Memorex 2012 Annual Report Download - page 92

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Net revenue and operating income (loss) by segment were as follows:
Years Ended December 31,
2012 2011 2010
(In millions)
Net Revenue
Americas ................................................ $ 504.7 $ 595.9 $ 712.9
Europe ................................................. 208.8 248.0 289.8
North Asia ............................................... 272.5 307.2 315.2
South Asia ............................................... 113.6 139.3 143.0
Total ................................................. $1,099.6 $1,290.4 $1,460.9
Years Ended December 31,
2012 2011 2012
(In millions)
Operating Income (Loss)
Americas ................................................... $ 2.9 $ 8.4 $ 36.8
Europe ..................................................... (3.9) 10.3 (0.6)
North Asia .................................................. 5.9 12.5 14.9
South Asia .................................................. 0.6 4.0 4.0
Total segment operating income ................................ 5.5 35.2 55.1
Corporate and unallocated ........................................ (341.6) (68.3) (124.8)
Total operating loss ......................................... (336.1) (33.1) (69.7)
Interest income ................................................. (0.5) (0.9) (0.8)
Interest expense ................................................ 2.9 3.7 4.2
Other expense, net .............................................. 2.6 7.0 3.3
Loss from continuing operations before income taxes ................ $(341.1) $(42.9) $ (76.4)
We have not provided specific asset information by segment, as it is not regularly provided to our chief operating
decision maker for review at a segment specific level. Corporate and unallocated amounts above include non-cash goodwill
impairment charges of $23.3 million, $1.6 million and $23.5 million for the years ended December 31, 2012, 2011 and 2010,
respectively, non-cash intangible asset impairment charges for $260.5 million for the year ended December 31, 2012,
restructuring and other costs of $21.1 million, $21.5 million and $51.1 million for the years ended December 31, 2012, 2011
and 2010, respectively and litigation settlement charges of $2.0 million and $2.6 million for the years ended December 31,
2011 and 2010, respectively.
We have three major product categories: traditional storage, secure and scalable storage and audio and video
information. Traditional storage products include optical products, magnetic products and other traditional storage media
products. Optical products include primarily DVDs, CDs and Blu-ray disc recordable media. Magnetic products include
primarily data storage tape media. Other traditional storage products include primarily optical drives and audio and video tape
media. Secure and scalable storage products include flash memory and hard disk drive products, including encrypted and
biometric universal serial bus (USB) drives, encrypted and biometric hard disk drives, secure portable desktop solutions, and
software solutions, including products which contain various security features such as password authentication, encryption
and remote manageability, RDX cartridges and drives, and data protection and data archive appliances. Audio and video
information products include primarily audio electronics such as portable stereo systems, iPod®docking stations and
accessories and other accessories such as CD and DVD jewel cases and headphones.
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