PRODUCT AND GEOGRAPHIC INFORMATION (Notes)

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

PRODUCT AND GEOGRAPHIC INFORMATION

PRODUCT AND GEOGRAPHIC INFORMATION

The Company provides digital media content-creation, management and distribution 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 2014, 2013 and 2012 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 and solutions are 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 film, television programmings, news broadcasts, commercials and other video content. Video products also include Avid ISIS shared storage systems and Avid Interplay asset management solutions that provide complete network, storage and database solutions to enable users to simultaneously share and manage media assets throughout a project or organization.

The Company’s audio products and solutions 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 a range of complementary control surfaces and consoles, including the System 5 and System 6 modular consoles, as well as the VENUE live-sound systems 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, 2014, 2013 and 2012 (in thousands):

	Year Ended December 31,
	2014		2013		2012
Video products and solutions	$	233,464	$	243,173	$	276,909
Audio products and solutions	145,163		152,358		201,921
Total products and solutions	378,627		395,531		478,830
Services	151,624		167,881		156,873
Total net revenues	$	530,251	$	563,412	$	635,703

The following table sets forth the Company’s revenues from continuing operations by geographic region for the years ended December 31, 2014, 2013 and 2012 (in thousands):

	Year Ended December 31,
	2014		2013		2012
Revenues:
United States	$	193,060	$	218,154	$	249,364
Other Americas	45,342		43,131		47,817
Europe, Middle East and Africa	217,767		214,441		245,189
Asia-Pacific	74,082		87,686		93,333
Total net revenues	$	530,251	$	563,412	$	635,703

The following table presents the Company’s long-lived assets, excluding intangible assets, by geography at December 31, 2014 and 2013 (in thousands):

	December 31,
	2014		2013
Long-lived assets:
United States	$	30,465	$	33,193
Other countries	3,945		4,385
Total long-lived assets	$	34,410	$	37,578