XML 80 R38.htm IDEA: XBRL DOCUMENT
v3.20.1

CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Segment Reporting [Abstract] |
Schedule of Financial Data for Reportable Operating Segments |
Financial data relating to reportable operating segments:
|  | Year ended December 31, 2019 |
|  | Fixed Networks |  |  | Mobility Solutions |  |  | Terrestrial Infrastructure Projects |  |  | Total |
Revenues |  | $ | 127,265 |  |  | $ | 104,665 |  |  | $ | 31,562 |  |  | $ | 263,492 |
Cost of revenues |  |  | 80,038 |  |  |  | 53,263 |  |  |  | 34,314 |  |  |  | 167,615 |
Gross profit (loss) |  |  | 47,227 |  |  |  | 51,402 |  |  |  | (2,752 | ) |  |  | 95,877 |
Research and development, net |  |  | 10,919 |  |  |  | 19,265 |  |  |  | - |  |  |  | 30,184 |
Selling and marketing |  |  | 14,955 |  |  |  | 6,485 |  |  |  | 48 |  |  |  | 21,488 |
General and administrative |  |  | 11,363 |  |  |  | 5,948 |  |  |  | 1,322 |  |  |  | 18,633 |
Operating income (loss) |  |  | 9,990 |  |  |  | 19,704 |  |  |  | (4,122 | ) |  |  | 25,572 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,617 |
Income before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 22,955 |
Taxes on income (benefit) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (13,583 | )
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 36,538 |
Depreciation and amortization expenses |  | $ | 7,032 |  |  | $ | 3,871 |  |  | $ | 75 |  |  | $ | 10,978 |
|  | Year ended December 31, 2018 |
|  | Fixed Networks |  |  | Mobility Solutions |  |  | Terrestrial Infrastructure Projects |  |  | Total |
Revenues |  | $ | 144,208 |  |  | $ | 97,180 |  |  | $ | 25,003 |  |  | $ | 266,391 |
Cost of revenues |  |  | 93,745 |  |  |  | 47,995 |  |  |  | 30,614 |  |  |  | 172,354 |
Gross profit (loss) |  |  | 50,463 |  |  |  | 49,185 |  |  |  | (5,611 | ) |  |  | 94,037 |
Research and development, net |  |  | 11,764 |  |  |  | 21,259 |  |  |  | - |  |  |  | 33,023 |
Selling and marketing |  |  | 16,106 |  |  |  | 6,421 |  |  |  | 179 |  |  |  | 22,706 |
General and administrative |  |  | 11,302 |  |  |  | 4,436 |  |  |  | 1,286 |  |  |  | 17,024 |
Operating income (loss) |  |  | 11,291 |  |  |  | 17,069 |  |  |  | (7,076 | ) |  |  | 21,284 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,298 |
Income before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 16,986 |
Taxes on income (benefit) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,423 | )
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 18,409 |
Depreciation and amortization expenses |  | $ | 6,811 |  |  | $ | 6,128 |  |  | $ | 210 |  |  | $ | 13,149 |
|  | Year ended December 31, 2017 |
|  | Fixed Networks |  |  | Mobility Solutions |  |  | Terrestrial Infrastructure Projects |  |  | Total |
Revenues |  | $ | 116,105 |  |  | $ | 88,397 |  |  | $ | 78,254 |  |  | $ | 282,756 |
Cost of revenues |  |  | 81,920 |  |  |  | 46,493 |  |  |  | 71,848 |  |  |  | 200,261 |
Gross profit |  |  | 34,185 |  |  |  | 41,904 |  |  |  | 6,406 |  |  |  | 82,495 |
Research and development, net |  |  | 12,172 |  |  |  | 15,842 |  |  |  | - |  |  |  | 28,014 |
Selling and marketing |  |  | 17,782 |  |  |  | 5,782 |  |  |  | 195 |  |  |  | 23,759 |
General and administrative |  |  | 10,987 |  |  |  | 6,326 |  |  |  | 2,548 |  |  |  | 19,861 |
Operating income (loss) |  |  | (6,756 | ) |  |  | 13,954 |  |  |  | 3,663 |  |  |  | 10,861 |
Financial expenses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 4,307 |
Income before taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 6,554 |
Taxes on income (benefit) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (247 | )
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 6,801 |
Depreciation and amortization expenses |  | $ | 5,046 |  |  | $ | 7,902 |  |  | $ | 192 |  |  | $ | 13,140 |
Schedule of Revenues by Geographic Area | 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:
|  | Year ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Latin America |  | $ | 81,622 |  |  | $ | 94,707 |  |  | $ | 132,134 |
Asia Pacific |  |  | 44,181 |  |  |  | 39,381 |  |  |  | 34,586 |
North America |  |  | 107,520 |  |  |  | 97,122 |  |  |  | 73,921 |
Europe, the Middle East and Africa |  |  | 30,169 |  |  |  | 35,181 |  |  |  | 42,115 |
|  | $ | 263,492 |  |  | $ | 266,391 |  |  | $ | 282,756 |
Schedule of Long-Lived Assets by Geographic Area |
The Company's long-lived assets (property and equipment, net) are located as follows:
|  | December 31, |
|  | 2019 |  |  | 2018 |
Israel |  | $ | 62,531 |  |  | $ | 64,018 |
Latin America |  |  | 3,828 |  |  |  | 4,564 |
United States |  |  | 6,159 |  |  |  | 5,620 |
Europe |  |  | 9,025 |  |  |  | 9,117 |
Other |  |  | 1,041 |  |  |  | 1,084 |
|  | $ | 82,584 |  |  | $ | 84,403 |
Schedule of Revenues from Major Customers |
The table below represents the revenues from major customers:
|  | Year ended December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Customer A |  |  | 16 | % |  |  | 10 | % |  |  | 28 | %
Customer B |  |  | 12 | % |  |  | 15 | % |  |  | * | )
Customer C |  |  | 11 | % |  |  | * | ) |  |  | * | )
Customer D |  |  | * | ) |  |  | 13 | % |  |  | * | )
*) Less than 10%

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + 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 (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRevenueByMajorCustomersByReportingSegmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 2: 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 http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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 http://asc.fasb.org/extlink&oid=115929826&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 http://asc.fasb.org/extlink&oid=115929826&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 http://asc.fasb.org/extlink&oid=108376223&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 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum: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