11.

Segment Data

The Company’s reportable segments consist of automotive, industrial, office products, and electrical/electronic materials. Within the reportable segments, certain of the Company’s operating segments are aggregated since they have similar economic characteristics, products and services, type and class of customers, and distribution methods.

The Company’s automotive segment distributes replacement parts (other than body parts) for substantially all makes and models of automobiles, trucks, and other vehicles.

The Company’s industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components, and related parts and supplies.

The Company’s office products segment distributes a wide variety of office products, computer supplies, office furniture, and business electronics.

The Company’s electrical/electronic materials segment distributes a wide variety of electrical/electronic materials, including insulating and conductive materials for use in electronic and electrical apparatus.

Inter-segment sales are not significant. Operating profit for each industry segment is calculated as net sales less operating expenses excluding general corporate expenses, interest expense, equity in income from investees, amortization, and noncontrolling interests. Approximately $115,200,000, $106,000,000 and $68,200,000 of income before income taxes was generated in jurisdictions outside the United States for the years ended December 31, 2012, 2011, and 2010, respectively. Net sales and net long-lived assets by country relate directly to the Company’s operations in the respective country. Corporate assets are principally cash and cash equivalents and headquarters’ facilities and equipment.

For management purposes, net sales by segment exclude the effect of certain discounts, incentives, and freight billed to customers. The line item “other” represents the net effect of the discounts, incentives, and freight billed to customers that are reported as a component of net sales in the Company’s consolidated statements of income and comprehensive income.


	2012			2011			2010			2009			2008
	(In thousands)
Net sales:
Automotive	$	6,320,882		$	6,061,424		$	5,608,101		$	5,225,389		$	5,321,536
Industrial		4,453,574			4,173,574			3,521,863			2,885,782			3,514,661
Office products		1,686,690			1,689,368			1,641,963			1,639,018			1,732,514
Electrical/electronic materials		582,820			557,537			449,770			345,808			465,889
Other		(30,098	)		(23,026	)		(14,108	)		(38,485	)		(19,337	)

Total net sales	$	13,013,868		$	12,458,877		$	11,207,589		$	10,057,512		$	11,015,263

Operating profit:
Automotive	$	540,678		$	467,806		$	421,109		$	387,945		$	385,356
Industrial		352,119			337,628			255,616			162,353			294,652
Office products		134,441			134,124			131,746			126,104			144,127
Electrical/electronic materials		50,910			40,663			30,910			25,254			36,721

Total operating profit		1,078,148			980,221			839,381			701,656			860,856
Interest expense, net		(19,619	)		(24,608	)		(26,598	)		(27,112	)		(29,847	)
Corporate expense		(25,668	)		(56,971	)		(45,451	)		(24,913	)		(55,119	)
Intangible asset amortization		(12,991	)		(6,774	)		(4,737	)		(3,644	)		(2,861	)
Other expense		(938	)		(1,062	)		(812	)		(1,822	)		(4,561	)

Income before income taxes	$	1,018,932		$	890,806		$	761,783		$	644,165		$	768,468

Assets:
Automotive	$	3,411,252		$	3,218,931		$	3,177,644		$	3,148,876		$	3,123,084
Industrial		1,130,877			1,100,024			955,241			865,431			1,025,292
Office products		731,564			700,720			694,166			619,612			638,854
Electrical/electronic materials		137,237			129,933			113,757			76,716			95,655
Corporate		898,292			773,391			637,871			445,705			67,823
Goodwill and other intangible assets		497,839			279,775			209,548			171,532			158,825

Total assets	$	6,807,061		$	6,202,774		$	5,788,227		$	5,327,872		$	5,109,533


	2012			2011			2010			2009			2008
	(In thousands)
Depreciation and amortization:
Automotive	$	60,630		$	60,252		$	63,942		$	65,554		$	65,309
Industrial		8,307			7,495			7,208			7,611			7,632
Office products		10,837			9,999			9,737			9,685			9,825
Electrical/electronic materials		1,733			1,554			1,414			1,666			1,572
Corporate		3,885			2,862			2,294			2,251			1,499
Intangible asset amortization		12,991			6,774			4,737			3,644			2,861

Total depreciation and amortization	$	98,383		$	88,936		$	89,332		$	90,411		$	88,698

Capital expenditures:
Automotive	$	67,482		$	61,795		$	46,888		$	53,911		$	72,628
Industrial		13,015			9,851			4,307			2,987			7,575
Office products		16,013			22,036			29,866			5,782			9,539
Electrical/electronic materials		1,029			1,762			1,957			676			1,406
Corporate		4,448			8,025			2,361			6,089			13,878

Total capital expenditures	$	101,987		$	103,469		$	85,379		$	69,445		$	105,026

Net sales:
United States	$	11,299,291		$	10,791,303		$	9,793,820		$	8,935,651		$	9,716,029
Canada		1,616,921			1,571,733			1,327,552			1,078,799			1,219,759
Mexico		127,754			118,867			100,325			81,547			98,812
Other		(30,098	)		(23,026	)		(14,108	)		(38,485	)		(19,337	)

Total net sales	$	13,013,868		$	12,458,877		$	11,207,589		$	10,057,512		$	11,015,263

Net long-lived assets:
United States	$	466,473		$	411,193		$	398,318		$	402,937		$	352,314
Canada		93,496			84,210			80,978			78,502			67,731
Mexico		6,396			4,801			4,834			3,585			3,220

Total net long-lived assets	$	566,365		$	500,204		$	484,130		$	485,024		$	423,265