XML 31 R18.htm IDEA: XBRL DOCUMENT v3.20.4
Segment Information
6 Months Ended
Dec. 31, 2020
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information Segment Information
The Company is a leading provider of technology solutions and services to customers in specialty technology markets. The Company has two reportable segments, based on product, customer and service type.

Worldwide Barcode, Networking & Security Segment
The Worldwide Barcode, Networking & Security segment includes a portfolio of solutions primarily for enterprise mobile computing, data capture, barcode printing, POS, payments, networking, electronic physical security, cyber security and other technologies. The Company has business operations within this segment in the United States, Canada and Brazil. The Company sees adjacencies among these technologies in helping its customers develop solutions. Data capture and POS solutions interface with computer systems used to automate the collection, processing and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling, warehouse management and health care applications. Electronic physical security products include identification, access control, video surveillance, intrusion-related and wireless and networking infrastructure products.

Worldwide Communications & Services Segment

The Worldwide Communications & Services segment includes a portfolio of solutions primarily for communications technologies and services and includes the Company's most recent acquisition of intY. The Company has business operations within this segment in the United States, Canada, Brazil and the UK. These offerings include voice, video conferencing, wireless, data networking, cable, unified communications and collaboration, cloud and technology services. As these solutions come together on IP networks, new opportunities are created to move into adjacent solutions for all vertical markets, such as education, healthcare and government.
Selected financial information for each business segment is presented below:
Quarter endedSix months ended
 December 31,December 31,
 2020201920202019
 (in thousands)
Sales:
Worldwide Barcode, Networking & Security $551,394 $575,001 $1,074,970 $1,156,188 
Worldwide Communications & Services 259,503 248,998 493,268 510,512 
$810,897 $823,999 $1,568,238 $1,666,700 
Depreciation and amortization:
Worldwide Barcode, Networking & Security $3,892 $4,353 $8,081 $8,554 
Worldwide Communications & Services3,662 4,147 7,389 7,455 
Corporate794 581 1,589 1,590 
$8,348 $9,081 $17,059 $17,599 
Change in fair value of contingent consideration:
Worldwide Communications & Services 3,176 516 5,649 
$ $3,176 $516 $5,649 
Operating income:
Worldwide Barcode, Networking & Security $5,887 $13,302 $8,034 $24,374 
Worldwide Communications & Services13,087 6,415 21,340 15,614 
Corporate(1)
(1,844)(1,151)(10,610)(1,909)
$17,130 $18,566 $18,764 $38,079 
Capital expenditures:
Worldwide Barcode, Networking & Security $(303)$(914)$(642)$(1,439)
Worldwide Communications & Services(403)(879)(812)(1,293)
$(706)$(1,793)$(1,454)$(2,732)
Sales by Geography Category:
United States and Canada$723,522 $744,877 $1,414,603 $1,522,848 
International90,893 89,167 164,631 163,357 
Less intercompany sales(3,518)(10,045)(10,996)(19,505)
$810,897 $823,999 $1,568,238 $1,666,700 
(1) Includes restructuring costs of $0.5 million and $8.8 million for the quarter and six months ended December 31, 2020.
December 31, 2020June 30, 2020
 (in thousands)
Assets:
Worldwide Barcode, Networking & Security $767,923 $766,746 
Worldwide Communications & Services 789,582 685,053 
Corporate39,614 59,064 
Assets held for sale 181,231 
$1,597,119 $1,692,094 
Property and equipment, net by Geography Category:
United States and Canada$45,265 $53,083 
International2,918 2,558 
$48,183 $55,641