Logitech 2012 Annual Report Download - page 267

LOGITECH INTERNATIONAL S.A.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
intangible assets are presented in the following financial information by operating segment as ‘‘all other.’’ Long-
lived assets are presented by geographic region. Net sales, operating income and depreciation and amortization for
the Company’s operating segments were as follows (in thousands):
Year ended March 31
2012 2011 2010
Net sales by operating segment
Peripherals.................................. $2,168,742 $2,228,985 $1,943,516
Video Conferencing .......................... 147,461 133,901 23,232
Total net sales.................................... $ 2,316,203 $2,362,886 $ 1,966,748
Operating income by segment
Peripherals.................................. $ 137,430 $ 204,202 $ 127,530
Video Conferencing .......................... (7,386) 1,100 (8,844)
All other ................................... (58,063) (62,646) (40,322)
Total operating income ............................ $ 71,981 $ 142,656 $ 78,364
Depreciation and amortization by segment
Peripherals.................................. $ 52,578 $ 55,816 $ 65,130
Video Conferencing .......................... 19,924 20,175 5,765
Total depreciation and amortization .................. $ 72,502 $ 75,991 $ 70,895
Geographic net sales information in the table below is based on the location of the selling entity. Long-lived
assets, primarily fixed assets, are reported below based on the location of the asset.
Net sales to unaffiliated customers by geographic region were as follows (in thousands):
Year ended March 31,
2012 2011 2010
Americas ........................................... $ 953,867 $1,032,988 $ 729,473
EMEA ............................................. 846,464 872,774 882,635
Asia Pacific ......................................... 515,872 457,124 354,640
Total net sales..................................... $2,316,203 $2,362,886 $1,966,748
Sales are attributed to countries on the basis of the customers’ locations. The United States represented
34% and 36% of the Company’s total consolidated net sales for the fiscal years 2012 and 2011. In fiscal year 2010,
the United States represented 32% and Germany represented 11% of our total consolidated net sales. No other
single country represented more than 10% of the Company’s total consolidated net sales during those periods.
Revenues from sales to customers in Switzerland, the Company’s home domicile, represented a small portion of the
Company’s total consolidated net sales in all periods presented. In fiscal years 2012, 2011 and 2010, one customer
group represented 14%, 12% and 13% of net sales. As of March 31, 2012 and 2011, one customer group represented
14% and 13% of total accounts receivable.
Note 13 — Segment Information (Continued)
ANNUAL REPORT
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