10.

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, and equity in income from investees, amortization, and noncontrolling interests. Approximately $118,800,000, $138,900,000 and $193,400,000 of income before income taxes was generated in jurisdictions outside the United States for the years ended December 31, 2015, 2014, and 2013, respectively. Net sales and net property, plant and equipment 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.


	2015			2014			2013			2012			2011
	(In Thousands)
Net sales:
Automotive	$	8,015,098		$	8,096,877		$	7,489,186		$	6,320,882		$	6,061,424
Industrial		4,646,689			4,771,080			4,429,976			4,453,574			4,173,574
Office products		1,937,629			1,802,754			1,638,618			1,686,690			1,689,368
Electrical/electronic materials		750,770			739,119			568,872			582,820			557,537
Other		(70,142	)		(68,183	)		(48,809	)		(30,098	)		(23,026	)

Total net sales	$	15,280,044		$	15,341,647		$	14,077,843		$	13,013,868		$	12,458,877

Operating profit:
Automotive	$	729,152		$	700,386		$	641,492		$	540,678		$	467,806
Industrial		339,180			370,043			320,720			352,119			337,628
Office products		140,866			133,727			122,492			134,441			134,124
Electrical/electronic materials		70,151			64,884			47,584			50,910			40,663

Total operating profit		1,279,349			1,269,040			1,132,288			1,078,148			980,221
Interest expense, net		(20,354	)		(24,192	)		(24,330	)		(19,619	)		(24,608	)
Corporate expense		(100,436	)		(90,242	)		(34,667	)		(26,606	)		(58,033	)
Intangible asset amortization		(34,878	)		(36,867	)		(28,987	)		(12,991	)		(6,774	)

Income before income taxes	$	1,123,681		$	1,117,739		$	1,044,304		$	1,018,932		$	890,806

Assets:
Automotive	$	4,293,290		$	4,275,298		$	4,009,244		$	3,411,252		$	3,218,931
Industrial		1,143,952			1,224,735			1,162,697			1,130,877			1,100,024
Office products		831,546			835,592			708,944			731,564			700,720
Electrical/electronic materials		191,866			196,400			156,780			137,237			129,933
Corporate		322,323			327,623			353,276			898,292			773,391
Goodwill and other intangible assets		1,361,794			1,386,590			1,289,356			497,839			279,775

Total assets	$	8,144,771		$	8,246,238		$	7,680,297		$	6,807,061		$	6,202,774


	2015			2014			2013			2012			2011
	(In Thousands)
Depreciation and amortization:
Automotive	$	70,112		$	77,645		$	76,238		$	60,630		$	60,252
Industrial		9,960			9,906			8,751			8,307			7,495
Office products		10,922			10,728			10,166			10,837			9,999
Electrical/electronic materials		2,933			2,658			1,904			1,733			1,554
Corporate		12,870			10,509			7,911			3,885			2,862
Intangible asset amortization		34,878			36,867			28,987			12,991			6,774

Total depreciation and amortization	$	141,675		$	148,313		$	133,957		$	98,383		$	88,936

Capital expenditures:
Automotive	$	77,504		$	78,537		$	97,735		$	67,482		$	61,795
Industrial		13,998			12,442			8,808			13,015			9,851
Office products		12,323			11,135			9,297			16,013			22,036
Electrical/electronic materials		2,824			3,003			1,730			1,029			1,762
Corporate		2,895			2,564			6,493			4,448			8,025

Total capital expenditures	$	109,544		$	107,681		$	124,063		$	101,987		$	103,469

Net sales:
United States	$	12,843,078		$	12,565,329		$	11,594,713		$	11,299,291		$	10,791,303
Canada		1,395,695			1,583,075			1,560,799			1,616,921			1,571,733
Australasia		992,064			1,133,620			839,353			—			—
Mexico		119,349			127,806			131,787			127,754			118,867
Other		(70,142	)		(68,183	)		(48,809	)		(30,098	)		(23,026	)

Total net sales	$	15,280,044		$	15,341,647		$	14,077,843		$	13,013,868		$	12,458,877

Net property, plant, and equipment:
United States	$	495,073		$	495,452		$	503,882		$	466,473		$	411,193
Canada		79,023			98,939			99,135			93,496			84,210
Australasia		65,289			65,707			60,614			—			—
Mexico		8,832			10,004			6,430			6,396			4,801

Total net property, plant, and equipment	$	648,217		$	670,102		$	670,061		$	566,365		$	500,204