Segment Information

6 Months Ended

Jun. 30, 2012

Segment Information [Abstract]

Segment Information

Note 12 – Segment information

We determine operating segments using the management approach. The management approach designates the internal organization that is used by management for making operating decisions and assessing performance as the source of our operating segments. It also requires disclosures about products and services, geographic areas and major customers.

We have defined our operating segment based on geographic regions. We sell our products in three geographic regions. Our sales to these regions share similar economic characteristics, similar product mix, similar customers, and similar distribution methods. Accordingly, we have elected to aggregate these three geographic regions into a single operating segment. Revenue from the sale of our products which are similar in nature and software maintenance are reflected as total net sales in our Consolidated Statements of Income.

Total net sales, operating income, interest income and long-lived assets, classified by the major geographic areas in which we operate, are as follows:

		Three Months Ended				Six Months Ended
(In thousands)		June 30,				June 30,
		(Unaudited)				(Unaudited)
		2012		2011		2012		2011
Net sales:
Americas:	$	113,175	$	103,713	$	219,962	$	201,077
Europe:		73,060		76,383		148,767		147,439
Asia Pacific:		106,024		73,188		184,663		142,618
	$	292,259	$	253,284	$	553,392	$	491,134
		Three Months Ended				Six Months Ended
(In thousands)		June 30,				June 30,
		(Unaudited)				(Unaudited)
		2012		2011		2012		2011
Operating income:
Americas	$	9,590	$	18,700	$	22,121	$	38,785
Europe		33,245		32,542		67,882		68,695
Asia Pacific		46,315		28,727		77,506		51,869
Unallocated:
Research and development expenses		(54,286)		(47,027)		(108,301)		(89,895)
	$	34,864	$	32,942	$	59,208	$	69,454
		Three Months Ended				Six Months Ended
(In thousands)		June 30,				June 30,
		(Unaudited)				(Unaudited)
		2012		2011		2012		2011
Interest income:
Americas	$	16	$	121	$	107	$	270
Europe		90		195		184		353
Asia Pacific		26		28		71		62
	$	132	$	344	$	362	$	685
						June 30,		December 31,
(In thousands)						2012		2011
						(Unaudited)
Long-lived assets:
Americas					$	112,251	$	110,153
Europe						47,177		47,000
Asia Pacific						46,326		32,995
					$	205,754	$	190,148

Total sales outside the U.S. for the three month periods ended June 30, 2012 and 2011 were $186.1 million and $157.6 million, respectively, and $350.1 million and $306.5 million for the six month periods ended June 30, 2012 and 2011, respectively.