Segment Reporting

6 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment Reporting

Note 11 – Segment Reporting

Accounting guidance requires that a public business enterprise report financial information about its reportable operating segments. Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and in assessing performance.

The Company organizes and manages its operations primarily by geographic area and measures profit and loss of its segments based on operating income (loss). The accounting policies used to measure operating income (loss) of the segments are the same as those used to prepare the consolidated financial statements.

The Company’s Americas segment includes all of the Company’s operations located in North and South America, including its operations in the United States, Canada, Mexico and Brazil, its U.S. brand strategy and design business and its U.S. digital solutions business. The Company’s Europe segment includes all operations located in Europe, including its European brand strategy and design business and its digital solutions business in London. The Company’s Asia Pacific segment includes all operations in Asia and Australia, including its Asia Pacific brand strategy and design business. The Company has determined that each of its operating segments is also a reportable segment.

Corporate consists of unallocated general and administrative activities and associated expenses, including executive, legal, finance, information technology, human resources and certain facility costs. In addition, certain costs and employee benefit plans are included in Corporate and not allocated to operating segments.

The Company has disclosed operating income (loss) as the primary measure of segment profitability. This is the measure of profitability used by the Company’s CODM and is most consistent with the presentation of profitability reported within the consolidated financial statements.

The segment revenue disclosure for the three and six-month periods ended June 30, 2012 has been reclassified to conform to the current presentation of segment revenue as presented for the three and six-month periods ended June 30, 2013. The Americas segment revenue and intersegment revenue elimination originally reported for the three and six-month periods ended June 30, 2012 have been reduced by $8,207 and $14,698, respectively, to reflect the elimination of intra-segment revenue within the Americas segment.

Segment information relating to results of operations for continuing operations was as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Net revenues:
Americas	$	83,411		$	83,998		$	166,176		$	164,981
Europe		19,975			21,197			39,656			43,589
Asia Pacific		11,342			10,310			21,048			18,430
Intersegment revenue elimination		(4,218	)		(4,745	)		(9,212	)		(8,853	)
Total	$	110,510		$	110,760		$	217,668		$	218,147
Operating segment income (loss):
Americas	$	15,523		$	10,388		$	27,385		$	18,306
Europe		535			484			334			1,907
Asia Pacific		1,377			827			1,724			941
Corporate		(11,613	)		(12,887	)		(21,881	)		(23,961	)
Operating income (loss)		5,822			(1,188	)		7,562			(2,807	)
Interest expense, net		(1,114	)		(908	)		(2,183	)		(1,734	)
Income (loss) from continuing operations before income taxes	$	4,708		$	(2,096	)	$	5,379		$	(4,541	)