PRODUCT AND GEOGRAPHIC INFORMATION (Notes)

12 Months Ended

Dec. 31, 2016

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 2016, 2015 and 2014 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 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 by type for the years ended December 31, 2016, 2015 and 2014 (in thousands):

	Year Ended December 31,
	2016		2015		2014
Video products and solutions	$	155,408	$	201,559	$	233,464
Audio products and solutions	127,702		134,812		145,163
Total products and solutions	283,110		336,371		378,627
Services	228,820		169,224		151,624
Total net revenues	$	511,930	$	505,595	$	530,251

The following table sets forth the Company’s revenues from by geographic region for the years ended December 31, 2016, 2015 and 2014 (in thousands):

	Year Ended December 31,
	2016		2015		2014
Revenues:
United States	$	186,658	$	185,109	$	193,060
Other Americas	38,824		37,081		45,342
Europe, Middle East and Africa	206,605		206,192		217,767
Asia-Pacific	79,843		77,213		74,082
Total net revenues	$	511,930	$	505,595	$	530,251

Other than the United States, no single country accounted for more than 10% of revenue for all periods presented.

The following table presents the Company’s long-lived assets, excluding intangible assets, by geography at December 31, 2016 and 2015 (in thousands):

	December 31,
	2016		2015
Long-lived assets:
United States	$	29,970	$	30,684
Other countries	11,786		11,920
Total long-lived assets	$	41,756	$	42,604