CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION

9 Months Ended

Sep. 30, 2015

CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION [Abstract]

CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION

NOTE 10: CUSTOMERS, GEOGRAPHIC AND SEGMENTS INFORMATION

The Group applies ASC 280, "Segment Reporting" ("ASC 280"). Segments are managed separately, for information on operating segments see Note 1a:

a.	Information on the reportable segments:
	1.	The measurement of the reportable operating segments is based on the same accounting principles applied in these financial statements.
	2.	Financial data relating to reportable operating segments:

	Nine months ended September 30, 2015 (unaudited)
	Commercial			Mobility			Services			Total
Revenues		70,026			28,695			31,140			129,861
Cost of revenues		43,824			22,672			29,641			96,137
Gross profit		26,202			6,023			1,499			33,724
R&D expenses:
Expenses incurred		12,875			6,368			-			19,243
Less – grants		546			17			-			563
		12,329			6,351			-			18,680
Selling and marketing		12,416			5,485			824			18,725
General and administrative		6,134			5,020			4,072			15,226
Restructuring costs		705			281			-			986
Goodwill impairment		-			20,402			-			20,402
Operating loss		(5,382	)		(31,516	)		(3,397	)		(40,295	)
Financial expenses, net											(5,850	)
Loss before taxes											(46,145	)
Taxes on income											740
Net loss from continuing operations											(46,885	)
Net loss from discontinued operation											(200	)
Net loss											(47,085	)
Depreciation and amortization expenses		3,554			5,503			2,402			11,459

	Nine months ended September 30, 2014 (unaudited)
	Commercial		Mobility			Services			Total
Revenues		97,603		38,972			25,461			162,036
Cost of revenues		57,667		26,300			20,206			104,173
Gross profit		39,936		12,672			5,255			57,863
R&D expenses:
Expenses incurred		14,153		6,678			-			20,831
Less – grants		1,406		396			-			1,802
		12,747		6,282			-			19,029
Selling and marketing		18,458		5,807			1,015			25,280
General and administrative		5,255		4,097			4,659			14,011
Operating income (loss)		3,476		(3,514	)		(419	)		(457	)
Financial expenses, net										(1,898	)
Loss before taxes										(2,355	)
Taxes on income										783
Net loss from continuing operations										(3,138	)
Net loss from discontinued operation										(795	)
Net loss										(3,933	)
Depreciation and amortization expenses		3,638		6,225			1,763			11,626

b.	Revenues by geographic areas:
	Following is a summary of revenues by geographic areas. Revenues attributed to geographic areas, based on the location of the end customers, and in accordance with ASC 280, are as follows:

	Nine months ended
	September 30,
	2015		2014
	Unaudited
Latin America	$	59,721	$	71,841
Asia and Asia Pacific		32,678		36,423
United States		21,669		28,690
Europe		15,539		11,883
Africa		254		13,199
	$	129,861	$	162,036

c.	A major customer located in Latin America accounted for 11% of the total consolidated revenues for the nine months ended September 30, 2015. During the nine months ended September 30, 2014 the Group did not have any customer generating revenues exceeding 10% of the Group's total revenues.
d.	The Group's long-lived assets are located as follows:

	September 30,		December 31,
	2015		2014
	Unaudited
Israel	$	64,433	$	66,457
Latin America		8,982		11,932
United States		1,861		1,999
Europe		9,610		9,486
Other		1,086		1,019
	$	85,972	$	90,893