Segment Information

12 Months Ended

Dec. 31, 2014

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company considers its operating structure and the information subject to regular review by its President and Chief Executive Officer, who is the Chief Operating Decision Maker (CODM), to identify reportable operating segments. The CODM makes decisions, allocates resources and assesses performance by the following regions, which are also the Company’s four reportable operating segments: NA, AP, EMEA, and LA. The four geographic segments sell and service FSS and security systems around the globe, as well as elections, lottery and information technology solutions in Brazil other, through wholly-owned subsidiaries, majority-owned joint ventures and independent distributors in most major countries. In January 2015, the Company announced the realignment of its Brazil and LA businesses to drive greater efficiency and further improve customer service. The Company reported results from its LA and Brazil operations under one single reportable operating segment and reclassified comparative periods for consistency. The presentation of comparative periods also reflects the reclassification of certain global expenses from segment operating profit to corporate charges not allocated to segments due to the 2015 realignment activities.

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. Segment operating profit is defined as revenues less expenses identifiable to the those segments. Segment operating income reconciles to consolidated income (loss) from continuing operations before income taxes by deducting corporate costs and other income or expense items that are not attributed to the segments. Further details regarding the Company's net non-routine income (expense) appear in note 18. Total assets are not allocated to segments and are not included in the assessment of segment performance and therefore are excluded from the segment information disclosed below.

The following tables represent information regarding the Company’s segment information and provides a reconciliation between segment operating profit (loss) and the consolidated income (loss) from continuing operations before income taxes for the years ended December 31:

	2014			2013			2012
Revenue summary by segment
NA	$	1,407,707		$	1,415,050		$	1,590,532
AP	500,285			479,129			427,542
EMEA	421,141			362,167			325,489
LA	721,920			601,145			648,130
Total customer revenues	$	3,051,053		$	2,857,491		$	2,991,693
Intersegment revenues
NA	$	68,414		$	76,306		$	57,240
AP	85,395			99,268			113,116
EMEA	56,582			46,011			43,204
LA	556			—			—
Total intersegment revenues	$	210,947		$	221,585		$	213,560
Segment operating profit
NA	$	282,260		$	255,043		$	298,951
AP	66,394			62,760			62,414
EMEA	61,388			44,029			28,433
LA	68,737			41,539			47,776
Total segment operating profit	$	478,779		$	403,371		$	437,574
Corporate charges not allocated to segments (1)	(296,323		)	(264,668		)	(262,988		)
Impairment of assets	(2,123		)	(72,017		)	(15,783		)
Restructuring charges	(11,872		)	(57,015		)	(15,241		)
Net non-routine income (expense)	12,486			(127,931		)	(42,133		)
	(297,832		)	(521,631		)	(336,145		)
Operating profit (loss)	$	180,947		$	(118,260	)	$	101,429
Other income (expense)	(10,358		)	(1,547		)	9,466
Income (loss) from continuing operations before taxes	$	170,589		$	(119,807	)	$	110,895

(1) Corporate charges not allocated to segments include headquarter based costs associated with manufacturing administration, procurement, human resources, compensation and benefits, finance and accounting, global development/engineering, global strategy/mergers and acquisitions, global information technology, tax, treasury and legal.

	2014		2013		2012
Segment depreciation and amortization expense
NA	$	9,276	$	12,240	$	14,591
AP	7,748		7,710		6,520
EMEA	4,042		3,724		5,042
LA	11,994		11,593		11,823
Total segment depreciation and amortization expense	33,060		35,267		37,976
Corporate depreciation and amortization expense	41,012		47,327		40,668
Total depreciation and amortization expense	$	74,072	$	82,594	$	78,644

	2014		2013
Segment property, plant and equipment, at cost
NA	$	128,755	$	137,669
AP	46,876		46,117
EMEA	38,228		40,715
LA	78,730		89,618
Total segment property, plant and equipment, at cost	292,589		314,119
Corporate property plant and equipment, at cost, not allocated to segments	320,305		284,975
Total property, plant and equipment, at cost	$	612,894	$	599,094

The following table presents information regarding the Company’s revenue by service and product solution:

Revenue summary by service and product solution	2014		2013		2012
Financial self-service:
Services	$	1,220,514	$	1,188,937	$	1,199,325
Products	977,340		977,632		1,069,872
Total financial self-service	2,197,854		2,166,569		2,269,197
Security:
Services	417,112		448,123		427,007
Products	210,931		170,766		196,630
Total security	628,043		618,889		623,637
Total financial self-service & security	2,825,897		2,785,458		2,892,834
Brazil other	225,156		72,033		98,859
	$	3,051,053	$	2,857,491	$	2,991,693

The Company had no customers that accounted for more than 10 percent of total net sales in 2014, 2013 and 2012.