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Segment Information
12 Months Ended
Dec. 31, 2013
Segment Information [Abstract]  
Segment Information

Note 13 – 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 four 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 four 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:

 

 

 

 

 

 

 

 

 

 

 

 

(In thousands)

 

Years ended December 31,

 

 

2013

 

2012

 

2011

Net sales:

 

 

 

 

 

 

Americas

$

483,604 

$

454,616 

$

411,006 

Europe

 

318,179 

 

297,572 

 

308,619 

East Asia

 

260,100 

 

282,512 

 

215,500 

Emerging Markets

 

110,675 

 

108,992 

 

89,048 

 

$

1,172,558 

$

1,143,692 

$

1,024,173 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2013

 

2012

 

2011

Operating income:

 

 

 

 

 

 

Americas

$

56,054 

$

41,266 

$

55,140 

Europe

 

132,768 

 

135,600 

 

142,533 

East Asia

 

106,586 

 

125,879 

 

85,005 

Emerging Markets

 

38,005 

 

37,183 

 

29,105 

Unallocated:

 

 

 

 

 

 

Research and development expenses

 

(234,796)

 

(222,994)

 

(199,071)

 

$

98,617 

$

116,934 

$

112,712 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2013

 

2012

 

2011

Interest income:

 

 

 

 

 

 

Americas

$

51 

$

177 

$

408 

Europe

 

536 

 

432 

 

771 

East Asia

 

28 

 

23 

 

23 

Emerging Markets

 

64 

 

84 

 

117 

 

$

679 

$

716 

$

1,319 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

 

 

2013

 

2012

Property and equipment, net:

 

 

 

 

 

 

Americas

 

 

$

120,829 

$

120,329 

Europe

 

 

 

51,038 

 

48,465 

East Asia

 

 

 

4,162 

 

3,428 

Emerging Markets

 

 

 

84,539 

 

77,499 

 

 

 

$

260,568 

$

249,721 

  

Total sales outside the U.S. for 2013, 2012, and 2011 were $726 million, $722 million, and $646 million, respectively.