XML 63 R45.htm IDEA: XBRL DOCUMENT v3.25.2
Segment Information - Financial Information about Reportable Operating Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Segment Reporting Information [Line Items]        
Total net sales $ 2,091,482 $ 2,161,662 $ 4,195,038 $ 4,541,147
Total costs of goods sold 1,649,155 1,708,297 3,346,234 3,646,854
Gross profit 442,327 453,365 848,804 894,293
Operating expenses:        
Significant selling and administrative expenses 304,302 313,416 599,580 624,551
Stock-based compensation 9,062 8,857 17,909 16,900
Adjusted earnings from operations 128,963 131,092 231,315 252,842
Hardware        
Segment Reporting Information [Line Items]        
Total net sales 1,191,031 1,172,641 2,332,547 2,307,368
Total costs of goods sold 1,037,049 1,021,148 2,031,568 2,008,057
Software        
Segment Reporting Information [Line Items]        
Total net sales 474,259 553,794 1,040,543 1,383,022
Total costs of goods sold 443,728 515,122 981,035 1,299,797
Services        
Segment Reporting Information [Line Items]        
Total net sales 426,192 435,227 821,948 850,757
Total costs of goods sold 168,378 172,027 333,631 339,000
Gross profit 257,814 263,200 488,317 511,757
North America        
Segment Reporting Information [Line Items]        
Total net sales 1,684,304 1,732,357 3,384,947 3,637,179
Total costs of goods sold 1,342,612 1,378,250 2,723,803 2,933,229
Gross profit 341,692 354,107 661,144 703,950
Operating expenses:        
Significant selling and administrative expenses 231,735 243,873 457,327 484,673
Stock-based compensation 7,046 6,805 13,941 13,064
Adjusted earnings from operations 102,911 103,429 189,876 206,213
North America | Hardware        
Segment Reporting Information [Line Items]        
Total net sales 1,073,904 1,037,523 2,080,198 2,028,589
Total costs of goods sold 936,777 907,560 1,813,660 1,769,850
North America | Software        
Segment Reporting Information [Line Items]        
Total net sales 300,708 365,209 697,441 960,449
Total costs of goods sold 281,084 338,026 658,516 902,409
North America | Services        
Segment Reporting Information [Line Items]        
Total net sales 309,692 329,625 607,308 648,141
Total costs of goods sold 124,751 132,664 251,627 260,970
EMEA        
Segment Reporting Information [Line Items]        
Total net sales 348,614 368,873 691,442 781,714
Total costs of goods sold 266,180 289,731 537,081 627,539
Gross profit 82,434 79,142 154,361 154,175
Operating expenses:        
Significant selling and administrative expenses 61,443 58,232 120,771 117,783
Stock-based compensation 1,641 1,694 3,222 3,162
Adjusted earnings from operations 19,350 19,216 30,368 33,230
EMEA | Hardware        
Segment Reporting Information [Line Items]        
Total net sales 108,450 125,074 237,314 261,388
Total costs of goods sold 92,819 104,807 204,859 223,066
EMEA | Software        
Segment Reporting Information [Line Items]        
Total net sales 151,880 167,182 290,176 370,434
Total costs of goods sold 143,132 157,455 274,068 349,268
EMEA | Services        
Segment Reporting Information [Line Items]        
Total net sales 88,284 76,617 163,952 149,892
Total costs of goods sold 30,229 27,469 58,154 55,205
APAC        
Segment Reporting Information [Line Items]        
Total net sales 58,564 60,432 118,649 122,254
Total costs of goods sold 40,363 40,316 85,350 86,086
Gross profit 18,201 20,116 33,299 36,168
Operating expenses:        
Significant selling and administrative expenses 11,124 11,311 21,482 22,095
Stock-based compensation 375 358 746 674
Adjusted earnings from operations 6,702 8,447 11,071 13,399
APAC | Hardware        
Segment Reporting Information [Line Items]        
Total net sales 8,677 10,044 15,035 17,391
Total costs of goods sold 7,453 8,781 13,049 15,141
APAC | Software        
Segment Reporting Information [Line Items]        
Total net sales 21,671 21,403 52,926 52,139
Total costs of goods sold 19,512 19,641 48,451 48,120
APAC | Services        
Segment Reporting Information [Line Items]        
Total net sales 28,216 28,985 50,688 52,724
Total costs of goods sold $ 13,398 $ 11,894 $ 23,850 $ 22,825