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Segment Geographical Information and Major Customers
 12 Months Ended
Dec. 31, 2021
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 
2019                    
                     
Total revenues  $86,140   $239,490   $
-
   $325,630 
Expenses   71,825    216,842    3,311    291,978 
                     
Segment operating income (loss)  $14,315   $22,648   $(3,311)  $33,652 
                     
Depreciation and amortization  $8,799   $5,059   $167   $14,025 
                     
2020                    
                     
Total revenues  $86,025   $285,169   $
-
   $371,194 
Expenses   64,498    258,907    7,201    330,606 
                     
Segment operating income (loss)  $21,527   $26,262   $(7,201)  $40,588 
                     
Depreciation and amortization  $10,329   $3,347   $263   $13,939 
                     
2021                    
                     
Total revenues  $95,589    384,736    
-
    480,325 
Expenses   74,863    347,712    6,514    429,089 
                     
Segment operating income (loss)  $20,726    37,024    (6,514)   51,236 
                     
Depreciation and amortization  $9,261    5,220    371    14,852 

 

  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, 2019, 2020 and 2021:

 

   Year ended
December 31,		 
   2021   2020   2019 
United States  $254,342   $177,882   $158,095 
Israel   180,462    149,094    124,523 
Europe   30,085    26,947    25,788 
Japan   11,443    12,643    12,499 
Other   3,993    4,628    4,725 
                
   $480,325   $371,194   $325,630 

 

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

 

   December 31, 
   2021   2020 
Israel  $138,995   $130,326 
United States   76,448    74,637 
Japan   5,521    6,404 
Other   2,950    3,013 
Europe   4,450    5,191 
           
   $228,364   $219,571 

 

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

 

  f. In 2019, 2020 and 2021, the Company had one major customer, included in the IT professional services segment, which accounted for 9%, 10% and 14% of the group revenues, respectively.