Segment Reporting

3 Months Ended

Sep. 30, 2011

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

5. Segment Reporting

SED operates in one business segment as a wholesale distributor of microcomputer and consumer electronics and small appliance products. SED operates in two geographic regions, the United States and Latin America/ Caribbean (combined as one in the table below). Sales of products between SED’s geographic regions are made at market prices and are eliminated in consolidation. All corporate overhead is included in the results of U.S. operations.

Financial information for continuing operations by geographic region is as follows (in thousands):

	United States			Latin America			Eliminations			Consolidation
For the three months ended September 30, 2011
Net sales to unaffiliated customers	$	121,389		$	34,450		$	—		$	155,839
Gross profit		4,956			2,563			—			7,519
Foreign currency transaction gain		—			(651	)		—			(651	)
Operating loss		(1,092	)		(450	)		—			(1,542	)
Interest expense, net		284			12			—			296
Gain on acquisition		(998	)		—			—			(998	)
Income tax expense (benefit)		16			(26	)		—			(10	)
Net loss		(394	)		(436	)		—			(830	)
Total assets at September 30, 2011		125,973			36,524			(12,625	)		149,872
	United States			Latin America			Eliminations			Consolidation
For the three months ended September 30, 2010
Net sales to unaffiliated customers	$	108,249		$	34,541		$	(1,112	)	$	141,678
Gross profit		5,198			1,961			—			7,159
Foreign currency transaction gain		—			(447	)		—			(447	)
Operating income		650			496			—			1,146
Interest expense (income), net		219			(3	)		—			216
Income tax expense		16			176			—			192
Net income		415			323			—			738
Total assets at September 30, 2010		105,858			38,384			(13,471	)		130,771

Net sales by product category is as follows (in thousands):

For the three months ended September 30,	Microcomputer Products		Consumer Electronics & Small Appliance Products		Total
2011	$	140,213	$	15,626	$	155,839
2010	$	123,614	$	18,064	$	141,678

Approximately 38.8% ($26 million United States export and $34.4 million Latin America) and 38.0% ($19.4 million United States export and $34.5 million Latin America) for the three months ended September 30, 2011 and 2010, respectively, consisted of sales to customers for export principally into Latin America, and the Caribbean area and direct sales to customers in Colombia and Argentina.