| Schedule of Disaggregated By Geographical Region |
The following table presents the Company’s revenues disaggregated by geographical region (based on the Company's customers' locations) and revenue type for the three and six months ended June 30, 2023 and 2022:
| |
Three months ended June 30, |
|
Six months ended June 30, |
| |
|
2023 |
|
|
|
2022 |
|
|
|
2023 |
|
|
|
2022 |
|
| |
(U.S. $ in thousands) |
|
(U.S. $ in thousands) |
| Americas |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Systems |
$ |
28,975 |
|
|
$ |
32,868 |
|
|
$ |
50,161 |
|
|
$ |
61,850 |
|
| Consumables |
|
33,757 |
|
|
|
34,662 |
|
|
|
66,329 |
|
|
|
66,016 |
|
| Service |
|
39,463 |
|
|
|
39,695 |
|
|
|
75,785 |
|
|
|
77,926 |
|
| Total Americas |
|
102,195 |
|
|
|
107,225 |
|
|
|
192,275 |
|
|
|
205,792 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| EMEA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Systems |
|
12,054 |
|
|
|
14,760 |
|
|
|
23,456 |
|
|
|
29,837 |
|
| Consumables |
|
17,910 |
|
|
|
14,268 |
|
|
|
36,821 |
|
|
|
32,093 |
|
| Service |
|
6,920 |
|
|
|
6,184 |
|
|
|
14,487 |
|
|
|
13,337 |
|
| Total EMEA |
|
36,884 |
|
|
|
35,212 |
|
|
|
74,764 |
|
|
|
75,267 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Asia Pacific |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Systems |
|
7,284 |
|
|
|
11,235 |
|
|
|
15,148 |
|
|
|
21,693 |
|
| Consumables |
|
9,132 |
|
|
|
7,928 |
|
|
|
18,168 |
|
|
|
17,305 |
|
| Service |
|
4,256 |
|
|
|
5,003 |
|
|
|
8,773 |
|
|
|
9,975 |
|
| Total Asia Pacific |
|
20,672 |
|
|
|
24,166 |
|
|
|
42,089 |
|
|
|
48,973 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Revenues |
$ |
159,751 |
|
|
$ |
166,603 |
|
|
$ |
309,128 |
|
|
$ |
330,032 |
|
|
| Schedule of Revenue Recognition |
The following table presents the Company’s revenues disaggregated based on the timing of revenue recognition (at a specific point in time or over the course of time) for the three and six months ended June 30, 2023 and 2022:
| |
Three months ended June 30, |
|
Six months ended June 30, |
| |
|
2023 |
|
|
|
2022 |
|
|
|
2023 |
|
|
|
2022 |
|
| |
(U.S. $ in thousands) |
|
(U.S. $ in thousands) |
| Revenues recognized in point in time from: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Products |
$ |
109,112 |
|
|
$ |
115,721 |
|
|
$ |
210,083 |
|
|
$ |
228,794 |
|
| Services |
|
14,156 |
|
|
|
13,147 |
|
|
|
27,847 |
|
|
|
25,639 |
|
| Total revenues recognized in point in time |
|
123,268 |
|
|
|
128,868 |
|
|
|
237,930 |
|
|
|
254,433 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Revenues recognized over time from: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Services |
|
36,483 |
|
|
|
37,735 |
|
|
|
71,198 |
|
|
|
75,599 |
|
| Total revenues recognized over time |
|
36,483 |
|
|
|
37,735 |
|
|
|
71,198 |
|
|
|
75,599 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total Revenues |
$ |
159,751 |
|
|
$ |
166,603 |
|
|
$ |
309,128 |
|
|
$ |
330,032 |
|
|
| Schedule of Deferred Revenue |
The Company's deferred revenue as of June 30, 2023 and December 31, 2022 were as follows:
| |
|
June 30, 2023 |
|
|
|
December 31, 2022 |
|
| |
U.S. $ in thousands |
| Deferred revenue* |
$ |
79,264 |
|
|
$ |
75,434 |
|
*Includes $27.4 million and $25.2 million under long-term deferred revenue in the Company's consolidated balance sheets as of June 30, 2023 and December 31, 2022, respectively.
|