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CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION
NOTE 15:-
CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION

The Company applies ASC 280, "Segment Reporting" ("ASC 280"). Operating segments are defined as components of an enterprise for which separate financial information is available and is evaluated regularly by the chief operating decision maker. Segments are managed separately as follows:

Fixed Networks provides advanced fixed broadband satellite communication networks, satellite communication systems and associated professional services and comprehensive turnkey solutions and fully managed satellite network services solutions. The Company’s customers are service providers, satellite operators, mobile network operators, or MNOs, telecommunication companies and large enterprises, consumers and governments worldwide. In addition, it includes the Company’s network operation in Peru.

Mobility Solutions provides advanced on-the-move satellite communications equipment, systems and solutions, including airborne, maritime and ground-mobile satellite systems and solutions. The Company’s product portfolio comprises of high-speed modems, high performance on-the-move antennas and high efficiency, high power SSPAs and BUCs. The Company’s customers are service providers, system integrators, defense and homeland security organizations, as well as other commercial entities worldwide.

Terrestrial Infrastructure Projects includes the Company's construction of fiber and microwave network in Peru.


 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 which includes certain corporate overhead allocations.


2.
The above changes in the Company's reportable segments had no effect on the goodwill assignment among the divisions.


3.
Financial data relating to reportable operating segments:

   
Year ended December 31, 2019
  
   
Fixed Networks
    
Mobility Solutions
    
Terrestrial Infrastructure Projects
    
Total
  
                         
Revenues
  
$
127,265
    
$
104,665
    
$
31,562
    
$
263,492
  
Cost of revenues
    
80,038
      
53,263
      
34,314
      
167,615
  
                                 
Gross profit (loss)
    
47,227
      
51,402
      
(2,752
)
    
95,877
  
                                 
Research and development, net
    
10,919
      
19,265
      
-
      
30,184
  
Selling and marketing
    
14,955
      
6,485
      
48
      
21,488
  
General and administrative
    
11,363
      
5,948
      
1,322
      
18,633
  
                                 
Operating income (loss)
    
9,990
      
19,704
      
(4,122
)
    
25,572
  
Financial expenses, net
                            
2,617
  
                                 
Income before taxes
                            
22,955
  
Taxes on income (benefit)
                            
(13,583
)
                                 
Net income
                          
$
36,538
  
                                 
Depreciation and amortization expenses
  
$
7,032
    
$
3,871
    
$
75
    
$
10,978
  

   
Year ended December 31, 2018
  
   
Fixed Networks
    
Mobility Solutions
    
Terrestrial Infrastructure Projects
    
Total
  
                         
Revenues
  
$
144,208
    
$
97,180
    
$
25,003
    
$
266,391
  
Cost of revenues
    
93,745
      
47,995
      
30,614
      
172,354
  
                                 
Gross profit (loss)
    
50,463
      
49,185
      
(5,611
)
    
94,037
  
                                 
Research and development, net
    
11,764
      
21,259
      
-
      
33,023
  
Selling and marketing
    
16,106
      
6,421
      
179
      
22,706
  
General and administrative
    
11,302
      
4,436
      
1,286
      
17,024
  
                                 
Operating income (loss)
    
11,291
      
17,069
      
(7,076
)
    
21,284
  
Financial expenses, net
                            
4,298
  
                                 
Income before taxes
                            
16,986
  
Taxes on income (benefit)
                            
(1,423
)
                                 
Net income
                          
$
18,409
  
                                 
Depreciation and amortization expenses
  
$
6,811
    
$
6,128
    
$
210
    
$
13,149
  

   
Year ended December 31, 2017
  
   
Fixed Networks
    
Mobility Solutions
    
Terrestrial Infrastructure Projects
    
Total
  
                         
Revenues
  
$
116,105
    
$
88,397
    
$
78,254
    
$
282,756
  
Cost of revenues
    
81,920
      
46,493
      
71,848
      
200,261
  
                                 
Gross profit
    
34,185
      
41,904
      
6,406
      
82,495
  
                                 
Research and development, net
    
12,172
      
15,842
      
-
      
28,014
  
Selling and marketing
    
17,782
      
5,782
      
195
      
23,759
  
General and administrative
    
10,987
      
6,326
      
2,548
      
19,861
  
                                 
Operating income (loss)
    
(6,756
)
    
13,954
      
3,663
      
10,861
  
Financial expenses, net
                            
4,307
  
                                 
Income before taxes
                            
6,554
  
Taxes on income (benefit)
                            
(247
)
                                 
Net income
                          
$
6,801
  
                                 
Depreciation and amortization expenses
  
$
5,046
    
$
7,902
    
$
192
    
$
13,140
  


b.
Geographic information:

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:

   
Year ended December 31,
  
   
2019
    
2018
    
2017
  
                   
Latin America
  
$
81,622
    
$
94,707
    
$
132,134
  
Asia Pacific
    
44,181
      
39,381
      
34,586
  
North America
    
107,520
      
97,122
      
73,921
  
Europe, the Middle East and Africa
    
30,169
      
35,181
      
42,115
  
                         
   
$
263,492
    
$
266,391
    
$
282,756
  


c.
The Company's long-lived assets (property and equipment, net) are located as follows:

   
December 31,
  
   
2019
    
2018
  
             
Israel
  
$
62,531
    
$
64,018
  
Latin America
    
3,828
      
4,564
  
United States
    
6,159
      
5,620
  
Europe
    
9,025
      
9,117
  
Other
    
1,041
      
1,084
  
                 
   
$
82,584
    
$
84,403
  


d.
The table below represents the revenues from major customers:

   
Year ended December 31,
  
   
2019
    
2018
    
2017
  
                   
Customer A
    
16
%
    
10
%
    
28
%
Customer B
    
12
%
    
15
%
    
*
)
Customer C
    
11
%
    
*
)
    
*
)
Customer D
    
*
)
    
13
%
    
*
)

*)          Less than 10%

Customer A is located in Peru, Customers B and C are located in North America and Customer D is located in Colombia.