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SEGMENTS, CUSTOMERS AND GEOGRAPHIC INFORMATION
12 Months Ended
Dec. 31, 2021
Geographic Areas, Revenues from External Customers [Abstract]  
SEGMENTS, CUSTOMERS AND GEOGRAPHIC INFORMATION

NOTE 17:-SEGMENTS, CUSTOMERS AND GEOGRAPHIC INFORMATION

a.The Company applies ASC topic 280, “Segment Reporting”, (“ASC 820”). 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 end customer.

b.The following tables present total revenues for the years ended December 31, 2019, 2020 and 2021 and long-lived assets as of December 31, 2020 and 2021:

Year ended

December 31,

2019

2020

2021

Revenues:

 

North America

$

42,474

$

38,165

$

47,505

Europe

42,439

44,832

47,382

Africa

25,614

23,497

23,165

Asia-Pacific and Middle East

53,948

47,677

32,008

India

49,748

62,047

86,088

Latin America

71,360

46,663

54,618

 

$

285,583

$

262,881

$

290,766

Long-lived assets, net:

December 31,

2020

2021

 

 

Israel

$

28,312

$

42,192

Others

10,216

7,424

Total long-lived assets, net (*)

$

38,528

$

49,616

(*)

Long-lived assets are comprised of property and equipment, net and operating lease right-of-use assets.

F - 45


CERAGON NETWORKS LTD. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


U.S. dollars in thousands (except share data)

NOTE 17:-SEGMENTS, CUSTOMERS AND GEOGRAPHIC INFORMATION (Cont.)

c.Major customer data as a percentage of total revenues:

In 2021, the Company had revenues from two customers that represent two a group of affiliated companies equaling 18.77% and a single customer equaling 11.37% of total revenues. In 2020, the company had revenues from a single customer that represents group of affiliated companies equaling 22.1% of total revenues. In 2019, the Company had revenues from two customers that represent two groups of affiliated companies equaling 14.0% and 11.8% of total revenues.