Segment Information

3 Months Ended

Mar. 31, 2012

Segment Information [Abstract]

Segment Information

Note 11 — Segment Information

    We operate predominantly in a single industry segment as a distributor of IT products and supply chain solutions. Our operating segments are based on geographic location, and the measure of segment profit is income from operations. We do not allocate stock-based compensation recognized (see Note 4) to our operating units; therefore, we are reporting this as a separate amount.

    Geographic areas in which we operate currently include North America (United States and Canada), Europe (Austria, Belgium, France, Germany, Hungary, Italy, the Netherlands, Spain, Sweden, Switzerland, and the United Kingdom), Asia-Pacific (Australia, the People’s Republic of China including Hong Kong, India, Indonesia, Malaysia, New Zealand, Singapore, and Thailand), and Latin America (Brazil, Chile, Mexico, Peru and our Latin American export operations in Miami). During the first quarter of 2012, we initiated the closure of our in-country Argentina operations in Latin America.

    Financial information by geographic segment is as follows:

	Thirteen Weeks Ended
	March 31, 2012			April 2, 2011
Net sales:
North America	$	3,606,947		$	3,506,433
Europe		2,647,056			2,876,233
Asia-Pacific		1,949,752			1,933,996
Latin America		431,626			407,050
Total	$	8,635,381		$	8,723,712
Income from operations:
North America	$	69,649		$	59,148
Europe		22,000			32,082
Asia-Pacific		14,420			8,214
Latin America		7,428			6,267
Stock-based compensation expense		(9,446	)		(5,657	)
Total	$	104,051		$	100,054

	Thirteen Weeks Ended
	March 31, 2012		April 2, 2011
Capital expenditures:
North America	$	15,298	$	27,491
Europe		758		997
Asia-Pacific		8,556		4,320
Latin America		148		67
Total	$	24,760	$	32,875
Depreciation and amortization:
North America	$	8,716	$	8,159
Europe		3,141		3,352
Asia-Pacific		2,014		1,712
Latin America		548		701
Total	$	14,419	$	13,924
	As of
	March 31, 2012		December 31, 2011
Identifiable assets:
North America	$	3,887,862	$	3,922,713
Europe		2,818,668		3,066,825
Asia-Pacific		1,749,414		1,640,771
Latin America		472,102		516,207
Total	$	8,928,046	$	9,146,516
Long-lived assets:
North America	$	296,751	$	290,075
Europe		58,531		59,143
Asia-Pacific		43,362		36,760
Latin America		10,261		10,613
Total	$	408,905	$	396,591