Business Segment Information and Geographic Data

12 Months Ended

Dec. 31, 2011

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Business Segment Information and Geographic Data

Our business is organized, managed and internally and externally reported as segments differentiated by the regional markets we serve: Americas, Europe, North Asia and South Asia. Each of these geographic segments has responsibility for selling generally all of our product lines.

• Our Americas segment includes North America, Central America and South America.

• Our Europe segment includes Europe and parts of Africa.

• Our North Asia segment includes Japan, China, Hong Kong, Korea and Taiwan.

• Our South Asia segment includes Australia, Singapore, India, the Middle East and parts of Africa.

We evaluate segment performance based on revenue and operating income (loss). Revenue for each segment is generally based on customer location where the product is shipped. The operating income (loss) reported in our segments excludes corporate and other unallocated amounts. Although such amounts are excluded from the business segment results, they are included in reported consolidated results. Corporate and unallocated amounts include litigation settlement expense, goodwill impairment expense, research and development expense, corporate expense, stock-based compensation expense and restructuring and other expenses which are not allocated to the segments.

Net revenue and operating income (loss) were as follows:

	Years Ended December 31,
	2011			2010			2009
	(In millions)
Net Revenue
Americas	$	595.9		$	712.9		$	834.2
Europe	248.0			289.8			370.5
North Asia	307.2			315.2			306.9
South Asia	139.3			143.0			137.9
Total	$	1,290.4		$	1,460.9		$	1,649.5
Operating Income (Loss)
Americas	$	8.4		$	36.8		$	48.3
Europe	10.3			(0.6		)	2.4
North Asia	12.5			14.9			15.3
South Asia	4.0			4.0			2.6
Corporate and unallocated	(68.3		)	(124.8		)	(130.3		)
Total	$	(33.1	)	$	(69.7	)	$	(61.7	)

We have not provided specific asset information by segment, as it is not regularly provided to our chief operating decision maker for review at a segment specific level. Corporate and unallocated amounts above include non-cash goodwill impairment charges of $1.6 million and $23.5 million for the years ended December 31, 2011 and 2010, respectively, as well as restructuring and other costs of $21.5 million, $51.1 million and $26.6 million for the years ended December 31, 2011, 2010 and 2009, respectively. Corporate and unallocated amounts above include a litigation settlement charge of $2.0 million, $2.6 million and $49.0 million for the years ended December 31, 2011, 2010 and 2009, respectively.

We have three major product categories: traditional storage, secure and scalable storage, and audio and video information. Traditional storage products include optical products, magnetic products and other traditional storage media products. Optical products include primarily DVDs, CDs and Blu-ray disc recordable media. Magnetic products include primarily data storage tape media. Other traditional storage products include primarily optical drives and audio and video tape media. Secure and scalable storage products include flash memory and hard disk drive products, including encrypted and biometric USB drives, encrypted and biometric hard disk drives, secure portable desktop solutions, and software solutions, including products which contain various security features such as password authentication, encryption and remote manageability, and data protection and data archive appliances. Audio and video information products include primarily audio electronics such as portable CD players and iPod clock radios and accessories such as CD and DVD jewel cases and headphones.

Net revenue by product category was as follows:

	Years Ended December 31,
	2011		2010		2009
	(In millions)
Optical products	$	511.9	$	619.3	$	738.0
Magnetic products	327.4		347.8		406.0
Other traditional storage	47.7		62.8		77.7
Total traditional storage	887.0		1,029.9		1,221.7
Secure and scalable storage	210.1		207.5		165.4
Audio and video information	193.3		223.5		262.4
Total	$	1,290.4	$	1,460.9	$	1,649.5

The following tables present net revenue and long-lived assets by geographical region:

	Years Ended December 31,
	2011		2010		2009
	(In millions)
Net Revenue
United States	$	519.2	$	633.1	$	726.9
International	771.2		827.8		922.6
Total	$	1,290.4	$	1,460.9	$	1,649.5

The United States and Japan each comprise more than 10 percent of our total net revenue. Net revenue from Japan was 17.6 percent, 16.0 percent and 13.9 percent of total net revenue for the years ended December 31, 2011, 2010 and 2009, respectively.

	As of December 31,
	2011		2010		2009
	(In millions)
Long-Lived Assets
United States	$	51.6	$	62.4	$	105.1
International	3.8		4.5		4.7
Total	$	55.4	$	66.9	$	109.8