Member2018-01-012018-12-310001708055rbbn:EdgewaterNetworksInc. Member2019-01-012019-12-310001708055rbbn:AnovaDataInc. Member2020-01-012020-12-310001708055rbbn:ECITelecomGroupLtd. We had previously operated in a single segment. Apollo is "self-aware" with intelligent reporting for efficient and SDN-ready operations. This on-line program allows anyone to nominate a co-worker for recognition. In 2020, we delivered approximately 12 training hours per employee across our workforce. We value the communities in which we work. More than 82% employees participated in our initial survey. These typical seasonal effects may vary. "Equipment purchases by CSPs and enterprises continue to be unpredictable. In addition, our customers may adapt to such changes at varying rates. Depending upon the component, there may or may not be alternative sources of substitutes. The actual cost savings of the ECI Acquisition could also be less than expected. We cannot provide assurance as to the effectiveness of those integrations. We recorded the reduction to the outstanding principal as a reduction to interest income. Both software and hardware are also sold on a standalone basis. Generally, contracts with customers contain multiple performance obligations. The software licenses typically provide a perpetual right to use our software. Service revenue includes revenue from customer support and other professional services. We offer warranties on our products. Assurance-type warranties do not represent separate performance obligations. Revenue is recorded proportionally as costs are incurred or as labor is expended. Costs to fulfill these obligations include internal labor as well as subcontractor costs. Loss Contingencies and Reserves. This change did not have a material impact on our consolidated financial statements. Lease agreements may include lease and non-lease components. The Ireland subsidiary\'s business model changed in 2020 to a limited risk distributor. The base rate and the LIBOR rate were each subject to a zero percent floor. These exposures are actively monitored by management. These loans expired and were paid in full at various dates in June and July 2020. We believe that our audits provide a reasonable basis for our opinion. Declines in fair value determined to be credit-related are charged to earnings. The Company\'s reporting units are its operating segments. The Company expenses all variable lease costs as incurred. Accordingly, the Company is required to recognize and record deferred taxes in 2020. The Company received 43,778 AVCT Units as sale consideration on the Kandy Sale Date. The GENBAND Restructuring Initiative was completed in 2019. The 2020 Revolving Credit Facility was undrawn at December 31, 2020. These grants are reported in the applicable tables below. Shares subject to the Performance PSUs that fail to be earned will be forfeited. Plan assets for the Netherlands plan totaled $0.6 million at December 31, 2019. The U.S. NOL carryforwards expire at various dates from 2021 through 2038. This resulted in the Company\'s maintaining a valuation allowance of $12.3 million. Accordingly, Ribbon recorded a stepped up basis in the assets. The Miller plaintiffs are seeking monetary damages. MR]GDNEOG:/EC;^;A;%4,@LH6RLN!KG\':)6;"$QAJ+/^O\\ HKFSRS3:3^)"P\'. M$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$!$! MX\'M=XO-W]LF])QA-GK*7_\\ ,K]?]O\\ RI6^O]W_ ]?[ R8XQ]*A7 M3F,\\QMO*93;E,5&]E::\'+8 VEO2AK+7=KKMOH82NE6S67 7]EI4X]T::HTTC@_6TG65WS