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TableofContents
VMware, Inc.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)
O. Segment Information
VMwareoperatesinonereportableoperatingsegment,thusallrequiredfinancialsegmentinformationcanbefoundintheconsolidatedfinancialstatements.
Operatingsegmentsaredefinedascomponentsofanenterpriseaboutwhichseparatefinancialinformationisevaluatedregularlybythechiefoperatingdecision
makerindecidinghowtoallocateresourcesandassessingperformance.VMware’schiefoperatingdecisionmakerallocatesresourcesandassessesperformance
basedupondiscretefinancialinformationattheconsolidatedlevel.
RevenuesbygeographicareafortheyearsendedDecember31,2015,2014and2013wereasfollows(tableinmillions):
For the Year Ended December 31,
2015
2014
2013
UnitedStates $ 3,311
$ 2,912
$ 2,485
International 3,260
3,123
2,722
Total $ 6,571
$ 6,035
$ 5,207
Revenuesbygeographicareaarebasedontheship-toaddressesofVMware’scustomers.NoindividualcountryotherthantheUnitedStatesaccountedfor
10%ormoreofrevenuesfortheyearsendedDecember31,2015and2014.ItwasnotpracticableforVMwaretodeterminerevenuesbycountryotherthanthe
UnitedStatesfortheyearendedDecember31,2013.
Onecustomeraccountedfor15%ofrevenuesduringeachoftheyearsendedDecember31,2015,2014and2013,respectively,andanothercustomer
accountedfor12%,13%and12%ofrevenuesduringtheyearsendedDecember31,2015,2014and2013,respectively.Athirdcustomeraccountedfor11%of
revenuesduringtheyearsendedDecember31,2015,2014and2013,respectively.
Long-livedassetsbygeographicarea,whichprimarilyincludepropertyandequipment,net,asofDecember31,2015and2014wereasfollows(tablein
millions):
As of December 31,
2015
2014
UnitedStates $ 831
$ 801
International 148
117
Total $ 979
$ 918
NoindividualcountryotherthantheUnitedStatesaccountedfor10%ormoreoftheseassetsasofDecember31,2015and2014,respectively.
VMware’sproductandservicesolutionsareorganizedintothreemainproductgroups:
• SDDCorSoftware-DefinedDataCenter
• HybridCloudComputing
• End-UserComputing
VMwaredevelopsandmarketsproductandserviceofferingswithineachofthesethreeproductgroups.Additionally,synergiesareleveragedacrossthese
threeproductareas.VMware’sproductsandservicesolutionsfromeachofitsproductgroupsmayalsobebundledaspartofanenterpriseagreementarrangement
orpackagedtogetherandsoldasasuite.Accordingly,itisnotpracticabletodeterminerevenuebyeachofthethreeproductgroupsdescribedabove.
P. Selected Quarterly Financial Data (unaudited)
Quarterlyfinancialdatafor2015and2014wereasfollows(tablesinmillions,exceptpershareamounts):
2015 Q1 2015
Q2 2015
Q3 2015
Q4 2015
Revenues $ 1,511
$ 1,521
$ 1,672
$ 1,868
Netincome 196
172
256
373
Netincomepershare,basic $ 0.46
$ 0.41
$ 0.61
$ 0.89
Netincomepershare,diluted $ 0.45
$ 0.40
$ 0.60
$ 0.88
89