Segment Information

3 Months Ended

Apr. 30, 2014

Segment Reporting Information, Additional Information [Abstract]

Segment Information

SEGMENT INFORMATION

Tech Data operates predominantly in a single industry segment as a distributor of technology products, logistics management, and other value-added services. While the Company operates primarily in one industry, it is managed based on geographic segments: the Americas (including North America and South America) and Europe. The Company assesses performance of and makes decisions on how to allocate resources to its operating segments based on multiple factors including current and projected operating income and market opportunities. The Company does not consider stock-based compensation expense in assessing the performance of its operating segments, and therefore the Company is reporting stock-based compensation expense as a separate amount. The accounting policies of the segments are the same as those described in Note 1—Business and Summary of Significant Accounting Policies.

Financial information by geographic segment is as follows:

	Three months ended April 30,
	2014			2013
	(In thousands)
Net sales to unaffiliated customers
Americas (1)	$	2,476,271		$	2,292,782
Europe	4,251,880			3,854,975
Total	$	6,728,151		$	6,147,757
Operating income
Americas (2)	$	26,283		$	27,231
Europe (3)	7,186			11,891
Stock-based compensation expense	(1,973		)	(3,091		)
Total	$	31,496		$	36,031
Depreciation and amortization
Americas	$	4,118		$	4,246
Europe	14,098			13,721
Total	$	18,216		$	17,967
Capital expenditures
Americas	$	1,482		$	1,697
Europe	2,745			6,037
Total	$	4,227		$	7,734

	As of
	April 30, 2014		January 31, 2014
	(In thousands)
Identifiable assets
Americas	$	2,091,133	$	1,984,895
Europe	4,923,870		5,184,771
Total	$	7,015,003	$	7,169,666
Long-lived assets:
Americas (1)	$	26,587	$	28,091
Europe	49,269		49,540
Total	$	75,856	$	77,631
Goodwill & acquisition-related intangible assets, net:
Americas	$	9,320	$	8,936
Europe	389,471		386,919
Total	$	398,791	$	395,855

(1) Net sales to unaffiliated customers in the United States represented 83% of the total Americas' net sales to unaffiliated customers for each of the fiscal quarters ended April 30, 2014 and April 30, 2013. Total long-lived assets in the United States represented 90% of the Americas' total long-lived assets at both April 30, 2014 and January 31, 2014.

(2)Operating income in the Americas for the fiscal quarters ended April 30, 2014 and 2013 includes restatement-related expenses of $2.9 million and $1.8 million, respectively.

(3) Operating income in Europe for the fiscal quarters ended April 30, 2014 and 2013 includes restatement-related expenses of $9.4 million and $1.3 million, respectively.