Citrix 2009 Annual Report Download - page 118

Download and view the complete annual report

Please find page 118 of the 2009 Citrix annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 138

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138

CITRIX SYSTEMS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Identifiable assets classified by the Company’s reportable segments are shown below. Long-lived assets
consist of property and equipment, net, and are shown below.
December 31,
2009 2008
(In thousands)
Identifiable assets:
Americas ......................................................... $1,858,580 $1,669,469
EMEA ........................................................... 826,275 654,829
Asia-Pacific ....................................................... 119,042 87,026
Online Services division ............................................. 287,250 282,982
Total identifiable assets .............................................. $3,091,147 $2,694,306
Long-lived assets, net:
United States ...................................................... $ 199,617 $ 201,713
United Kingdom ................................................... 30,841 31,473
Other countries .................................................... 17,245 21,148
Total long-lived assets, net ....................................... $ 247,703 $ 254,334
Export revenue represents shipments of finished goods and services from the United States to international
customers, primarily in Latin America and Canada. Shipments from the United States to international customers
for 2009, 2008 and 2007 were $74.5 million, $69.5 million and $55.9 million, respectively.
In fiscal years 2009, 2008 and 2007, one distributor, Ingram Micro, accounted for 14%, 12% and 10%,
respectively, of the Company’s total net revenues. The Company’s distributor arrangements with Ingram Micro
consist of several non-exclusive, independently negotiated agreements with its subsidiaries, each of which cover
different countries or regions. Each of these agreements is separately negotiated and is independent of any other
contract (such as a master distribution agreement). None of these contracts were individually responsible for over
10% of the Company’s total net revenues in each of the last three fiscal years. In fiscal years 2009, 2008 and
2007, there were no resellers that accounted for over 10% of the Company’s total net revenues.
In addition to evaluating the Company’s profitability by geography, including the Company’s Online
Services division, its CODM also evaluates revenues by product groupings. Accordingly, the following table
presents revenues for Product Licenses, License Updates and product related Technical Services by product
grouping for the Company’s application virtualization products, application networking products and other
products and Online services revenues for the Online Services division’s products, for the years ended:
December 31,
2009 2008 2007
(In thousands)
Net revenues:
Desktop Solutions revenues(1) .............................. $1,045,969 $1,087,271 $ 998,188
Online Services division revenues .......................... 308,177 260,065 213,744
Datacenter and Cloud Solutions revenues(2) ................... 241,218 208,357 157,159
Other ................................................. 18,724 27,661 22,851
Total net revenue .................................... $1,614,088 $1,583,354 $1,391,942
(1) Desktop Solutions revenues are primarily comprised of sales from the Company’s application virtualization
product, XenApp and the Company’s desktop virtualization product, XenDesktop.
F-38