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Geographic Information
 12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
GEOGRAPHIC INFORMATION

NOTE 17:- GEOGRAPHIC INFORMATION

 

a.The Company operates in a single reportable segment as a provider of software solutions for the insurance industry. See Note 1 for a brief description of the Company’s business. The data below is presented in accordance with ASC 280, “Segment Reporting”.

 

b.Geographic information:

 

The following table sets forth revenues by country based on the billing address of the customer. Other than as shown below, no other country accounted for more than 10% of the Company’s revenues during the years ended December 31, 2022, 2021 and 2020.

 

   Year ended December 31, 
   2022   2021   2020 
1. Revenues:            
             
North America *)  $197,519   $188,980   $187,258 
Europe **)   232,840    237,054    172,660 
Rest of the world   44,377    35,001    22,985 
                
   $474,736   $461,035   $382,903 

 

*)Revenues from North America that are shown in the above table consist of revenues primarily from the United States (in amounts of $195,916, $186,909 and $186,687 during the years ended December 31, 2022, 2021 and 2020, respectively). Revenues from United States are higher by more than 20% than any other country (including Europe and rest of the world countries).

 

**)Revenues from Europe include revenues from United Kingdom, or UK, European Union countries (including Nordic region) and Israel. Revenues from the UK amounted to $64,380, $63,738 and $42,078 during the years ended December 31, 2022, 2021 and 2020, respectively.

 

   December 31, 
   2022   2021 
2. Long- lived assets, including property and equipment, net and operation right-of-use assets:        
         
Israel  $16,184   $22,263 
North America   8,794    4,737 
APAC   17,229    20,104 
Europe   3,502    11,019 
           
   $45,709   $58,123 

 

c.Major customer data:

 

For the years ended December 31, 2022, 2021 and 2020, no single customer contributed more than 10% to the Company’s total revenues.