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Segment Information (Tables)

9 Months Ended

Sep. 30, 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 and nine months ended September 30, 2021 and 2020 (in thousands):

		Three Months Ended September 30, 2021
		North America				EMEA				APAC				Consolidated
Major Offerings
Hardware		$	1,418,335			$	160,645			$	13,515			$	1,592,495
Software			338,440				178,868				14,436			$	531,744
Services			263,101				41,935				18,246			$	323,282
		$	2,019,876			$	381,448			$	46,197			$	2,447,521
Major Client Groups
Large Enterprise / Corporate		$	1,447,246			$	276,292			$	21,947			$	1,745,485
Commercial			384,458				13,209				17,277				414,944
Public Sector			188,172				91,947				6,973				287,092
		$	2,019,876			$	381,448			$	46,197			$	2,447,521
Revenue Recognition based on acting as    Principal or Agent in the Transaction
Gross revenue recognition (Principal)		$	1,926,059			$	358,981			$	39,849			$	2,324,889
Net revenue recognition (Agent)			93,817				22,467				6,348				122,632
		$	2,019,876			$	381,448			$	46,197			$	2,447,521

		Three Months Ended September 30, 2020
		North America				EMEA				APAC				Consolidated
Major Offerings
Hardware		$	1,028,045			$	138,685			$	6,421			$	1,173,151
Software			306,925				165,301				16,191				488,417
Services			223,198				37,294				14,418				274,910
		$	1,558,168			$	341,280			$	37,030			$	1,936,478
Major Client Groups
Large Enterprise / Corporate		$	1,043,303			$	242,925			$	15,416			$	1,301,644
Commercial			312,080				13,647				16,197				341,924
Public Sector			202,785				84,708				5,417				292,910
		$	1,558,168			$	341,280			$	37,030			$	1,936,478
Revenue Recognition based on acting as    Principal or Agent in the Transaction
Gross revenue recognition (Principal)		$	1,477,716			$	320,445			$	31,256			$	1,829,417
Net revenue recognition (Agent)			80,452				20,835				5,774				107,061
		$	1,558,168			$	341,280			$	37,030			$	1,936,478

		Nine Months Ended September 30, 2021
		North America				EMEA				APAC				Consolidated
Major Offerings
Hardware		$	3,696,594			$	527,022			$	34,848			$	4,258,464
Software			978,987				598,277				70,709			$	1,647,973
Services			758,705				152,359				52,589			$	963,653
		$	5,434,286			$	1,277,658			$	158,146			$	6,870,090
Major Client Groups
Large Enterprise / Corporate		$	3,838,627			$	883,044			$	66,686			$	4,788,357
Commercial			1,091,247				50,908				46,054				1,188,209
Public Sector			504,412				343,706				45,406				893,524
		$	5,434,286			$	1,277,658			$	158,146			$	6,870,090
Revenue Recognition based on acting as    Principal or Agent in the Transaction
Gross revenue recognition (Principal)		$	5,157,086			$	1,190,283			$	137,547			$	6,484,916
Net revenue recognition (Agent)			277,200				87,375				20,599				385,174
		$	5,434,286			$	1,277,658			$	158,146			$	6,870,090

		Nine Months Ended September 30, 2020
		North America				EMEA				APAC				Consolidated
Major Offerings
Hardware		$	3,180,501			$	466,909			$	21,001			$	3,668,411
Software			898,290				553,164				62,952				1,514,406
Services			692,905				132,110				41,432				866,447
		$	4,771,696			$	1,152,183			$	125,385			$	6,049,264
Major Client Groups
Large Enterprise / Corporate		$	3,227,613			$	808,360			$	44,543			$	4,080,516
Commercial			1,030,540				44,567				45,413				1,120,520
Public Sector			513,543				299,256				35,429				848,228
		$	4,771,696			$	1,152,183			$	125,385			$	6,049,264
Revenue Recognition based on acting as    Principal or Agent in the Transaction
Gross revenue recognition (Principal)		$	4,530,152			$	1,071,910			$	108,073			$	5,710,135
Net revenue recognition (Agent)			241,544				80,273				17,312				339,129
		$	4,771,696			$	1,152,183			$	125,385			$	6,049,264

