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CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION | 9 Months Ended
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Sep. 30, 2015
CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION [Abstract] |
CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION |
NOTE 10: | CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION
| The Group applies ASC 280, "Segment Reporting" ("ASC 280"). Segments are managed separately, for information on operating segments see Note 1a:
| a. | Information on the reportable segments:
|  | 1. | The measurement of the reportable operating segments is based on the same accounting principles applied in these financial statements.
|  | 2. | Financial data relating to reportable operating segments:
|  |  | Nine months ended September 30, 201 5 (unaudited) |
|  |  | Commercial |  |  | Mobility |  |  | Services |  |  | Total |
Revenues |  |  |  | 70,026 |  |  |  | 28,695 |  |  |  | 31,140 |  |  |  | 129,861 |
Cost of revenues |  |  |  | 43,824 |  |  |  | 22,672 |  |  |  | 29,641 |  |  |  | 96,137 |
Gross profit |  |  |  | 26,202 |  |  |  | 6,023 |  |  |  | 1,499 |  |  |  | 33,724 |
R&D expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expenses incurred |  |  |  | 12,875 |  |  |  | 6,368 |  |  |  | - |  |  |  | 19,243 |
Less – grants |  |  |  | 546 |  |  |  | 17 |  |  |  | - |  |  |  | 563 |
|  |  |  | 12,329 |  |  |  | 6,351 |  |  |  | - |  |  |  | 18,680 |
Selling and marketing |  |  |  | 12,416 |  |  |  | 5,485 |  |  |  | 824 |  |  |  | 18,725 |
General and administrative |  |  |  | 6,134 |  |  |  | 5,020 |  |  |  | 4,072 |  |  |  | 15,226 |
Restructuring costs |  |  |  | 705 |  |  |  | 281 |  |  |  | - |  |  |  | 986 |
Goodwill impairment |  |  |  | - |  |  |  | 20,402 |  |  |  | - |  |  |  | 20,402 |
Operating loss |  |  |  | (5,382 | ) |  |  | (31,516 | ) |  |  | (3,397 | ) |  |  | (40,295 | )
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (5,850 | )
Loss before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (46,145 | )
Taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 740 |
Net loss from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (46,885 | )
Net loss from discontinued operation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (200 | )
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (47,085 | )
Depreciation and amortization expenses |  |  |  | 3,554 |  |  |  | 5,503 |  |  |  | 2,402 |  |  |  | 11,459 |
|  |  | Nine months ended September 30, 2014 (unaudited) |
|  |  | Commercial |  |  | Mobility |  |  | Services |  |  | Total |
Revenues |  |  |  | 97,603 |  |  |  | 38,972 |  |  |  | 25,461 |  |  |  | 162,036 |
Cost of revenues |  |  |  | 57,667 |  |  |  | 26,300 |  |  |  | 20,206 |  |  |  | 104,173 |
Gross profit |  |  |  | 39,936 |  |  |  | 12,672 |  |  |  | 5,255 |  |  |  | 57,863 |
R&D expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Expenses incurred |  |  |  | 14,153 |  |  |  | 6,678 |  |  |  | - |  |  |  | 20,831 |
Less – grants |  |  |  | 1,406 |  |  |  | 396 |  |  |  | - |  |  |  | 1,802 |
|  |  |  | 12,747 |  |  |  | 6,282 |  |  |  | - |  |  |  | 19,029 |
Selling and marketing |  |  |  | 18,458 |  |  |  | 5,807 |  |  |  | 1,015 |  |  |  | 25,280 |
General and administrative |  |  |  | 5,255 |  |  |  | 4,097 |  |  |  | 4,659 |  |  |  | 14,011 |
Operating income (loss) |  |  |  | 3,476 |  |  |  | (3,514 | ) |  |  | (419 | ) |  |  | (457 | )
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,898 | )
Loss before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,355 | )
Taxes on income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 783 |
Net loss from continuing operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,138 | )
Net loss from discontinued operation |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (795 | )
Net loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,933 | )
Depreciation and amortization expenses |  |  |  | 3,638 |  |  |  | 6,225 |  |  |  | 1,763 |  |  |  | 11,626 |
b. | Revenues by geographic areas:
| Following is a summary of revenues by geographic areas. Revenues attributed to geographic areas, based on the location of the end customers, and in accordance with ASC 280, are as follows:
|  |  | Nine months ended |
|  |  | September 30, |
|  |  | 2015 |  |  | 2014 |
|  |  | Unaudited |
Latin America |  |  | $ | 59,721 |  |  | $ | 71,841 |
Asia and Asia Pacific |  |  |  | 32,678 |  |  |  | 36,423 |
United States |  |  |  | 21,669 |  |  |  | 28,690 |
Europe |  |  |  | 15,539 |  |  |  | 11,883 |
Africa |  |  |  | 254 |  |  |  | 13,199 |
|  |  | $ | 129,861 |  |  | $ | 162,036 |
c. | A major customer located in Latin America accounted for 11% of the total consolidated revenues for the nine months ended September 30, 2015. During the nine months ended September 30, 2014 the Group did not have any customer generating revenues exceeding 10% of the Group's total revenues.
d. | The Group's long-lived assets are located as follows:
|  |  | September 30, |  |  | December 31, |
|  |  | 2015 |  |  | 2014 |
|  |  | Unaudited |  |  |  |
Israel |  |  | $ | 64,433 |  |  | $ | 66,457 |
Latin America |  |  |  | 8,982 |  |  |  | 11,932 |
United States |  |  |  | 1,861 |  |  |  | 1,999 |
Europe |  |  |  | 9,610 |  |  |  | 9,486 |
Other |  |  |  | 1,086 |  |  |  | 1,019 |
|  |  | $ | 85,972 |  |  | $ | 90,893 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
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