NOTE 12:- 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 and can be described 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 Companys customers are service providers, satellite operators, mobile network operators, or MNOs, telecommunication companies, or Telcos, and large enterprises, consumers and governments worldwide. In addition, it includes the Companys network operation and managed satellite network services solutions in Peru and Colombia. Mobility Solutions provides advanced on-the-move satellite communications equipment, systems and solutions, including airborne, maritime and ground-mobile satellite systems and solutions. The Companys product portfolio comprises of high-speed modems, high performance on-the-move antennas and high efficiency, high power SSPAs and BUCs. The Companys 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 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. Financial data relating to reportable operating segments: Six months ended June 30, 2019 Fixed Networks Mobility Solutions Terrestrial Infrastructure Projects Total Revenues $ 66,836 $ 43,499 $ 11,459 $ 121,794 Cost of revenues 39,821 22,983 13,435 76,239 Gross profit (loss) 27,015 20,516 (1,976 ) 45,555 Research and development, net 5,323 10,075 - 15,398 Selling and marketing 7,673 3,590 25 11,288 General and administrative 5,635 3,114 778 9,527 Operating income (loss) 8,384 3,737 (2,779 ) 9,342 Financial expenses, net 1,400 Income before taxes 7,942 Taxes on income (benefit) 1,713 Net income 6,229 Depreciation and amortization Expenses $ 3,304 $ 2,340 $ 37 $ 5,681 Six months ended June 30, 2018 Fixed Networks Mobility Solutions Terrestrial Infrastructure Projects Total Revenues $ 73,842 $ 45,778 $ 14,262 $ 133,882 Cost of revenues 46,595 26,279 17,179 90,053 Gross profit (loss) 27,247 19,499 (2,917 ) 43,829 Research and development, net 5,856 10,064 - 15,920 Selling and marketing 8,706 2,857 153 11,716 General and administrative 5,731 2,144 514 8,389 Operating income (loss) 6,954 4,434 (3,584 ) 7,804 Financial expenses, net 2,188 Income before taxes 5,616 Taxes on income (benefit) 1,154 Net income 4,462 Depreciation and amortization Expenses $ 3,365 $ 3,898 $ 59 $ 7,322 b. Disaggregation of Revenues: 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: Six months ended June 30, 2019 2018 Latin America $ 36,528 $ 54,670 Asia and Asia Pacific 27,432 17,240 United States 46,076 45,773 Europe 11,758 16,199 $ 121,794 $ 133,882 c. The Company's long-lived assets are located as follows: Property and Equipment, net: June 30, December 31, 2019 2018 Israel $ 63,024 $ 64,018 Latin America 4,502 4,564 United States 5,365 5,620 Europe 9,086 9,117 Other 489 1,084 $ 82,466 $ 84,403 d. The table below represents the revenues from major customers: Six months ended June 30, 2019 2018 Customer A 17 % 12 % Customer B *) 11 % Customer C *) 16 % *) Less than 10% Customer A is located in North America, Customer B is located in Peru and Customer C is located in Colombia.