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Segment Information
12 Months Ended
Dec. 31, 2014
Segment Information  
Segment Information

 

14. Segment Information

 

Our three reportable operating segments - Commercial, Public Sector and MacMall - are primarily aligned based upon their respective customer base. We include corporate related expenses such as legal, accounting, information technology, product management and certain other administrative costs that are not otherwise included in our reportable operating segments in Corporate & Other. We allocate our resources to and evaluate the performance of our segments based on operating income. For more information on our reportable operating segments, see Note 1 above.

 

Summarized segment information for our continuing operations is as follows for the periods presented (in thousands):

 

 

 

Commercial

 

Public
Sector

 

MacMall

 

Corporate &
Other

 

Consolidated

 

Year Ended December 31, 2014

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

1,016,047

 

$

214,723

 

$

125,615

 

$

(23

)

$

1,356,362

 

Gross profit

 

158,777

 

21,057

 

12,211

 

22

 

192,067

 

Depreciation and amortization expense(1)

 

2,416

 

45

 

116

 

8,070

 

10,647

 

Operating profit

 

58,029

 

8,349

 

1,290

 

(51,963

)

15,705

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2013

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

1,034,776

 

$

187,142

 

$

138,089

 

$

(8

)

$

1,359,999

 

Gross profit

 

158,157

 

16,995

 

14,344

 

3

 

189,499

 

Depreciation and amortization expense(1)

 

3,911

 

73

 

82

 

6,980

 

11,046

 

Operating profit

 

63,486

 

3,714

 

2,968

 

(51,948

)

18,220

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 2012

 

 

 

 

 

 

 

 

 

 

 

Net sales

 

$

1,026,222

 

$

165,828

 

$

150,290

 

$

(42

)

$

1,342,298

 

Gross profit

 

151,783

 

16,514

 

15,506

 

327

 

184,130

 

Depreciation and amortization expense(1)

 

4,630

 

106

 

69

 

6,768

 

11,573

 

Operating profit

 

59,571

 

2,554

 

4,048

 

(52,555

)

13,618

 

 

(1)

Primary fixed assets relating to network and servers are managed by the Corporate headquarters. As such, depreciation expense relating to such assets is included as part of Corporate & Other.

 

As of December 31, 2014 and 2013, we had total consolidated assets of $389.2 million and $434.8 million. Our management does not have available to them and does not use total assets measured at the segment level in allocating resources. Therefore, such information relating to segment assets is not provided herein.

 

Sales of our products and services are made to customers primarily within the U.S.  During the years ended December 31, 2014, 2013 and 2012, less than 1% of our total net sales were made to customers outside of the continental U.S.  No single customer accounted for more than 10% of our total net sales in each of the years ended December 31, 2014, 2013 and 2012.

 

Our property and equipment, net, were located in the following countries as of the periods presented (in thousands):

 

 

 

At December 31,

 

Location:

 

2014

 

2013

 

2012

 

U.S.

 

$

73,784 

 

$

55,217 

 

$

45,856 

 

Philippines

 

201 

 

365 

 

595 

 

Canada

 

383 

 

211 

 

347 

 

Property and equipment, net

 

$

74,368 

 

$

55,793 

 

$

46,798