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Segment Geographical Information and Major Customers

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

SEGMENT GEOGRAPHICAL INFORMATION AND MAJOR CUSTOMERS

NOTE 18:- SEGMENT GEOGRAPHICAL INFORMATION AND MAJOR CUSTOMERS

a. The Company reports its results on the basis of two reportable business segments: software services (which include proprietary and none proprietary software technology) and IT professional services.

The Company evaluates segment performance based on revenues and operating income of each segment. The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies. This data is presented in accordance with ASC 280, “Segment Reporting.”

Headquarters’ general and administrative costs have not been allocated between the different segments.

Software services

The Company develops markets, sells and supports a proprietary and none proprietary application platform, software applications, business and process integration solutions and related services.

IT professional services

The Company offers advanced and flexible IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, as well as supplemental outsourcing services.

There are no significant transactions between the two segments.

b. The following is information about reported segment results of operation:

		Software services				IT professional services				Unallocated expense				Total
2016
Total revenues		$	70,834			$	130,812			$	-			$	201,646
Expenses			58,847				118,414				3,298				180,559
Segment operating income (loss)		$	11,987			$	12,398			$	(3,298	)		$	21,087
Depreciation and amortization		$	7,531			$	3,769			$	308			$	11,608

		Software services				IT professional services				Unallocated expense				Total
2017
Total revenues		$	77,100			$	181,040			$	-			$	258,140
Expenses			63,649				164,558				3,977				232,184
Segment operating income (loss)		$	13,451			$	16,482			$	(3,977	)		$	25,956
Depreciation and amortization		$	9,242			$	4,100			$	269			$	13,611
2018
Total revenues		$	81,332			$	203,043			$	-			$	284,375
Expenses			63,902				183,985				4,790				252,677
Segment operating income (loss)		$	17,430			$	19,058			$	(4,790	)		$	31,698
Depreciation and amortization		$	8,727			$	3,611			$	226			$	12,564

c. The Company’s business is divided into the following geographic areas: United States, Israel, Europe, Japan and other regions. Total revenues are attributed to geographic areas based on the location of the customers.

The following table presents total revenues classified according to geographical destination for the years ended December 31, 2016, 2017 and 2018:

		Year ended December 31,
		2016				2017				2018
United States		$	100,470			$	123,113			$	137,066
Israel			58,079				91,917				103,850
Europe			23,642				26,635				28,257
Japan			11,226				9,253				9,797
Other			8,229				7,222				5,405
		$	201,646			$	258,140			$	284,375

d. The Company’s long-lived assets are located as follows:

		December 31,
		2017				2018
Israel		$	111,217			$	100,206
United States			32,223				30,222
Japan			5,008				5,082
Other			2,931				2,800
Europe			1,289				1,247
		$	152,668			$	139,557

e. The Company does not allocate its assets to its reportable segments; accordingly, asset information by reportable segments is not presented.

f. In 2016, 2017 and 2018, the Company had one major customer, included in the IT professional services segment, which accounted for 9%, 13% and 13% of the group revenues, respectively.

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- References

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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