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Segment Disclosure
6 Months Ended
Apr. 30, 2011
Segment Disclosure  
Segment Disclosure

Note 12. Segment Disclosure

ASC 280, Segment Reporting, requires disclosures of certain information regarding operating segments, products and services, geographic areas of operation and major customers. Segment reporting is based upon the "management approach," i.e., how management organizes the Company's operating segments for which separate financial information is (1) available and (2) evaluated regularly by the Chief Operating Decision Maker (CODM) in deciding how to allocate resources and in assessing performance. The Company's CODMs are the Company's Chief Executive Officer and Chief Operating Officer.

 

The Company provides software and hardware products and consulting services in the EDA industry. The Company operates in a single segment. In making operating decisions, the CODMs primarily consider consolidated financial information, accompanied by disaggregated information about revenues by geographic region. Specifically, the CODMs consider where individual "seats" or licenses to the Company's products are used in allocating revenue to particular geographic areas. Revenue is defined as revenues from external customers. Goodwill is not allocated since the Company operates in one reportable operating segment.

The following table presents the revenues related to operations by geographic areas:

 

     Three Months Ended
April  30,
     Six Months Ended
April  30,
 
     2011      2010      2011      2010  
     (in thousands)  

Revenue:

           

United States

   $ 182,615       $ 163,282       $ 349,315       $ 323,272   

Europe

     50,133         47,462         99,462         91,237   

Japan

     71,698         61,912         138,299         126,243   

Asia-Pacific and other

     89,224         65,450         171,238         127,521   
                                   

Consolidated

   $ 393,670       $ 338,106       $ 758,314       $ 668,273   
                                   

Geographic revenue data for multi-region, multi-product transactions reflect internal allocations and is therefore subject to certain assumptions and to the Company's methodology.

One customer accounted for 10.1% and 10.7% of the Company's consolidated revenue for the three months ended April 30, 2011 and 2010, respectively and one customer accounted for 10.5% and 10.9% of the Company's consolidated revenue for the six months ended April 30, 2011 and 2010, respectively.