10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 _______________________________________

FORM 10-Q

  _______________________________________

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 29, 2013

OR

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission file number: 1-12203

  _______________________________________

Ingram Micro Inc.

(Exact name of Registrant as specified in its charter)

  _______________________________________

Delaware	62-1644402
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

1600 E. St. Andrew Place, Santa Ana, California 92705-4926

(Address, including zip code, of principal executive offices)

(714) 566-1000

(Registrant’s telephone number, including area code)

_______________________________________ 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  x    No  ¨

Indicate by check mark whether the registrant had submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes   x   No  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large Accelerated Filer	x	Accelerated Filer	¨
Non-Accelerated Filer	¨  (Do not check if a smaller reporting company)	Smaller Reporting Company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

The Registrant had 152,754,822 shares of Class A Common Stock, par value $0.01 per share, outstanding at June 29, 2013.

1

INGRAM MICRO INC.

INDEX

Part I. Financial Information
		Pages
Item 1.	Financial Statements (Unaudited)
	Consolidated Balance Sheet at June 29, 2013 and December 29, 2012	3
	Consolidated Statement of Income for the thirteen and twenty-six weeks ended June 29, 2013 and June 30, 2012	4
	Consolidated Statement of Comprehensive Income (Loss) for the thirteen and twenty-six weeks ended June 29, 2013 and June 30, 2012	5
	Consolidated Statement of Cash Flows for the twenty-six weeks ended June 29, 2013 and June 30, 2012	6
	Notes to Consolidated Financial Statements	7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	24
Item 3.	Quantitative and Qualitative Disclosures About Market Risk	35
Item 4.	Controls and Procedures	35
Part II.	Other Information
Item 1.	Legal Proceedings	36
Item 1A.	Risk Factors	36
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	36
Item 6.	Exhibits	37
Signatures		38
Exhibit Index		39

2

Part I. Financial Information

Item 1. Financial Statements

INGRAM MICRO INC.

CONSOLIDATED BALANCE SHEET

(In 000s, except par value)

(Unaudited)

	June 29, 2013			December 29, 2012
ASSETS
Current assets:
Cash and cash equivalents	$	726,892		$	595,147
Trade accounts receivable (less allowances of $73,764 and $78,034)	4,388,926			5,457,299
Inventory	3,698,659			3,591,543
Other current assets	506,448			522,390
Total current assets	9,320,925			10,166,379
Property and equipment, net	474,452			481,324
Goodwill	428,401			428,401
Intangible assets, net	344,940			372,482
Other assets	25,114			31,862
Total assets	$	10,593,832		$	11,480,448
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$	5,315,754		$	6,065,159
Accrued expenses	580,772			585,404
Short-term debt and current maturities of long-term debt	84,222			111,268
Total current liabilities	5,980,748			6,761,831
Long-term debt, less current maturities	800,362			943,275
Other liabilities	130,839			164,089
Total liabilities	6,911,949			7,869,195
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred Stock, $0.01 par value, 25,000 shares authorized; no shares issued and outstanding	—			—
Class A Common Stock, $0.01 par value, 500,000 shares authorized; 190,449 and 188,349 shares issued and 152,755 and 150,320 shares outstanding in 2013 and 2012, respectively	1,904			1,883
Class B Common Stock, $0.01 par value, 135,000 shares authorized; no shares issued and outstanding	—			—
Additional paid-in capital	1,372,715			1,361,650
Treasury stock, 37,694 and 38,029 shares in 2013 and 2012, respectively	(642,291		)	(648,066		)
Retained earnings	2,870,349			2,750,904
Accumulated other comprehensive income	79,206			144,882
Total stockholders’ equity	3,681,883			3,611,253
Total liabilities and stockholders’ equity	$	10,593,832		$	11,480,448

See accompanying notes to these consolidated financial statements.

3

INGRAM MICRO INC.

CONSOLIDATED STATEMENT OF INCOME

(In 000s, except per share data)

(Unaudited)

	Thirteen Weeks Ended						Twenty-six Weeks Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
Net sales	$	10,308,015		$	8,777,895		$	20,570,459		$	17,413,276
Cost of sales	9,712,261			8,325,165			19,389,400			16,492,989
Gross profit	595,754			452,730			1,181,059			920,287
Operating expenses:
Selling, general and administrative	465,325			351,400			939,403			711,424
Amortization of intangible assets	11,997			2,706			23,762			5,631
Reorganization costs	4,636			839			13,302			1,396
	481,958			354,945			976,467			718,451
Income from operations	113,796			97,785			204,592			201,836
Other expense (income):
Interest income	(2,026		)	(2,200		)	(3,855		)	(5,966		)
Interest expense	14,303			11,577			29,941			23,306
Net foreign exchange loss	3,682			1,794			1,748			7,360
Other	4,211			3,156			7,080			5,088
	20,170			14,327			34,914			29,788
Income before income taxes	93,626			83,458			169,678			172,048
Provision for income taxes	23,940			22,184			50,233			20,801
Net income	$	69,686		$	61,274		$	119,445		$	151,247
Basic earnings per share	$	0.46		$	0.40		$	0.79		$	1.00
Diluted earnings per share	$	0.45		$	0.40		$	0.77		$	0.98

See accompanying notes to these consolidated financial statements.

4

INGRAM MICRO INC.

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (LOSS)

(In 000s)

(Unaudited)

	Thirteen Weeks Ended						Twenty-six Weeks Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
Net income	$	69,686		$	61,274		$	119,445		$	151,247
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	(46,897		)	(80,985		)	(65,980		)	(31,638		)
Net unrealized gain (loss) on foreign currency forward contracts designated as cash flow hedges	(118		)	227			304			69
Other comprehensive income (loss), net of tax	(47,015		)	(80,758		)	(65,676		)	(31,569		)
Comprehensive income (loss)	$	22,671		$	(19,484	)	$	53,769		$	119,678

See accompanying notes to these consolidated financial statements.

5

INGRAM MICRO INC.

CONSOLIDATED STATEMENT OF CASH FLOWS

(In 000s)

(Unaudited)

	Twenty-six Weeks Ended
	June 29, 2013			June 30, 2012
Cash flows from operating activities:
Net income	$	119,445		$	151,247
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	62,558			28,232
Stock-based compensation	13,957			14,575
Excess tax benefit from stock-based compensation	(1,135		)	(5,241		)
Loss on write-off of property and equipment	2,277			—
Gain on sale of land and building	(1,045		)	—
Noncash charges for interest and bond discount amortization	1,131			922
Deferred income taxes	2,429			19,481
Changes in operating assets and liabilities:
Trade accounts receivable	980,723			750,408
Inventory	(161,272		)	(278,742		)
Other current assets	(20,321		)	(29,241		)
Accounts payable	(650,770		)	(427,441		)
Change in book overdrafts	(15,552		)	(32,067		)
Accrued expenses	(4,410		)	(107,830		)
Cash provided by operating activities	328,015			84,303
Cash flows from investing activities:
Capital expenditures	(39,457		)	(45,505		)
Sales of marketable trading securities, net	1,042			1,125
Proceeds from sale of land and building	1,169			—
Acquisition earn-out payments	(325		)	(338		)
Cash used by investing activities	(37,571		)	(44,718		)
Cash flows from financing activities:
Proceeds from exercise of stock options	15,693			28,632
Repurchase of Class A Common Stock	—			(50,000		)
Excess tax benefit from stock-based compensation	1,135			5,241
Net proceeds from (repayments of) revolving credit facilities	(165,263		)	74,193
Cash provided (used) by financing activities	(148,435		)	58,066
Effect of exchange rate changes on cash and cash equivalents	(10,264		)	(7,810		)
Increase in cash and cash equivalents	131,745			89,841
Cash and cash equivalents, beginning of period	595,147			891,403
Cash and cash equivalents, end of period	$	726,892		$	981,244

See accompanying notes to these consolidated financial statements.

6

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

(Unaudited)

Note 1 – Organization and Basis of Presentation

Ingram Micro Inc. and its subsidiaries are primarily engaged in the distribution of information technology (“IT”) products, supply chain services and mobile device lifecycle services worldwide. Ingram Micro Inc. and its subsidiaries operate in North America; Europe; Asia-Pacific, Middle East and Africa; and Latin America. In 2012, we added a reporting segment for mobility which reflects our October 2012 acquisition of Brightpoint, Inc. (“BrightPoint”).

The consolidated financial statements include the accounts of Ingram Micro Inc. and its subsidiaries. Unless the context otherwise requires, the use of the terms “Ingram Micro,” “we,” “us” and “our” in these notes to the consolidated financial statements refers to Ingram Micro Inc. and its subsidiaries. These consolidated financial statements have been prepared by us, without audit, pursuant to the rules and regulations of the United States Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying unaudited consolidated financial statements contain all material adjustments (consisting of only normal, recurring adjustments) necessary to fairly state our consolidated financial position as of June 29, 2013, our consolidated results of operations and comprehensive income for the thirteen and twenty-six weeks ended June 29, 2013 and June 30, 2012 and our consolidated cash flows for the twenty-six weeks ended June 29, 2013 and June 30, 2012. All significant intercompany accounts and transactions have been eliminated in consolidation. As permitted under the applicable rules and regulations of the SEC, these consolidated financial statements do not include all disclosures and footnotes normally included with annual consolidated financial statements and, accordingly, should be read in conjunction with the consolidated financial statements and the notes thereto, included in our Annual Report on Form 10-K filed with the SEC for the year ended December 29, 2012. The consolidated results of operations for the thirteen and twenty-six weeks ended June 29, 2013 may not be indicative of the consolidated results of operations that can be expected for the full year.

Comprehensive Income (Loss)

Comprehensive income (loss) consisted primarily of our net income, foreign currency translation adjustments and unrealized gains and losses from our foreign currency forward contracts designated as cash flow hedges.

Book Overdrafts

Book overdrafts of $399,655 and $415,207 as of June 29, 2013 and December 29, 2012, respectively, represent checks issued on disbursement bank accounts but not yet paid by such banks. These amounts are classified as accounts payable in our consolidated balance sheet. We typically fund these overdrafts through normal collections of funds or transfers from other bank balances at other financial institutions. Under the terms of our facilities with the banks, the respective financial institutions are not legally obligated to honor the book overdraft balances as of June 29, 2013 and December 29, 2012, or any balance on any given date.

Trade Accounts Receivable Factoring Programs

We have three uncommitted factoring programs, one in North America and two in Europe, under which trade accounts receivable of two large customers may be sold, without recourse, to financial institutions. Available capacity under these programs is dependent on the amount of trade accounts receivable already sold to and held by the financial institutions, the level of our trade accounts receivable eligible to be sold into these programs and the financial institutions’ willingness to purchase such receivables. At June 29, 2013 and December 29, 2012, we had a total of $198,209 and $242,626, respectively, of trade accounts receivable sold to and held by financial institutions under these programs. Factoring fees of $630 and $658 incurred for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and $1,162 and $1,962 for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, related to the sale of trade accounts receivable under these facilities are included in “other” in the other expense (income) section of our consolidated statement of income.

7

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

Note 2 – Share Repurchase Program

In October 2010, our Board of Directors authorized a three-year, $400,000 share repurchase program, of which $124,095 is remaining for repurchase at June 29, 2013. Under the program, we may repurchase shares in the open market and through privately negotiated transactions. Our repurchases are funded with available borrowing capacity and cash. The timing and amount of specific repurchase transactions will depend upon market conditions, corporate considerations and applicable legal and regulatory requirements. We account for repurchased shares of common stock as treasury stock. Treasury shares are recorded at cost and are included as a component of stockholders’ equity in our consolidated balance sheet. We have issued shares of common stock out of our cumulative balance of treasury shares. Such shares are issued to certain of our associates upon the exercise of their options or vesting of their equity awards under the Ingram Micro Inc. 2011 Incentive Plan, as amended (see Note 4). We did not repurchase shares during the twenty-six weeks ended June 29, 2013. Our stock issuance activity for the twenty-six weeks ended June 29, 2013 is summarized in the table below:

	Shares		Weighted Average Price Per Share		Amount
Cumulative balance at December 29, 2012	38,029		$	17.04	$	648,066
Issuance of Class A Common Stock	(335	)	17.24		(5,775		)
Cumulative balance at June 29, 2013	37,694		17.04		$	642,291

Note 3 – Earnings Per Share

We report a dual presentation of Basic Earnings per Share (“Basic EPS”) and Diluted Earnings per Share (“Diluted EPS”). Basic EPS excludes dilution and is computed by dividing net income by the weighted average number of common shares outstanding during the reported period. Diluted EPS uses the treasury stock method to compute the potential dilution that could occur if stock-based awards and other commitments to issue common stock were exercised.

The computation of Basic EPS and Diluted EPS is as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Net income	$	69,686	$	61,274	$	119,445	$	151,247
Weighted average shares	152,511		151,428		151,799		151,110
Basic EPS	$	0.46	$	0.40	$	0.79	$	1.00
Weighted average shares, including the dilutive effect of stock-based awards (2,353 and 2,592 for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 2,940 and 3,325 for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively)	154,864		154,020		154,739		154,435
Diluted EPS	$	0.45	$	0.40	$	0.77	$	0.98

There were approximately 3,251 and 2,677 stock-based awards for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 3,184 and 2,161 stock-based awards for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, that were not included in the computation of Diluted EPS because the exercise price was greater than the average market price of the Class A Common Stock during the respective periods, thereby having an antidilutive effect.

Note 4 – Stock-Based Compensation

We currently have a single stock incentive plan, the Ingram Micro Inc. 2011 Incentive Plan, for the granting of equity-based incentive awards including incentive stock options, non-qualified stock options, restricted stock, restricted stock units and stock appreciation rights, among others, to key employees and members of our Board of Directors. During the second quarter of 2013, our stockholders approved an amendment of the Ingram Micro Inc. 2011 Incentive Plan (the “2011 Amended Plan”), which increased the number of shares that we may issue by 12,000. The authorized pool of shares available for grant is a fungible pool.

8

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

The authorized share limit is reduced by one share for every share subject to a stock option or stock appreciation right granted and 2.37 shares for every share granted after June 8, 2011 (2.29 shares after June 7, 2013) under any award other than an option or stock appreciation right for awards.

We grant time- and/or performance-vested restricted stock and/or restricted stock units, in addition to stock options, to key employees and members of our Board of Directors. The performance measures for vesting of restricted stock and restricted stock units for grants to management for the periods presented are based on earnings growth, return on invested capital, total shareholder return, income from operations as a percent of revenue and income before tax.

Awards granted under the 2011 Amended Plan were as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Stock options granted (a)	—		—		52		51
Restricted stock and restricted stock units granted (a)	2,674		2,495		3,636		2,631
Stock-based compensation expense	$	6,541	$	5,129	$	13,957	$	14,575
Related income tax benefit	$	1,884	$	1,330	$	4,094	$	4,342
Exercised stock options	293		588		1,048		1,934
Vested restricted stock and/or restricted stock units (b)	181		358		2,059		2,103

(a) As of June 29, 2013, approximately 16,055 shares were available for grant under the 2011 Amended Plan, taking into account granted options, time-vested restricted stock units/awards and performance-vested restricted stock units assuming maximum achievement.

(b) Includes 0 and 343 shares, for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 1,535 and 1,495 shares, for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, which were issued based on performance-based grants previously approved by the Human Resources Committee of the Board of Directors.

Note 5 – Derivative Financial Instruments

The notional amounts and fair values of derivative instruments in our consolidated balance sheet were as follows:

	Notional Amounts (1)				Fair Value
	June 29, 2013		December 29, 2012		June 29, 2013			December 29, 2012
Derivatives designated as hedging instruments recorded in:
Other current assets
Foreign exchange contracts	$	12,955	$	—	$	399		$	—
Accrued expenses
Foreign exchange contracts	7,647		—		(116		)	—
	20,602		—		283			—
Derivatives not receiving hedge accounting treatment recorded in:
Other current assets
Foreign exchange contracts	1,134,522		817,172		20,377			2,897
Accrued expenses
Foreign exchange contracts	187,538		607,836		(1,368		)	(3,776		)
	1,322,060		1,425,008		19,009			(879		)
Total	$	1,342,662	$	1,425,008	$	19,292		$	(879	)

(1) Notional amounts represent the gross amount of foreign currency bought or sold at maturity for foreign exchange contracts.

9

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

The amount recognized in earnings from our derivative instruments not receiving hedge accounting treatment, including ineffectiveness, is recorded in foreign currency exchange gain (loss) as follows and was largely offset by the change in fair value of the underlying hedged assets or liabilities:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Net gain (loss) recognized in earnings	$	10,267	$	12,410	$	29,361	$	(8,108	)

The unrealized gains or losses associated with our derivatives designated as hedging instruments, net of taxes, are reflected in our consolidated statement of comprehensive income (loss) for the thirteen and twenty-six weeks ended June 29, 2013 and June 30, 2012.

Cash Flow and Other Hedges

Our derivatives designated as hedging instruments have consisted primarily of foreign currency forward contracts to hedge certain foreign currency-denominated intercompany management fees. We also use foreign currency forward contracts that are not designated as hedges primarily to manage currency risk associated with foreign currency-denominated trade accounts receivable, accounts payable and intercompany loans.

Note 6 – Fair Value Measurements

Our assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: Level 1 – quoted market prices in active markets for identical assets and liabilities; Level 2 – observable market-based inputs or unobservable inputs that are corroborated by market data; and Level 3 – unobservable inputs that are not corroborated by market data.

As of June 29, 2013, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:

	June 29, 2013
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	$	106,896	$	106,896	$	—	$	—
Marketable trading securities (a)	49,344		49,344		—		—
Derivative assets	20,776		—		20,776		—
Total assets at fair value	$	177,016	$	156,240	$	20,776	$	—
Liabilities:
Derivative liabilities	$	1,484	$	—	$	1,484	$	—
Total liabilities at fair value	$	1,484	$	—	$	1,484	$	—

(a) Included in other current assets in our consolidated balance sheet.

10

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

As of December 29, 2012, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:

	December 29, 2012
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	$	189,381	$	189,381	$	—	$	—
Marketable trading securities (a)	46,938		46,938		—		—
Derivative assets	2,897		—		2,897		—
Total assets at fair value	$	239,216	$	236,319	$	2,897	$	—
Liabilities:
Derivative liabilities	$	3,776	$	—	$	3,776	$	—
Total liabilities at fair value	$	3,776	$	—	$	3,776	$	—

(a) Included in other current assets in our consolidated balance sheet.

The fair value of the cash equivalents approximated cost and the gain or loss on the marketable trading securities was recognized in the consolidated statement of income to reflect these investments at fair value.

Our senior unsecured notes due in 2022 and 2017 are stated at amortized cost, and their respective fair values were determined based on Level 2 criteria.

As of June 29, 2013, the fair values and carrying values of these notes are shown in the table below:

	June 29, 2013
	Fair Value
	Total		Level 1		Level 2		Level 3		Carrying Value
Liabilities:
Senior unsecured notes, 5.25% due 2017	$	322,000	$	—	$	322,000	$	—	$	300,000
Senior unsecured notes, 5.00% due 2022	301,000		—		301,000		—		298,365
	$	623,000	$	—	$	623,000	$	—	$	598,365

As of December 29, 2012, the fair values and carrying values of these notes are shown in the table below:

	December 29, 2012
	Fair Value
	Total		Level 1		Level 2		Level 3		Carrying Value
Liabilities:
Senior unsecured notes, 5.25% due 2017	$	326,000	$	—	$	326,000	$	—	$	300,000
Senior unsecured notes, 5.00% due 2022	307,000		$	—	307,000		—		298,275
	$	633,000	$	—	$	633,000	$	—	$	598,275

11

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

Note 7 – Acquisitions, Goodwill and Intangible Assets

On October 15, 2012, we completed the acquisition of BrightPoint, a U.S. publicly traded company and a global leader in providing device lifecycle services to the wireless industry, for cash and the assumption of its debt. The results of operations of BrightPoint are included in our consolidated financial statements from the date of the merger. The consideration paid was $868,192, net of cash acquired, primarily comprised of $9.00 cash per share of BrightPoint’s outstanding common stock (including common stock underlying restricted stock units and shares issued pursuant to restricted stock awards accelerated upon closing of the transaction) and payment of BrightPoint’s outstanding debt of $260,257 as of October 15, 2012.

The following table summarizes the preliminary allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed on the closing date of October 15, 2012:

Tangible assets (includes trade accounts receivable, inventory, property and equipment and other assets)	$	1,156,075
Goodwill	418,895
Identifiable intangible assets	309,000
Liabilities (includes accounts payable, accrued expenses and other liabilities)	(1,015,778		)
	$	868,192

We expect to realize operational benefits by leveraging existing channel relationships and utilizing the assembled workforce. We also expect the combined entity to achieve significant savings in corporate and operational overhead costs. We anticipate opportunities for growth through our entry into the global wireless industry, expansion of our geographic reach and customer segment diversity, and the ability to leverage additional products and capabilities. These factors, among others, contributed to a purchase price in excess of the estimated fair value of BrightPoint’s net identifiable assets acquired, and, as a result, we have recorded goodwill in connection with this transaction.

The components of identifiable intangible assets acquired in connection with the BrightPoint acquisition were as follows:

	Fair Value		Estimated Useful Life
Logistics customer relationships	$	237,000	10 years
Distribution customer relationships	59,000		7 years
Trade name	13,000		3 years
Total identifiable intangible assets	$	309,000

The following represents pro-forma operating results for the thirteen and twenty-six weeks ended June 30, 2012 as if BrightPoint had been included in our consolidated statements of operations as of the first date of fiscal year 2012 and includes business combination accounting effects from our acquisition including amortization of acquired intangible assets and increase in interest expense associated with the issuance of our senior unsecured notes due in 2022 and additional borrowings from our revolving senior unsecured credit facility debt to fund the acquisition.

	Thirteen Weeks Ended June 30, 2012		Twenty-six Weeks Ended June 30, 2012
Net sales	$	10,044,214	$	20,049,682
Net income	$	60,980	$	151,826
Earnings per share
Basic	$	0.40	$	1.00
Diluted	$	0.40	$	0.98

The above unaudited pro-forma results have been prepared for informational purposes only and do not purport to represent what the results of operations would have been had the acquisition occurred as of those dates, nor of future results of operations.

12

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

In the first six months of 2013 and 2012, we paid one of the annual earn-out payments related to a prior period acquisition totaling $325 and $338, respectively, which was previously accrued at the time of the acquisition.

There were no changes in the carrying amount of goodwill for the first six months of 2013.

Finite-lived identifiable intangible assets are amortized over their remaining useful lives ranging up to 20 years. The gross and net carrying amounts of finite-lived identifiable intangible assets are as follows:

	June 29, 2013		December 29, 2012
Gross carrying amount of finite-lived intangible assets	$	440,797	$	445,385
Net carrying amount of finite-lived intangible assets	$	344,940	$	372,482

Note 8 – Reorganization and Expense-Reduction Program Costs

2013 Actions

During the first six months of 2013, we began integrating certain BrightPoint operations into Ingram Micro, resulting in headcount reductions and facility exit costs. We also continued to move certain transactions-oriented service and support functions in Europe to our European shared services center and exited a portion of one of our Australian offices in Asia-Pacific. Associated with these actions, we incurred reorganization costs primarily related to employee termination benefits and facility exit costs in one of our offices in Australia.

2012 Actions

In 2012, we implemented headcount reductions primarily in Australia and New Zealand to better align our operating expenses with each country’s lower sales volumes. Additionally, we moved certain transactions-oriented service and support functions to shared service centers in Asia-Pacific and Europe. We closed our in-country Argentina operations in Latin America and will service this market through our export operations in Miami. Associated with these actions, we incurred net reorganization costs related to employee termination benefits.

2011 and Prior Actions

In the second half of 2011, we implemented a cost-reduction program related to our Australian operations in Asia-Pacific primarily to align our level of operating expenses with declines in sales volume as a result of the system-implementation complications and loss of market share in that country. We also implemented headcount reductions in certain operations in North America, Europe and Latin America.

In 2009 and earlier, we incurred costs to integrate past acquisitions, as well as launching various other outsourcing and optimization plans, to improve operating efficiencies and better align our level of operating expenses with the decline in sales volumes resulting from the economic downturn in that period.

While these reorganization actions were completed prior to the periods included herein, future cash outlays are required for future lease payments related to exited facilities.

13

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

A summary of the reorganization and expense-reduction program costs incurred in the thirteen weeks ended June 29, 2013 as compared to the thirteen weeks ended June 30, 2012 and twenty-six weeks ended June 29, 2013 compared to the twenty-six weeks ended June 30, 2012, are as follows:

	Reorganization Costs
	Headcount Reduction	Employee Termination Benefits		Facility Costs		Total Reorganization Costs		Adjustments to Prior Year Costs			Total Costs
Thirteen weeks ended June 29, 2013
IT Distribution:
North America		$	790	$	—	$	790	$	—		$	790
Europe		232		—		232		(25		)	207
Asia-Pacific		38		—		38		—			38
Latin America		—		—		—		—			—
BrightPoint		1,841		1,760		3,601		—			3,601
Total	98	$	2,901	$	1,760	$	4,661	$	(25	)	$	4,636
Thirteen weeks ended June 30, 2012
IT Distribution:
North America		$	2	$	—	$	2	$	(155	)	$	(153	)
Europe		663		—		663		—			663
Asia-Pacific		102		—		102		20			122
Latin America		207		—		207		—			207
BrightPoint		—		—		—		—			—
Total	24	$	974	$	—	$	974	$	(135	)	$	839

14

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

	Reorganization Costs
	Headcount Reduction	Employee Termination Benefits		Facility Costs		Total Reorganization Costs		Adjustments to Prior Year Costs			Total Costs
Twenty-six weeks ended June 29, 2013
IT Distribution:
North America		$	955	$	—	$	955	$	—		$	955
Europe		2,911		—		2,911		(188		)	2,723
Asia-Pacific		59		3,277		3,336		(12		)	3,324
Latin America		—		—		—		—			—
BrightPoint		4,540		1,760		6,300		—			6,300
Total	218	$	8,465	$	5,037	$	13,502	$	(200	)	$	13,302
Twenty-six weeks ended June 30, 2012
IT Distribution:
North America		$	34	$	—	$	34	$	(155	)	$	(121	)
Europe		663		—		663		—			663
Asia-Pacific		538		—		538		(115		)	423
Latin America		431		—		431		—			431
BrightPoint		—		—		—		—			—
Total	103	$	1,666	$	—	$	1,666	$	(270	)	$	1,396

15

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

The remaining liabilities and 2013 activities associated with the aforementioned actions are summarized in the table below:

	Reorganization Liability
	Remaining Liability at December 29, 2012		Expenses (Income), Net				Amounts Paid and Charged Against the Liability			Foreign Currency Translation (b)			Remaining Liability at June 29, 2013
2013 Reorganization actions
Employee termination benefits	$	—	$	8,465			$	(4,872	)	$	5		$	3,598
Facility Costs	—		5,037				(2,440		)	(322		)	2,275
Subtotal	—		13,502				(7,312		)	(317		)	5,873		(c)
2012 Reorganization actions
Employee termination benefits	1,826		(200		)	(a)	(604		)	(21		)	1,001		(d)
2011 Reorganization actions
Employee termination benefits	79		—				(79		)	—			—
2009 and prior reorganization actions
Facility Costs	6,214		—				(1,507		)	(219		)	4,488		(e)
	$	8,119	$	13,302			$	(9,502	)	$	(557	)	$	11,362

(a) Adjustments reflected in the table above include a reduction of $188 and $12 to reorganization liabilities recorded in prior years in Europe and Asia-Pacific, respectively, for lower than expected employee termination benefits.

(b) Reflects the net foreign currency impact on the U.S. dollar liability.

(c) We expect the remaining liabilities to be substantially utilized by the end of 2016.

(d) We expect the remaining liabilities to be substantially utilized by the end of 2014.

(e) We expect the remaining liabilities to be fully utilized by the end of 2015.

Note 9 – Debt

The carrying value of our outstanding debt consists of the following:

	June 29, 2013			December 29, 2012
Senior unsecured notes, 5.25% due 2017	$	300,000		$	300,000
Senior unsecured notes, 5.00% due 2022, net of unamortized discount of $1,635 and $1,725, respectively	298,365			298,275
North America revolving trade accounts receivable-backed financing program	201,997			345,000
Lines of credit and other debt	84,222			111,268
	884,584			1,054,543
Short-term debt and current maturities of long-term debt	(84,222		)	(111,268		)
	$	800,362		$	943,275

16

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

Note 10 – Income Taxes

Our effective tax rate for the thirteen weeks ended June 29, 2013 was 25.6% compared to 26.6% for the thirteen weeks ended June 30, 2012. For the twenty-six weeks ended June 29, 2013 and June 30, 2012, our effective tax rate was 29.6% and 12.1%, respectively. Under U.S. accounting rules for income taxes, quarterly effective tax rates may vary significantly depending on the actual operating results in the various tax jurisdictions, as well as changes in the valuation allowance related to the expected recovery of deferred tax assets.

The thirteen weeks ended June 29, 2013 included net discrete benefits of approximately $5,766, or 6.2 percentage points of the effective tax rate, while the thirteen weeks ended June 30, 2012 included net discrete benefits of approximately $4,378, or 5.3 percentage points of the effective tax rate, which primarily reflects the release of an unrecognized tax benefit due to the expiration of the applicable statute of limitations in Australia, along with other positive adjustments agreed with the U.S. Internal Revenue Service ("IRS"). The $5,766 net discrete benefits included in the thirteen weeks ended June 29, 2013 is primarily due to a change in estimate of the amount of BrightPoint acquisition costs deductible for tax purposes. A detailed analysis of the acquisition costs incurred by both parties in the deal was completed in the current period, leading to the change in estimate. The remaining year-over-year change in our effective tax rate reflects the change in mix of profit among different tax jurisdictions and losses in certain tax jurisdictions in which we are not able to record a tax benefit.

The twenty-six weeks ended June 29, 2013, included net discrete tax benefits of approximately $6,951, which represents 4.1 percentage points of the effective tax rate, which includes the $5,766 discussed above, as well as $1,185 of net discrete benefits recorded last quarter, primarily due to the release of valuation allowance on U.S. state net operating losses.

The twenty-six weeks ended June 30, 2012 included net discrete tax benefits of approximately $32,910, or 19.1 percentage points of the effective tax rate, which included the net discrete benefits of $4,378 as discussed above, and a benefit of $28,532, which was primarily the result of the write-off of the historical tax basis of the investment we had maintained in one of our Latin American subsidiary holdings companies, realized during the first thirteen weeks of 2012.

Our effective tax rate differed from the U.S. federal statutory rate of 35% during these periods primarily due to the discrete items noted above, as well as the relative mix of earnings or losses within the tax jurisdictions in which we operate, such as: a) earnings in lower-tax jurisdictions for which no U.S. taxes have been provided because such earnings are planned to be reinvested indefinitely outside the United States; and b) changes in the valuation allowance on deferred tax assets.

At June 29, 2013, we had gross unrecognized tax benefits of $38,677 compared to $38,790 at December 29, 2012, representing a net decrease of $113 during the twenty-six weeks ended June 29, 2013. Substantially all of the gross unrecognized tax benefits, if recognized, would impact our effective tax rate in the period of recognition. We recognize interest and penalties related to unrecognized tax benefits in income tax expense. In addition to the gross unrecognized tax benefits identified above, the interest and penalties recorded to date by us totaled $7,988 and $7,889 at June 29, 2013 and December 29, 2012, respectively.

Our future effective tax rate will continue to be affected by changes in the relative mix of taxable income and losses in the tax jurisdictions in which we operate, changes in the valuation of deferred tax assets, or changes in tax laws or interpretations thereof. In addition, our income tax returns are subject to continuous examination by the IRS and other tax authorities. In 2010, the IRS initiated an examination of tax years 2007 to 2009, which was concluded during the second quarter of 2012. As the statute of limitations has been extended to September 30, 2013 for the periods 2008 to 2009, it is possible that the IRS may reopen audits for these periods. During the thirteen weeks ended March 30, 2013, the IRS initiated its examination of tax years 2010 to 2011.

It is possible that within the next twelve months, ongoing tax examinations in the U.S. states and several of our foreign jurisdictions may be resolved, that new tax exams may commence and that other issues may be effectively settled. However, we do not expect our assessment of unrecognized tax benefits to change significantly over that time.

17

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

Note 11 – Segment Information

Subsequent to our acquisition of BrightPoint, we have operated predominantly in two industry segments: (1) distribution of IT products and supply chain solutions worldwide and (2) mobile device lifecycle services and logistics solutions. Our IT distribution reporting segments are based on geographic location, and the measure of segment profit is income from operations.

Geographic areas in which we operated our IT distribution reporting segments during 2013 include North America (the United States and Canada), Europe (Austria, Belgium, France, Germany, Hungary, Italy, the Netherlands, Spain, Sweden, Switzerland and the United Kingdom), Asia-Pacific (Australia, the People’s Republic of China including Hong Kong, India, Indonesia, Malaysia, New Zealand, Singapore, Thailand, Lebanon, United Arab Emirates, Turkey, Egypt and South Africa), and Latin America (Brazil, Chile, Colombia, Mexico, Peru, and our Latin American export operations in Miami).

As discussed in Note 7, our acquisition of BrightPoint in October 2012 expanded our product and service offerings to mobile device lifecycle services and logistics solution worldwide and has been added as a reporting segment. BrightPoint has operations in the following geographic areas: the United States, Finland, Germany, Norway, Poland, Portugal, Senegal, Slovakia, South Africa, Spain, Sweden, Switzerland, the United Arab Emirates, the United Kingdom, Australia, Hong Kong, India, Malaysia, New Zealand and Singapore.

We do not allocate stock-based compensation recognized (see Note 4) to our operating units; therefore, we are reporting this as a separate amount.

18

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

Financial information by reporting segment is as follows:

	Thirteen Weeks Ended						Twenty-six Weeks Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
Net sales
IT Distribution:
North America	$	4,039,064		$	3,837,244		$	7,906,883		$	7,444,191
Europe	2,430,372			2,460,141			5,099,366			5,107,197
Asia-Pacific	2,130,658			2,038,112			4,325,166			3,987,864
Latin America	459,828			442,398			921,786			874,024
BrightPoint	1,248,093			—			2,317,258			—
Total	$	10,308,015		$	8,777,895		$	20,570,459		$	17,413,276
Income from operations
IT Distribution:
North America	$	65,885		$	68,729		$	121,460		$	138,377
Europe	12,713			14,913			26,657			36,914
Asia-Pacific	19,061			14,835			32,896			29,255
Latin America	9,527			4,437			15,078			11,865
BrightPoint	13,151			—			22,458			—
Stock-based compensation expense	(6,541		)	(5,129		)	(13,957		)	(14,575		)
Total	$	113,796		$	97,785		$	204,592		$	201,836
Capital expenditures
IT Distribution:
North America	$	19,483		$	16,760		$	30,509		$	32,058
Europe	1,241			1,057			2,047			1,815
Asia-Pacific	1,263			2,615			2,389			11,171
Latin America	546			313			862			461
BrightPoint	1,493			—			3,650			—
Total	$	24,026		$	20,745		$	39,457		$	45,505
Depreciation
IT Distribution:
North America	$	8,708		$	6,351		$	15,827		$	13,377
Europe	2,512			2,530			5,048			5,121
Asia-Pacific	1,922			1,921			3,767			3,475
Latin America	341			305			670			628
BrightPoint	7,086			—			13,484			—
Total	$	20,569		$	11,107		$	38,796		$	22,601

19

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Amortization of intangible assets
IT Distribution:
North America	$	1,786	$	1,667	$	3,571	$	3,357
Europe	493		544		991		1,094
Asia-Pacific	209		268		421		728
Latin America	220		227		442		452
BrightPoint	9,289		—		18,337		—
Total	$	11,997	$	2,706	$	23,762	$	5,631

The integration, transition and other costs included in income from operations by reporting segment is as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Integration, transition and other costs (a)
IT Distribution:
North America	$	572	$	4,045	$	2,881	$	6,545
Europe	155		—		231		—
Asia-Pacific	310		43		319		43
Latin America	—		1,923		—		1,923
BrightPoint	4,893		—		7,077		—
Total	$	5,930	$	6,011	$	10,508	$	8,511

(a) Costs are primarily for legal, consulting and other costs associated with the integration of BrightPoint, acquisitions-related costs and other transition costs incurred for certain executives, charged to SG&A expenses. For the thirteen and twenty-six weeks ended June 30, 2012, it also included an asset impairment associated with our closure of in-country Argentina operations in Latin America, charged to SG&A expenses.

For a segment breakdown of reorganization costs, refer to Note 8.

20

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

	As of
	June 29, 2013		December 29, 2012
Identifiable assets
IT Distribution:
North America	$	3,695,019	$	4,103,657
Europe	2,387,341		2,883,678
Asia-Pacific	1,862,175		1,880,431
Latin America	518,346		652,552
BrightPoint	2,130,951		1,960,130
Total	$	10,593,832	$	11,480,448
Long-lived assets
IT Distribution:
North America	$	339,072	$	329,175
Europe	44,676		50,498
Asia-Pacific	40,315		45,898
Latin America	9,502		9,415
BrightPoint	385,827		418,820
Total	$	819,392	$	853,806

Net sales and long-lived assets for the United States, which is our country of domicile, are as follows:

	Thirteen Weeks Ended
	June 29, 2013				June 30, 2012
Net sales:
United States	$	3,872,694	38	%	$	3,504,273	40		%
Outside of the United States	6,435,321		62	%	5,273,622		60		%
Total	$	10,308,015	100	%	$	8,777,895	100		%
	Twenty-six Weeks Ended
	June 29, 2013				June 30, 2012
Net sales:
United States	$	7,530,134	37	%	$	6,642,722	38		%
Outside of the United States	13,040,325		63	%	10,770,554		62		%
Total	$	20,570,459	100	%	$	17,413,276	100		%
					As of
					June 29, 2013		December 29, 2012
Long-lived assets:
United States					$	593,753	$	595,949
Outside of the United States					225,639		257,857
Total					$	819,392	$	853,806

21

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

Note 12 – Commitments and Contingencies

Our Brazilian subsidiary has received a number of tax assessments including: (1) a 2005 Federal import tax assessment claiming certain commercial taxes totaling Brazilian Reais 12,714 ($5,779 at June 29, 2013 exchange rates) were due on the import of software acquired from international vendors for the period January through September of 2002; (2) a 2007 Sao Paulo Municipal tax assessment claiming Brazilian Reais 29,111 ($13,232 at June 29, 2013 exchange rates) of service taxes were due on the resale of acquired software covering years 2002 through 2006, plus Brazilian Reais 25,972 ($11,805 at June 29, 2013 exchange rates) of associated penalties; and (3) a 2011 Federal income tax assessment, a portion of which claims statutory penalties totaling Brazilian Reais 15,900 ($7,227 at June 29, 2013 exchange rates) for delays in providing certain electronic files during the audit of tax years 2008 and 2009, which was conducted through the course of 2011. After working with our advisors, we believe the matters raised in the various assessments, other than the three assessments noted above, represent a remote risk of loss.

In addition to the amounts assessed, it is possible that we could also be assessed up to Brazilian Reais 39,934 ($18,152 at June 29, 2013 exchange rates) for penalties and interest on the 2005 assessment and up to Brazilian Reais 132,261 ($60,119 at June 29, 2013 exchange rates) for interest and inflationary adjustments on the 2007 assessment. After working with our advisors on these matters, we believe we have good defenses against each matter and do not believe it is probable that we will suffer a material loss for amounts in the 2007 and the 2011 assessments or any other unassessed amounts noted above. While we will continue to vigorously pursue administrative and, if applicable, judicial action in defending against the 2005 Federal import tax assessment, we continue to maintain a reserve for the full amount assessed at June 29, 2013.

There are various other claims, lawsuits and pending actions against us incidental to our operations. It is the opinion of management that the ultimate resolution of these matters will not have a material adverse effect on our consolidated financial position, results of operations or cash flows. However, we can make no assurances that we will ultimately be successful in our defense of any of these matters.

As is customary in the IT distribution industry, we have arrangements with certain finance companies that provide inventory-financing facilities for their customers. In conjunction with certain of these arrangements, we have agreements with the finance companies that would require us to repurchase certain inventory, which might be repossessed from the customers by the finance companies. Due to various reasons, including among other factors, the lack of information regarding the amount of saleable inventory purchased from us still on hand with the customer at any point in time, repurchase obligations relating to inventory cannot be reasonably estimated. Repurchases of inventory by us under these arrangements have been insignificant to date.

22

INGRAM MICRO INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(In 000s, except per share data)

Note 13 – New Accounting Standards

In December 2011, the Financial Accounting Standards Board issued a new accounting standard related to enhanced disclosures on offsetting (netting) of assets and liabilities in the financial statements. This standard requires improved information about financial instruments and derivative instruments that are either allowed to be offset in accordance with another accounting standard or subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with another accounting standard. Under this standard, financial statements should disclose the gross amounts of those recognized assets and liabilities and the amounts offset, whether permitted by another accounting standard or subject to master netting arrangement, to determine the net amounts presented in the statement of financial position. This standard was effective for us beginning December 30, 2012 and did not have a material impact on our consolidated financial position.

Note 14 – Subsequent Event

We have been a claimant in a class action proceeding seeking damages from certain manufacturers of LCD flat panel displays.  On July 12, 2013, the federal district judge overseeing the proceeding issued an order approving a plan of distribution to the class claimants.  The distribution entitles us to an award of $29 million, net of all attorney fees and expenses, which is expected to be received and recognized in the third quarter of 2013.  The court has deferred distribution of a portion of the settlement fund.  Accordingly, we may receive up to an additional $7 million from the remaining escrowed settlement fund in the future depending on the extent to which subsequent, approved claims are made on the fund.

23

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Unless otherwise stated, all currency amounts, other than per share information, contained in this Management’s Discussion and Analysis of Financial Condition and Results of Operations are stated in thousands.

The following discussion contains forward-looking statements, including, but not limited to, management’s expectations of competition; market share; revenues, margin, expenses and other operating results and ratios; economic conditions; vendor terms and conditions; deployment of enterprise systems; pricing strategies and customer terms and conditions; process and efficiency enhancements; cost-savings; cash flows; inventory levels; working capital days; capital expenditures; liquidity; capital requirements; acquisitions and integration costs; operating models; exchange rate fluctuations and related currency gains or losses; resolution of contingencies; seasonality; interest rates and expenses; and rates of return. In evaluating our business, readers should carefully consider the important factors included in Item 1A “Risk Factors” in our Annual Report on Form 10-K for the year ended December 29, 2012, as filed with the Securities and Exchange Commission. We disclaim any duty to update any forward-looking statements.

Overview of Our Business

We are the largest wholesale technology distributor and a global leader in IT supply-chain and mobile device lifecycle services worldwide based on revenues. We offer a broad range of IT products and supply chain solutions and help generate demand and create efficiencies for our customers and suppliers around the world. Our acquisition of BrightPoint in October 2012 expanded our product and service offerings to mobile device lifecycle services and logistics solutions worldwide. Our results of operations have been, and will continue to be, directly affected by the conditions in the economy in general. The IT distribution industry in which we operate is characterized by narrow gross profit as a percentage of net sales, or gross margin, and narrow income from operations as a percentage of net sales, or operating margin. Historically, our margins have also been impacted by pressures from price competition and declining average selling prices, as well as changes in vendor terms and conditions, including, but not limited to, variations in vendor rebates and incentives, our ability to return inventory to vendors, and time periods qualifying for price protection. We expect competitive pricing pressures and restrictive vendor terms and conditions to continue in the foreseeable future. In addition, our margins have and may continue to be impacted by our inventory levels, which are based on projections of future demand, product availability, product acceptance and marketability, and market conditions. Any sudden decline in demand and/or rapid technological changes in products could cause us to have a charge for excess and/or obsolete inventory. We continue to monitor and refine our pricing strategies, inventory management processes and vendor program processes to respond and to mitigate the impact of these factors. In addition, we continuously monitor and work to change, as appropriate, certain terms, conditions and credit offered to our customers to reflect those being imposed by our vendors, to recover costs and/or to facilitate sales opportunities. We also strive to improve our profitability through diversification of product offerings, including our presence in adjacent product categories, such as automatic identification/data capture and point-of-sale, or AIDC/POS, enterprise computing and data center, cloud computing, consumer electronics, fee-for-service supply chain offerings and expansion into mobile device lifecycle services and logistics solutions. Our business also requires significant levels of working capital primarily to finance trade accounts receivable and inventory. We have historically relied on, and continue to rely heavily on, trade credit from vendors, available cash, debt and factoring of trade accounts receivable for our working capital needs.

Over the past few years, we have complemented our internal growth initiatives with strategic business acquisitions including BrightPoint as noted previously; Promark Technology Inc. in North America; Eurequat SA, Intertrade A.F. AG, Paradigm Distribution Ltd., Symtech Nordic AS, Computacenter Distribution, Albora Soluciones SL, interAct BVBA and Aretê Sistemas S.A. in Europe; and Aptec Holdings Inc., Vantex Technology Distribution Limited, Value Added Distributors Limited, Asiasoft Hong Kong Limited and the Cantechs Group in Asia-Pacific. These acquisitions have expanded our geographic reach as well as our presence in the value-added distribution of mobile data and AIDC/POS solutions and in the mid-range enterprise market.

We manage our business through continuous cost controls and process and efficiency enhancements. This may also include, from time to time, reorganization actions to further enhance productivity and profitability and could result in the recognition of reorganization costs or impairment of assets.

We are in the process of migrating our operations from our legacy proprietary system that was developed in the late-1980s to SAP in a phased, country-by-country approach over the next several years. We have deployed SAP in several operations globally beginning in 2009. In February 2011, we also deployed the new SAP system in Australia, one of our largest operations. This deployment was somewhat unique in that Australia had operated on a different legacy enterprise system than most of our other operations and had recently implemented Ingram Micro’s warehouse management system, designed for our largest, most sophisticated distribution centers. This deployment revealed connectivity issues with our warehouse management system and certain web-based tools along with order management and customer service functionality that was not optimized. These issues resulted in order delays, decremented margins and reduced sales in 2011 and 2012. We have largely addressed these SAP system issues to better meet our customers’ needs, which has helped improve our Australian operating results during the first six months

24

Management's Discussion and Analysis Continued

of 2013. We are continuing to evaluate our SAP deployment schedule and currently do not plan any deployments in large countries in 2013.

We sell finished products purchased from many vendors but generated approximately 14% of our consolidated net sales for the thirteen weeks ended June 29, 2013 from products purchased from Hewlett-Packard Company, and 20%, 11% and 11% from products purchased from Hewlett-Packard Company, Cisco Systems, Inc. and Apple Inc., respectively, for the thirteen weeks ended June 30, 2012.

For the twenty-six weeks ended June 29, 2013, we generated approximately 15% of our consolidated net sales from products purchased from Hewlett-Packard Company, and 20% and 10% from products purchased from Hewlett-Packard Company and Cisco Systems, Inc., respectively, for the twenty-six weeks ended June 30, 2012.

The year-over-year decreases in products purchased from these vendors, as a percentage of net sales, for the periods discussed above reflects the higher mix of products purchased from other vendors as a result of changes in the market in general and our acquisition of BrightPoint.

There were no other vendors or any customers that represented 10% or more of our consolidated net sales in either of the periods presented.

Recent Events

We have been a claimant in a class action proceeding seeking damages from certain manufacturers of LCD flat panel displays.  On July 12, 2013, the federal district judge overseeing the proceeding issued an order approving a plan of distribution to the class claimants.  The distribution entitles us to an award of $29 million, net of all attorney fees and expenses, which is expected to be received and recognized in the third quarter of 2013.  The court has deferred distribution of a portion of the settlement fund.  Accordingly, we may receive up to an additional $7 million from the remaining escrowed settlement fund in the future depending on the extent to which subsequent, approved claims are made on the fund.

25

Management's Discussion and Analysis Continued

Results of Operations for the Thirteen Weeks Ended June 29, 2013 Compared to the Thirteen Weeks Ended June 30, 2012

	Thirteen Weeks Ended										Change - Increase (Decrease)
	June 29, 2013					June 30, 2012					Amount			Percentage
Net sales by reporting segment
IT Distribution:
North America	$	4,039,064		39	%	$	3,837,244		44	%	$	201,820		5	%
Europe	2,430,372			24	%	2,460,141			28	%	(29,769		)	(1	)%
Asia-Pacific	2,130,658			21	%	2,038,112			23	%	92,546			5	%
Latin America	459,828			4	%	442,398			5	%	17,430			4	%
BrightPoint	1,248,093			12	%	—			—		1,248,093			—
Total	$	10,308,015		100	%	$	8,777,895		100	%	$	1,530,120		17	%
	Thirteen Weeks Ended										Increase (Decrease)
	June 29, 2013					June 30, 2012					Amount
Operating income and operating margin by reporting segment
IT Distribution:
North America	$	65,885		1.63	%	$	68,729		1.79	%	$	(2,844	)
Europe	12,713			0.52	%	14,913			0.61	%	(2,200		)
Asia-Pacific	19,061			0.89	%	14,835			0.73	%	4,226
Latin America	9,527			2.07	%	4,437			1.00	%	5,090
BrightPoint	13,151			1.05	%	—			—		13,151
Stock-based compensation expense	(6,541		)	—		(5,129		)	—		(1,412		)
Total	$	113,796		1.10	%	$	97,785		1.11	%	$	16,011

	Thirteen Weeks Ended
	June 29, 2013		June 30, 2012
Net sales	100.00	%	100.00	%
Cost of sales	94.22		94.84
Gross profit	5.78		5.16
Operating expenses:
Selling, general and administrative	4.51		4.00
Amortization of intangible assets	0.12		0.03
Reorganization costs	0.04		0.01
Income from operations	1.10		1.11
Other expense, net	0.20		0.16
Income before income taxes	0.91		0.95
Provision for income taxes	0.23		0.25
Net income	0.68	%	0.70	%

26

Management's Discussion and Analysis Continued

The increase in our consolidated net sales for the thirteen weeks ended June 29, 2013, or second quarter of 2013, compared to the thirteen weeks ended June 30, 2012, or second quarter of 2012, largely reflected our acquisitions of BrightPoint, Aptec and Promark which accounted for approximately 15 percentage points of our growth in consolidated net sales, as well as solid revenue growth in both North and Latin America, which helped offset revenue declines in both Europe and China. The translation impact of foreign currencies relative to the U.S. dollar did not have a material impact on our consolidated net sales.

The increase in our North American net sales reflects strength in our key small and medium-sized business, or SMB, market and in the region's specialty division with particular strength in consumer electronics. We also had solid growth in higher margin advanced solutions led by strength in storage, networking and security. The pricing environment remained competitive as certain companies tried to win back share. Canada returned to growth with a double-digit increase in revenue driven by strong sales into the retail market, as well as solid sales of advanced solutions.

The net decline in our European net sales reflects the continued impact of weak macro-economic conditions throughout the region. Certain countries such as United Kingdom, France and the Netherlands outperformed the market due in part to a strong focus on the SMB market, while others, such as Germany, Belgium and Spain, were negatively impacted by weak economic conditions that persist in this region where we have high exposure to retail demand.

The increase in our Asia-Pacific net sales reflects the acquisition of Aptec, which contributed approximately four percentage points to the region's overall growth, with a mix of growth and declines in other markets in the region. Australia's revenue grew for the second quarter in a row, despite declines in the country's overall IT market. India generated double-digit revenue growth with continued robust sales into large format retailers and further strength across several product categories, including mobility and networking. These growth drivers were offset by weakness in China, where revenue declined for the first time in several years. This decline was driven mainly by slower sales of mobility-related products, which were a large driver of China's double-digit growth last year. China's economy has softened, which impacted the level of sales across many product categories.

The increase in Latin American net sales includes approximately two percentage points of growth from the translation impact of stronger local currencies. The region benefited from solid revenue improvement in Brazil, driven by robust performance in both consumer and enterprise markets. The region's focus on higher value businesses resulted in stronger growth in advance solutions, data capture point-of-sale and logistics services. In Mexico, our sales have been impacted by delays in government spending and a slowdown in consumer spending.

Gross margin increased 62 basis points in the second quarter of 2013 compared to the second quarter of 2012. The second quarter of 2013 gross margin benefited by 58 basis points from the addition of higher gross margin revenue from BrightPoint. Gross margin in our IT distribution business increased four basis points year-over-year, benefiting from lower sales of tablets, steady pricing discipline, as we appropriately managed growth, and from early returns from our strategic investments.

Total selling, general and administrative expenses, or SG&A expenses, increased $113,925, or 32.4%, in the second quarter of 2013 compared to the second quarter of 2012, and increased 51 basis points as a percentage of consolidated net sales. The acquisition of BrightPoint added approximately $100,000 of cost and increased our consolidated operating expense ratio by 47 basis points due to the higher labor content required by the high-touch nature of its value-added services, as well as integration costs associated with this acquisition and continued investments in key strategic areas across all regions to further diversify our revenues. In the prior year quarter, SG&A expenses were impacted by acquisition-related costs of $4,045 and a charge of $1,923 associated with asset impairments resulting from the closure of our in-country Argentina operations.

Amortization of intangible assets increased $9,291, or 343.3%, in the second quarter of 2013 compared to the second quarter of 2012, and increased nine basis points as a percentage of consolidated net sales, in the second quarter of 2013 compared to the second quarter of 2012. The increase in the current-year quarter reflects our acquisitions of BrightPoint, Aptec and Promark.

During the second quarter of 2013, we incurred net reorganization costs of $4,636 comprised of: $2,876 of employee termination benefits for workforce reductions associated with the integration of our acquisitions and transition of some functions to shared services centers and $1,760 of facility exit costs related to two of our BrightPoint offices (see Note 8 to our consolidated financial statements). During the second quarter of 2012, we incurred reorganization costs of $974 related to employee termination benefits for workforce reductions, partially offset by net reorganization credits of $135 primarily for lower than expected costs associated with facility consolidations recorded in prior periods.

Operating margin decreased one basis point in the second quarter of 2013 compared to the second quarter of 2012, reflecting the higher gross margins as discussed above offset by higher SG&A expenses, amortization of intangible assets and reorganization and integration costs, all of which primarily relate to the BrightPoint acquisition.

27

Management's Discussion and Analysis Continued

The decrease in our North American operating margin in the second quarter of 2013 compared to the second quarter of 2012 reflects our continued strategic investments; as well as slower growth in services revenue, due in part to the loss of a customer in Canada. These factors are partially offset by benefits we begin to realize from earlier strategic investments. In the prior year quarter, our operating margin was negatively impacted by 11 basis points associated with acquisition-related costs.

The decrease in our European operating margin in the second quarter of 2013 compared to the second quarter of 2012 reflects the impact of continued challenging macro-economic conditions throughout the region.

The increase in our Asia-Pacific operating margin in the second quarter of 2013 compared to the second quarter of 2012 primarily relates to improvement in Australia, which reduced its operating loss to less than $3,000 in the current year quarter from approximately $9,000 in the prior year quarter, and operating leverage on growth in India, largely offset by the market compression noted in China.

The increase in our Latin American operating margin in the second quarter of 2013 compared to the second quarter of 2012 primarily reflects growth in Brazil, stronger sales of higher value products and services and a 23 basis point benefit on the sale of land and a building in Argentina. In the prior-year quarter, our operating margin was negatively impacted by 48 basis points associated with our closure of Argentina in-country operations.

Other expense, net, consisted primarily of interest expense and income, foreign currency exchange losses and gains and other non-operating gains and losses. We incurred other expenses of $20,170 in the second quarter of 2013 compared to $14,327 in the second quarter of 2012. The year-over-year increase is primarily attributable to higher interest expense due to an increase in average debt outstanding resulting primarily from our acquisition of BrightPoint.

In addition, we incurred higher net foreign currency exchange losses related to the foreign-currency translation impact on Euro-based inventory purchases in our pan-European entity, which designates the U.S. dollar as its functional currency, and which totaled approximately $1,000 in the second quarter of 2013 compared to a gain of approximately $1,600 in the second quarter of 2012.

We recorded an income tax provision of $23,940, or an effective tax rate of 25.6%, in the second quarter of 2013 compared to $22,184, or an effective tax rate of 26.6%, in the second quarter of 2012. The current year income tax provision included net discrete tax benefits totaling approximately $5,766, or 6.2 percentage points, recognized in the quarter as a result of a change in estimate of the amount of BrightPoint acquisition costs deductible for tax purposes. The prior year income tax provision included net discrete benefits of approximately $4,378, or 5.3 percentagepoints of the effective tax rate, which primarily reflects the release of an unrecognized tax benefit due to the expiration of the applicable statute of limitations in Australia, along with other positive adjustments agreed with the U.S. Internal Revenue Service. The remaining year-over-year change in the effective tax rate primarily reflects the change in mix of profit among different tax jurisdictions and losses in other tax jurisdictions in which we are not able to record a tax benefit.

We currently expect our 2013 full year effective tax rate to be approximately 31%; however, effective tax rates may vary significantly depending on the actual operating results in the various tax jurisdictions, as well as changes in the valuation allowance related to the expected recovery of our deferred tax assets.

28

Management's Discussion and Analysis Continued

Results of Operations for the Twenty-six Weeks Ended June 29, 2013 Compared to the Twenty-six Weeks Ended June 30, 2012

	Twenty-six Weeks Ended										Change - Increase (Decrease)
	June 29, 2013					June 30, 2012					Amount			Percentage
Net sales by reporting segment
IT Distribution:
North America	$	7,906,883		38	%	$	7,444,191		43	%	$	462,692		6	%
Europe	5,099,366			25	%	5,107,197			29	%	(7,831		)	—
Asia-Pacific	4,325,166			21	%	3,987,864			23	%	337,302			8	%
Latin America	921,786			5	%	874,024			5	%	47,762			5	%
BrightPoint	2,317,258			11	%	—			—		2,317,258			—
Total	$	20,570,459		100	%	$	17,413,276		100	%	$	3,157,183		18	%
	Twenty-six Weeks Ended										Increase (Decrease)
	June 29, 2013					June 30, 2012					Amount
Operating income and operating margin by reporting segment
IT Distribution:
North America	$	121,460		1.54	%	$	138,377		1.86	%	$	(16,917	)
Europe	26,657			0.52	%	36,914			0.72	%	(10,257		)
Asia-Pacific	32,896			0.76	%	29,255			0.73	%	3,641
Latin America	15,078			1.64	%	11,865			1.36	%	3,213
BrightPoint	22,458			0.97	%	—			—		22,458
Stock-based compensation expense	(13,957		)	—		(14,575		)	—		618
Total	$	204,592		0.99	%	$	201,836		1.16	%	$	2,756

	Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012
Net sales	100.00	%	100.00	%
Cost of sales	94.26		94.72
Gross profit	5.74		5.28
Operating expenses:
Selling, general and administrative	4.57		4.09
Amortization of intangible assets	0.12		0.03
Reorganization costs	0.06		0.01
Income from operations	0.99		1.16
Other expense, net	0.17		0.17
Income before income taxes	0.82		0.99
Provision for income taxes	0.24		0.12
Net income	0.58	%	0.87	%

The increase in our consolidated net sales for the twenty-six weeks ended June 29, 2013, or first six months of 2013, compared to the twenty-six weeks ended June 30, 2012, or first six months of 2012, largely reflects our acquisitions of BrightPoint, Aptec and Promark which contributed approximately 14 percentage points of our growth in consolidated revenue, as well as growth in

29

Management's Discussion and Analysis Continued

our other operating regions except Europe, which is essentially flat year-over-year. The translation impact of foreign currencies relative to the U.S. dollar did not have a material impact on our consolidated net sales.

The increase in our North American net sales reflects strength in our key SMB market in the U.S., which helped support growth in our specialty division, particularly consumer electronics. We also had solid growth in advanced solutions, led by strength in storage, networking and security. Canada recovered from a slower first quarter with growth in the second quarter driven by stronger sales into the retail market.

The change in our European net sales largely reflects the impact of continued challenging macro-economic conditions in several markets in the region as discussed in the results for the second quarter.

The increase in our Asia-Pacific net sales largely reflects the same factors noted in our discussion of the results for the second quarter, with the acquisition of Aptec contributing approximately four percentage points to the region's overall growth. Growth in Australia and India also is consistent with those factors noted in the discussion of the results for the second quarter. China, which had modest growth in the first quarter, experienced slower sales of mobility-related products in the second quarter of 2013, which were a large driver of its double-digit growth last year. China's overall economy has softened, which is impacting the level of sales across many product categories.

The increase in Latin American net sales reflects strong revenue in Brazil, as discussed in the results for the second quarter. In Mexico, our sales have been impacted by delays in government spending and a slowdown in consumer spending in the first half of the year.

Gross margin increased 46 basis points in the first six months of 2013 compared to the first six months of 2012. The first six months of 2013 gross margin benefited by 61 basis points from the addition of BrightPoint's higher gross margin revenue, driven by its mobility services business. This benefit helped offset the dilutive impact of a greater mix of lower margin products, such as tablets and other personal devices in the first quarter of 2013, a more competitive selling environment, both in North America and Europe, as well as the loss of favorable hard disc drive pricing realized in the prior year.

Total SG&A expenses increased $227,979, or 32.0%, in the first six months of 2013 compared to the first six months of 2012, and increased 48 basis points as a percentage of consolidated net sales. The acquisition of BrightPoint added approximately $197,000 of cost and increased our consolidated expense ratio by 50 basis points due to the higher labor content required by the high-touch nature of its value-added services, as well as integration costs associated with this acquisition and investments in key strategic areas across all regions to further diversify our revenues. In the prior year period, SG&A expenses were impacted by acquisition-related costs of $4,045, asset impairments of $1,923 associated with the closure of our in-country Argentina operations and costs of $2,500 associated with the transition of our chief executive officer.

Amortization of intangible assets increased $18,131, or 322.0%, in the first six months of 2013 compared to the first six months of 2012 due to our acquisitions of BrightPoint, Aptec and Promark.

During the first six months of 2013, we incurred net reorganization costs of $13,302 comprised of: $8,265 of employee termination benefits for workforce reductions associated with the integration of our acquisitions and transition of some functions to shared services centers and $5,037 of facility exit costs (see Note 8 to our consolidated financial statements). During the first six months of 2012, we incurred reorganization costs of $1,666 related to employee termination benefits for workforce reductions, partially offset by net reorganization credits of $270 for employee termination benefits for workforce reductions and lower than expected costs associated with facility consolidations recorded in prior periods.

30

Management's Discussion and Analysis Continued

Operating margin decreased 17 basis points in the first six months of 2013 compared to the first six months of 2012, primarily reflecting higher costs for amortization of intangible assets, reorganization and integration costs, and investments in strategic growth areas in the current year as well as the loss of favorable hard disc drive pricing realized in the prior year.

The decrease in our North American operating margin in the first six months of 2013 compared to the first six months of 2012 primarily reflects our loss of favorable hard disc drive pricing realized in the prior year and our continued strategic investments, as well as the lower growth in high margin products and services.

The decrease in our European operating margin in the first six months of 2013 compared to the first six months of 2012 primarily related to the impact of continued challenging macro-economic conditions throughout the region and a continued competitive environment.

The increase in our Asia-Pacific operating margin in the first six months of 2013 compared to the first six months of 2012 primarily related to growth in India, an improvement in Australia and cost control measures, partially offset by a greater mix of lower-margin products, particularly in China.

The increase in our Latin American operating margin in the first six months of 2013 compared to the first six months of 2012 primarily related to improvements in Brazil, stronger sales of higher value products throughout the region and an 11 basis point benefit on the sale of land and a building in Argentina. In the prior year-period, operating margin was negatively impacted by 27 basis points of costs associated with the closure of our Argentina in-country operations.

Other expense, net, consisted primarily of interest expense and income, foreign currency exchange losses and gains and other non-operating gains and losses. We incurred other expenses of $34,914 in the first six months of 2013 compared to $29,788 in the first six months of 2012. The year-over-year increase is primarily attributable to higher interest expense due to an increase in average debt outstanding resulting from our acquisition of BrightPoint. The higher interest expense was largely offset by the net foreign currency exchange gains related to the foreign-currency translation impact on Euro-based inventory purchases in our pan-European entity, which designates the U.S. dollar as its functional currency, and which totaled approximately$3,600 in the first six months of 2013 compared to a loss of approximately $3,200 in the first six months of 2012.

We recorded an income tax provision of $50,233, or an effective tax rate of 29.6%, in the first six months of 2013 compared to $20,801, or an effective tax rate of 12.1%, in the first six months of 2012. The first six months of 2013 included net discrete tax benefits totaling approximately $5,766, or 3.4 percentage points, recognized primarily as a result of a change in estimate of the amount of BrightPoint acquisition costs deductible for tax purposes. The first six months of 2012 included net discrete tax benefits of approximately $28,532, or 16.6 percentage points of the effective tax rate, which was primarily a result of the write-off of the historical tax basis of the investment we had maintained in one of our Latin American subsidiary holding companies, which was realized in the first quarter of 2012, and the $4,378 or 2.6 percentage points of discrete benefits recognized in the second quarter of 2012, as previously discussed. The remaining year-over-year change in the effective tax rate is driven by factors consistent with our discussion of the results for the second quarters of 2013 and 2012.

31

Management's Discussion and Analysis Continued

Quarterly Data; Seasonality

Our quarterly operating results have fluctuated significantly in the past and will likely continue to do so in the future as a result of:

• the impact of and possible disruption caused by efforts to improve our IT capabilities, integrate acquisitions or implement reorganization actions, as well as the related expenses and/or charges;

• competitive conditions in our industry, which may impact the prices charged and terms and conditions imposed by our suppliers and/or competitors and the prices we charge our customers, which in turn may negatively impact our revenues and/or gross margins;

• general changes in economic or geopolitical conditions, including changes in legislation or regulatory environments in which we operate;

• seasonal variations in the demand for our products and services, which historically have included lower demand in Europe during the summer months, worldwide pre-holiday stocking in the retail channel during the September-to-December period and the seasonal increase in demand for our North American fee-based logistics services in the fourth quarter, which affect our operating expenses and gross margins;

• changes in product mix, including entry or expansion into new markets, as well as the exit or retraction of certain business;

• currency fluctuations in countries in which we operate;

• variations in our levels of excess inventory and doubtful accounts, and changes in the terms of vendor-sponsored programs such as price protection and return rights;

• changes in the level of our operating expenses;

• changes in our provision for taxes due to the mix of taxable earnings and losses across our operations, including losses in certain tax jurisdictions in which we are not able to record a tax benefit, as well as the resolution of uncertain tax positions or changes in the valuation allowance related to the expected recovery of our deferred tax assets;

• the impact of acquisitions and divestitures;

• the occurrence of unexpected events or the resolution of existing uncertainties, including, but not limited to, litigation, or regulatory matters;

• the loss or consolidation of one or more of our major suppliers or customers;

• product supply constraints; and

• interest rate fluctuations and/or credit market volatility, which may increase our borrowing costs and may influence the willingness or ability of customers and end-users to purchase products and services.

Historical variations in our business may not be indicative of future trends. In addition, our narrow operating margins may magnify the impact of the foregoing factors on our operating results.

32

Management's Discussion and Analysis Continued

Liquidity and Capital Resources

Cash Flows

We finance our working capital needs and investments in the business largely through net income before noncash items, available cash, trade and supplier credit and various financing facilities. As a distributor, our business requires significant investment in working capital, particularly trade accounts receivable and inventory, which is partially financed by vendor trade accounts payable. As a general rule, when sales volumes are increasing, our net investment in working capital dollars typically increases, which generally results in decreased cash flow generated from operating activities. Conversely, when sales volume decreases, our net investment in working capital decreases, which generally results in increases in cash flows generated from operating activities. The following is a detailed discussion of our cash flows for the first six months of 2013 and 2012.

Our cash and cash equivalents totaled $726,892 and $595,147 at June 29, 2013 and December 29, 2012, respectively. We normally have a seasonal decline in sales from the fourth quarter to the second quarter of the subsequent fiscal year. For example, this seasonal drop was approximately nine percentage points in the second quarter of 2013 compared to the fourth quarter of 2012. As noted above, this trend will typically yield a decrease in our net investment in working capital. However, our working capital days at the end of the second quarter of 2013 were slightly higher than our year-end 2012 working capital days, but within our normal range of 22 to 26 working capital days. The slight increase generally reflects routine variability in the timing of certain vendor and customer payments from quarter to quarter.

Operating activities provided net cash of $328,015 in the first six months of 2013 and $84,303 in the first six months of 2012. As noted above, our cash flows from operations are significantly affected by net working capital, which is in turn impacted by fluctuations in volume of sales, as well as normal period-to-period variations in days of working capital outstanding due to the timing of collections from customers, movement of inventory and payments to vendors. The net cash provided by operating activities in the first six months of 2013 and 2012 principally reflects our net income before noncash charges and the net changes of working capital, largely due to the seasonal decline in sales volume. The higher level of cash provided in 2013 compared to 2012 reflects the slightly lower working capital days at the end of the second quarter of 2013 compared to the same period in 2012, which can generally be attributed to normal variations in the timing of collections from customers, movement of inventory and payments to vendors.

Investing activities used net cash of $37,571 in the first six months of 2013 compared to $44,718 in the first six months of 2012 primarily driven by capital expenditures in both periods. The higher level of capital expenditures in 2012 was based on timing of investments in our enterprise system deployment.

Financing activities used net cash of $148,435 in the first six months of 2013 compared to net cash provided of $58,066 in the first six months of 2012. The net cash used by financing activities in the first six months of 2013 primarily reflects the net payment of $165,263 on our revolving credit facilities with funds generated from operating cash flows, partially offset by the proceeds of $15,693 from exercise of stock options. The net cash provided by financing activities in the first six months of 2012 primarily reflects the net proceeds of $74,193 on our revolving credit facilities used to fund our ongoing operations, including working capital investment as noted above, and proceeds from exercises of stock options of $28,632; partially offset by our repurchase of $50,000 of Class A Common Stock.

Our levels of debt and cash and cash equivalents are highly influenced by our working capital needs. As such, our cash and cash equivalents balances and borrowings fluctuate from period to period and may also fluctuate significantly within a quarter. The fluctuation is the result of the concentration of payments received from customers toward the end of each month, as well as the timing of payments made to our vendors. Accordingly, our period-end debt and cash balances may not be reflective of our average levels or maximum debt and/or minimum cash levels during the periods presented or at any other point in time.

Capital Resources

We have a range of financing facilities which are diversified by type, maturity and geographic region with various financial institutions worldwide with a total capacity of approximately $3,519,000, of which $884,584 was outstanding, at June 29, 2013. These facilities have staggered maturities through 2022. Our cash and cash equivalents totaled $726,892 and $595,147 at June 29, 2013 and December 29, 2012, respectively, of which $620,935 and $533,585, respectively, resided in operations outside of the U.S. Our ability to repatriate these funds to the U.S. in an economical manner may be limited. Our cash balances are deposited and/or invested with various financial institutions globally that we endeavor to monitor regularly for credit quality. However, we are exposed to risk of loss on funds deposited with the various financial institutions and money market mutual funds and we may experience significant disruptions in our liquidity needs if one or more of these financial institutions were to suffer bankruptcy or similar restructuring. As of June 29, 2013 and December 29, 2012, we had book overdrafts of $399,655 and $415,207, respectively, representing checks issued on disbursement bank accounts but not yet paid by such banks. These amounts are classified as accounts

33

Management's Discussion and Analysis Continued

payable in our consolidated balance sheet and are typically paid by the banks in a relatively short period of time. We believe that our existing sources of liquidity provide sufficient resources to meet our capital requirements, including the potential need to post cash collateral for identified contingencies (see Note 12 to our consolidated financial statements and Item 1. “Legal Proceedings” under Part II. “Other Information” for further discussion of identified contingencies), for at least the next twelve months. Nevertheless, depending on capital and credit market conditions, we may from time to time seek to increase or decrease our available capital resources through changes in our debt or other financing facilities. Finally, since the capital and credit markets can be volatile, we may be limited in our ability to replace in a timely manner maturing credit facilities and other indebtedness on terms acceptable to us, or at all, or to access committed capacities due to the inability of our finance partners to meet their commitments to us. The following is a detailed discussion of our various financing facilities.

In August 2012, we issued through a public offering $300,000 of 5.00% senior unsecured notes due 2022, resulting in cash proceeds of approximately $296,256, net of discount and issuance costs of $1,794 and $1,950, respectively. Interest on the notes is payable semiannually in arrears on February 10 and August 10, commencing February 10, 2013. At June 29, 2013 and December 29, 2012, our senior unsecured notes due 2022 have a carrying value of $298,365 and $298,275, respectively, net of unamortized discount of $1,635 and $1,725, respectively. At June 29, 2013 and December 29, 2012, we also have $300,000 of 5.25% senior unsecured notes due 2017. Interest on these notes is payable semiannually in arrears on March 1 and September 1 of each year. These notes may be redeemed by us in whole at any time or in part from time to time, at our option, at redemption prices that are designated in the terms and conditions of the respective notes.

We have a revolving trade accounts receivable-backed financing program in North America which provides for up to $675,000 in borrowing capacity. This financing program matures in November 2015. This financing program, subject to the financial institutions’ approval and availability of eligible receivables, may be increased to $900,000 in accordance with the extended terms of the program. The interest rate of this program is dependent on designated commercial paper rates (or, in certain circumstances, an alternate rate) plus a predetermined margin. We had borrowings of $201,997 and $345,000 at June 29, 2013 and December 29, 2012, respectively, under this North American financing program.

We have a revolving trade accounts receivable-backed financing program in Europe, which provides for a borrowing capacity of up to €105,000, or approximately $137,000 at June 29, 2013 exchange rates. In June 2013, we entered into an agreement to increase the borrowing capacity of this program to €105,000 from the previous amount of €100,000 and to extend its maturity to January 2017. The current program requires certain commitment fees, and borrowings under this program incur financing costs based on EURIBOR plus a predetermined margin. We had no borrowings at June 29, 2013 or December 29, 2012 under this European financing program.

We also have a revolving trade accounts receivable-backed financing program in Europe, which provides for a maximum borrowing capacity of up to €45,000, or approximately $58,000 at June 29, 2013 exchange rates. In May 2013, this program was extended and in June 2013, we entered into an agreement to reduce the borrowing capacity of this program to €45,000 from the previous amount of €90,000 and to extend its maturity to May 2016. This program requires certain commitment fees, and borrowings under the program incur financing costs based on EURIBOR plus a predetermined margin. We had no borrowings at June 29, 2013 or December 29, 2012 under this European financing program. Our other revolving trade accounts receivable-backed financing program in Europe was extended in May 2013, but subsequently terminated in June 2013. This financing program had provided a maximum borrowing capacity of £60,000. We had no borrowings at December 29, 2012 under this matured European financing program.

We have a multi-currency revolving trade accounts receivable-backed financing program in Asia-Pacific, which matures in May 2014, and provides for a borrowing capacity of up to 160,000 Australian dollars, or approximately $146,000 at June 29, 2013 exchange rates. The interest rate for this financing program is dependent upon the currency in which the drawing is made and is related to the local short-term bank indicator rate for such currency plus a predetermined margin. We had no borrowings at June 29, 2013 or December 29, 2012 under this Asia-Pacific financing program.

Our ability to access financing under all our trade accounts receivable-backed financing programs in North America, Europe and Asia-Pacific, as discussed above, is dependent upon the level of eligible trade accounts receivable as well as continued covenant compliance. We may lose access to all or part of our financing under these programs under certain circumstances, including: (a) a reduction in sales volumes leading to related lower levels of eligible trade accounts receivable; (b) failure to meet certain defined eligibility criteria for the trade accounts receivable, such as receivables remaining assignable and free of liens and dispute or set-off rights; (c) performance of our trade accounts receivable; and/or (d) loss of credit insurance coverage for our European and Asia-Pacific facilities. At June 29, 2013, our actual aggregate capacity under these programs was approximately $987,000 based on eligible trade accounts receivable available, of which $201,997 of such capacity was used. Even if we do not borrow, or choose not to borrow to the full available capacity of certain programs, most of our trade accounts receivable-backed financing programs

34

Management's Discussion and Analysis Continued

prohibit us from assigning, transferring or pledging the underlying eligible receivables as collateral for other financing programs. At June 29, 2013, the amount of trade accounts receivable which would be restricted in this regard totaled approximately $1,413,000.

We have a $940,000 revolving senior unsecured credit facility from a syndicate of multinational banks, which matures in September 2016. The interest rate on this facility is based on LIBOR plus a predetermined margin that is based on our debt ratings and leverage ratio. We had no borrowings at June 29, 2013 or December 29, 2012 under this revolving senior unsecured credit facility. This credit facility may also be used to issue letters of credit. At June 29, 2013 and December 29, 2012, letters of credit of $14,608 and $4,491, respectively, were issued to certain vendors and financial institutions to support purchases by our subsidiaries, payment of insurance premiums and flooring arrangements. Our available capacity under the agreement is reduced by the amount of any outstanding letters of credit.

We also have additional lines of credit, short-term overdraft facilities and other credit facilities with various financial institutions worldwide, which provide for borrowing capacity aggregating approximately $965,000 at June 29, 2013. Most of these arrangements are on an uncommitted basis and are reviewed periodically for renewal. At June 29, 2013 and December 29, 2012, respectively, we had $84,222 and $111,268 outstanding under these facilities. The weighted average interest rate on the outstanding borrowings under these facilities, which may fluctuate depending on geographic mix, was 7.4% and 7.9% per annum at June 29, 2013 and December 29, 2012, respectively. At June 29, 2013 and December 29, 2012, letters of credit totaling $27,690 and $30,829, respectively, were issued to various customs agencies and landlords to support our subsidiaries. The issuance of these letters of credit reduces our available capacity under these agreements by the same amount.

There have been no significant changes in our contractual obligations from those disclosed in our Annual Report on Form 10-K for the year ended December 29, 2012 other than those noted in this “Capital Resources” section.

Covenant Compliance

We are required to comply with certain financial covenants under the terms of certain of our financing facilities, including restrictions on funded debt and liens and covenants related to tangible net worth, leverage and interest coverage ratios and trade accounts receivable portfolio performance. We are also restricted by other covenants, including, but not limited to, restrictions on the amount of additional indebtedness we can incur, dividends we can pay, and the amount of common stock that we can repurchase annually. At June 29, 2013, we were in compliance with all material covenants or other material requirements set forth in our trade accounts receivable-backed programs, senior unsecured notes due 2017 and 2022, revolving unsecured credit facility and other credit agreements, as discussed above.

Trade Accounts Receivable Factoring Programs

We have three uncommitted factoring programs, one in North America and two in Europe, under which trade accounts receivable of two large customers may be sold, without recourse, to financial institutions. Available capacity under these programs is dependent on the amount of trade accounts receivable already sold to and held by financial institutions, the level of our trade accounts receivable eligible to be sold into these programs and the financial institutions’ willingness to purchase such receivables. At June 29, 2013 and December 29, 2012, we had a total of $198,209 and $242,626, respectively, of trade accounts receivable sold to and held by the financial institutions under these programs.

Other Matters

See Note 12 to our consolidated financial statements and Item 1. “Legal Proceedings” under Part II “Other Information” for discussion of other matters.

Item 3. Quantitative and Qualitative Disclosures About Market Risk

There were no material changes in our quantitative and qualitative disclosures about market risk for the first six months of 2013 from those disclosed in our Annual Report on Form 10-K for the year ended December 29, 2012. For further discussion of quantitative and qualitative disclosures about market risk, reference is made to our Annual Report on Form 10-K for the year ended December 29, 2012.

Item 4. Controls and Procedures

Our management evaluated, with the participation of the President and Chief Executive Officer and Chief Operating and Financial Officer, the effectiveness of our disclosure controls and procedures as of the end of the period covered by this report. Based on that evaluation, the President and Chief Executive Officer and Chief Operating and Financial Officer have concluded that our disclosure controls and procedures were effective as of the end of the period covered by this report.

35

We are in the process of upgrading our computer systems used for operations in certain of our subsidiaries. Implementation of these systems has necessitated changes in operating policies and procedures and the related internal controls and their method of application. However, there have been no changes in our internal control over financial reporting that occurred during the last fiscal quarter covered by this report that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Part II. Other Information

Unless otherwise indicated, currency and share amounts in Part II are stated in thousands.

Item 1. Legal Proceedings

Our Brazilian subsidiary has received a number of tax assessments including: (1) a 2005 Federal import tax assessment claiming certain commercial taxes totaling Brazilian Reais 12,714 ($5,779 at June 29, 2013 exchange rates) were due on the import of software acquired from international vendors for the period January through September of 2002; (2) a 2007 Sao Paulo Municipal tax assessment claiming Brazilian Reais 29,111 ($13,232 at June 29, 2013 exchange rates) of service taxes were due on the resale of acquired software covering years 2002 through 2006, plus Brazilian Reais 25,972 ($11,805 at June 29, 2013 exchange rates) of associated penalties; and (3) a 2011 Federal income tax assessment, a portion of which claims statutory penalties totaling Brazilian Reais 15,900 ($7,227 at June 29, 2013 exchange rates) for delays in providing certain electronic files during the audit of tax years 2008 and 2009, which was conducted through the course of 2011. After working with our advisors, we believe the matters raised in the various assessments, other than the three assessments noted above, represent a remote risk of loss.

In addition to the amounts assessed, it is possible that we could also be assessed up to Brazilian Reais 39,934 ($18,152 at June 29, 2013 exchange rates) for penalties and interest on the 2005 assessment and up to Brazilian Reais 132,261 ($60,119 at June 29, 2013 exchange rates) for interest and inflationary adjustments on the 2007 assessment. After working with our advisors on these matters, we believe we have good defenses against each matter and do not believe it is probable that we will suffer a material loss for amounts in the 2007 and the 2011 assessments or any other unassessed amounts noted above. While we will continue to vigorously pursue administrative and, if applicable, judicial action in defending against the 2005 Federal import tax assessment, we continue to maintain a reserve for the full amount assessed at June 29, 2013.

In March 2008, we and one of our subsidiaries were named as defendants in a lawsuit arising out of the 2005 bankruptcy of Refco, Inc., and its subsidiaries and affiliates (collectively, “Refco”). The liquidators of numerous Cayman Island-based hedge funds filed suit (the “Krys action”) against Grant Thornton LLP, Mayer Brown Rowe & Maw, LLP, Phillip Bennet, and numerous other individuals and entities. The Krys action alleges that we and our subsidiary aided and abetted the fraud and breach of fiduciary duty of Refco insiders and others by participating in loan transactions between the subsidiary and Refco in early 2000 and early 2001, causing damage to the hedge funds in an unspecified amount. The action is pending in the U.S. District Court for the Southern District of New York. On July 31, 2012, the trial court entered judgment in our favor, dismissing plaintiffs’ claims against us and our subsidiary with prejudice. Plaintiffs have appealed that judgment, but we do not expect the final disposition of the Krys matter to have a material adverse effect on our consolidated financial position, results of operations, or cash flows.

Item 1A. Risk Factors

In addition to the other information set forth in this report, you should carefully consider the factors discussed in Part I, Item 1A. “Risk Factors” in our Annual Report on Form 10-K for the year ended December 29, 2012, which could materially affect our business, financial condition or future results. The risks described in our Annual Report on Form 10-K are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition and/or operating results.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

(a) Not applicable

(b) Not applicable

(c) Not applicable

36

Item 6. Exhibits

No.	Description
31.1	Certification by Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (“SOX”)
31.2	Certification by Principal Financial Officer pursuant to Section 302 of SOX
32.1	Certification pursuant to Section 906 of SOX
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema Document
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*	XBRL Taxonomy Extension Label Linkbase Document
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document

 _________________________

* Pursuant to applicable securities laws and regulations, we are deemed to have complied with the reporting obligation relating to the submission of interactive data files in such exhibits and are not subject to liability under any anti-fraud provisions of the federal securities laws as long as we have made a good faith attempt to comply with the submission requirements and promptly amend the interactive data files after becoming aware that the interactive data files fail to comply with the submission requirements. Users of this data are advised that, pursuant to Rule 406T, these interactive data files are deemed not filed and otherwise are not subject to liability.

37

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

INGRAM MICRO INC.
By:	/s/ William D. Humes
Name:	William D. Humes
Title:	Chief Operating and Financial Officer
	(Principal Financial Officer and Principal Accounting Officer)

July 25, 2013

38

EXHIBIT INDEX

No.	Description
31.1	Certification by Principal Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (“SOX”)
31.2	Certification by Principal Financial Officer pursuant to Section 302 of SOX
32.1	Certification pursuant to Section 906 of SOX
101.INS*	XBRL Instance Document
101.SCH*	XBRL Taxonomy Extension Schema Document
101.CAL*	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF*	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*	XBRL Taxonomy Extension Label Linkbase Document
101.PRE*	XBRL Taxonomy Extension Presentation Linkbase Document

 _________________________

* Pursuant to applicable securities laws and regulations, we are deemed to have complied with the reporting obligation relating to the submission of interactive data files in such exhibits and are not subject to liability under any anti-fraud provisions of the federal securities laws as long as we have made a good faith attempt to comply with the submission requirements and promptly amend the interactive data files after becoming aware that the interactive data files fail to comply with the submission requirements. Users of this data are advised that, pursuant to Rule 406T, these interactive data files are deemed not filed and otherwise are not subject to liability.

39

EX-31.1

Exhibit 31.1

Certification by Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, Alain Monié, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Ingram Micro Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: July 25, 2013

/s/ Alain Monié

Name:  Alain Monié

Title:    President and Chief Executive Officer

(Principal Executive Officer)

EX-31.2

Exhibit 31.2

Certification by Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

I, William D. Humes, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Ingram Micro Inc.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: July 25, 2013

/s/ William D. Humes

Name:  William D. Humes

Title:    Chief Operating and Financial Officer

(Principal Financial Officer)

EX-32.1

Exhibit 32.1

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

The certification set forth below is being submitted in connection with the report on Form 10-Q of Ingram Micro Inc. (the “Report”) for the purpose of complying with Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Section 1350 of Chapter 63 of Title 18 of the United States Code.

Alain Monié, the President and Chief Executive Officer, and William D. Humes, the Chief Operating and Financial Officer, of Ingram Micro Inc. each certifies that, to the best of his knowledge:

1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Exchange Act; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of Ingram Micro Inc.

Date: July 25, 2013

/s/ Alain Monié

Name:  Alain Monié

Title:    President and Chief Executive Officer

/s/ William D. Humes

Name:  William D. Humes

Title:    Chief Operating and Financial Officer

XML

Segment Information

6 Months Ended

Jun. 29, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

Subsequent to our acquisition of BrightPoint, we have operated predominantly in two industry segments: (1) distribution of IT products and supply chain solutions worldwide and (2) mobile device lifecycle services and logistics solutions. Our IT distribution reporting segments are based on geographic location, and the measure of segment profit is income from operations.

Geographic areas in which we operated our IT distribution reporting segments during 2013 include North America (the United States and Canada), Europe (Austria, Belgium, France, Germany, Hungary, Italy, the Netherlands, Spain, Sweden, Switzerland and the United Kingdom), Asia-Pacific (Australia, the People’s Republic of China including Hong Kong, India, Indonesia, Malaysia, New Zealand, Singapore, Thailand, Lebanon, United Arab Emirates, Turkey, Egypt and South Africa), and Latin America (Brazil, Chile, Colombia, Mexico, Peru, and our Latin American export operations in Miami).

As discussed in Note 7, our acquisition of BrightPoint in October 2012 expanded our product and service offerings to mobile device lifecycle services and logistics solution worldwide and has been added as a reporting segment. BrightPoint has operations in the following geographic areas: the United States, Finland, Germany, Norway, Poland, Portugal, Senegal, Slovakia, South Africa, Spain, Sweden, Switzerland, the United Arab Emirates, the United Kingdom, Australia, Hong Kong, India, Malaysia, New Zealand and Singapore.

We do not allocate stock-based compensation recognized (see Note 4) to our operating units; therefore, we are reporting this as a separate amount.

Financial information by reporting segment is as follows:

	Thirteen Weeks Ended						Twenty-six Weeks Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
Net sales
IT Distribution:
North America	$	4,039,064		$	3,837,244		$	7,906,883		$	7,444,191
Europe	2,430,372			2,460,141			5,099,366			5,107,197
Asia-Pacific	2,130,658			2,038,112			4,325,166			3,987,864
Latin America	459,828			442,398			921,786			874,024
BrightPoint	1,248,093			—			2,317,258			—
Total	$	10,308,015		$	8,777,895		$	20,570,459		$	17,413,276
Income from operations
IT Distribution:
North America	$	65,885		$	68,729		$	121,460		$	138,377
Europe	12,713			14,913			26,657			36,914
Asia-Pacific	19,061			14,835			32,896			29,255
Latin America	9,527			4,437			15,078			11,865
BrightPoint	13,151			—			22,458			—
Stock-based compensation expense	(6,541		)	(5,129		)	(13,957		)	(14,575		)
Total	$	113,796		$	97,785		$	204,592		$	201,836
Capital expenditures
IT Distribution:
North America	$	19,483		$	16,760		$	30,509		$	32,058
Europe	1,241			1,057			2,047			1,815
Asia-Pacific	1,263			2,615			2,389			11,171
Latin America	546			313			862			461
BrightPoint	1,493			—			3,650			—
Total	$	24,026		$	20,745		$	39,457		$	45,505
Depreciation
IT Distribution:
North America	$	8,708		$	6,351		$	15,827		$	13,377
Europe	2,512			2,530			5,048			5,121
Asia-Pacific	1,922			1,921			3,767			3,475
Latin America	341			305			670			628
BrightPoint	7,086			—			13,484			—
Total	$	20,569		$	11,107		$	38,796		$	22,601

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Amortization of intangible assets
IT Distribution:
North America	$	1,786	$	1,667	$	3,571	$	3,357
Europe	493		544		991		1,094
Asia-Pacific	209		268		421		728
Latin America	220		227		442		452
BrightPoint	9,289		—		18,337		—
Total	$	11,997	$	2,706	$	23,762	$	5,631

The integration, transition and other costs included in income from operations by reporting segment is as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Integration, transition and other costs (a)
IT Distribution:
North America	$	572	$	4,045	$	2,881	$	6,545
Europe	155		—		231		—
Asia-Pacific	310		43		319		43
Latin America	—		1,923		—		1,923
BrightPoint	4,893		—		7,077		—
Total	$	5,930	$	6,011	$	10,508	$	8,511

(a) Costs are primarily for legal, consulting and other costs associated with the integration of BrightPoint, acquisitions-related costs and other transition costs incurred for certain executives, charged to SG&A expenses. For the thirteen and twenty-six weeks ended June 30, 2012, it also included an asset impairment associated with our closure of in-country Argentina operations in Latin America, charged to SG&A expenses.

For a segment breakdown of reorganization costs, refer to Note 8.

	As of
	June 29, 2013		December 29, 2012
Identifiable assets
IT Distribution:
North America	$	3,695,019	$	4,103,657
Europe	2,387,341		2,883,678
Asia-Pacific	1,862,175		1,880,431
Latin America	518,346		652,552
BrightPoint	2,130,951		1,960,130
Total	$	10,593,832	$	11,480,448
Long-lived assets
IT Distribution:
North America	$	339,072	$	329,175
Europe	44,676		50,498
Asia-Pacific	40,315		45,898
Latin America	9,502		9,415
BrightPoint	385,827		418,820
Total	$	819,392	$	853,806

Net sales and long-lived assets for the United States, which is our country of domicile, are as follows:

	Thirteen Weeks Ended
	June 29, 2013				June 30, 2012
Net sales:
United States	$	3,872,694	38	%	$	3,504,273	40		%
Outside of the United States	6,435,321		62	%	5,273,622		60		%
Total	$	10,308,015	100	%	$	8,777,895	100		%
	Twenty-six Weeks Ended
	June 29, 2013				June 30, 2012
Net sales:
United States	$	7,530,134	37	%	$	6,642,722	38		%
Outside of the United States	13,040,325		63	%	10,770,554		62		%
Total	$	20,570,459	100	%	$	17,413,276	100		%
					As of
					June 29, 2013		December 29, 2012
Long-lived assets:
United States					$	593,753	$	595,949
Outside of the United States					225,639		257,857
Total					$	819,392	$	853,806

XML

Segment Information - Integration, Transition and Other Costs (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended
	Jun. 29, 2013		Jun. 30, 2012		Jun. 29, 2013		Jun. 30, 2012
Segment Reporting Information [Line Items]
Integration, transition and other costs	$ 5,930	[1]	$ 6,011	[1]	$ 10,508	[1]	$ 8,511	[1]
BrightPoint [Member]
Segment Reporting Information [Line Items]
Integration, transition and other costs	4,893	[1]	0	[1]	7,077	[1]	0	[1]
North America [Member]
Segment Reporting Information [Line Items]
Integration, transition and other costs	572	[1]	4,045	[1]	2,881	[1]	6,545	[1]
Europe [Member]
Segment Reporting Information [Line Items]
Integration, transition and other costs	155	[1]	0	[1]	231	[1]	0	[1]
Asia-Pacific [Member]
Segment Reporting Information [Line Items]
Integration, transition and other costs	310	[1]	43	[1]	319	[1]	43	[1]
Latin America [Member]
Segment Reporting Information [Line Items]
Integration, transition and other costs	$ 0	[1]	$ 1,923	[1]	$ 0	[1]	$ 1,923	[1]

[1] Costs are primarily for legal, consulting and other costs associated with the integration of BrightPoint, acquisitions-related costs and other transition costs incurred for certain executives, charged to SG&A expenses. For the thirteen and twenty-six weeks ended June 30, 2012, it also included an asset impairment associated with our closure of in-country Argentina operations in Latin America, charged to SG&A expenses.

XML

CONSOLIDATED STATEMENT OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Income Statement [Abstract]
Net sales	$ 10,308,015	$ 8,777,895	$ 20,570,459	$ 17,413,276
Cost of sales	9,712,261	8,325,165	19,389,400	16,492,989
Gross profit	595,754	452,730	1,181,059	920,287
Operating expenses:
Selling, general and administrative	465,325	351,400	939,403	711,424
Amortization of intangible assets	11,997	2,706	23,762	5,631
Reorganization costs	4,636	839	13,302	1,396
Total operating expenses	481,958	354,945	976,467	718,451
Income from operations	113,796	97,785	204,592	201,836
Other expense (income):
Interest income	(2,026)	(2,200)	(3,855)	(5,966)
Interest expense	14,303	11,577	29,941	23,306
Net foreign exchange loss	3,682	1,794	1,748	7,360
Other	4,211	3,156	7,080	5,088
Total other expense (income)	20,170	14,327	34,914	29,788
Income before income taxes	93,626	83,458	169,678	172,048
Provision for income taxes	23,940	22,184	50,233	20,801
Net income	$ 69,686	$ 61,274	$ 119,445	$ 151,247
Basic earnings per share (in dollars per share)	$ 0.46	$ 0.40	$ 0.79	$ 1.00
Diluted earnings per share (in dollars per share)	$ 0.45	$ 0.40	$ 0.77	$ 0.98

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Stock-Based Compensation

6 Months Ended

Jun. 29, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

Stock-Based Compensation

We currently have a single stock incentive plan, the Ingram Micro Inc. 2011 Incentive Plan, for the granting of equity-based incentive awards including incentive stock options, non-qualified stock options, restricted stock, restricted stock units and stock appreciation rights, among others, to key employees and members of our Board of Directors. During the second quarter of 2013, our stockholders approved an amendment of the Ingram Micro Inc. 2011 Incentive Plan (the “2011 Amended Plan”), which increased the number of shares that we may issue by 12,000. The authorized pool of shares available for grant is a fungible pool. The authorized share limit is reduced by one share for every share subject to a stock option or stock appreciation right granted and 2.37 shares for every share granted after June 8, 2011 (2.29 shares after June 7, 2013) under any award other than an option or stock appreciation right for awards.

We grant time- and/or performance-vested restricted stock and/or restricted stock units, in addition to stock options, to key employees and members of our Board of Directors. The performance measures for vesting of restricted stock and restricted stock units for grants to management for the periods presented are based on earnings growth, return on invested capital, total shareholder return, income from operations as a percent of revenue and income before tax.

Awards granted under the 2011 Amended Plan were as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Stock options granted (a)	—		—		52		51
Restricted stock and restricted stock units granted (a)	2,674		2,495		3,636		2,631
Stock-based compensation expense	$	6,541	$	5,129	$	13,957	$	14,575
Related income tax benefit	$	1,884	$	1,330	$	4,094	$	4,342
Exercised stock options	293		588		1,048		1,934
Vested restricted stock and/or restricted stock units (b)	181		358		2,059		2,103

(a) As of June 29, 2013, approximately 16,055 shares were available for grant under the 2011 Amended Plan, taking into account granted options, time-vested restricted stock units/awards and performance-vested restricted stock units assuming maximum achievement.

(b) Includes 0 and 343 shares, for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 1,535 and 1,495 shares, for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, which were issued based on performance-based grants previously approved by the Human Resources Committee of the Board of Directors.

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Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 29, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts and Fair Values of Derivative Instruments

The notional amounts and fair values of derivative instruments in our consolidated balance sheet were as follows:

	Notional Amounts (1)				Fair Value
	June 29, 2013		December 29, 2012		June 29, 2013			December 29, 2012
Derivatives designated as hedging instruments recorded in:
Other current assets
Foreign exchange contracts	$	12,955	$	—	$	399		$	—
Accrued expenses
Foreign exchange contracts	7,647		—		(116		)	—
	20,602		—		283			—
Derivatives not receiving hedge accounting treatment recorded in:
Other current assets
Foreign exchange contracts	1,134,522		817,172		20,377			2,897
Accrued expenses
Foreign exchange contracts	187,538		607,836		(1,368		)	(3,776		)
	1,322,060		1,425,008		19,009			(879		)
Total	$	1,342,662	$	1,425,008	$	19,292		$	(879	)

(1) Notional amounts represent the gross amount of foreign currency bought or sold at maturity for foreign exchange contracts.

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Subsequent Event (Detail) (Subsequent Event [Member], USD $) In Millions, unless otherwise specified	0 Months Ended
	Jul. 12, 2013
Subsequent Event [Member]
Subsequent Event [Line Items]
Litigation settlement	$ 29
Litigation settlement, additional contingent amount	$ 7

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Commitments and Contingencies

6 Months Ended

Jun. 29, 2013

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Our Brazilian subsidiary has received a number of tax assessments including: (1) a 2005 Federal import tax assessment claiming certain commercial taxes totaling Brazilian Reais 12,714 ($5,779 at June 29, 2013 exchange rates) were due on the import of software acquired from international vendors for the period January through September of 2002; (2) a 2007 Sao Paulo Municipal tax assessment claiming Brazilian Reais 29,111 ($13,232 at June 29, 2013 exchange rates) of service taxes were due on the resale of acquired software covering years 2002 through 2006, plus Brazilian Reais 25,972 ($11,805 at June 29, 2013 exchange rates) of associated penalties; and (3) a 2011 Federal income tax assessment, a portion of which claims statutory penalties totaling Brazilian Reais 15,900 ($7,227 at June 29, 2013 exchange rates) for delays in providing certain electronic files during the audit of tax years 2008 and 2009, which was conducted through the course of 2011. After working with our advisors, we believe the matters raised in the various assessments, other than the three assessments noted above, represent a remote risk of loss.

In addition to the amounts assessed, it is possible that we could also be assessed up to Brazilian Reais 39,934 ($18,152 at June 29, 2013 exchange rates) for penalties and interest on the 2005 assessment and up to Brazilian Reais 132,261 ($60,119 at June 29, 2013 exchange rates) for interest and inflationary adjustments on the 2007 assessment. After working with our advisors on these matters, we believe we have good defenses against each matter and do not believe it is probable that we will suffer a material loss for amounts in the 2007 and the 2011 assessments or any other unassessed amounts noted above. While we will continue to vigorously pursue administrative and, if applicable, judicial action in defending against the 2005 Federal import tax assessment, we continue to maintain a reserve for the full amount assessed at June 29, 2013.

There are various other claims, lawsuits and pending actions against us incidental to our operations. It is the opinion of management that the ultimate resolution of these matters will not have a material adverse effect on our consolidated financial position, results of operations or cash flows. However, we can make no assurances that we will ultimately be successful in our defense of any of these matters.

As is customary in the IT distribution industry, we have arrangements with certain finance companies that provide inventory-financing facilities for their customers. In conjunction with certain of these arrangements, we have agreements with the finance companies that would require us to repurchase certain inventory, which might be repossessed from the customers by the finance companies. Due to various reasons, including among other factors, the lack of information regarding the amount of saleable inventory purchased from us still on hand with the customer at any point in time, repurchase obligations relating to inventory cannot be reasonably estimated. Repurchases of inventory by us under these arrangements have been insignificant to date.

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Reorganization and Expense-Reduction Program Costs Reorganization and Expense-Reduction Program Costs - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 29, 2013 Employees	Jun. 30, 2012 Employees	Jun. 29, 2013 Employees	Jun. 30, 2012 Employees
Restructuring Cost and Reserve [Line Items]
Headcount reduction	98	24	218	103

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Derivative Financial Instruments - Amounts Recognized in Earnings (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Net gain (loss) recognized in earnings	$ 10,267	$ 12,410	$ 29,361	$ (8,108)

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Reorganization and Expense-Reduction Program Costs (Tables)

6 Months Ended

Jun. 29, 2013

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Reserve by Type of Cost

A summary of the reorganization and expense-reduction program costs incurred in the thirteen weeks ended June 29, 2013 as compared to the thirteen weeks ended June 30, 2012 and twenty-six weeks ended June 29, 2013 compared to the twenty-six weeks ended June 30, 2012, are as follows:

	Reorganization Costs
	Headcount Reduction	Employee Termination Benefits		Facility Costs		Total Reorganization Costs		Adjustments to Prior Year Costs			Total Costs
Thirteen weeks ended June 29, 2013
IT Distribution:
North America		$	790	$	—	$	790	$	—		$	790
Europe		232		—		232		(25		)	207
Asia-Pacific		38		—		38		—			38
Latin America		—		—		—		—			—
BrightPoint		1,841		1,760		3,601		—			3,601
Total	98	$	2,901	$	1,760	$	4,661	$	(25	)	$	4,636
Thirteen weeks ended June 30, 2012
IT Distribution:
North America		$	2	$	—	$	2	$	(155	)	$	(153	)
Europe		663		—		663		—			663
Asia-Pacific		102		—		102		20			122
Latin America		207		—		207		—			207
BrightPoint		—		—		—		—			—
Total	24	$	974	$	—	$	974	$	(135	)	$	839

	Reorganization Costs
	Headcount Reduction	Employee Termination Benefits		Facility Costs		Total Reorganization Costs		Adjustments to Prior Year Costs			Total Costs
Twenty-six weeks ended June 29, 2013
IT Distribution:
North America		$	955	$	—	$	955	$	—		$	955
Europe		2,911		—		2,911		(188		)	2,723
Asia-Pacific		59		3,277		3,336		(12		)	3,324
Latin America		—		—		—		—			—
BrightPoint		4,540		1,760		6,300		—			6,300
Total	218	$	8,465	$	5,037	$	13,502	$	(200	)	$	13,302
Twenty-six weeks ended June 30, 2012
IT Distribution:
North America		$	34	$	—	$	34	$	(155	)	$	(121	)
Europe		663		—		663		—			663
Asia-Pacific		538		—		538		(115		)	423
Latin America		431		—		431		—			431
BrightPoint		—		—		—		—			—
Total	103	$	1,666	$	—	$	1,666	$	(270	)	$	1,396

Schedule of Restructuring and Related Costs

The remaining liabilities and 2013 activities associated with the aforementioned actions are summarized in the table below:

	Reorganization Liability
	Remaining Liability at December 29, 2012		Expenses (Income), Net				Amounts Paid and Charged Against the Liability			Foreign Currency Translation (b)			Remaining Liability at June 29, 2013
2013 Reorganization actions
Employee termination benefits	$	—	$	8,465			$	(4,872	)	$	5		$	3,598
Facility Costs	—		5,037				(2,440		)	(322		)	2,275
Subtotal	—		13,502				(7,312		)	(317		)	5,873		(c)
2012 Reorganization actions
Employee termination benefits	1,826		(200		)	(a)	(604		)	(21		)	1,001		(d)
2011 Reorganization actions
Employee termination benefits	79		—				(79		)	—			—
2009 and prior reorganization actions
Facility Costs	6,214		—				(1,507		)	(219		)	4,488		(e)
	$	8,119	$	13,302			$	(9,502	)	$	(557	)	$	11,362

(a) Adjustments reflected in the table above include a reduction of $188 and $12 to reorganization liabilities recorded in prior years in Europe and Asia-Pacific, respectively, for lower than expected employee termination benefits.

(b) Reflects the net foreign currency impact on the U.S. dollar liability.

(c) We expect the remaining liabilities to be substantially utilized by the end of 2016.

(d) We expect the remaining liabilities to be substantially utilized by the end of 2014.

(e) We expect the remaining liabilities to be fully utilized by the end of 2015.

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Acquisitions, Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 29, 2013

Business Combinations [Abstract]

Purchase Price Allocation to Estimated Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed on the closing date of October 15, 2012:

Tangible assets (includes trade accounts receivable, inventory, property and equipment and other assets)	$	1,156,075
Goodwill	418,895
Identifiable intangible assets	309,000
Liabilities (includes accounts payable, accrued expenses and other liabilities)	(1,015,778		)
	$	868,192

Components of Identifiable Intangible Assets Acquired

The components of identifiable intangible assets acquired in connection with the BrightPoint acquisition were as follows:

	Fair Value		Estimated Useful Life
Logistics customer relationships	$	237,000	10 years
Distribution customer relationships	59,000		7 years
Trade name	13,000		3 years
Total identifiable intangible assets	$	309,000

Schedule of Pro-Forma Operating Results

The following represents pro-forma operating results for the thirteen and twenty-six weeks ended June 30, 2012 as if BrightPoint had been included in our consolidated statements of operations as of the first date of fiscal year 2012 and includes business combination accounting effects from our acquisition including amortization of acquired intangible assets and increase in interest expense associated with the issuance of our senior unsecured notes due in 2022 and additional borrowings from our revolving senior unsecured credit facility debt to fund the acquisition.

