Segment Information

12 Months Ended

Dec. 31, 2014

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 define the term “chief operating decision maker” to be our Chief Executive Officer. Our Chief Executive Officer reviews our financial information on a consolidated basis for purposes of allocating resources and evaluating financial performance. Accordingly, we have determined that we operate a single operating segment and a single reporting unit.

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. 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 by the major geographic areas in which we operate, are as follows:

(In thousands)		Years ended December 31,
		2014		2013		2012
Net sales:
Americas	$	495,956	$	483,604	$	454,616
Europe		345,653		318,179		297,572
East Asia		294,325		260,100		282,512
Emerging Markets		107,928		110,675		108,992
	$	1,243,862	$	1,172,558	$	1,143,692

Based on the billing location of the customer, total sales outside the U.S. for the years ended December 31, 2014, 2013, and 2012 were $780 million, $726 million, and $722 million, respectively.

Total property and equipment, net, outside the U.S. for the years ended December 31, 2014 and 2013 was $145 million and $142 million, respectively.