Segment Information (Tables)
|
12 Months Ended |
Dec. 31, 2017 |
|---|
| Segment Reporting [Abstract] |
|
| Reconciliation of operating profit (loss) by segment |
Revenue and contribution profit by segment were as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2017 |
|
2016 |
|
2015 |
Revenue: |
|
|
|
|
|
Media & Content |
|
|
|
|
|
Licensing & Services |
$ |
298,935 |
|
|
$ |
318,064 |
|
|
$ |
308,067 |
|
Connectivity |
|
|
|
|
|
Services |
282,985 |
|
|
178,471 |
|
|
96,912 |
|
Equipment |
37,549 |
|
|
33,220 |
|
|
21,051 |
|
Total |
320,534 |
|
|
211,691 |
|
|
117,963 |
|
Total revenue |
$ |
619,469 |
|
|
$ |
529,755 |
|
|
$ |
426,030 |
|
Contribution profit (1):
|
|
|
|
|
|
Media & Content |
$ |
81,026 |
|
|
$ |
104,036 |
|
|
$ |
104,374 |
|
Connectivity |
76,323 |
|
|
60,249 |
|
|
42,500 |
|
Total contribution profit |
157,349 |
|
|
164,285 |
|
|
146,874 |
|
Other operating expenses |
437,157 |
|
|
326,948 |
|
|
155,685 |
|
Loss from operations |
$ |
(279,808 |
) |
|
$ |
(162,663 |
) |
|
$ |
(8,811 |
) |
|
|
(1) |
Includes depreciation expense of $0.6 million (Media & Content) and $29.2 million (Connectivity) for the year ended December 31, 2017, $0.7 million (Media & Content) and $10.2 million (Connectivity) for the year ended December 31, 2016, and $0.7 million (Media & Content) and $2.2 million (Connectivity) for the year ended December 31, 2015. Also includes amortization expense of $0.2 million (Media & Content) for the year ended December 31, 2015.
|
|
| Geographical revenue by segment |
Geographical revenue by segment as presented below is based on the billing location of the customer. Revenue from external customers was as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year Ended December 31, |
|
2017 |
|
2016 |
|
2015 |
Media & Content: |
|
|
|
|
|
United States and Canada |
$ |
67,807 |
|
|
$ |
80,765 |
|
|
$ |
78,662 |
|
Europe |
52,551 |
|
|
48,527 |
|
|
39,738 |
|
Asia and Middle East |
149,644 |
|
|
152,758 |
|
|
155,818 |
|
Other |
28,933 |
|
|
36,014 |
|
|
33,849 |
|
Total |
$ |
298,935 |
|
|
$ |
318,064 |
|
|
$ |
308,067 |
|
Connectivity: |
|
|
|
|
|
United States |
$ |
195,363 |
|
|
$ |
150,532 |
|
|
$ |
102,598 |
|
Europe |
77,102 |
|
|
37,319 |
|
|
14,833 |
|
Africa, Middle East and Asia |
26,966 |
|
|
13,759 |
|
|
— |
|
Other |
21,103 |
|
|
10,081 |
|
|
532 |
|
Total |
$ |
320,534 |
|
|
$ |
211,691 |
|
|
$ |
117,963 |
|
|
$ |
619,469 |
|
|
$ |
529,755 |
|
|
$ |
426,030 |
|
|
| Property, Plant and Equipment by Geographic Areas |
The following table summarizes net property, plant and equipment by country (in thousands):
|
|
|
|
|
|
|
|
|
|
December 31, |
|
2017 |
|
2016 |
Media & Content: |
|
|
|
United States and Canada |
$ |
1,628 |
|
|
$ |
2,803 |
|
United Kingdom |
4,531 |
|
|
3,023 |
|
India |
1,745 |
|
|
2,013 |
|
Other |
346 |
|
|
1,338 |
|
Total |
$ |
8,250 |
|
|
$ |
9,177 |
|
Connectivity: |
|
|
|
United States |
$ |
162,133 |
|
|
$ |
130,924 |
|
Germany |
15,316 |
|
|
16,321 |
|
Other |
4,574 |
|
|
4,139 |
|
Total |
$ |
182,023 |
|
|
$ |
151,384 |
|
Corporate |
|
|
|
United States |
$ |
4,756 |
|
|
$ |
5,488 |
|
Total |
$ |
4,756 |
|
|
$ |
5,488 |
|
|
$ |
195,029 |
|
|
$ |
166,049 |
|
|