XML 48 R38.htm IDEA: XBRL DOCUMENT v3.23.2

Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment Reporting Information by Reportable Segment

The following table presents the Company’s revenue and gross margin by reportable segment for the three months ended June 30, 2023 and 2022:

		Revenue(1)								Gross Margin
(In thousands of U.S. Dollars)		2023				2022				2023				2022
Content Solutions		$	31,290			$	29,544			$	19,996			$	17,354
Technology Products and Services			63,976				42,857				36,411				25,709
Sub-total for reportable segments			95,266				72,401				56,407				43,063
All Other(2)			2,713				1,567				1,480				973
Total		$	97,979			$	73,968			$	57,887			$	44,036

The following table presents the Company’s revenue and gross margin by reportable segment for the six months ended June 30, 2023 and 2022:

		Revenue(1)								Gross Margin
(In thousands of U.S. Dollars)		2023				2022				2023				2022
Content Solutions		$	63,391			$	50,532			$	37,991			$	29,979
Technology Products and Services			115,643				80,720				66,302				44,125
Sub-total for reportable segments			179,034				131,252				104,293				74,104
All Other(2)			5,891				2,752				3,645				1,703
Total		$	184,925			$	134,004			$	107,938			$	75,807

(1)The Company’s largest customer represents 11% and 8% of total Revenues for the three and six months ended June 30, 2023, respectively (2022 — 17% and 15%, respectively). No single customer comprises more than 10% of the Company’s total Accounts Receivable as of June 30, 2023 and December 31, 2022.

(2)All Other includes the results from IMAX Enhanced, SSIMWAVE, and other ancillary activities.

Summary of Revenues By Geographic Area

The following table summarizes the Company’s revenues by geographic area for the three months ended June 30, 2023 and 2022:

		Three Months Ended June 30,								Six Months Ended June 30,
(In thousands of U.S. Dollars)		2023				2022				2023				2022
United States		$	32,799			$	33,646			$	59,552			$	52,713
Greater China			19,112				11,237				45,678				32,713
Western Europe			19,810				10,701				29,978				17,762
Asia (excluding China)			15,955				11,357				26,607				17,124
Canada			4,102				2,543				11,298				4,429
Latin America			2,833				1,968				4,436				3,740
Rest of the World			3,368				2,516				7,376				5,523
Total		$	97,979			$	73,968			$	184,925			$	134,004

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph a
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration