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Segment Reporting
12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Segment Reporting

Note 15: Segment Reporting

Based on evaluation of our financial information our reportable segments comprise of Intermec-branded products, Intermec-branded services and Voice solutions. The Intermec-branded product segment generates revenue from the design, development, manufacture, sale and resale of mobile computing products, bar code scanners, wired and wireless bar code printers and label media products, and RFID products and license fees. Our Intermec-branded service segment generates revenue from managed services, customer support, product maintenance and professional services related to the products and systems integration. The Voice solutions segment comprises voice data, collection terminals and professional services related to these products.

Our chief operating decision maker, our Chief Executive Officer of the Company, evaluates revenue performance of product lines, both domestically and internationally. However, operating, strategic and resource allocation decisions are based primarily on the overall performance in each operating segment. The accounting policies of our three reportable segments are the same as those used to prepare our consolidated financial statements. Performance and resource allocation are primarily measured by sales and standard gross profit. All other earnings, costs and expenses are aggregated and reported on a consolidated basis. It is not practicable to segregate total assets by segment. Total assets for the years ended December 31, 2011 and 2010 were $869.3 and $749.3 million, respectively.

The following table sets forth our operations by reportable segment (in thousands):

 

00000000000 00000000000 00000000000
     Year Ended December 31,  
     2011      2010      2009  

Revenues:

        

Intermec-branded products

   $ 598,842       $ 545,258       $ 519,603   

Intermec-branded services

     143,127         133,853         138,602   

Voice Solutions

     106,212         -         -   
  

 

 

    

 

 

    

 

 

 

Total

   $ 848,181       $ 679,111       $ 658,205   
  

 

 

    

 

 

    

 

 

 

Gross profit:

        

Intermec-branded products

   $ 238,177       $ 207,199       $ 188,475   

Intermec-branded services

     47,832         50,393         60,083   

Voice Solutions

     60,728         -         -   
  

 

 

    

 

 

    

 

 

 

Total

   $       346,737       $       257,592       $       248,558   
  

 

 

    

 

 

    

 

 

 

For the years ended December 31, 2011, 2010 and 2009, ScanSource accounted for more than 10% of our consolidated revenues. Total sales to this customer were $187.4, $156.8, and $123.0 million for the years ended December 31, 2011, 2010 and 2009, respectively, and primarily related to Intermec-branded product sales.

The following table sets forth our revenues by product line and service (in thousands):

 

00000000000 00000000000 00000000000
     Year Ended December 31,  
     2011      2010      2009  

Revenues:

        

Intermec branded:

        

Systems and solutions

   $ 423,434       $ 381,618       $ 368,188   

Printer and media

     175,408         163,640         151,415   

Service

     143,127         133,853         138,602   

Voice Solutions

     106,212         -         -   
  

 

 

    

 

 

    

 

 

 

Total

   $     848,181       $     679,111       $     658,205   
  

 

 

    

 

 

    

 

 

 

Revenues by geographic region are determined based on the location of the customer. European revenues and long-lived assets relate primarily to the United Kingdom, Germany and France. No individual country, other than the U.S., exceeds 10% of consolidated revenues. The following table sets forth our revenues by geographic region (in thousands):

 

0000000000 0000000000 0000000000
     Year Ended December 31,  
     2011      2010      2009  

North America

   $ 408,307       $ 344,100       $ 373,199   

Europe, Middle East and Africa

     275,365         212,998         186,816   

LATAM

     102,587         76,205         63,510   

ASIAPAC

     61,922         45,808         34,680   
  

 

 

    

 

 

    

 

 

 

Total

   $       848,181       $       679,111       $       658,205   
  

 

 

    

 

 

    

 

 

 

The following table sets forth our property, plant and equipment, net, by geographic region (in thousands):

 

     Year Ended December 31,  
     2011      2010  

North America

   $ 37,133       $ 31,179   

Europe, Middle East and Africa

     2,104         2,030   

LATAM

     1,192         1,781   

ASIAPAC

     6,657         1,330   
  

 

 

    

 

 

 

Total

   $         47,086       $         36,320