Segment Information

6 Months Ended

Jun. 30, 2015

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 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 is 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:

		Three Months Ended June 30,				Six Months Ended June 30,
(In thousands)		(Unaudited)				(Unaudited)
		2015		2014		2015		2014
Net sales:
Americas	$	126,614	$	120,013	$	245,002	$	235,119
Europe		83,473		83,597		164,389		167,454
East Asia		70,084		80,742		134,614		142,090
Emerging Markets		21,620		28,359		47,299		52,722
	$	301,791	$	312,711	$	591,304	$	597,385

Based on the billing location of the customer, total sales outside the U.S. for the three month periods ended June 30, 2015 and 2014were $185 million and $200 million, respectively, and $364 million and $379 million for the six month periods ended June 30, 2015 and 2014, respectively. 

Total property and equipment, net, outside the U.S. was $145 million as of June 30, 2015 and December 31, 2014.