Note 13 - Business Segment Information

12 Months Ended

Jan. 31, 2020

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

1

3

. BUSINESS SEGMENT INFORMATION

The Company markets its products and services worldwide, primarily to companies in the manufacturing industry, including automotive, consumer products, food and beverage, high technology, industrial products and life sciences industries. The Company sells and licenses its products through its direct sales force in

four

geographic regions: North America; Europe, the Middle East and Africa (EMEA); Asia Pacific; and Latin America and through distributors where

third

parties can extend sales reach more effectively or efficiently. The North America region includes the United States and Canada. The EMEA region includes Europe, the Middle East and Africa. The Asia Pacific region includes Asia and Australia. The Latin America region includes South America, Central America and Mexico. In accordance with Topic

606,

the Company reports disaggregated revenue by geography and by industry as the Company believes it best depicts how the nature, amount, timing and uncertainty of revenue and cash flows are affected by economic factors.  The Company does

not

consider reporting by industry an operating segment in accordance with ASC

280,

Segment Reporting

, because discrete financial information by industry is

not

available. The Company’s Chief Operating Decision Maker, the Chief Executive Officer, reviews the consolidated results within

one

operating segment.

Subscription, license and maintenance revenues are generally assigned to the region where a majority of end users are located. Professional services revenue is assigned based on the region where the services are delivered.

	Years Ended January 31,
	2020		2019		2018
	(in thousands)
Revenue:
North America (1)	$	151,097	$	162,307	$	141,614
EMEA		90,885		96,989		89,693
Asia Pacific		46,363		51,628		50,689
Latin America		22,427		22,092		23,022
	$	310,772	$	333,016	$	305,018

( 1 ) Sales into Canada accounted for 2% of North America total revenue for each of the fiscal years 2020, 2019 and 2018.

Property and equipment, net are assigned by geographic region based on the location of each legal entity.

	January 31,
	2020		2019
	(in thousands)
Property and equipment, net:
North America	$	23,439	$	24,735
EMEA		3,262		3,090
Asia Pacific		1,674		1,408
Latin America		312		388
	$	28,687	$	29,621