2,166.8
 
 
  *)
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,
 
 
 
2023
   
2022
   
2021
 
                   
Financial income:
                 
Interest income
 
$
92.4
   
$
67.6
   
$
66.1
 
 
                       
Financial expense:
                       
Amortization of marketable securities premium and accretion of discount, net
   
3.1
     
18.5
     
21.0
 
Realized loss (gain) on sale of marketable securities, net
   
6.7
     
-
     
(1.4
)
Foreign currency re-measurement (gain) loss
   
3.8
     
3.3
     
(0.2
)
Others
   
2.3
     
1.8
     
4.6
 
 
                       
 
   
15.9
     
23.6
     
24.0
 
 
                       
 
 
$
76.5
   
$
44.0
   
$
42.1