8x8 2009 Annual Report Download - page 72

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5. EMPLOYEE BENEFIT PLAN
401(k) Savings Plan
In April 1991, the Company adopted a 401(k) savings plan (the Savings Plan) covering substantially all of its U.S. employees.
Eligible employees may contribute to the Savings Plan from their compensation up to the maximum allowed by the Internal
Revenue Service. No matching contribution was made in fiscal 2006. On January 1, 2007, the Company reactivated the
employer matching contribution. The employee matching contribution is 100% of each employee’ s contributions in each year,
not to exceed $1,500 per annum. The employee matching expense in 2009, 2008 and 2007 was $0.2 million, $0.1 million and
$0.1 million. The Savings Plan does not allow employee contributions to be invested in the Company’ s common stock.
6. SEGMENT REPORTING
SFAS No. 131, "Disclosures about Segments of an Enterprise and Related Information,” establishes annual and interim
reporting standards for an enterprise’ s business segments and related disclosures about its products, services, geographic areas
and major customers. Under SFAS No. 131, the method for determining what information to report is based upon the way
management organizes the operating segments within the Company for making operating decisions and assessing financial
performance. The Company has only one reportable segment.
The following table presents net revenues by groupings of similar products (in thousands).
2009 2008 2007
8x8 service, equipment and other $ 64,601 $ 60,891 $ 52,799
Technology licensing and related softwar
e
73 755 331
Total revenues $ 64,674 $ 61,646 $ 53,130
Years Ended March 31,
The following table illustrates net revenues by geographic area. Revenues are attributed to countries based on the destination of
shipment (in thousands):
2009 2008 2007
United States $ 64,633 $ 61,052 $ 52,463
Other locations 41 594 667
$64,674 $ 61,646 $ 53,130
Years Ended March 31,
The majority of the Company's property and equipment was located in the United States. The following table illustrates
property and equipment by country (in thousands):
2009 2008
United States $ 1,482 $ 2,007
France 3 3
$1,485 $ 2,010
March 31,
No customer represented more than 10% of the Company’ s total revenues in fiscal 2009, 2008 or 2007.
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