	Thirteen Weeks Ended June 30, 2012		Twenty-six Weeks Ended June 30, 2012
Net sales	$	10,044,214	$	20,049,682
Net income	$	60,980	$	151,826
Earnings per share
Basic	$	0.40	$	1.00
Diluted	$	0.40	$	0.98

Schedule of Changes in Carrying Amount of Goodwill

The gross and net carrying amounts of finite-lived identifiable intangible assets are as follows:

	June 29, 2013		December 29, 2012
Gross carrying amount of finite-lived intangible assets	$	440,797	$	445,385
Net carrying amount of finite-lived intangible assets	$	344,940	$	372,482

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Reorganization and Expense-Reduction Program Costs - Summary of the Reorganization and Expense-Reduction Program Costs (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013 Employees	Jun. 30, 2012 Employees	Jun. 29, 2013 Employees	Jun. 30, 2012 Employees
Restructuring Cost and Reserve [Line Items]
Headcount Reduction	98	24	218	103
Employee Termination Benefits	$ 2,901	$ 974	$ 8,465	$ 1,666
Facility Costs	1,760	0	5,037	0
Total Reorganization Costs	4,661	974	13,502	1,666
Adjustments to Prior Year Costs	(25)	(135)	(200)	(270)
Total Reorganization Costs	4,636	839	13,302	1,396
BrightPoint [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination Benefits	1,841	0	4,540	0
Facility Costs	1,760	0	1,760	0
Total Reorganization Costs	3,601	0	6,300	0
Adjustments to Prior Year Costs	0	0	0	0
Total Reorganization Costs	3,601	0	6,300	0
North America [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination Benefits	790	2	955	34
Facility Costs	0	0	0	0
Total Reorganization Costs	790	2	955	34
Adjustments to Prior Year Costs	0	(155)	0	(155)
Total Reorganization Costs	790	(153)	955	(121)
Europe [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination Benefits	232	663	2,911	663
Facility Costs	0	0	0	0
Total Reorganization Costs	232	663	2,911	663
Adjustments to Prior Year Costs	(25)	0	(188)	0
Total Reorganization Costs	207	663	2,723	663
Asia-Pacific [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination Benefits	38	102	59	538
Facility Costs	0	0	3,277	0
Total Reorganization Costs	38	102	3,336	538
Adjustments to Prior Year Costs	0	20	(12)	(115)
Total Reorganization Costs	38	122	3,324	423
Latin America [Member]
Restructuring Cost and Reserve [Line Items]
Employee Termination Benefits	0	207	0	431
Facility Costs	0	0	0	0
Total Reorganization Costs	0	207	0	431
Adjustments to Prior Year Costs	0	0	0	0
Total Reorganization Costs	$ 0	$ 207	$ 0	$ 431

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Earnings Per Share - Computation of Basic EPS and Diluted EPS (Parenthetical) (Detail) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Earnings Per Share [Abstract]
Weighted average shares, including the dilutive effect of stock-based awards	2,353	2,592	2,940	3,325

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Fair Value Measurements - Debt Information (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 29, 2013	Dec. 29, 2012
Fair value, measurements, recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	$ 623,000	$ 633,000
Fair value, measurements, recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	623,000	633,000
Fair value, measurements, recurring [Member] | Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	598,365	598,275
Senior unsecured notes, 5.25% due 2017 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt, maturity date	2017	2017
Senior unsecured notes, 5.25% due 2017 [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt, maturity date	2017	2017
Senior unsecured notes, 5.25% due 2017 [Member] | Fair value, measurements, recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	322,000	326,000
Senior unsecured notes, 5.25% due 2017 [Member] | Fair value, measurements, recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	322,000	326,000
Senior unsecured notes, 5.25% due 2017 [Member] | Fair value, measurements, recurring [Member] | Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	300,000	300,000
Senior unsecured notes, 5.00% due 2022 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt, maturity date	2022	2022
Senior unsecured notes, 5.00% due 2022 [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt, maturity date	2022	2022
Senior unsecured notes, 5.00% due 2022 [Member] | Fair value, measurements, recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	301,000	307,000
Senior unsecured notes, 5.00% due 2022 [Member] | Fair value, measurements, recurring [Member] | Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	301,000	307,000
Senior unsecured notes, 5.00% due 2022 [Member] | Fair value, measurements, recurring [Member] | Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt instrument, fair value disclosure	$ 298,365	$ 298,275

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Debt - Carrying Value of Outstanding Debt (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 29, 2013	Dec. 29, 2012
Standby Letters of Credit [Line Items]
Total debt, current and non-current	$ 884,584	$ 1,054,543
Short-term debt and current maturities of long-term debt	(84,222)	(111,268)
Long-term debt, less current maturities	800,362	943,275
Senior unsecured notes, 5.25% due 2017 [Member]
Standby Letters of Credit [Line Items]
Total debt, current and non-current	300,000	300,000
Senior unsecured notes, 5.00% due 2022, net of unamortized discount of $1,635 and $1,725, respectively [Member]
Standby Letters of Credit [Line Items]
Total debt, current and non-current	298,365	298,275
North America revolving trade accounts receivable-backed financing program [Member]
Standby Letters of Credit [Line Items]
Total debt, current and non-current	201,997	345,000
Lines of credit and other debt [Member]
Standby Letters of Credit [Line Items]
Total debt, current and non-current	$ 84,222	$ 111,268

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Share Repurchase Program - Additional Information (Detail) (USD $)	1 Months Ended	6 Months Ended
	Oct. 31, 2010	Jun. 29, 2013
Equity [Abstract]
Duration of share repurchase program (in years)	3 years
Shares authorized for repurchase program	$ 400,000,000
Remaining amount for repurchase under the share repurchase program		$ 124,095,000

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Acquisitions, Goodwill and Intangible Assets - Components of Identifiable Intangible Assets Acquired (Detail) (BrightPoint [Member], USD $) In Thousands, unless otherwise specified	1 Months Ended
	Oct. 15, 2012
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 309,000
Logistics customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	237,000
Estimated Useful Life	10 years
Distribution customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	59,000
Estimated Useful Life	7 years
Trade name [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Fair Value	$ 13,000
Estimated Useful Life	3 years

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Fair Value Measurements (Tables)

6 Months Ended

Jun. 29, 2013

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

As of June 29, 2013, the fair values and carrying values of these notes are shown in the table below:

	June 29, 2013
	Fair Value
	Total		Level 1		Level 2		Level 3		Carrying Value
Liabilities:
Senior unsecured notes, 5.25% due 2017	$	322,000	$	—	$	322,000	$	—	$	300,000
Senior unsecured notes, 5.00% due 2022	301,000		—		301,000		—		298,365
	$	623,000	$	—	$	623,000	$	—	$	598,365

As of December 29, 2012, the fair values and carrying values of these notes are shown in the table below:

	December 29, 2012
	Fair Value
	Total		Level 1		Level 2		Level 3		Carrying Value
Liabilities:
Senior unsecured notes, 5.25% due 2017	$	326,000	$	—	$	326,000	$	—	$	300,000
Senior unsecured notes, 5.00% due 2022	307,000		$	—	307,000		—		298,275
	$	633,000	$	—	$	633,000	$	—	$	598,275

As of June 29, 2013, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:

	June 29, 2013
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	$	106,896	$	106,896	$	—	$	—
Marketable trading securities (a)	49,344		49,344		—		—
Derivative assets	20,776		—		20,776		—
Total assets at fair value	$	177,016	$	156,240	$	20,776	$	—
Liabilities:
Derivative liabilities	$	1,484	$	—	$	1,484	$	—
Total liabilities at fair value	$	1,484	$	—	$	1,484	$	—

(a) Included in other current assets in our consolidated balance sheet.

As of December 29, 2012, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:

	December 29, 2012
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	$	189,381	$	189,381	$	—	$	—
Marketable trading securities (a)	46,938		46,938		—		—
Derivative assets	2,897		—		2,897		—
Total assets at fair value	$	239,216	$	236,319	$	2,897	$	—
Liabilities:
Derivative liabilities	$	3,776	$	—	$	3,776	$	—
Total liabilities at fair value	$	3,776	$	—	$	3,776	$	—

(a) Included in other current assets in our consolidated balance sheet.

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CONSOLIDATED STATEMENT OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net income	$ 119,445	$ 151,247
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	62,558	28,232
Stock-based compensation	13,957	14,575
Excess tax benefit from stock-based compensation	(1,135)	(5,241)
Loss on write-off of property and equipment	2,277	0
Gain on sale of land and building	(1,045)	0
Noncash charges for interest and bond discount amortization	1,131	922
Deferred income taxes	2,429	19,481
Changes in operating assets and liabilities:
Trade accounts receivable	980,723	750,408
Inventory	(161,272)	(278,742)
Other current assets	(20,321)	(29,241)
Accounts payable	(650,770)	(427,441)
Change in book overdrafts	(15,552)	(32,067)
Accrued expenses	(4,410)	(107,830)
Cash provided by operating activities	328,015	84,303
Cash flows from investing activities:
Capital expenditures	(39,457)	(45,505)
Sales of marketable trading securities, net	1,042	1,125
Proceeds from sale of land and building	1,169	0
Acquisition earn-out payments	(325)	(338)
Cash used by investing activities	(37,571)	(44,718)
Cash flows from financing activities:
Proceeds from exercise of stock options	15,693	28,632
Repurchase of Class A Common Stock	0	(50,000)
Excess tax benefit from stock-based compensation	1,135	5,241
Net proceeds from (repayments of) revolving credit facilities	(165,263)	74,193
Cash provided (used) by financing activities	(148,435)	58,066
Effect of exchange rate changes on cash and cash equivalents	(10,264)	(7,810)
Increase in cash and cash equivalents	131,745	89,841
Cash and cash equivalents, beginning of period	595,147	891,403
Cash and cash equivalents, end of period	$ 726,892	$ 981,244

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Share Repurchase Program

6 Months Ended

Jun. 29, 2013

Equity [Abstract]

Share Repurchase Program

Share Repurchase Program

In October 2010, our Board of Directors authorized a three-year, $400,000 share repurchase program, of which $124,095 is remaining for repurchase at June 29, 2013. Under the program, we may repurchase shares in the open market and through privately negotiated transactions. Our repurchases are funded with available borrowing capacity and cash. The timing and amount of specific repurchase transactions will depend upon market conditions, corporate considerations and applicable legal and regulatory requirements. We account for repurchased shares of common stock as treasury stock. Treasury shares are recorded at cost and are included as a component of stockholders’ equity in our consolidated balance sheet. We have issued shares of common stock out of our cumulative balance of treasury shares. Such shares are issued to certain of our associates upon the exercise of their options or vesting of their equity awards under the Ingram Micro Inc. 2011 Incentive Plan, as amended (see Note 4). We did not repurchase shares during the twenty-six weeks ended June 29, 2013. Our stock issuance activity for the twenty-six weeks ended June 29, 2013 is summarized in the table below:

	Shares		Weighted Average Price Per Share		Amount
Cumulative balance at December 29, 2012	38,029		$	17.04	$	648,066
Issuance of Class A Common Stock	(335	)	17.24		(5,775		)
Cumulative balance at June 29, 2013	37,694		17.04		$	642,291

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Derivative Financial Instruments

6 Months Ended

Jun. 29, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

Derivative Financial Instruments

The notional amounts and fair values of derivative instruments in our consolidated balance sheet were as follows:

	Notional Amounts (1)				Fair Value
	June 29, 2013		December 29, 2012		June 29, 2013			December 29, 2012
Derivatives designated as hedging instruments recorded in:
Other current assets
Foreign exchange contracts	$	12,955	$	—	$	399		$	—
Accrued expenses
Foreign exchange contracts	7,647		—		(116		)	—
	20,602		—		283			—
Derivatives not receiving hedge accounting treatment recorded in:
Other current assets
Foreign exchange contracts	1,134,522		817,172		20,377			2,897
Accrued expenses
Foreign exchange contracts	187,538		607,836		(1,368		)	(3,776		)
	1,322,060		1,425,008		19,009			(879		)
Total	$	1,342,662	$	1,425,008	$	19,292		$	(879	)

(1) Notional amounts represent the gross amount of foreign currency bought or sold at maturity for foreign exchange contracts.

The amount recognized in earnings from our derivative instruments not receiving hedge accounting treatment, including ineffectiveness, is recorded in foreign currency exchange gain (loss) as follows and was largely offset by the change in fair value of the underlying hedged assets or liabilities:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Net gain (loss) recognized in earnings	$	10,267	$	12,410	$	29,361	$	(8,108	)

The unrealized gains or losses associated with our derivatives designated as hedging instruments, net of taxes, are reflected in our consolidated statement of comprehensive income (loss) for the thirteen and twenty-six weeks ended June 29, 2013 and June 30, 2012.

Cash Flow and Other Hedges

Our derivatives designated as hedging instruments have consisted primarily of foreign currency forward contracts to hedge certain foreign currency-denominated intercompany management fees. We also use foreign currency forward contracts that are not designated as hedges primarily to manage currency risk associated with foreign currency-denominated trade accounts receivable, accounts payable and intercompany loans.

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Earnings Per Share

6 Months Ended

Jun. 29, 2013

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

We report a dual presentation of Basic Earnings per Share (“Basic EPS”) and Diluted Earnings per Share (“Diluted EPS”). Basic EPS excludes dilution and is computed by dividing net income by the weighted average number of common shares outstanding during the reported period. Diluted EPS uses the treasury stock method to compute the potential dilution that could occur if stock-based awards and other commitments to issue common stock were exercised.

The computation of Basic EPS and Diluted EPS is as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Net income	$	69,686	$	61,274	$	119,445	$	151,247
Weighted average shares	152,511		151,428		151,799		151,110
Basic EPS	$	0.46	$	0.40	$	0.79	$	1.00
Weighted average shares, including the dilutive effect of stock-based awards (2,353 and 2,592 for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 2,940 and 3,325 for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively)	154,864		154,020		154,739		154,435
Diluted EPS	$	0.45	$	0.40	$	0.77	$	0.98

There were approximately 3,251 and 2,677 stock-based awards for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 3,184 and 2,161 stock-based awards for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, that were not included in the computation of Diluted EPS because the exercise price was greater than the average market price of the Class A Common Stock during the respective periods, thereby having an antidilutive effect.

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Acquisitions, Goodwill and Intangible Assets - Additional Information (Detail) (USD $)	6 Months Ended		12 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Dec. 29, 2012	Dec. 29, 2012 BrightPoint [Member]	Oct. 15, 2012 BrightPoint [Member]
Acquisitions [Line Items]
Acquisition date				Oct. 15, 2012
Aggregate purchase price					$ 868,192,000
Cash paid per share					$ 9.00
Repayment of outstanding debt					260,257,000
Goodwill					418,895,000
Purchase price allocation, identifiable intangible assets					309,000,000
Business acquisition potential earn-out paid	325,000	338,000
Change in the carrying amount of goodwill	$ 0
Maximum amortization period for finite-lived identifiable intangible assets	20 years		20 years

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Debt (Tables)

6 Months Ended

Jun. 29, 2013

Debt Disclosure [Abstract]

Carrying Value of Outstanding Debt

The carrying value of our outstanding debt consists of the following:

	June 29, 2013			December 29, 2012
Senior unsecured notes, 5.25% due 2017	$	300,000		$	300,000
Senior unsecured notes, 5.00% due 2022, net of unamortized discount of $1,635 and $1,725, respectively	298,365			298,275
North America revolving trade accounts receivable-backed financing program	201,997			345,000
Lines of credit and other debt	84,222			111,268
	884,584			1,054,543
Short-term debt and current maturities of long-term debt	(84,222		)	(111,268		)
	$	800,362		$	943,275

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Share Repurchase Program - Stock Repurchase and Issuance Activity (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	6 Months Ended
	Jun. 29, 2013
Shares
Cumulative balance, Shares, Beginning Balance	38,029
Issuance of Class A Common Stock, Shares	(335)
Cumulative balance, Shares, Ending Balance	37,694
Weighted Average Price Per Share
Cumulative balance, Weighted Average Price Per Share, Beginning Balance (in dollars per share)	$ 17.04
Issuance of Class A Common Stock, Weighted Average Price Per Share (in dollars per share)	$ 17.24
Cumulative balance, Weighted Average Price Per Share, Ending Balance (in dollars per share)	$ 17.04
Amount
Cumulative balance, Amount, Beginning Balance	$ 648,066
Issuance of Class A Common Stock, Amount	(5,775)
Cumulative balance, Amount, Ending Balance	$ 642,291

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Derivative Financial Instruments - Notional Amounts and Fair Values of Derivative Instruments (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 29, 2013		Dec. 29, 2012
Derivatives, Fair Value [Line Items]
Derivatives designated as hedging instruments, Notional Amount	$ 20,602	[1]		[1]
Derivatives designated as hedging instruments, Fair Value	283
Derivatives not receiving hedge accounting treatment, Notional Amount	1,322,060	[1]	1,425,008	[1]
Derivatives not receiving hedge accounting treatment, Fair Value	19,009		(879)
Notional Amount, Total	1,342,662	[1]	1,425,008	[1]
Fair Value, Total	19,292		(879)
Other current assets [Member] | Foreign exchange contracts [Member]
Derivatives, Fair Value [Line Items]
Derivatives designated as hedging instruments, Notional Amount	12,955	[1]		[1]
Derivatives designated as hedging instruments, Fair Value	399
Derivatives not receiving hedge accounting treatment, Notional Amount	1,134,522	[1]	817,172	[1]
Derivatives not receiving hedge accounting treatment, Fair Value	20,377		2,897
Accrued expenses [Member] | Foreign exchange contracts [Member]
Derivatives, Fair Value [Line Items]
Derivatives designated as hedging instruments, Notional Amount	7,647	[1]		[1]
Derivatives designated as hedging instruments, Fair Value	(116)
Derivatives not receiving hedge accounting treatment, Notional Amount	187,538	[1]	607,836	[1]
Derivatives not receiving hedge accounting treatment, Fair Value	$ (1,368)		$ (3,776)

[1] Notional amounts represent the gross amount of foreign currency bought or sold at maturity for foreign exchange contracts.

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Commitments and Contingencies - Additional Information (Detail) In Thousands, unless otherwise specified	Jun. 29, 2013 2005 Federal import tax assessment [Member] USD ($)	Jun. 29, 2013 2005 Federal import tax assessment [Member] BRL	Jun. 29, 2013 2007 Sao Paulo Municipal tax assessment [Member] USD ($)	Jun. 29, 2013 2007 Sao Paulo Municipal tax assessment [Member] BRL	Jun. 29, 2013 2011 Federal income tax assessment [Member] USD ($)	Jun. 29, 2013 2011 Federal income tax assessment [Member] BRL	Jun. 29, 2013 2005 Assessment [Member] USD ($)	Jun. 29, 2013 2005 Assessment [Member] BRL	Jun. 29, 2013 2007 Assessment [Member] USD ($)	Jun. 29, 2013 2007 Assessment [Member] BRL
Contingencies And Commitments [Line Items]
Amount of commercial taxes due on the import of software acquired	$ 5,779	12,714
Amount of service taxes due on the resale of software			13,232	29,111
Amount of penalties on service taxes			11,805	25,972
Amount of statutory penalties for delays in providing certain electronic files					7,227	15,900
Amount of penalties and interest likely to be assessed							18,152	39,934
Amount of interest and inflationary adjustments likely to be assessed									$ 60,119	132,261

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Debt - Carrying Value of Outstanding Debt (Parenthetical) (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 29, 2013	Dec. 29, 2012
Senior unsecured notes, 5.25% due 2017 [Member]
Standby Letters of Credit [Line Items]
Debt, interest rate	5.25%	5.25%
Debt, maturity date	2017	2017
Senior unsecured notes, 5.00% due 2022, net of unamortized discount of $1,635 and $1,725, respectively [Member]
Standby Letters of Credit [Line Items]
Debt, interest rate	5.00%	5.00%
Debt, maturity date	2022	2022
Debt, unamortized discount	$ 1,635	$ 1,725

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Acquisitions, Goodwill and Intangible Assets - Schedule of Gross Carrying Amounts (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 29, 2013	Dec. 29, 2012
Business Combinations [Abstract]
Gross carrying amount of finite-lived intangible assets	$ 440,797	$ 445,385
Net carrying amount of finite-lived intangible assets	$ 344,940	$ 372,482

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CONSOLIDATED BALANCE SHEET (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 29, 2013	Dec. 29, 2012
Allowances for trade accounts receivable	$ 73,764	$ 78,034
Preferred Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred Stock, shares authorized	25,000,000	25,000,000
Preferred Stock, shares issued	0	0
Preferred Stock, shares outstanding	0	0
Treasury stock, shares	37,694,000	38,029,000
Class A Common Stock
Common Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized	500,000,000	500,000,000
Common Stock, shares issued	190,449,000	188,349,000
Common Stock, shares outstanding	152,755,000	150,320,000
Class B Common Stock
Common Stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized	135,000,000	135,000,000
Common Stock, shares issued	0	0
Common Stock, shares outstanding	0	0

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Reorganization and Expense-Reduction Program Costs

6 Months Ended

Jun. 29, 2013

Restructuring and Related Activities [Abstract]

Reorganization and Expense-Reduction Program Costs

Reorganization and Expense-Reduction Program Costs

2013 Actions

During the first six months of 2013, we began integrating certain BrightPoint operations into Ingram Micro, resulting in headcount reductions and facility exit costs. We also continued to move certain transactions-oriented service and support functions in Europe to our European shared services center and exited a portion of one of our Australian offices in Asia-Pacific. Associated with these actions, we incurred reorganization costs primarily related to employee termination benefits and facility exit costs in one of our offices in Australia.

2012 Actions

In 2012, we implemented headcount reductions primarily in Australia and New Zealand to better align our operating expenses with each country’s lower sales volumes. Additionally, we moved certain transactions-oriented service and support functions to shared service centers in Asia-Pacific and Europe. We closed our in-country Argentina operations in Latin America and will service this market through our export operations in Miami. Associated with these actions, we incurred net reorganization costs related to employee termination benefits.

2011 and Prior Actions

In the second half of 2011, we implemented a cost-reduction program related to our Australian operations in Asia-Pacific primarily to align our level of operating expenses with declines in sales volume as a result of the system-implementation complications and loss of market share in that country. We also implemented headcount reductions in certain operations in North America, Europe and Latin America.

In 2009 and earlier, we incurred costs to integrate past acquisitions, as well as launching various other outsourcing and optimization plans, to improve operating efficiencies and better align our level of operating expenses with the decline in sales volumes resulting from the economic downturn in that period.

While these reorganization actions were completed prior to the periods included herein, future cash outlays are required for future lease payments related to exited facilities.

