Segment Information

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

In the fourth quarter of 2013, the Company began managing its business on a regional geographic basis, changing from the previous model, which was a more condensed geographic basis. In order to align the Company's external reporting of its financial results with this change, the Company has modified its segment reporting. The Company now reports the following five segments: NA, AP, EMEA, LA and Brazil. The Company’s chief operating decision maker regularly assesses information relating to these segments to make decisions, including the allocation of resources. Management evaluates the performance of the segments based on revenue and operating profit. Prior years have been restated to reflect the new segment presentation.

The five geographic segments sell and service financial self-service and security systems around the globe, as well as election and lottery solutions in Brazil, through wholly-owned subsidiaries, majority-owned joint ventures and independent distributors in most major countries. Each segment buys the goods it sells from the Company’s manufacturing plants or through external suppliers. Each year, intercompany pricing is agreed upon which drives operating profit contribution.

The following table represents information regarding the Company’s revenue by geographic area and by service and product solution for the years ended December 31:

	2013			2012			2011
Total customer revenues
Domestic vs. international
Domestic	$	1,364,105		$	1,533,674		$	1,341,167
Percentage of total revenue	47.7		%	51.3		%	47.3		%
International	1,493,386			1,458,019			1,494,681
Percentage of total revenue	52.3		%	48.7		%	52.7		%
Total customer revenues	$	2,857,491		$	2,991,693		$	2,835,848
Revenue summary by service and product solution
Financial self-service:
Services	$	1,188,937		$	1,199,325		$	1,140,872
Products	1,028,031			1,112,576			996,673
Total financial self-service	2,216,968			2,311,901			2,137,545
Security:
Services	448,123			427,007			411,474
Products	170,766			196,630			194,028
Total security	618,889			623,637			605,502
Total financial self-service & security	2,835,857			2,935,538			2,743,047
Election and lottery systems	21,634			56,155			92,801
Total customer revenues	$	2,857,491		$	2,991,693		$	2,835,848

The Company had no customers that accounted for more than 10 percent of total net sales in 2013, 2012 and 2011.

Certain information not routinely used in the management of the segments, information not allocated back to the segments or information that is impractical to report is not shown. The following table represents information regarding the Company’s segment information and provides a reconciliation between segment operating profit and the consolidated financial statements for the years ended December 31:

	2013			2012			2011
Revenue summary by segment
NA	$	1,415,050		$	1,590,532		$	1,405,018
AP	479,129			427,542			422,491
EMEA	362,167			325,489			345,534
LA	241,770			258,079			222,568
Brazil	359,375			390,051			440,237
Total customer revenues	$	2,857,491		$	2,991,693		$	2,835,848
Intersegment revenues
NA	$	76,306		$	57,240		$	73,399
AP	99,268			113,116			78,791
EMEA	46,011			43,204			60,419
Total intersegment revenues	$	221,585		$	213,560		$	212,609
Segment operating profit
NA	$	252,737		$	294,996		$	276,546
AP	62,760			62,414			74,790
EMEA	44,507			28,659			15,978
LA	35,218			44,472			40,425
Brazil	6,321			3,304			36,119
Total segment operating profit	$	401,543		$	433,845		$	443,858
Corporate charges not allocated to segments (1)	(262,840		)	(259,259		)	(251,346		)
Asset impairment charges	(72,017		)	(15,783		)	(2,962		)
Restructuring charges	(57,015		)	(15,241		)	(26,182		)
Net non-routine expenses	(127,931		)	(42,133		)	(16,479		)
	(519,803		)	(332,416		)	(296,969		)
Operating (loss) profit	$	(118,260	)	$	101,429		$	146,889