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 September 30, 2021
		North America				EMEA				APAC				Consolidated
Net sales:
Products		$	1,756,775			$	339,513			$	27,951			$	2,124,239
Services			263,101				41,935				18,246				323,282
Total net sales			2,019,876				381,448				46,197				2,447,521
Costs of goods sold:
Products			1,595,184				310,242				24,670				1,930,096
Services			128,710				15,759				8,411				152,880
Total costs of goods sold			1,723,894				326,001				33,081				2,082,976
Gross profit			295,982				55,447				13,116				364,545
Operating expenses:
Selling and administrative expenses			219,714				50,062				9,222				278,998
Severance and restructuring expenses			1,999				397				—				2,396
Earnings from operations		$	74,269			$	4,988			$	3,894			$	83,151

		Three Months Ended September 30, 2020
		North America				EMEA				APAC				Consolidated
Net sales:
Products		$	1,334,970			$	303,986			$	22,612			$	1,661,568
Services			223,198				37,294				14,418				274,910
Total net sales			1,558,168				341,280				37,030				1,936,478
Costs of goods sold:
Products			1,202,743				277,025				20,544				1,500,312
Services			108,257				13,955				6,391				128,603
Total costs of goods sold			1,311,000				290,980				26,935				1,628,915
Gross profit			247,168				50,300				10,095				307,563
Operating expenses:
Selling and administrative expenses			192,033				45,438				7,684				245,155
Severance and restructuring expenses			773				19				16				808
Acquisition and integration related expenses			118				—				—				118
Earnings from operations		$	54,244			$	4,843			$	2,395			$	61,482

		Nine Months Ended September 30, 2021
		North America				EMEA				APAC				Consolidated
Net sales:
Products		$	4,675,581			$	1,125,299			$	105,557			$	5,906,437
Services			758,705				152,359				52,589				963,653
Total net sales			5,434,286				1,277,658				158,146				6,870,090
Costs of goods sold:
Products			4,237,417				1,033,976				95,690				5,367,083
Services			368,501				48,671				23,133				440,305
Total costs of goods sold			4,605,918				1,082,647				118,823				5,807,388
Gross profit			828,368				195,011				39,323				1,062,702
Operating expenses:
Selling and administrative expenses		$	640,420			$	159,466			$	27,389				827,275
Severance and restructuring expenses			(4,361	)			1,135				9				(3,217	)
Earnings from operations		$	192,309			$	34,410			$	11,925			$	238,644

		Nine Months Ended September 30, 2020
		North America				EMEA				APAC				Consolidated
Net sales:
Products		$	4,078,791			$	1,020,073			$	83,953			$	5,182,817
Services			692,905				132,110				41,432				866,447
Total net sales			4,771,696				1,152,183				125,385				6,049,264
Costs of goods sold:
Products			3,678,118				933,053				77,326				4,688,497
Services			344,586				41,876				17,017				403,479
Total costs of goods sold			4,022,704				974,929				94,343				5,091,976
Gross profit			748,992				177,254				31,042				957,288
Operating expenses:
Selling and administrative expenses			590,549				143,859				22,190				756,598
Severance and restructuring expenses			7,799				2,118				45				9,962
Acquisition-related expenses			1,991				204				—				2,195
Earnings from operations		$	148,653			$	31,073			$	8,807			$	188,533

Summary of Total Assets by Reportable Operating Segment

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

		September 30, 2021				December 31, 2020
North America		$	4,690,727			$	4,837,155
EMEA			717,883				735,771
APAC			124,908				155,761
Corporate assets and intercompany eliminations, net			(1,098,140	)			(1,417,955	)
Total assets		$	4,435,378			$	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 September 30,								Nine Months Ended September 30,
		2021				2020				2021				2020
Depreciation and amortization of property and    equipment:
North America		$	4,376			$	5,907			$	14,047			$	17,559
EMEA			1,141				1,269				3,575				3,846
APAC			148				143				432				415
			5,665				7,319				18,054				21,820
Amortization of intangible assets:
North America			7,372				8,730				22,229				27,594
EMEA			494				585				1,491				1,625
APAC			122				118				377				336
			7,988				9,433				24,097				29,555
Total		$	13,653			$	16,752			$	42,151			$	51,375

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