A summary of the reorganization and expense-reduction program costs incurred in the thirteen weeks ended June 29, 2013 as compared to the thirteen weeks ended June 30, 2012 and twenty-six weeks ended June 29, 2013 compared to the twenty-six weeks ended June 30, 2012, are as follows:

	Reorganization Costs
	Headcount Reduction	Employee Termination Benefits		Facility Costs		Total Reorganization Costs		Adjustments to Prior Year Costs			Total Costs
Thirteen weeks ended June 29, 2013
IT Distribution:
North America		$	790	$	—	$	790	$	—		$	790
Europe		232		—		232		(25		)	207
Asia-Pacific		38		—		38		—			38
Latin America		—		—		—		—			—
BrightPoint		1,841		1,760		3,601		—			3,601
Total	98	$	2,901	$	1,760	$	4,661	$	(25	)	$	4,636
Thirteen weeks ended June 30, 2012
IT Distribution:
North America		$	2	$	—	$	2	$	(155	)	$	(153	)
Europe		663		—		663		—			663
Asia-Pacific		102		—		102		20			122
Latin America		207		—		207		—			207
BrightPoint		—		—		—		—			—
Total	24	$	974	$	—	$	974	$	(135	)	$	839

	Reorganization Costs
	Headcount Reduction	Employee Termination Benefits		Facility Costs		Total Reorganization Costs		Adjustments to Prior Year Costs			Total Costs
Twenty-six weeks ended June 29, 2013
IT Distribution:
North America		$	955	$	—	$	955	$	—		$	955
Europe		2,911		—		2,911		(188		)	2,723
Asia-Pacific		59		3,277		3,336		(12		)	3,324
Latin America		—		—		—		—			—
BrightPoint		4,540		1,760		6,300		—			6,300
Total	218	$	8,465	$	5,037	$	13,502	$	(200	)	$	13,302
Twenty-six weeks ended June 30, 2012
IT Distribution:
North America		$	34	$	—	$	34	$	(155	)	$	(121	)
Europe		663		—		663		—			663
Asia-Pacific		538		—		538		(115		)	423
Latin America		431		—		431		—			431
BrightPoint		—		—		—		—			—
Total	103	$	1,666	$	—	$	1,666	$	(270	)	$	1,396

The remaining liabilities and 2013 activities associated with the aforementioned actions are summarized in the table below:

	Reorganization Liability
	Remaining Liability at December 29, 2012		Expenses (Income), Net				Amounts Paid and Charged Against the Liability			Foreign Currency Translation (b)			Remaining Liability at June 29, 2013
2013 Reorganization actions
Employee termination benefits	$	—	$	8,465			$	(4,872	)	$	5		$	3,598
Facility Costs	—		5,037				(2,440		)	(322		)	2,275
Subtotal	—		13,502				(7,312		)	(317		)	5,873		(c)
2012 Reorganization actions
Employee termination benefits	1,826		(200		)	(a)	(604		)	(21		)	1,001		(d)
2011 Reorganization actions
Employee termination benefits	79		—				(79		)	—			—
2009 and prior reorganization actions
Facility Costs	6,214		—				(1,507		)	(219		)	4,488		(e)
	$	8,119	$	13,302			$	(9,502	)	$	(557	)	$	11,362

(a) Adjustments reflected in the table above include a reduction of $188 and $12 to reorganization liabilities recorded in prior years in Europe and Asia-Pacific, respectively, for lower than expected employee termination benefits.

(b) Reflects the net foreign currency impact on the U.S. dollar liability.

(c) We expect the remaining liabilities to be substantially utilized by the end of 2016.

(d) We expect the remaining liabilities to be substantially utilized by the end of 2014.

(e) We expect the remaining liabilities to be fully utilized by the end of 2015.

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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Statement of Partners' Capital [Abstract]
Net income	$ 69,686	$ 61,274	$ 119,445	$ 151,247
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	(46,897)	(80,985)	(65,980)	(31,638)
Net unrealized gain (loss) on foreign currency forward contracts designated as cash flow hedges	(118)	227	304	69
Other comprehensive income (loss), net of tax	(47,015)	(80,758)	(65,676)	(31,569)
Comprehensive income (loss)	$ 22,671	$ (19,484)	$ 53,769	$ 119,678

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CONSOLIDATED BALANCE SHEET (USD $) In Thousands, unless otherwise specified	Jun. 29, 2013	Dec. 29, 2012
Current assets:
Cash and cash equivalents	$ 726,892	$ 595,147
Trade accounts receivable (less allowances of $73,764 and $78,034)	4,388,926	5,457,299
Inventory	3,698,659	3,591,543
Other current assets	506,448	522,390
Total current assets	9,320,925	10,166,379
Property and equipment, net	474,452	481,324
Goodwill	428,401	428,401
Intangible assets, net	344,940	372,482
Other assets	25,114	31,862
Total assets	10,593,832	11,480,448
Current liabilities:
Accounts payable	5,315,754	6,065,159
Accrued expenses	580,772	585,404
Short-term debt and current maturities of long-term debt	84,222	111,268
Total current liabilities	5,980,748	6,761,831
Long-term debt, less current maturities	800,362	943,275
Other liabilities	130,839	164,089
Total liabilities	6,911,949	7,869,195
Commitments and contingencies (Note 12)
Stockholders’ equity:
Preferred Stock, $0.01 par value, 25,000 shares authorized; no shares issued and outstanding
Additional paid-in capital	1,372,715	1,361,650
Treasury stock, 37,694 and 38,029 shares in 2013 and 2012, respectively	(642,291)	(648,066)
Retained earnings	2,870,349	2,750,904
Accumulated other comprehensive income	79,206	144,882
Total stockholders’ equity	3,681,883	3,611,253
Total liabilities and stockholders’ equity	10,593,832	11,480,448
Class A Common Stock
Stockholders’ equity:
Common Stock	1,904	1,883
Class B Common Stock
Stockholders’ equity:
Common Stock

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Income Taxes - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended				6 Months Ended			12 Months Ended	6 Months Ended		12 Months Ended	3 Months Ended
	Jun. 29, 2013	Mar. 30, 2013	Jun. 30, 2012	Mar. 31, 2012	Jun. 29, 2013	Jun. 30, 2012	Dec. 29, 2012	Jan. 01, 2011 2007 [Member]	Jun. 29, 2013 2008 [Member]	Jun. 29, 2013 2009 [Member]	Jan. 01, 2011 2009 [Member]	Mar. 30, 2013 2010 [Member]	Mar. 30, 2013 2011 [Member]
Income Taxes [Line Items]
Effective tax rate	25.60%		26.60%		29.60%	12.10%
Net discrete tax benefit	$ 5,766	$ 1,185	$ 4,378	$ 28,532	$ 6,951	$ 32,910
Net discrete tax benefit percentage points of effective tax rate	6.20%		5.30%		4.10%	19.10%
U.S. federal statutory rate					35.00%	35.00%
Gross unrecognized tax benefits	38,677				38,677		38,790
Net increase (decrease) in gross unrecognized tax benefits					(113)
Interest and penalties on unrecognized tax benefits	$ 7,988				$ 7,988		$ 7,889
Open tax year								2007	2008	2009	2009	2010	2011

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Segment Information (Tables)

6 Months Ended

Jun. 29, 2013

Segment Reporting [Abstract]

Financial Information by Reporting Segments

Financial information by reporting segment is as follows:

	Thirteen Weeks Ended						Twenty-six Weeks Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
Net sales
IT Distribution:
North America	$	4,039,064		$	3,837,244		$	7,906,883		$	7,444,191
Europe	2,430,372			2,460,141			5,099,366			5,107,197
Asia-Pacific	2,130,658			2,038,112			4,325,166			3,987,864
Latin America	459,828			442,398			921,786			874,024
BrightPoint	1,248,093			—			2,317,258			—
Total	$	10,308,015		$	8,777,895		$	20,570,459		$	17,413,276
Income from operations
IT Distribution:
North America	$	65,885		$	68,729		$	121,460		$	138,377
Europe	12,713			14,913			26,657			36,914
Asia-Pacific	19,061			14,835			32,896			29,255
Latin America	9,527			4,437			15,078			11,865
BrightPoint	13,151			—			22,458			—
Stock-based compensation expense	(6,541		)	(5,129		)	(13,957		)	(14,575		)
Total	$	113,796		$	97,785		$	204,592		$	201,836
Capital expenditures
IT Distribution:
North America	$	19,483		$	16,760		$	30,509		$	32,058
Europe	1,241			1,057			2,047			1,815
Asia-Pacific	1,263			2,615			2,389			11,171
Latin America	546			313			862			461
BrightPoint	1,493			—			3,650			—
Total	$	24,026		$	20,745		$	39,457		$	45,505
Depreciation
IT Distribution:
North America	$	8,708		$	6,351		$	15,827		$	13,377
Europe	2,512			2,530			5,048			5,121
Asia-Pacific	1,922			1,921			3,767			3,475
Latin America	341			305			670			628
BrightPoint	7,086			—			13,484			—
Total	$	20,569		$	11,107		$	38,796		$	22,601

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Amortization of intangible assets
IT Distribution:
North America	$	1,786	$	1,667	$	3,571	$	3,357
Europe	493		544		991		1,094
Asia-Pacific	209		268		421		728
Latin America	220		227		442		452
BrightPoint	9,289		—		18,337		—
Total	$	11,997	$	2,706	$	23,762	$	5,631

The integration, transition and other costs included in income from operations by reporting segment is as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Integration, transition and other costs (a)
IT Distribution:
North America	$	572	$	4,045	$	2,881	$	6,545
Europe	155		—		231		—
Asia-Pacific	310		43		319		43
Latin America	—		1,923		—		1,923
BrightPoint	4,893		—		7,077		—
Total	$	5,930	$	6,011	$	10,508	$	8,511

(a) Costs are primarily for legal, consulting and other costs associated with the integration of BrightPoint, acquisitions-related costs and other transition costs incurred for certain executives, charged to SG&A expenses. For the thirteen and twenty-six weeks ended June 30, 2012, it also included an asset impairment associated with our closure of in-country Argentina operations in Latin America, charged to SG&A expenses.

For a segment breakdown of reorganization costs, refer to Note 8.

	As of
	June 29, 2013		December 29, 2012
Identifiable assets
IT Distribution:
North America	$	3,695,019	$	4,103,657
Europe	2,387,341		2,883,678
Asia-Pacific	1,862,175		1,880,431
Latin America	518,346		652,552
BrightPoint	2,130,951		1,960,130
Total	$	10,593,832	$	11,480,448
Long-lived assets
IT Distribution:
North America	$	339,072	$	329,175
Europe	44,676		50,498
Asia-Pacific	40,315		45,898
Latin America	9,502		9,415
BrightPoint	385,827		418,820
Total	$	819,392	$	853,806

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

Net sales and long-lived assets for the United States, which is our country of domicile, are as follows:

	Thirteen Weeks Ended
	June 29, 2013				June 30, 2012
Net sales:
United States	$	3,872,694	38	%	$	3,504,273	40		%
Outside of the United States	6,435,321		62	%	5,273,622		60		%
Total	$	10,308,015	100	%	$	8,777,895	100		%
	Twenty-six Weeks Ended
	June 29, 2013				June 30, 2012
Net sales:
United States	$	7,530,134	37	%	$	6,642,722	38		%
Outside of the United States	13,040,325		63	%	10,770,554		62		%
Total	$	20,570,459	100	%	$	17,413,276	100		%
					As of
					June 29, 2013		December 29, 2012
Long-lived assets:
United States					$	593,753	$	595,949
Outside of the United States					225,639		257,857
Total					$	819,392	$	853,806

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Earnings Per Share (Tables)

6 Months Ended

Jun. 29, 2013

Earnings Per Share [Abstract]

Computation of Basic EPS and Diluted EPS

The computation of Basic EPS and Diluted EPS is as follows:

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 29, 2013		June 30, 2012		June 29, 2013		June 30, 2012
Net income	$	69,686	$	61,274	$	119,445	$	151,247
Weighted average shares	152,511		151,428		151,799		151,110
Basic EPS	$	0.46	$	0.40	$	0.79	$	1.00
Weighted average shares, including the dilutive effect of stock-based awards (2,353 and 2,592 for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 2,940 and 3,325 for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively)	154,864		154,020		154,739		154,435
Diluted EPS	$	0.45	$	0.40	$	0.77	$	0.98

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Acquisitions, Goodwill and Intangible Assets - Schedule of Pro-Forma Operating Results (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2012
Business Combinations [Abstract]
Net sales	$ 10,044,214	$ 20,049,682
Net income	$ 60,980	$ 151,826
Earnings per share
Basic (in dollars per share)	$ 0.40	$ 1.00
Diluted (in dollars per share)	$ 0.40	$ 0.98

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Segment Information - Schedule of Revenue and Long-lived Assets by Geographic Location (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012	Dec. 29, 2012
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 10,308,015	$ 8,777,895	$ 20,570,459	$ 17,413,276
Nets sales, percentage	100.00%	100.00%	100.00%	100.00%
Long-lived assets	819,392		819,392		853,806
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	3,872,694	3,504,273	7,530,134	6,642,722
Nets sales, percentage	38.00%	40.00%	37.00%	38.00%
Long-lived assets	593,753		593,753		595,949
Outside of the United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	6,435,321	5,273,622	13,040,325	10,770,554
Nets sales, percentage	62.00%	60.00%	63.00%	62.00%
Long-lived assets	$ 225,639		$ 225,639		$ 257,857

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Fair Value Measurements - Assets and Liabilities Measured on a Recurring Basis (Detail) (Fair value, measurements, recurring [Member], USD $) In Thousands, unless otherwise specified	Jun. 29, 2013		Dec. 29, 2012
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	$ 106,896		$ 189,381
Marketable trading securities (a)	49,344	[1]	46,938	[1]
Derivative assets	20,776		2,897
Total assets at fair value	177,016		239,216
Liabilities:
Derivative liabilities	1,484		3,776
Total liabilities at fair value	1,484		3,776
Level 1 [Member]
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	106,896		189,381
Marketable trading securities (a)	49,344	[1]	46,938	[1]
Total assets at fair value	156,240		236,319
Level 2 [Member]
Assets:
Derivative assets	20,776		2,897
Total assets at fair value	20,776		2,897
Liabilities:
Derivative liabilities	1,484		3,776
Total liabilities at fair value	$ 1,484		$ 3,776

[1] Included in other current assets in our consolidated balance sheet.

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Earnings Per Share - Additional Information (Detail) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Earnings Per Share [Abstract]
Stock-based awards excluded from the computation of Diluted Earnings Per Share	3,251	2,677	3,184	2,161

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Stock-Based Compensation - Additional Information (Detail) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				6 Months Ended				3 Months Ended
	Jun. 29, 2013		Jun. 30, 2012		Jun. 29, 2013		Jun. 30, 2012		Jun. 29, 2013 2011 Incentive Plan [Member]	Jun. 09, 2011 Stock Options and Stock Appreciation Rights [Member] 2011 Incentive Plan [Member]	Jun. 08, 2013 Other Award Types [Member] 2011 Incentive Plan [Member]	Jun. 09, 2011 Other Award Types [Member] 2011 Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional authorized number of shares									12,000,000
Authorized share limit ratio										1	2.29	2.37
Stock options granted (a)	0	[1]	0	[1]	52,000	[1]	51,000	[1]
Restricted stock and restricted stock units granted (a)	2,674,000	[1]	2,495,000	[1]	3,636,000	[1]	2,631,000	[1]
Stock-based compensation expense	$ 6,541		$ 5,129		$ 13,957		$ 14,575
Related income tax benefit	$ 1,884		$ 1,330		$ 4,094		$ 4,342
Exercised stock options	293,000		588,000		1,048,000		1,934,000
Vested restricted stock and/or restricted stock units (b)	181,000	[2]	358,000	[2]	2,059,000	[2]	2,103,000	[2]
Approximate number of shares available for grant under the 2011 Incentive Plan	16,055,000				16,055,000
Restricted stock issued based on performance-based grants	0		343,000		1,535,000		1,495,000

[1] As of June 29, 2013, approximately 16,055 shares were available for grant under the 2011 Amended Plan, taking into account granted options, time-vested restricted stock units/awards and performance-vested restricted stock units assuming maximum achievement.

[2] Includes 0 and 343 shares, for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 1,535 and 1,495 shares, for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, which were issued based on performance-based grants previously approved by the Human Resources Committee of the Board of Directors.

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Acquisitions, Goodwill and Intangible Assets

6 Months Ended

Jun. 29, 2013

Business Combinations [Abstract]

Acquisitions, Goodwill and Intangible Assets

Acquisitions, Goodwill and Intangible Assets

On October 15, 2012, we completed the acquisition of BrightPoint, a U.S. publicly traded company and a global leader in providing device lifecycle services to the wireless industry, for cash and the assumption of its debt. The results of operations of BrightPoint are included in our consolidated financial statements from the date of the merger. The consideration paid was $868,192, net of cash acquired, primarily comprised of $9.00 cash per share of BrightPoint’s outstanding common stock (including common stock underlying restricted stock units and shares issued pursuant to restricted stock awards accelerated upon closing of the transaction) and payment of BrightPoint’s outstanding debt of $260,257 as of October 15, 2012.

The following table summarizes the preliminary allocation of the purchase price to the estimated fair values of the assets acquired and liabilities assumed on the closing date of October 15, 2012:

Tangible assets (includes trade accounts receivable, inventory, property and equipment and other assets)	$	1,156,075
Goodwill	418,895
Identifiable intangible assets	309,000
Liabilities (includes accounts payable, accrued expenses and other liabilities)	(1,015,778		)
	$	868,192

We expect to realize operational benefits by leveraging existing channel relationships and utilizing the assembled workforce. We also expect the combined entity to achieve significant savings in corporate and operational overhead costs. We anticipate opportunities for growth through our entry into the global wireless industry, expansion of our geographic reach and customer segment diversity, and the ability to leverage additional products and capabilities. These factors, among others, contributed to a purchase price in excess of the estimated fair value of BrightPoint’s net identifiable assets acquired, and, as a result, we have recorded goodwill in connection with this transaction.

The components of identifiable intangible assets acquired in connection with the BrightPoint acquisition were as follows:

	Fair Value		Estimated Useful Life
Logistics customer relationships	$	237,000	10 years
Distribution customer relationships	59,000		7 years
Trade name	13,000		3 years
Total identifiable intangible assets	$	309,000

The following represents pro-forma operating results for the thirteen and twenty-six weeks ended June 30, 2012 as if BrightPoint had been included in our consolidated statements of operations as of the first date of fiscal year 2012 and includes business combination accounting effects from our acquisition including amortization of acquired intangible assets and increase in interest expense associated with the issuance of our senior unsecured notes due in 2022 and additional borrowings from our revolving senior unsecured credit facility debt to fund the acquisition.

	Thirteen Weeks Ended June 30, 2012		Twenty-six Weeks Ended June 30, 2012
Net sales	$	10,044,214	$	20,049,682
Net income	$	60,980	$	151,826
Earnings per share
Basic	$	0.40	$	1.00
Diluted	$	0.40	$	0.98

The above unaudited pro-forma results have been prepared for informational purposes only and do not purport to represent what the results of operations would have been had the acquisition occurred as of those dates, nor of future results of operations.

In the first six months of 2013 and 2012, we paid one of the annual earn-out payments related to a prior period acquisition totaling $325 and $338, respectively, which was previously accrued at the time of the acquisition.

There were no changes in the carrying amount of goodwill for the first six months of 2013.

Finite-lived identifiable intangible assets are amortized over their remaining useful lives ranging up to 20 years. The gross and net carrying amounts of finite-lived identifiable intangible assets are as follows:

	June 29, 2013		December 29, 2012
Gross carrying amount of finite-lived intangible assets	$	440,797	$	445,385
Net carrying amount of finite-lived intangible assets	$	344,940	$	372,482

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Organization and Basis of Presentation - Additional Information (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012	Dec. 29, 2012
Accounting Policies [Abstract]
Book overdrafts	$ 399,655		$ 399,655		$ 415,207
Trade accounts receivable sold to and held by financial institutions under uncommitted factoring programs	198,209		198,209		242,626
Factoring fees	$ 630	$ 658	$ 1,162	$ 1,962

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Acquisitions, Goodwill and Intangible Assets - Purchase Price Allocation to Estimated Fair Values of Assets Acquired and Liabilities Assumed (Detail) (BrightPoint [Member], USD $) In Thousands, unless otherwise specified	Oct. 15, 2012
BrightPoint [Member]
Schedule Of Business Acquisitions Purchase Price Allocation [Line Items]
Tangible assets (includes trade accounts receivable, inventory, property and equipment and other assets)	$ 1,156,075
Goodwill	418,895
Identifiable intangible assets	309,000
Liabilities (includes accounts payable, accrued expenses and other liabilities)	(1,015,778)
Fair value of assets acquired and liabilities assumed	$ 868,192

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Income Taxes

6 Months Ended

Jun. 29, 2013

Income Tax Disclosure [Abstract]

Income Taxes

Income Taxes

Our effective tax rate for the thirteen weeks ended June 29, 2013 was 25.6% compared to 26.6% for the thirteen weeks ended June 30, 2012. For the twenty-six weeks ended June 29, 2013 and June 30, 2012, our effective tax rate was 29.6% and 12.1%, respectively. Under U.S. accounting rules for income taxes, quarterly effective tax rates may vary significantly depending on the actual operating results in the various tax jurisdictions, as well as changes in the valuation allowance related to the expected recovery of deferred tax assets.

The thirteen weeks ended June 29, 2013 included net discrete benefits of approximately $5,766, or 6.2 percentage points of the effective tax rate, while the thirteen weeks ended June 30, 2012 included net discrete benefits of approximately $4,378, or 5.3 percentage points of the effective tax rate, which primarily reflects the release of an unrecognized tax benefit due to the expiration of the applicable statute of limitations in Australia, along with other positive adjustments agreed with the U.S. Internal Revenue Service ("IRS"). The $5,766 net discrete benefits included in the thirteen weeks ended June 29, 2013 is primarily due to a change in estimate of the amount of BrightPoint acquisition costs deductible for tax purposes. A detailed analysis of the acquisition costs incurred by both parties in the deal was completed in the current period, leading to the change in estimate. The remaining year-over-year change in our effective tax rate reflects the change in mix of profit among different tax jurisdictions and losses in certain tax jurisdictions in which we are not able to record a tax benefit.

