SEGMENT INFORMATION (Notes)

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company provides digital media content-creation products and solutions for film, video, audio and broadcast professionals, as well as artists and musicians, which the Company classifies as two types, video and audio. The Company also classifies all its maintenance, professional services and training revenues as services revenues. Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance. The Company’s evaluation of the discrete financial information that is regularly reviewed by the chief operating decision makers determined that in 2013, 2012 and 2011 the Company had only one operating segment. Specifically, the Company does not internally measure profitability based upon video, audio, or service revenue.

The Company’s video products include hardware and software solutions designed to improve the productivity of video and film editors and broadcasters by enabling them to edit video, film and sound; manage media assets; and automate workflows. Professional video creative software and hardware products include the Media Composer product line used to edit television programs, commercials and films; the NewsCutter and Instinct editors designed for news production; and Avid Symphony Nitris DX and Avid DS, which are used during post production. Video products also include Avid ISIS shared storage and Interplay workflow solutions that provide complete network, storage and database solutions based on the Company’s Avid Unity MediaNetwork technology and enable users to simultaneously share and manage media assets throughout a project or organization.

The Company’s audio products include digital audio software and workstation solutions, control surfaces, live sound systems and notation software that provide music creation; audio recording, editing, and mixing; and live performance solutions. Audio products include Pro Tools digital audio software and workstation solutions to facilitate the audio production process, including music and sound creation, recording, editing, signal processing, integrated surround mixing and mastering, and reference video playback. Audio products also include the ICON (Integrated Console System) systems, including the D-Control and D-Command control surfaces, the VENUE live-sound mixing consoles and Sibelius-branded notation software.

The Company’s services revenues are primarily derived from the sale of maintenance contracts and professional service and the recognition of revenues for Implied Maintenance Release PCS. The Company provides online and telephone support and access to software upgrades for customers whose products are under warranty or covered by a maintenance contract. The Company’s professional services team provides installation, integration, planning, consulting and training services.

The following is a summary of the Company’s revenues from continuing operations by type for the years ended December 31, 2013, 2012 and 2011 (Restated) (in thousands):

	Year Ended December 31,
					2011
	2013		2012		(Restated)
Video products and solutions net revenues	$	243,173	$	276,909	$	298,633
Audio products and solutions net revenues	152,358		201,921		362,087
Products and solutions net revenues	395,531		478,830		660,720
Services net revenues	167,881		156,873		106,165
Total net revenues	$	563,412	$	635,703	$	766,885

The following table sets forth the Company’s revenues from continuing operations by geographic region for the years ended December 31, 2013, 2012 and 2011 (Restated) (in thousands):

	Year Ended December 31,
					2011
	2013		2012		(Restated)
Revenues:
United States	$	218,154	$	249,364	$	316,553
Other Americas	43,131		47,817		62,162
Europe, Middle East and Africa	214,441		245,189		267,678
Asia-Pacific	87,686		93,333		120,492
Total net revenues	$	563,412	$	635,703	$	766,885

The following table presents the Company’s long-lived assets, excluding intangible assets, by geography at December 31, 2013 and 2012 (in thousands):

	December 31,
	2013		2012
Long-lived assets:
United States	$	33,193	$	39,948
Other countries	4,385		5,286
Total long-lived assets	$	37,578	$	45,234