SHOR » Topics » 13. SEGMENT INFORMATION

This excerpt taken from the SHOR 10-Q filed May 8, 2009.

12. Segment Information

SFAS No. 131 (SFAS 131), Disclosures About Segments of an Enterprise and Related Information, established standards for reporting information about operating segments. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision-maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company is organized as, and operates in, one reportable segment: the development and sale of IP voice communication systems. The Company’s chief operating decision-maker is its Chief Executive Officer. The Company’s Chief Executive Officer reviews financial information presented on a consolidated basis for purposes of evaluating financial performance and allocating resources, accompanied by information about revenue by geographic regions. The Company’s assets are primarily located in the United States of America and not allocated to any specific region and it does not measure the performance of its geographic regions based upon on asset-based metrics. Therefore, geographic information is presented only for revenue.

The Company reports revenues by geographic area, which is categorized into two major regions: United States and International. (in thousands):

 

     Three Months Ended
March 31,
   Nine Months Ended
March 31,
     2009    2008    2009    2008

United States

   $ 28,824    $ 29,086    $ 95,186    $ 87,836

International

     2,413      2,403      7,246      6,189
                           

Total

   $ 31,237    $ 31,489    $ 102,432    $ 94,025
                           
This excerpt taken from the SHOR 10-Q filed Feb 9, 2009.

13. Segment Information

SFAS No. 131 (SFAS 131), Disclosures About Segments of an Enterprise and Related Information, established standards for reporting information about operating segments. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision-maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company is organized as, and operates in, one reportable segment: the development and sale of IP voice communication systems. The Company’s chief operating decision-maker is its Chief Executive Officer. The Company’s Chief Executive Officer reviews financial information presented on a consolidated basis for purposes of evaluating financial performance and allocating resources, accompanied by information about revenue by geographic regions. The Company’s assets are primarily located in the United States of America and not allocated to any specific region and it does not measure the performance of its geographic regions based upon on asset-based metrics. Therefore, geographic information is presented only for revenue.

The Company reports revenues by geographic area, which is categorized into two major regions: United States and International. (in thousands):

 

     Three Months Ended
December 31,
   Six Months Ended
December 31,
     2008    2007    2008    2007

United States

   $ 32,753    $ 27,877    $ 66,362    $ 58,750

International

     2,582      2,684      4,833      3,786
                           

Total

   $ 35,335    $ 30,561    $ 71,195    $ 62,536
                           
This excerpt taken from the SHOR 10-Q filed Nov 6, 2008.

13. Segment Information

SFAS No. 131 (SFAS 131), Disclosures About Segments of an Enterprise and Related Information, established standards for reporting information about operating segments. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision-maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company is organized as, and operates in, one reportable segment: the development and sale of IP voice communication systems. The Company’s chief operating decision-maker is its Chief Executive Officer. The Company’s Chief Executive Officer reviews financial information presented on a consolidated basis, accompanied by information about revenue by geographic region, for purposes of evaluating financial performance and allocating resources. The Company has operations in North America, Asia Pacific and Europe; however, the portion of revenues that International operations contribute is less than 10% of consolidated revenues. As such, it does not meet the requirement under SFAS 131 to be reported as a separate segment. The Company’s assets are primarily located in the United States of America and not allocated to any specific region.

The following presents total revenue by geographic region (in thousands):

 

     Three Months Ended
September 30,
     2008    2007

United States

   $ 33,609    $ 30,873

International

     2,251      1,102
             

Total

   $ 35,860    $ 31,975
             
This excerpt taken from the SHOR 10-K filed Sep 12, 2008.

13.    SEGMENT INFORMATION

SFAS No. 131 (SFAS 131), Disclosures About Segments of an Enterprise and Related Information, established standards for reporting information about operating segments. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision-maker, or decision-making group, in deciding how to allocate resources and in assessing performance. The Company is organized as, and operates in, one reportable segment: the development and sale of IP voice communication systems. The Company’s chief operating decision-maker is its Chief Executive Officer. The Company’s Chief Executive Officer reviews financial information presented on a consolidated basis, accompanied by information about revenue by geographic region, for purposes of evaluating financial performance and allocating resources. The Company has operations in North America, Asia Pacific and Europe; however, the portion of revenues that International operations contributes is less than 10% of consolidated revenues. As such, it does not meet the requirement under SFAS 131 to be reported as a separate segment. Revenue is attributed by geographic location based on the location of the billing address of the channel partner or enterprise customer if sold directly to the enterprise customer. The Company’s assets are primarily located in the United States of America and not allocated to any specific region.

The following presents total revenue by geographic region (in thousands):

 

     Year Ended June 30,
     2008    2007    2006

North America

   $ 122,741    $ 95,448    $ 60,954

International

     5,988      2,379      654
                    

Total

   $ 128,729    $ 97,827    $ 61,608
                    

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Table of Contents

SHORETEL, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

 

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