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Table of Contents CDW CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
Consolidating Statement of Operations
Year Ended December 31, 2012
(in millions) Parent
Guarantor
Subsidiary
Issuer
Guarantor
Subsidiaries
Non-Guarantor
Subsidiary
Co-Issuer
Consolidating
Adjustments
Consolidated
Net sales
$
—
$
—
$
9,683.0
$
445.2
$
—
$
—
$
10,128.2
Cost of sales
—
—
8,071.5
387.1
—
—
8,458.6
Gross profit
—
—
1,611.5
58.1
—
—
1,669.6
Selling and administrative expenses
—
103.7
891.6
34.2
—
—
1,029.5
Advertising expense
—
—
125.1
4.4
—
—
129.5
(Loss) income from operations
—
(
103.7
)
594.8
19.5
—
—
510.6
Interest (expense) income, net
—
(
308.0
)
0.4
0.2
—
—
(
307.4
)
Net loss on extinguishments of long-
term debt
—
(
17.2
)
—
—
—
—
(
17.2
)
Management fee
—
3.8
—
(
3.8
)
—
—
—
Other income (expense), net
—
—
0.2
(0.1
)
—
—
0.1
(Loss) income before income taxes
—
(
425.1
)
595.4
15.8
—
—
186.1
Income tax benefit (expense)
—
210.6
(272.6
)
(5.1
)
—
—
(
67.1
)
(Loss) income before equity in
earnings of subsidiaries
—
(
214.5
)
322.8
10.7
—
—
119.0
Equity in earnings of subsidiaries
119.0
333.5
—
—
—
(
452.5
)
—
Net income
$
119.0
$
119.0
$
322.8
$
10.7
$
—
$
(
452.5
)
$
119.0