Napa Auto Parts 2010 Annual Report Download - page 61

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Table of Contents


The Company’s electrical/electronic materials segment distributes a wide variety of electrical/electronic materials, including
insulating and conductive materials for use in electronic and electrical apparatus.
Inter-segment sales are not significant. Operating profit for each industry segment is calculated as net sales less operating expenses
excluding general corporate expenses, interest expense, equity in income from investees, amortization, and noncontrolling interests.
Approximately $68,200,000, $38,900,000, and $49,900,000 of income before income taxes was generated in jurisdictions outside the
United States for the years ended December 31, 2010, 2009, and 2008, respectively. Net sales and net long-lived assets by country relate
directly to the Company’s operations in the respective country. Corporate assets are principally cash and cash equivalents and
headquarters’ facilities and equipment.
For management purposes, net sales by segment exclude the effect of certain discounts, incentives, and freight billed to customers.
The line item “other” represents the net effect of the discounts, incentives, and freight billed to customers, which are reported as a
component of net sales in the Company’s consolidated statements of income.
F-26