SEGMENT AND RELATED INFORMATION

12 Months Ended

Dec. 31, 2013

SEGMENT AND RELATED INFORMATION [Abstract]

SEGMENT AND RELATED INFORMATION

12. SEGMENT AND RELATED INFORMATION

The Company operates and is internally managed in two operating segments, Technology Products and Industrial Products. The Company’s chief operating decision-maker is the Company’s Chief Executive Officer. Our Chief Executive Officer, in his role as Chief Operating Decision Maker, evaluates segment performance based on income from operations before net interest, foreign exchange gains and losses and income taxes. Corporate costs not identified with the disclosed segments are grouped as “Corporate and other expenses.” The chief operating decision-maker reviews assets and makes significant capital expenditure decisions for the Company on a consolidated basis only. The accounting policies of the segments are the same as those of the Company described in Note 1.

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

	Year Ended December 31,
	2013			2012			2011
Net Sales:
Technology Products	$	2,873.3		$	3,137.6		$	3,357.4
Industrial Products		473.8			401.9			319.9
Corporate and other		5.2			4.8			3.3
Consolidated	$	3,352.3		$	3,544.3		$	3,680.6
Depreciation and Amortization Expense:
Technology Products	$	16.1		$	15.1		$	15.0
Industrial Products		2.2			1.9			1.3
Corporate and other		1.0			1.0			1.2
Consolidated	$	19.3		$	18.0		$	17.5
Operating Income (Loss):
Technology Products	$	(40.6	)	$	(47.2	)	$	68.0
Industrial Products		40.0			29.9			35.1
Corporate and other expenses		(20.0	)		(22.6	)		(22.3	)
Consolidated	$	(20.6	)	$	(39.9	)	$	80.8
Total Assets
Technology Products	$	598.2		$	564.4		$	546.7
Industrial Products		75.5			157.7			127.2
Corporate and other		268.7			240.2			215.8
Consolidated	$	942.4		$	962.3		$	889.7

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

	Year Ended December 31,
	2013		2012		2011
Net Sales:
United States	$	2,051.1	$	2,203.2	$	2,353.3
United Kingdom		468.5		491.7		442.5
France		335.4		312.7		306.3
Other Europe		291.5		322.3		351.0
Other North America		205.8		214.4		227.5
Consolidated	$	3,352.3	$	3,544.3	$	3,680.6
Long-lived Assets:
United States	$	32.3	$	42.0	$	50.7
United Kingdom		18.7		16.6		15.4
France		0.9		0.1		0.1
Other Europe and Asia		6.4		2.7		2.4
Other North America		1.1		1.6		2.1
Consolidated	$	59.4	$	63.0	$	70.7

Net sales are attributed to countries based on location of selling subsidiary.

Financial information relating to the Company’s entity-wide product category sales was as follows (in millions):

	Year Ended December 31,
	2013		%			2012		%			2011		%
Product Category
Computers	$	1,034.5		30.9	%	$	1,046.4		29.5	%	$	1,047.6		28.5	%
Computer accessories & software		877.6		26.2	%		971.3		27.4	%		1,025.0		27.8	%
Consumer electronics		495.1		14.8	%		615.6		17.4	%		746.5		20.3	%
Industrial products		473.8		14.1	%		401.9		11.3	%		319.9		8.7	%
Computer components		378.0		11.3	%		407.7		11.5	%		453.8		12.3	%
Other		93.3		2.7	%		101.4		2.9	%		87.8		2.4	%
Consolidated	$	3,352.3		100	%	$	3,544.3		100	%	$	3,680.6		100	%