XML 51 R39.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Reconciliation of Total Segment Operating Income to Consolidated Operating Income Information on reportable segments and reconciliation to consolidated income from operations is as follows (in thousands):
Three Months Ended
June 30,		Six Months Ended
June 30,
2021202020212020
Revenue by reportable segment:
Digital Media$253,977 $163,987 $480,850 $326,678 
Cloud Services
Fax and Martech105,127 93,976 206,181 188,643 
Voice, Backup, Security, and CPP70,232 73,082 140,607 148,199 
Cloud Services Total175,359 167,058 346,788 336,842 
Elimination of inter-segment revenues(292)(61)(410)(144)
Total segment revenues429,044 330,984 827,228 663,376 
Corporate (1)
— — — 1 
Total revenues$429,044 $330,984 $827,228 $663,377 
Gross profit by reportable segment:
Digital Media$228,698 $146,649 $434,759 $288,569 
Cloud Services
Fax and Martech85,760 77,245 169,749 156,714 
Voice, Backup, Security, and CPP51,334 50,386 101,760 102,341 
Cloud Services Total137,094 127,631 271,509 259,055 
Elimination of inter-segment gross profit(76)(61)(126)(144)
Total segment gross profit365,716 274,219 706,142 547,480 
Corporate (1)
(9)(37)(74)(36)
Total gross profit$365,707 $274,182 $706,068 $547,444 
Direct costs by reportable segment (2):
Digital Media (3)
$184,592 $126,748 $360,010 $260,215 
Cloud Services
Fax and Martech (3)
34,116 27,204 65,052 57,134 
Voice, Backup, Security, and CPP (3)
39,944 35,631 79,949 78,186 
Cloud Services Total74,060 62,835 145,001 135,320 
Elimination of inter-segment direct costs(76)(61)(126)(144)
Total segment direct costs
258,576 189,522 504,885 395,391 
Corporate (1)
12,847 11,620 28,419 23,766 
Total direct costs (2)
$271,423 $201,142 $533,304 $419,157 
Operating income by reportable segment:
Digital Media$44,106 $19,901 $74,749 $28,354 
Cloud Services
Fax and Martech51,644 50,041 104,697 99,580 
Voice, Backup, Security, and CPP11,390 14,755 21,811 24,155 
Cloud Services Total63,034 64,796 126,508 123,735 
Total segment operating income107,140 84,697 201,257 152,089 
Corporate (1)
(12,856)(11,657)(28,493)(23,802)
Total income from operations$94,284 $73,040 $172,764 $128,287 
(1) Corporate includes costs associated with general and administrative and other expenses that are managed on a global basis and that are not directly attributable to any particular segment.
(2) Direct costs for each segment include other operating expenses that are directly attributable to the segment, such as employee compensation expense, local sales and marketing expenses, engineering and network operations expense, depreciation and amortization and other administrative expenses.
(3) Beginning in the third quarter of 2020, certain expenses associated with Corporate that were previously allocated to the Cloud Services business and the Digital Media business for shared costs incurred by Corporate were no longer allocated. Table above has been recast to remove the impact of certain expenses associated with Corporate that were previously allocated to the Cloud Services and Digital Media businesses.
Total Assets, Capital Expenditures, Depreciation and Amortization
The CODM does not use Balance Sheet and Cash Flow information in connection with operating and investment decisions other than as presented for Digital Media and Cloud Services. Accordingly, the following segment information is presented for Digital Media and Cloud Services.

June 30, 2021
December 31, 2020
Assets:
Digital Media$1,957,615 $2,088,397 
Cloud Services (1)
1,577,022 1,473,398 
Total assets from Digital Media and Cloud Services3,534,637 3,561,795 
Corporate168,729 103,536 
Total assets$3,703,366 $3,665,331 
(1) Assets of $107.1 million, which were classified as held for sale, were included within Cloud Services at June 30, 2021 (see Note 6 - Assets Held For Sale).
Six Months Ended
June 30,
20212020
Capital expenditures:
Digital Media$38,047 $29,441 
Cloud Services19,719 21,096 
Total capital expenditures from Digital Media and Cloud Services57,766 50,537 
Corporate— — 
Total capital expenditures$57,766 $50,537 

Three Months Ended June 30,Six Months Ended
June 30,
2021202020212020
Depreciation and amortization:
Digital Media$49,076 $32,565 $97,426 $65,120 
Cloud Services15,615 16,992 32,662 37,831 
Total depreciation and amortization from Digital Media and Cloud Services64,691 49,557 130,088 102,951 
Corporate45 531 138 1,117 
Total depreciation and amortization$64,736 $50,088 $130,226 $104,068 
Revenues and Long-lived Assets by Geographic Information
J2 Global maintains operations in the U.S., Canada, Ireland, Japan and other countries. Geographic information about the U.S. and all other countries for the reporting periods is presented below. Such information attributes revenues based on jurisdictions where revenues are reported (in thousands).

Three Months Ended
June 30,		Six Months Ended
June 30,
2021202020212020
Revenues:
United States$328,531 $261,157 $580,602 $531,466 
Canada20,909 17,000 44,450 33,570 
Ireland29,823 12,570 88,261 25,573 
All other countries49,781 40,257 113,915 72,768 
$429,044 $330,984 $827,228 $663,377 
June 30,
2021
December 31, 2020
Long-lived assets:
United States$858,369 $918,125 
All other countries
78,952 54,073 
Total (1)
$937,321 $972,198 

(1) Long-lived assets of $38.1 million, which were classified as assets held for sale, were included within the schedule above at June 30, 2021.