The twenty-six weeks ended June 29, 2013, included net discrete tax benefits of approximately $6,951, which represents 4.1 percentage points of the effective tax rate, which includes the $5,766 discussed above, as well as $1,185 of net discrete benefits recorded last quarter, primarily due to the release of valuation allowance on U.S. state net operating losses.

The twenty-six weeks ended June 30, 2012 included net discrete tax benefits of approximately $32,910, or 19.1 percentage points of the effective tax rate, which included the net discrete benefits of $4,378 as discussed above, and a benefit of $28,532, which was primarily the result of the write-off of the historical tax basis of the investment we had maintained in one of our Latin American subsidiary holdings companies, realized during the first thirteen weeks of 2012.

Our effective tax rate differed from the U.S. federal statutory rate of 35% during these periods primarily due to the discrete items noted above, as well as the relative mix of earnings or losses within the tax jurisdictions in which we operate, such as: a) earnings in lower-tax jurisdictions for which no U.S. taxes have been provided because such earnings are planned to be reinvested indefinitely outside the United States; and b) changes in the valuation allowance on deferred tax assets.

At June 29, 2013, we had gross unrecognized tax benefits of $38,677 compared to $38,790 at December 29, 2012, representing a net decrease of $113 during the twenty-six weeks ended June 29, 2013. Substantially all of the gross unrecognized tax benefits, if recognized, would impact our effective tax rate in the period of recognition. We recognize interest and penalties related to unrecognized tax benefits in income tax expense. In addition to the gross unrecognized tax benefits identified above, the interest and penalties recorded to date by us totaled $7,988 and $7,889 at June 29, 2013 and December 29, 2012, respectively.

Our future effective tax rate will continue to be affected by changes in the relative mix of taxable income and losses in the tax jurisdictions in which we operate, changes in the valuation of deferred tax assets, or changes in tax laws or interpretations thereof. In addition, our income tax returns are subject to continuous examination by the IRS and other tax authorities. In 2010, the IRS initiated an examination of tax years 2007 to 2009, which was concluded during the second quarter of 2012. As the statute of limitations has been extended to September 30, 2013 for the periods 2008 to 2009, it is possible that the IRS may reopen audits for these periods. During the thirteen weeks ended March 30, 2013, the IRS initiated its examination of tax years 2010 to 2011.

It is possible that within the next twelve months, ongoing tax examinations in the U.S. states and several of our foreign jurisdictions may be resolved, that new tax exams may commence and that other issues may be effectively settled. However, we do not expect our assessment of unrecognized tax benefits to change significantly over that time.

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Fair Value Measurements

6 Months Ended

Jun. 29, 2013

Fair Value Disclosures [Abstract]

Fair Value Measurements

Fair Value Measurements

Our assets and liabilities carried at fair value are classified and disclosed in one of the following three categories: Level 1 – quoted market prices in active markets for identical assets and liabilities; Level 2 – observable market-based inputs or unobservable inputs that are corroborated by market data; and Level 3 – unobservable inputs that are not corroborated by market data.

As of June 29, 2013, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:

	June 29, 2013
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	$	106,896	$	106,896	$	—	$	—
Marketable trading securities (a)	49,344		49,344		—		—
Derivative assets	20,776		—		20,776		—
Total assets at fair value	$	177,016	$	156,240	$	20,776	$	—
Liabilities:
Derivative liabilities	$	1,484	$	—	$	1,484	$	—
Total liabilities at fair value	$	1,484	$	—	$	1,484	$	—

(a) Included in other current assets in our consolidated balance sheet.

As of December 29, 2012, our assets and liabilities measured at fair value on a recurring basis are categorized in the table below:

	December 29, 2012
	Total		Level 1		Level 2		Level 3
Assets:
Cash equivalents, consisting primarily of money market accounts and short-term certificates of deposit	$	189,381	$	189,381	$	—	$	—
Marketable trading securities (a)	46,938		46,938		—		—
Derivative assets	2,897		—		2,897		—
Total assets at fair value	$	239,216	$	236,319	$	2,897	$	—
Liabilities:
Derivative liabilities	$	3,776	$	—	$	3,776	$	—
Total liabilities at fair value	$	3,776	$	—	$	3,776	$	—

(a) Included in other current assets in our consolidated balance sheet.

The fair value of the cash equivalents approximated cost and the gain or loss on the marketable trading securities was recognized in the consolidated statement of income to reflect these investments at fair value.

Our senior unsecured notes due in 2022 and 2017 are stated at amortized cost, and their respective fair values were determined based on Level 2 criteria.

As of June 29, 2013, the fair values and carrying values of these notes are shown in the table below:

	June 29, 2013
	Fair Value
	Total		Level 1		Level 2		Level 3		Carrying Value
Liabilities:
Senior unsecured notes, 5.25% due 2017	$	322,000	$	—	$	322,000	$	—	$	300,000
Senior unsecured notes, 5.00% due 2022	301,000		—		301,000		—		298,365
	$	623,000	$	—	$	623,000	$	—	$	598,365

As of December 29, 2012, the fair values and carrying values of these notes are shown in the table below:

	December 29, 2012
	Fair Value
	Total		Level 1		Level 2		Level 3		Carrying Value
Liabilities:
Senior unsecured notes, 5.25% due 2017	$	326,000	$	—	$	326,000	$	—	$	300,000
Senior unsecured notes, 5.00% due 2022	307,000		$	—	307,000		—		298,275
	$	633,000	$	—	$	633,000	$	—	$	598,275

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Organization and Basis of Presentation

6 Months Ended

Jun. 29, 2013

Accounting Policies [Abstract]

Organization and Basis of Presentation

Organization and Basis of Presentation

Ingram Micro Inc. and its subsidiaries are primarily engaged in the distribution of information technology (“IT”) products, supply chain services and mobile device lifecycle services worldwide. Ingram Micro Inc. and its subsidiaries operate in North America; Europe; Asia-Pacific, Middle East and Africa; and Latin America. In 2012, we added a reporting segment for mobility which reflects our October 2012 acquisition of Brightpoint, Inc. (“BrightPoint”).

The consolidated financial statements include the accounts of Ingram Micro Inc. and its subsidiaries. Unless the context otherwise requires, the use of the terms “Ingram Micro,” “we,” “us” and “our” in these notes to the consolidated financial statements refers to Ingram Micro Inc. and its subsidiaries. These consolidated financial statements have been prepared by us, without audit, pursuant to the rules and regulations of the United States Securities and Exchange Commission (the “SEC”). In the opinion of management, the accompanying unaudited consolidated financial statements contain all material adjustments (consisting of only normal, recurring adjustments) necessary to fairly state our consolidated financial position as of June 29, 2013, our consolidated results of operations and comprehensive income for the thirteen and twenty-six weeks ended June 29, 2013 and June 30, 2012 and our consolidated cash flows for the twenty-six weeks ended June 29, 2013 and June 30, 2012. All significant intercompany accounts and transactions have been eliminated in consolidation. As permitted under the applicable rules and regulations of the SEC, these consolidated financial statements do not include all disclosures and footnotes normally included with annual consolidated financial statements and, accordingly, should be read in conjunction with the consolidated financial statements and the notes thereto, included in our Annual Report on Form 10-K filed with the SEC for the year ended December 29, 2012. The consolidated results of operations for the thirteen and twenty-six weeks ended June 29, 2013 may not be indicative of the consolidated results of operations that can be expected for the full year.

Comprehensive Income (Loss)

Comprehensive income (loss) consisted primarily of our net income, foreign currency translation adjustments and unrealized gains and losses from our foreign currency forward contracts designated as cash flow hedges.

Book Overdrafts

Book overdrafts of $399,655 and $415,207 as of June 29, 2013 and December 29, 2012, respectively, represent checks issued on disbursement bank accounts but not yet paid by such banks. These amounts are classified as accounts payable in our consolidated balance sheet. We typically fund these overdrafts through normal collections of funds or transfers from other bank balances at other financial institutions. Under the terms of our facilities with the banks, the respective financial institutions are not legally obligated to honor the book overdraft balances as of June 29, 2013 and December 29, 2012, or any balance on any given date.

Trade Accounts Receivable Factoring Programs

We have three uncommitted factoring programs, one in North America and two in Europe, under which trade accounts receivable of two large customers may be sold, without recourse, to financial institutions. Available capacity under these programs is dependent on the amount of trade accounts receivable already sold to and held by the financial institutions, the level of our trade accounts receivable eligible to be sold into these programs and the financial institutions’ willingness to purchase such receivables. At June 29, 2013 and December 29, 2012, we had a total of $198,209 and $242,626, respectively, of trade accounts receivable sold to and held by financial institutions under these programs. Factoring fees of $630 and $658 incurred for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and $1,162 and $1,962 for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, related to the sale of trade accounts receivable under these facilities are included in “other” in the other expense (income) section of our consolidated statement of income.

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Segment Information - Financial Information by Reporting Segments (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012	Dec. 29, 2012
Segment Reporting Information [Line Items]
Net sales	$ 10,308,015	$ 8,777,895	$ 20,570,459	$ 17,413,276
Stock-based compensation expense	(6,541)	(5,129)	(13,957)	(14,575)
Income from operations	113,796	97,785	204,592	201,836
Capital expenditures	24,026	20,745	39,457	45,505
Depreciation	20,569	11,107	38,796	22,601
Amortization of intangible assets	11,997	2,706	23,762	5,631
Identifiable assets	10,593,832		10,593,832		11,480,448
Long-lived assets	819,392		819,392		853,806
North America [Member]
Segment Reporting Information [Line Items]
Net sales	4,039,064	3,837,244	7,906,883	7,444,191
Income from operations	65,885	68,729	121,460	138,377
Capital expenditures	19,483	16,760	30,509	32,058
Depreciation	8,708	6,351	15,827	13,377
Amortization of intangible assets	1,786	1,667	3,571	3,357
Identifiable assets	3,695,019		3,695,019		4,103,657
Long-lived assets	339,072		339,072		329,175
Europe [Member]
Segment Reporting Information [Line Items]
Net sales	2,430,372	2,460,141	5,099,366	5,107,197
Income from operations	12,713	14,913	26,657	36,914
Capital expenditures	1,241	1,057	2,047	1,815
Depreciation	2,512	2,530	5,048	5,121
Amortization of intangible assets	493	544	991	1,094
Identifiable assets	2,387,341		2,387,341		2,883,678
Long-lived assets	44,676		44,676		50,498
Asia-Pacific [Member]
Segment Reporting Information [Line Items]
Net sales	2,130,658	2,038,112	4,325,166	3,987,864
Income from operations	19,061	14,835	32,896	29,255
Capital expenditures	1,263	2,615	2,389	11,171
Depreciation	1,922	1,921	3,767	3,475
Amortization of intangible assets	209	268	421	728
Identifiable assets	1,862,175		1,862,175		1,880,431
Long-lived assets	40,315		40,315		45,898
Latin America [Member]
Segment Reporting Information [Line Items]
Net sales	459,828	442,398	921,786	874,024
Income from operations	9,527	4,437	15,078	11,865
Capital expenditures	546	313	862	461
Depreciation	341	305	670	628
Amortization of intangible assets	220	227	442	452
Identifiable assets	518,346		518,346		652,552
Long-lived assets	9,502		9,502		9,415
BrightPoint [Member]
Segment Reporting Information [Line Items]
Net sales	1,248,093	0	2,317,258	0
Income from operations	13,151	0	22,458	0
Capital expenditures	1,493	0	3,650	0
Depreciation	7,086	0	13,484	0
Amortization of intangible assets	9,289	0	18,337	0
Identifiable assets	2,130,951		2,130,951		1,960,130
Long-lived assets	$ 385,827		$ 385,827		$ 418,820

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Reorganization and Expense-Reduction Program Costs - Restructuring Reserve (Detail) (USD $)	3 Months Ended			6 Months Ended
	Jun. 29, 2013		Jun. 30, 2012	Jun. 29, 2013		Jun. 30, 2012
Restructuring Reserve [Roll Forward]
Expenses (Income), Net	$ 4,636,000		$ 839,000	$ 13,302,000		$ 1,396,000
2013 Actions [Member]
Restructuring Reserve [Roll Forward]
Remaining Liability at December 29, 2012				0
Expenses (Income), Net				13,502,000
Amounts Paid and Charged Against the Liability				(7,312,000)
Foreign Currency Translation (b)				(317,000)	[1]
Remaining Liability at June 29, 2013	5,873,000	[2]		5,873,000	[2]
2013 Actions [Member] | Employee termination benefits [Member]
Restructuring Reserve [Roll Forward]
Remaining Liability at December 29, 2012				0
Expenses (Income), Net				8,465,000
Amounts Paid and Charged Against the Liability				(4,872,000)
Foreign Currency Translation (b)				5,000	[1]
Remaining Liability at June 29, 2013	3,598,000			3,598,000
2013 Actions [Member] | Facility Costs [Member]
Restructuring Reserve [Roll Forward]
Remaining Liability at December 29, 2012				0
Expenses (Income), Net				5,037,000
Amounts Paid and Charged Against the Liability				(2,440,000)
Foreign Currency Translation (b)				(322,000)	[1]
Remaining Liability at June 29, 2013	2,275,000			2,275,000
2012 Actions [Member] | Employee termination benefits [Member]
Restructuring Reserve [Roll Forward]
Remaining Liability at December 29, 2012				1,826,000
Expenses (Income), Net				(200,000)	[3]
Amounts Paid and Charged Against the Liability				(604,000)
Foreign Currency Translation (b)				(21,000)	[1]
Remaining Liability at June 29, 2013	1,001,000	[4]		1,001,000	[4]
2011 Actions [Member] | Employee termination benefits [Member]
Restructuring Reserve [Roll Forward]
Remaining Liability at December 29, 2012				79,000
Expenses (Income), Net				0
Amounts Paid and Charged Against the Liability				(79,000)
Foreign Currency Translation (b)				0	[1]
Remaining Liability at June 29, 2013	0			0
2009 Actions [Member]
Restructuring Reserve [Roll Forward]
Remaining Liability at December 29, 2012				8,119,000
Expenses (Income), Net				13,302,000
Amounts Paid and Charged Against the Liability				(9,502,000)
Foreign Currency Translation (b)				(557,000)	[1]
Remaining Liability at June 29, 2013	11,362,000			11,362,000
2009 Actions [Member] | Facility Costs [Member]
Restructuring Reserve [Roll Forward]
Remaining Liability at December 29, 2012				6,214,000
Expenses (Income), Net				0
Amounts Paid and Charged Against the Liability				(1,507,000)
Foreign Currency Translation (b)				(219,000)	[1]
Remaining Liability at June 29, 2013	4,488,000	[5]		4,488,000	[5]
Europe [Member]
Restructuring Reserve [Roll Forward]
Expenses (Income), Net	207,000		663,000	2,723,000		663,000
Europe [Member] | 2012 Actions [Member] | Employee termination benefits [Member]
Restructuring Reserve [Roll Forward]
Expenses (Income), Net				188,000
Asia-Pacific [Member]
Restructuring Reserve [Roll Forward]
Expenses (Income), Net	38,000		122,000	3,324,000		423,000
Asia-Pacific [Member] | 2012 Actions [Member] | Employee termination benefits [Member]
Restructuring Reserve [Roll Forward]
Expenses (Income), Net				$ 12,000

[1] Reflects the net foreign currency impact on the U.S. dollar liability.

[2] We expect the remaining liabilities to be substantially utilized by the end of 2016.

[3] Adjustments reflected in the table above include a reduction of $188 and $12 to reorganization liabilities recorded in prior years in Europe and Asia-Pacific, respectively, for lower than expected employee termination benefits.

[4] We expect the remaining liabilities to be substantially utilized by the end of 2014.

[5] We expect the remaining liabilities to be fully utilized by the end of 2015.

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Earnings Per Share - Computation of Basic EPS and Diluted EPS (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 29, 2013	Jun. 30, 2012	Jun. 29, 2013	Jun. 30, 2012
Earnings Per Share [Abstract]
Net income	$ 69,686	$ 61,274	$ 119,445	$ 151,247
Weighted average shares	152,511	151,428	151,799	151,110
Basic EPS (in dollars per share)	$ 0.46	$ 0.40	$ 0.79	$ 1.00
Weighted average shares, including the dilutive effect of stock-based awards (2,353 and 2,592 for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and 2,940 and 3,325 for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively)	154,864	154,020	154,739	154,435
Diluted EPS (in dollars per share)	$ 0.45	$ 0.40	$ 0.77	$ 0.98

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New Accounting Standards

6 Months Ended

Jun. 29, 2013

Accounting Changes and Error Corrections [Abstract]

New Accounting Standards

New Accounting Standards

In December 2011, the Financial Accounting Standards Board issued a new accounting standard related to enhanced disclosures on offsetting (netting) of assets and liabilities in the financial statements. This standard requires improved information about financial instruments and derivative instruments that are either allowed to be offset in accordance with another accounting standard or subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with another accounting standard. Under this standard, financial statements should disclose the gross amounts of those recognized assets and liabilities and the amounts offset, whether permitted by another accounting standard or subject to master netting arrangement, to determine the net amounts presented in the statement of financial position. This standard was effective for us beginning December 30, 2012 and did not have a material impact on our consolidated financial position.

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Debt

6 Months Ended

Jun. 29, 2013

Debt Disclosure [Abstract]

Debt

Debt

The carrying value of our outstanding debt consists of the following:

	June 29, 2013			December 29, 2012
Senior unsecured notes, 5.25% due 2017	$	300,000		$	300,000
Senior unsecured notes, 5.00% due 2022, net of unamortized discount of $1,635 and $1,725, respectively	298,365			298,275
North America revolving trade accounts receivable-backed financing program	201,997			345,000
Lines of credit and other debt	84,222			111,268
	884,584			1,054,543
Short-term debt and current maturities of long-term debt	(84,222		)	(111,268		)
	$	800,362		$	943,275

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Share Repurchase Program (Tables)

6 Months Ended

Jun. 29, 2013

Equity [Abstract]

Stock Issuance Activity

Our stock issuance activity for the twenty-six weeks ended June 29, 2013 is summarized in the table below:

	Shares		Weighted Average Price Per Share		Amount
Cumulative balance at December 29, 2012	38,029		$	17.04	$	648,066
Issuance of Class A Common Stock	(335	)	17.24		(5,775		)
Cumulative balance at June 29, 2013	37,694		17.04		$	642,291

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Subsequent Event

6 Months Ended

Jun. 29, 2013

Subsequent Events [Abstract]

Subsequent Event

Subsequent Event

We have been a claimant in a class action proceeding seeking damages from certain manufacturers of LCD flat panel displays.  On July 12, 2013, the federal district judge overseeing the proceeding issued an order approving a plan of distribution to the class claimants.  The distribution entitles us to an award of $29 million, net of all attorney fees and expenses, which is expected to be received and recognized in the third quarter of 2013.  The court has deferred distribution of a portion of the settlement fund.  Accordingly, we may receive up to an additional $7 million from the remaining escrowed settlement fund in the future depending on the extent to which subsequent, approved claims are made on the fund.

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Document and Entity Information	6 Months Ended
	Jun. 29, 2013
Document Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 29, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Trading Symbol	IM
Entity Registrant Name	INGRAM MICRO INC
Entity Central Index Key	0001018003
Current Fiscal Year End Date	--12-28
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	152,754,822

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Organization and Basis of Presentation (Policies)

6 Months Ended

Jun. 29, 2013

Accounting Policies [Abstract]

Comprehensive Income (Loss)

Comprehensive Income (Loss)

Comprehensive income (loss) consisted primarily of our net income, foreign currency translation adjustments and unrealized gains and losses from our foreign currency forward contracts designated as cash flow hedges.

Book Overdrafts

Book Overdrafts

Book overdrafts of $399,655 and $415,207 as of June 29, 2013 and December 29, 2012, respectively, represent checks issued on disbursement bank accounts but not yet paid by such banks. These amounts are classified as accounts payable in our consolidated balance sheet. We typically fund these overdrafts through normal collections of funds or transfers from other bank balances at other financial institutions. Under the terms of our facilities with the banks, the respective financial institutions are not legally obligated to honor the book overdraft balances as of June 29, 2013 and December 29, 2012, or any balance on any given date.

Trade Accounts Receivable Factoring Programs

Trade Accounts Receivable Factoring Programs

We have three uncommitted factoring programs, one in North America and two in Europe, under which trade accounts receivable of two large customers may be sold, without recourse, to financial institutions. Available capacity under these programs is dependent on the amount of trade accounts receivable already sold to and held by the financial institutions, the level of our trade accounts receivable eligible to be sold into these programs and the financial institutions’ willingness to purchase such receivables. At June 29, 2013 and December 29, 2012, we had a total of $198,209 and $242,626, respectively, of trade accounts receivable sold to and held by financial institutions under these programs. Factoring fees of $630 and $658 incurred for the thirteen weeks ended June 29, 2013 and June 30, 2012, respectively, and $1,162 and $1,962 for the twenty-six weeks ended June 29, 2013 and June 30, 2012, respectively, related to the sale of trade accounts receivable under these facilities are included in “other” in the other expense (income) section of our consolidated statement of income.

New Accounting Standards

In December 2011, the Financial Accounting Standards Board issued a new accounting standard related to enhanced disclosures on offsetting (netting) of assets and liabilities in the financial statements. This standard requires improved information about financial instruments and derivative instruments that are either allowed to be offset in accordance with another accounting standard or subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are offset in accordance with another accounting standard. Under this standard, financial statements should disclose the gross amounts of those recognized assets and liabilities and the amounts offset, whether permitted by another accounting standard or subject to master netting arrangement, to determine the net amounts presented in the statement of financial position. This standard was effective for us beginning December 30, 2012 and did not have a material impact on our consolidated financial position.