XML 80 R38.htm IDEA: XBRL DOCUMENT v3.20.1
CUSTOMERS, GEOGRAPHIC AND SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Financial Data for Reportable Operating Segments
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
 
Schedule of Revenues by Geographic Area
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
 
Schedule of Long-Lived Assets by Geographic Area
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
 
Schedule of Revenues from Major Customers
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%