Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Revenue Recognition (Tables)

v3.19.1
Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2019
Revenue Recognition [Abstract]  
Schedule of Disaggregation of Revenues

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 months ended March 31, 2019 and 2018:

March 31,
      2019       2018
(U.S. $ in thousands)
Americas
Products $ 58,054 $ 50,244
Service 38,444 37,670
Total Americas 96,498 87,914
              
EMEA
Products 28,085 31,981
Service 6,698 6,990
Total EMEA 34,783 38,971
           
Asia Pacific
Products 18,952 21,692
Service 5,067 5,256
Total Asia Pacific 24,019 26,948
               
Total Revenues $       155,300 $       153,833

The following table presents the Company’s revenues disaggregated based on the timing of revenue recognized for the three months ended March 31, 2019 and 2018:

March 31,
      2019       2018
(U.S. $ in thousands)
Revenues recognized in point in time from:
Products $ 105,091 $ 103,917
Services 31,435 30,882
Total revenues recognized in point in time 136,526 134,799
             
Revenues recognized over time from:
Services 18,774 19,034
Total revenues recognized over time 18,774 19,034
              
Total Revenues $       155,300 $       153,833
Schedule of Changes in Deferred Revenue

The Company's deferred revenues as of March 31, 2019 and December 31, 2018 were as follows:

March 31, December 31,
      2019       2018
U.S. $ in thousands
Deferred revenue* 71,304 72,387

*      

Includes $17.3 million and $18.4 million under long term deferred revenue in the Company's consolidated balance sheets as of March 31, 2019 and December 31, 2018, respectively.