SEGMENT INFORMATION

6 Months Ended

Jul. 31, 2012

SEGMENT INFORMATION

NOTE 9 — SEGMENT INFORMATION

Tech Data operates predominately 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.

	Three months ended July  31,						Six months ended July 31,
	2012			2011			2012			2011
	(In thousands)						(In thousands)
Net sales to unaffiliated customers:
Americas	$	2,399,839		$	2,697,655		$	4,854,210		$	5,313,460
Europe		3,561,661			3,751,806			7,002,851			7,468,129
Total	$	5,961,500		$	6,449,461		$	11,857,061		$	12,781,589
Operating income:
Americas	$	29,537		$	47,635		$	80,599		$	95,508
Europe		33,621			33,855			66,232			64,132
Stock-based compensation expense		(3,902	)		(2,715	)		(6,682	)		(5,182	)
Total	$	59,256		$	78,775		$	140,149		$	154,458
Depreciation and amortization:
Americas	$	4,039		$	3,853		$	7,821		$	7,769
Europe		9,154			10,334			18,769			21,174
Total	$	13,193		$	14,187		$	26,590		$	28,943
Capital expenditures:
Americas	$	4,204		$	7,987		$	12,691		$	11,255
Europe		3,987			4,017			7,637			7,792
Total	$	8,191		$	12,004		$	20,328		$	19,047
Identifiable assets:
Americas	$	1,793,491		$	2,320,764		$	1,793,491		$	2,320,764
Europe		3,507,572			3,778,458			3,507,572			3,778,458
Total	$	5,301,063		$	6,099,222		$	5,301,063		$	6,099,222
Goodwill and acquisition-related intangible assets, net:
Americas	$	2,966		$	2,966		$	2,966		$	2,966
Europe		137,477			122,617			137,477			122,617
Total	$	140,443		$	125,583		$	140,443		$	125,583