Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information [Abstract]

Segment Reporting Disclosure [Text Block]

Segment Information

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 all of our product lines.

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, inventory write-offs and restructuring and other expenses which are not allocated to the segments.

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

	Three Months Ended
	March 31,
(In millions)	2012		2011
Net Revenue
Americas	$	125.8	$	143.1
Europe	58.4		62.3
North Asia	68.3		74.2
South Asia	29.2		36.9
Total	$	281.7	$	316.5

	Three Months Ended
	March 31,
(In millions)	2012			2011
Operating Income (Loss)
Americas	$	—		$	2.0
Europe	(0.7		)	0.9
North Asia	1.7			3.3
South Asia	0.9			0.4
Corporate and unallocated	(10.8		)	(10.0		)
Total	$	(8.9	)	$	(3.4	)

Corporate and unallocated amounts above for the three months ended March 31, 2012 include restructuring and other expense of $1.3 million.

Corporate and unallocated amounts above for the three months ended March 31, 2011 include goodwill impairment of $1.6 million, inventory write-offs related to our restructuring programs of $1.2 million, and restructuring and other expense of $0.9 million.

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 universal serial bus (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, RDX cartridges and drives, and data protection and data archive appliances. Audio and video information products include primarily audio electronics such as portable stereo systems, iPod docking stations and accessories, and other accessories such as CD and DVD jewel cases and headphones.

Net revenue by major product category was as follows:

	Three Months Ended
	March 31,
(In millions)	2012		2011
Net Revenue
Traditional storage
Optical products	$	111.0	$	127.7
Magnetic products	77.4		82.5
Other traditional storage	4.6		12.6
Total traditional storage	193.0		222.8
Secure and scalable storage	52.8		52.7
Audio and video information	35.9		41.0
Total	$	281.7	$	316.5