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Segment Reporting
6 Months Ended
Jul. 01, 2012
Segment Reporting

Note 11. Segment Reporting

Our chief operating decision maker is our Chief Executive Officer. Based on the evaluation of our financial information our reportable segments are comprised 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 products and systems integration. The Voice solutions segment is comprised of voice data, collection terminals and professional services related to these products. Our statements of operations separately disclose revenues and costs related to our products and services on a consolidated basis.

Our chief operating decision maker evaluates revenue performance of product lines, both domestically and internationally. However, operating, strategic and resource allocation decisions are based primarily on the overall performance of our operating segments. 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 at July 1, 2012 and December 31, 2011 were $566.6 and $869.3 million, respectively.

The following table sets forth our revenues and gross profit by reportable segment (in thousands):

 

     Three Months Ended      Six Months Ended  
     July 1, 2012      July 3, 2011      July 1, 2012      July 3, 2011  

Revenues:

           

Intermec-branded products

   $ 135,618       $ 153,329       $ 252,951       $ 287,183   

Intermec-branded services

     34,747         37,301         69,696         72,162   

Voice solutions

     30,586         30,452         57,982         40,255   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 200,951       $ 221,082         380,629       $ 399,600   
  

 

 

    

 

 

    

 

 

    

 

 

 

Gross profit:

           

Intermec-branded products

   $ 47,348       $ 60,998       $ 84,162       $ 112,467   

Intermec-branded services

     14,237         13,234         28,017         25,814   

Voice solutions

     17,612         17,084         32,943         21,328   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 79,197       $ 91,316       $ 145,122       $ 159,609   
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table sets forth our revenues by product lines (in thousands):

 

     Three Months Ended      Six Months Ended  
     July 1, 2012      July 3, 2011      July 1, 2012      July 3, 2011  

Revenues:

           

Intermec branded:

           

Systems and solutions

   $ 96,924       $ 108,664       $ 178,730       $ 199,045   

Printer and media

     38,694         44,665         74,221         88,138   

Service

     34,747         37,301         69,696         72,162   

Voice solutions

     30,586         30,452         57,982         40,255   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ 200,951       $ 221,082       $ 380,629       $ 399,600