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Segment and Geographical Information
12 Months Ended
Dec. 31, 2015
Segment and Geographical Information  
Segment and Geographical Information

 

16.Segment and Geographical Information

 

Segments

 

The authoritative guidance for disclosures about segments of an enterprise establishes standards for reporting information about segments. It defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision-maker in deciding how to allocate resources and in assessing performance. The Company’s chief operating decision-makers are considered to be its Chief Executive Officer and Chief Financial Officer. The Company currently operates and manages its business as a single operating segment. The Company’s Chief Executive Officer and Chief Financial Officer allocate resources and assess performance of the business at the consolidated level. Accordingly, the Company considers itself to be in a single operating and reportable segment structure.

 

Geographic Regions

 

Net sales by geographic region, based on the location of the customer, were as follows:

 

 

 

Successor

 

 

Predecessor

 

(in thousands)

 

August 1, 2015
Through
December
31, 2015

 

 

January 1, 2015
Through
July 31, 2015

 

Year Ended
December 31, 2014

 

Year Ended
December 31, 2013

 

Net sales:

 

 

 

 

 

 

 

 

 

 

North America (1)

 

$

55,870 

 

 

$

2,938 

 

$

73,530 

 

$

64,181 

 

Latin America (2)

 

729 

 

 

24,314 

 

25,584 

 

23,777 

 

EMEA (3)

 

52,534 

 

 

12,369 

 

68,019 

 

58,435 

 

 

 

 

 

 

 

 

 

 

 

 

Asia Pacific (4)

 

1,948 

 

 

13,061 

 

13,375 

 

12,396 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$

111,081 

 

 

$

52,682 

 

$

180,508 

 

$

158,789 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

North America includes the United States and Canada. Sales in the United States were $53.2 million, $2.7 million, $69.5 million, and $60.1 million for the five months ended December 31, 2015, the seven months ended July 31, 2015, and for the years ended December 31, 2014 and 2013, respectively.

(2)

Latin America includes Argentina, Brazil, Chile, Guatemala, and Mexico

(3)

EMEA includes Europe, the Middle East, and Africa

(4)

Asia Pacific includes China, South Korea, Japan, Australia, and New Zealand

 

Net property, plant and equipment by geographic region at the end of each period was as follows:

 

 

 

Successor

 

 

Predecessor

 

(in thousands)

 

December 31,
2015

 

 

 December 31,
2014

 

Net property, plant and equipment:

 

 

 

 

 

 

United States

 

$

3,721 

 

 

$

3,424 

 

All other

 

885 

 

 

710 

 

 

 

 

 

 

 

 

 

 

$

4,606 

 

 

$

4,134 

 

 

 

 

 

 

 

 

 

 

 

Sales of SmartFresh™ accounted for over 90% of our total worldwide net sales in 2015, 2014, and 2013.