Segment Information

3 Months Ended

Mar. 30, 2012

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company conducts its operations through three geographic operating segments – North America, Europe and Mediterranean, and ROW, which consists of operations in Latin America, Sub-Saharan Africa, Middle East and Asia Pacific. The Company’s operating segments align with the structure of the Company’s internal management organization. All three segments engage in the development, design, manufacturing, marketing and distribution of copper, aluminum, and fiber optic communication, electric utility and electrical infrastructure wire and cable products. In addition to the above products, the Europe and Mediterranean and ROW segments develop, design, manufacture, market and distribute construction products and the ROW segment manufactures and distributes rod mill wire and cable products.

Net sales as shown below represent revenue from external customers for each segment. Intersegment sales have been eliminated. For the three months ended March 30, 2012 and April 1, 2011, intersegment sales in North America were immaterial. In Europe and Mediterranean, intersegment sales were $6.2 million and in ROW, intersegment sales were $8.8 million for the three months ended March 30, 2012, respectively. In Europe and Mediterranean, intersegment sales were $5.4 million and in ROW, intersegment sales were $9.4 million for the three months ended April 1, 2011, respectively. The chief operating decision maker evaluates segment performance and allocates resources based on segment operating income. Segment operating income represents income from continuing operations before interest income, interest expense, other income (expense), other financial costs and income tax. Where applicable, “Corporate” generally includes corporate activity, eliminations and assets such as: cash, deferred income taxes, and certain property, including property held for sale, prepaid expenses and other certain current and non-current assets. Summarized financial information for the Company’s reportable segments for the three fiscal months ended March 30, 2012 and April 1, 2011 is as follows:

	Three Fiscal Months Ended
(in millions)	March 30, 2012		April 1, 2011
Net sales:
North America	$	541.2	$	541.8
Europe and Mediterranean	415.1		423.1
ROW	476.2		482.7
Total	$	1,432.5	$	1,447.6
Segment Operating Income:
North America	$	30.4	$	35.5
Europe and Mediterranean	4.5		13.5
ROW	15.8		20.1
Total	$	50.7	$	69.1

(in millions)	March 30, 2012		December 31, 2011
Total Assets:
North America	$	813.6	$	791.4
Europe and Mediterranean	1,487.7		1,435.2
ROW	1,884.0		1,861.0
Corporate	$	289.0	$	235.4
Total	$	4,474.3	$	4,323.0