Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Summary of Revenue Disaggregated by Reportable Operating Segments

In the following table, revenue is disaggregated by our reportable operating segments, which are primarily defined by their related geographies, as well as by major product offering, by major client group and by recognition on either a gross basis as a principal in the arrangement, or on a net basis as an agent, for the three months ended March 31, 2021 and 2020 (in thousands):

	Three Months Ended March 31, 2021
	North America		EMEA		APAC		Consolidated
Major Offerings
Hardware	$	1,109,489	$	195,971	$	9,565	$	1,315,025
Software		308,738		234,423		34,834		577,995
Services		236,554		48,442		15,052		300,048
	$	1,654,781	$	478,836	$	59,451	$	2,193,068
Major Client Groups
Large Enterprise / Corporate	$	1,171,428	$	309,075	$	19,076	$	1,499,579
Commercial		344,045		20,533		12,667		377,245
Public Sector		139,308		149,228		27,708		316,244
	$	1,654,781	$	478,836	$	59,451	$	2,193,068
Revenue Recognition based on acting as    Principal or Agent in the Transaction
Gross revenue recognition (Principal)	$	1,569,641	$	450,977	$	52,863	$	2,073,481
Net revenue recognition (Agent)		85,140		27,859		6,588		119,587
	$	1,654,781	$	478,836	$	59,451	$	2,193,068

	Three Months Ended March 31, 2020
	North America		EMEA		APAC		Consolidated
Major Offerings
Hardware	$	1,128,486	$	174,969	$	7,746	$	1,311,201
Software		305,163		201,082		30,870		537,115
Services		240,732		42,835		12,168		295,735
	$	1,674,381	$	418,886	$	50,784	$	2,144,051
Major Client Groups
Large Enterprise / Corporate	$	1,160,748	$	292,288	$	13,025	$	1,466,061
Commercial		386,076		17,742		13,654		417,472
Public Sector		127,557		108,856		24,105		260,518
	$	1,674,381	$	418,886	$	50,784	$	2,144,051
Revenue Recognition based on acting as    Principal or Agent in the Transaction
Gross revenue recognition (Principal)	$	1,600,514	$	392,259	$	45,754	$	2,038,527
Net revenue recognition (Agent)		73,867		26,627		5,030		105,524
	$	1,674,381	$	418,886	$	50,784	$	2,144,051

Financial Information about Reportable Operating Segments

The following tables present our results of operations by reportable operating segment for the periods indicated (in thousands):

	Three Months Ended March 31, 2021
	North America			EMEA		APAC		Consolidated
Net sales:
Products	$	1,418,227		$	430,394	$	44,399	$	1,893,020
Services		236,554			48,442		15,052		300,048
Total net sales		1,654,781			478,836		59,451		2,193,068
Costs of goods sold:
Products		1,283,876			396,184		41,198		1,721,258
Services		117,416			16,617		6,303		140,336
Total costs of goods sold		1,401,292			412,801		47,501		1,861,594
Gross profit		253,489			66,035		11,950		331,474
Operating expenses:
Selling and administrative expenses		206,806			55,447		8,937		271,190
Severance and restructuring expenses		(7,238	)		498		—		(6,740	)
Earnings from operations	$	53,921		$	10,090	$	3,013	$	67,024

	Three Months Ended March 31, 2020
	North America		EMEA		APAC		Consolidated
Net sales:
Products	$	1,433,649	$	376,051	$	38,616	$	1,848,316
Services		240,732		42,835		12,168		295,735
Total net sales		1,674,381		418,886		50,784		2,144,051
Costs of goods sold:
Products		1,288,197		345,749		36,292		1,670,238
Services		129,256		14,363		4,858		148,477
Total costs of goods sold		1,417,453		360,112		41,150		1,818,715
Gross profit		256,928		58,774		9,634		325,336
Operating expenses:
Selling and administrative expenses		211,203		50,244		7,416		268,863
Severance and restructuring expenses		2,122		6		16		2,144
Acquisition and integration related expenses		1,262		204		—		1,466
Earnings from operations	$	42,341	$	8,320	$	2,202	$	52,863

Summary of Total Assets by Reportable Operating Segment

The following is a summary of our total assets by reportable operating segment (in thousands):

	March 31, 2021			December 31, 2020
North America	$	4,662,002		$	4,837,155
EMEA		796,315			735,771
APAC		206,986			155,761
Corporate assets and intercompany eliminations, net		(1,410,696	)		(1,417,955	)
Total assets	$	4,254,607		$	4,310,732

Pre-Tax Depreciation and Amortization by Operating Segment

We recorded the following pre-tax amounts, by reportable operating segment, for depreciation and amortization in the accompanying consolidated financial statements (in thousands):

	Three Months Ended March 31,
	2021		2020
Depreciation and amortization of property and    equipment:
North America	$	4,807	$	5,826
EMEA		1,232		1,328
APAC		142		135
		6,181		7,289
Amortization of intangible assets:
North America		7,417		9,493
EMEA		496		506
APAC		128		109
		8,041		10,108
Total	$	14,222	$	17,397