Segment Information

3 Months Ended

Mar. 31, 2019

Systemax Inc., through its operating subsidiaries, is primarily a direct marketer of brand name and private label industrial and business equipment and supplies in North America going to market through a system of branded e-commerce websites and relationship marketers. As previously disclosed, in August 2018 the Company sold its France-based IT business. With the completion of the sale, Systemax operates and is internally managed in one reportable business segment, IPG, which includes its former Corporate and other segment. IPG focuses on industrial supplies and MRO (maintenance, repair and operations) markets the Company has served since 1949.

IPG sells a wide array of industrial and business equipment hard goods and supplies and to a lesser extent products that would fall into the generally recognizable category of MRO products, which are marketed in North America. Many of these products are manufactured by other companies. Some products are manufactured for us and sold under our brand as a white label product and some are manufactured to our own design and marketed on a private label basis.

The Company’s chief operating decision-maker is the Company’s Chief Executive Officer (“CEO”). The CEO, in his role as Chief Operating Decision Maker (“CODM”), evaluates segment performance based on operating income (loss) from continuing operations. The CODM reviews assets and makes significant capital expenditure decisions for the Company on a consolidated basis only.

Financial information relating to the Company’s continuing operations was as follows (in millions):



	Three Months Ended March 31,
	2019		2018
Net sales:
Consolidated	$	232.2	$	212.2

Operating income:
Consolidated	$	13.2	$	11.1

Financial information relating to the Company’s continuing operations by geographic area was as follows (in millions):



	Three Months Ended March 31,
	2019		2018
Net sales:
United States	$	220.8	$	202.0
Canada	11.4		10.2
Consolidated	$	232.2	$	212.2

Revenue is attributed to countries based on the location of the selling subsidiary.