XML 27 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Information
 3 Months Ended
Sep. 30, 2017
Segment Reporting, Measurement Disclosures [Abstract]  
Segment Information
Segment Information

The Company is a leading global provider of technology products and solutions to customers in specialty technology markets. The Company has two reportable segments, based on product, customer and service type.

Worldwide Barcode, Networking & Security Segment

The Worldwide Barcode, Networking & Security segment focuses on automatic identification and data capture ("AIDC"), point-of-sale ("POS"), networking, electronic physical security and other specialty technologies. We have business units within this segment in North America, Latin America and Europe. We see adjacencies among these technologies in helping our customers develop solutions, such as with networking products. AIDC and POS products interface with computer systems used to automate the collection, processing and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling, warehouse management and health care applications. Electronic physical security products include identification, access control, video surveillance, intrusion-related and wireless and networking infrastructure products.

Worldwide Communications & Services Segment

The Worldwide Communications & Services segment focuses on communications technologies and services. We have business units within this segment that offer voice, video conferencing, wireless, data networking, cable, collaboration, converged communications solutions, cloud and telecom services. We have business units within this segment in North America, Latin America and Europe. As these solutions come together on IP networks, new opportunities are created for customers to move into adjacent solutions for all vertical markets, such as education, healthcare and government. Our teams deliver value-added support programs and services, including education and training, network assessments, custom configuration, implementation and marketing to help customers develop a new technology practice, or to extend their capability and reach.









Selected financial information for each business segment is presented below:
 
Quarter ended
 
September 30,
 
2017
 
2016
 
(in thousands)
Sales:
 
 
 
Worldwide Barcode, Networking & Security
$
620,329

 
$
627,210

Worldwide Communications & Services
304,230

 
305,356

 
$
924,559

 
$
932,566

Depreciation and amortization:
 
 
 
Worldwide Barcode, Networking & Security
$
3,739

 
$
1,636

Worldwide Communications & Services
4,259

 
2,769

Corporate
866

 
819

 
$
8,864

 
$
5,224

Change in fair value of contingent consideration:
 
 
 
Worldwide Barcode, Networking & Security
$
69

 
$
—

Worldwide Communications & Services
16,812

 
$
169

 
$
16,881

 
$
169

Operating income:
 
 
 
Worldwide Barcode, Networking & Security
$
14,035

 
$
13,423

Worldwide Communications & Services
(6,265
)
 
9,950

Corporate
(172
)
 
(498
)
 
$
7,598

 
$
22,875

Capital expenditures:
 
 
 
Worldwide Barcode, Networking & Security
$
820

 
$
856

Worldwide Communications & Services
341

 
614

Corporate
149

 
506

 
$
1,310

 
$
1,976

Sales by Geography Category:
 
 
 
United States
$
694,379

 
$
720,371

International(1)
237,909

 
222,766

Less intercompany sales
(7,729
)
 
(10,571
)
 
$
924,559

 
$
932,566

 
 
 
 
(1) For the quarters ended September 30, 2017 and 2016, there were no sales in excess of 10% of consolidated net sales to any single international country.


 
September 30, 2017
 
June 30,
2017
 
(in thousands)
Assets:
 
 
 
Worldwide Barcode, Networking & Security
$
1,082,099

 
$
885,786

Worldwide Communications & Services
815,832

 
769,342

Corporate
52,202

 
63,175

 
$
1,950,133

 
$
1,718,303

Property and equipment, net by Geography Category:
 
 
 
United States
$
74,537

 
$
51,853

International
4,591

 
4,713

 
$
79,128

 
$
56,566