Ingram Micro 2013 Annual Report Download - page 61
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Table of Contents
INGRAM MICRO INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
(In 000s, except per share data)
We lease the majority of our facilities and certain equipment under noncancelable operating leases. Rental expense, including obligations related to IT
outsourcing services, for the years ended 2013, 2012 and 2011 was $113,709, $96,669 and $93,725, respectively.
Future minimum rental commitments on operating leases that have remaining noncancelable lease terms as of December 28, 2013 are as follows:
2014 $ 102,351
2015 71,865
2016 59,779
2017 50,019
2018 41,983
Thereafter 96,450
$422,447
The above minimum payments have not been reduced by minimum sublease rental income of $6,980 due in the future under noncancelable sublease
agreements as follows: $4,277 and $2,703 in 2014 and 2015, respectively.
Note 11 — Segment Information
Subsequent to our acquisition of BrightPoint, we have operated predominantly in the following industry segments: (1) distribution of IT products and
supply chain solutions worldwide and (2) distribution of mobile devices as well as device lifecycle services and logistics solutions. Our IT distribution
reporting segments are based on geographic location, and the measure of segment profit is income from operations.
Geographic areas in which we operated our IT distribution reporting segments during 2013 include North America (the United States and Canada),
Europe (Austria, Belgium, France, Germany, Hungary, Italy, Israel, the Netherlands, Spain, Sweden, Switzerland and the United Kingdom), Asia-Pacific
(Australia, the People’s Republic of China including Hong Kong, India, Indonesia, Malaysia, New Zealand, Singapore, Thailand, Lebanon, United Arab
Emirates, Turkey, Egypt and South Africa), and Latin America (Brazil, Chile, Colombia, Mexico, Peru, and our Latin American export operations in
Miami).
Our BrightPoint reporting segment has operations in the following geographic areas: the United States, Denmark, Finland, Germany, Norway, Poland,
Portugal, Senegal, Slovakia, South Africa, Spain, Sweden, Switzerland, the United Arab Emirates, the United Kingdom, Australia, Hong Kong, India,
Malaysia, New Zealand and Singapore.
We do not allocate stock-based compensation recognized (see Note 12) to our operating units; therefore, we are reporting this as a separate amount.
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