Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.10.0.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Segment Reporting [Abstract]    
Reconciliation of operating profit (loss) by segment
The following table summarizes revenue and gross margin by our reportable segments for the three and six months ended June 30, 2018 and 2017 (in thousands):

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Revenue:
 
 
 
 
 
 
 
Media & Content
 
 
 
 
 
 
 
Licensing and services
$
83,455

 
$
74,566

 
$
158,369

 
$
150,945

Connectivity
 
 
 
 
 
 
 
Services
72,973

 
71,582

 
144,585

 
138,845

Equipment
9,534

 
9,594

 
19,505

 
18,544

Total
82,507

 
81,176

 
164,090

 
157,389

Total revenue
$
165,962

 
$
155,742

 
$
322,459

 
$
308,334

Cost of sales:
 
 
 
 
 
 
 
Media & Content
 
 
 
 
 
 
 
Licensing and services
$
58,456

 
$
56,693

 
$
112,910

 
$
110,949

Connectivity
 
 
 
 
 
 
 
Services
63,848

 
52,230

 
121,885

 
100,846

Equipment
4,427

 
9,167

 
10,415

 
16,835

Total
68,275

 
61,397

 
132,300

 
117,681

Total cost of sales
$
126,731

 
$
118,090

 
$
245,210

 
$
228,630

Gross Margin:
 
 
 
 
 
 
 
Media & Content
$
24,999

 
$
17,873

 
$
45,459

 
$
39,996

Connectivity
14,232

 
19,779

 
31,790

 
39,708

Total Gross Margin
39,231

 
37,652

 
77,249

 
79,704

Other operating expenses
60,764

 
63,760

 
128,228

 
207,225

Loss from operations
$
(21,533
)
 
$
(26,108
)
 
$
(50,979
)
 
$
(127,521
)
 
Schedule of assets by segment  
The Company’s total assets by segment were as follows (in thousands):

 
 
June 30, 2018
 
December 31, 2017
Media & Content
 
$
351,462

 
$
362,216

Connectivity
 
456,507

 
479,714

Total segment assets
 
807,969

 
841,930

Corporate assets
 
16,508

 
18,654

Total assets
 
$
824,477

 
$
860,584