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SEGMENT AND RELATED INFORMATION | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
SEGMENT AND RELATED INFORMATION | SEGMENT AND RELATED INFORMATION Systemax Inc., through its operating subsidiaries, is primarily a direct marketer of brand name and private label industrial and business equipment and supplies in North America going to market through a system of branded e-Commerce websites and relationship marketers. The Company currently operates and is internally managed in one reportable segment - IPG. Smaller business operations and corporate functions are aggregated and reported as the additional segment - Corporate and Other ("Corporate"). Prior to August 31, 2018, the Company operated and was internally managed in two reportable business segments— IPG and ETG. The Company sold its France-based IT value added reseller business on August 31, 2018, and now, the Company's continuing operations are its IPG businesses in North America, which focus on industrial supplies and MRO (maintenance, repair and operations) markets the Company has served since 1949. On September 2, 2016 the Company sold certain assets of its Misco Germany operations which had been reported as part of its ETG segment and on December 31, 2016, the Company sold all of its issued and outstanding membership interests of its rebate processing business which had been reported as part of its Corporate segment. As these dispositions were not a strategic shift with a major impact as defined under ASU 2014-8, prior and current year results of the German operations and the rebate processing business are presented within continuing operations in the Consolidated Financial Statements. For the year ended December 31, 2016, net sales of Misco Germany included in continuing operations were $33.9 million and the net loss of $4.7 million. The Company recorded special charges related to this transaction of approximately $1.7 million. For the year ended December 31, 2016, net sales of the rebate processing business included in continuing operations were $3.6 million and the net loss was $2.2 million. The Company recorded a gain of approximately $3.9 million on this sale. NATG, which was previously its own reportable segment, is included below for operating losses that remain in continuing operations, primarily related to the wind down of certain leases. The Company’s chief operating decision-maker is the Company’s Chief Executive Officer (“CEO”). The CEO, in his role as Chief Operating Decision Maker (“CODM”), evaluates segment performance based on operating income (loss) from continuing operations. The CODM reviews assets and makes significant capital expenditure decisions for the Company on a consolidated basis only. The accounting policies of the segments are the same as those of the Company. Corporate costs not identified with the disclosed segments are grouped as “Corporate and other expenses.” Financial information relating to the Company’s continuing operations by reportable segment was as follows (in millions):
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Net Sales: |  |  |  |  |
IPG | $ | 896.9 |  |  | $ | 791.8 |  |  | $ | 715.6 |
Corporate and other | 0.0 |  |  | 0.0 |  |  | 37.5 |
Consolidated | $ | 896.9 |  |  | $ | 791.8 |  |  | $ | 753.1 |
Depreciation and Amortization Expense: |  |  |  |  |  |  |  |
IPG | $ | 3.9 |  |  | $ | 3.9 |  |  | $ | 3.6 |
Corporate and other | 0.6 |  |  | 0.7 |  |  | 0.9 |
Consolidated | $ | 4.5 |  |  | $ | 4.6 |  |  | $ | 4.5 |
Operating Income (Loss): |  |  |  |  |  |  |  |
IPG | $ | 82.6 |  |  | $ | 69.6 |  |  | $ | 34.3 |
NATG - continuing operations | (0.8 | ) |  | (0.6 | ) |  | (2.8 | )
Corporate and other expenses | (20.1 | ) |  | (23.3 | ) |  | (23.5 | )
Consolidated | $ | 61.7 |  |  | 45.7 |  |  | $ | 8.0 |
Total Assets |  |  |  |  |  |  |  |
IPG | $ | 234.7 |  |  | $ | 220.4 |  |  | $ | 201.5 |
ETG - discontinued | 0.0 |  |  | 185.3 |  |  | 269.4 |
NATG | 8.9 |  |  | 13.6 |  |  | 6.9 |
Corporate and other | 286.4 |  |  | 132.1 |  |  | 88.3 |
Consolidated | $ | 530.0 |  |  | $ | 551.4 |  |  | $ | 566.1 |
Financial information relating to the Company’s continuing operations by geographic area was as follows (in millions):
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Net Sales: |  |  |  |  |
United States | $ | 854.6 |  |  | $ | 759.4 |  |  | $ | 692.3 |
Germany | 0.0 |  |  | 0.0 |  |  | 33.9 |
Other North America | 42.3 |  |  | 32.4 |  |  | 26.9 |
Consolidated | $ | 896.9 |  |  | $ | 791.8 |  |  | $ | 753.1 |
Long-lived Assets: |  |  |  |  |  |  |  |
United States | $ | 14.8 |  |  | $ | 13.9 |  |  | $ | 15.4 |
Other North America | 0.1 |  |  | 0.1 |  |  | 0.0 |
Consolidated | $ | 14.9 |  |  | $ | 14.0 |  |  | $ | 15.4 |
Net sales are attributed to countries based on location of selling subsidiary.

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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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