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Segment Information | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company’s operations consist of two reportable segments: Asset Intelligence & Tracking (“AIT”) and Enterprise Visibility & Mobility (“EVM”). The reportable segments have been identified based on the financial data utilized by the Company’s Chief Executive Officer (the chief operating decision maker or “CODM”) to assess segment performance and allocate resources among the Company’s segments. The CODM reviews adjusted operating income to assess segment profitability. Adjusted operating income excludes purchase accounting adjustments, amortization of intangible assets, acquisition and integration costs, and exit and restructuring costs. Segment assets are not reviewed by the Company’s CODM and therefore are not disclosed below. Financial information by segment is presented as follows (in millions):
| Three Months Ended |  | Six Months Ended
| June 30, 2018 |  | July 1, 2017 |  | June 30, 2018 |  | July 1, 2017
Net sales: |  |  |  |  |  |  |
AIT | $ | 351 |  |  | $ | 313 |  |  | $ | 703 |  |  | $ | 635 |
EVM | 661 |  |  | 584 |  |  | 1,286 |  |  | 1,128 |
Total segment net sales | 1,012 |  |  | 897 |  |  | 1,989 |  |  | 1,763 |
Corporate, eliminations (1) | — |  |  | (1 | ) |  | — |  |  | (2 | )
Total net sales | $ | 1,012 |  |  | $ | 896 |  |  | $ | 1,989 |  |  | $ | 1,761 |
Operating income: |  |  |  |  |  |  |
AIT(3) | $ | 77 |  |  | $ | 61 |  |  | $ | 169 |  |  | $ | 135 |
EVM(3) | 73 |  |  | 70 |  |  | 153 |  |  | 118 |
Total segment operating income | 150 |  |  | 131 |  |  | 322 |  |  | 253 |
Corporate, eliminations (2) | (25 | ) |  | (73 | ) |  | (53 | ) |  | (155 | )
Total operating income | $ | 125 |  |  | $ | 58 |  |  | $ | 269 |  |  | $ | 98 |
(1) | Amounts included in Corporate, eliminations consist of purchase accounting adjustments related to the Enterprise Acquisition.
(2) | Amounts included in Corporate, eliminations consist of purchase accounting adjustments, amortization of intangible assets, acquisition and integration costs, and exit and restructuring costs.
(3) | Effective January 1, 2018, the Company changed its methodology for allocating certain operating expenses across its two reportable segments to more accurately reflect where these operating costs are being incurred. The reallocations relate primarily to information technology, marketing and human resources expenses. Prior year segment operating results have been recast for comparability with the current year presentation. For the quarter ended July 1, 2017, $2 million of operating expenses were reclassified from EVM to AIT. For the six-month period ended July 1, 2017, $5 million of operating expenses were reclassified from AIT to EVM. For the full year ended December 31, 2017, $14 million of operating expenses were reclassified from AIT to EVM. There was no impact to the Consolidated Financial Statements as a result of these reclassifications.
Information regarding the Company’s operations by geographic area is contained in the following table. These amounts are reported in the geographic area of the destination of the final sale. Net sales to customers by geographic region were as follows (in millions):
| Three Months Ended |  | Six Months Ended
| June 30, 2018 |  | July 1, 2017 |  | June 30, 2018 |  | July 1, 2017
Europe, Middle East and Africa | $ | 337 |  |  | $ | 279 |  |  | $ | 686 |  |  | $ | 566 |
Latin America | 57 |  |  | 57 |  |  | 113 |  |  | 110 |
Asia-Pacific | 134 |  |  | 123 |  |  | 249 |  |  | 231 |
North America | 484 |  |  | 437 |  |  | 941 |  |  | 854 |
Total Net sales | $ | 1,012 |  |  | $ | 896 |  |  | $ | 1,989 |  |  | $ | 1,761 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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