Circuit City 2007 Annual Report Download - page 11

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Financial Information About Foreign and Domestic Operations
We conduct our business in North America (the United States and Canada) and Europe. Approximately 39.7% of our net sales during 2007 were
made by subsidiaries located outside of the United States. For information pertaining to our international operations, see Note 11, “Segment and
Related Information,” to the consolidated financial statements included in Item 15 of this Form 10-K. The following sets forth selected
information with respect to our operations in those two geographic markets (in thousands):
See Item 7, Management’s Discussions and Analysis of Financial Condition and Results of Operations, for further information with respect to
our operations.
Available Information
We maintain an internet website at www.systemax.com. We file reports with the Securities and Exchange Commission and make available free
of charge on or through this web site our annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K,
including all amendments to those reports. These are available as soon as is reasonably practicable after they are filed with the SEC. All reports
mentioned above are also available from the SEC’s web site (www.sec.gov). The information on our web site is not part of this or any other
report we file with, or furnish to, the SEC.
Our Board of Directors has adopted the following corporate governance documents with respect to the Company (the “Corporate Governance
Documents”):
•
Corporate Ethics Policy for officers, directors and employees
•
Charter for the Audit Committee of the Board of Directors
•
Charter for the Compensation Committee of the Board of Directors
•
Charter for the Nominating/Corporate Governance Committee of the Board of Directors
•
Corporate Governance Guidelines and Principles
In accordance with the corporate governance rules of the New York Stock Exchange, each of the Corporate Governance Documents is available
on our Company web site (www.systemax.com) or can be obtained by writing to Systemax Inc., Attention: Board of Directors (Corporate
Governance), 11 Harbor Park Drive, Port Washington, NY 11050.
9
North
Europe
America
Total
2007
Net sales
$
932,398
$
1,847,477
$
2,779,875
Operating income
$
13,345
$
82,159
$
95,504
Identifiable assets
$
185,110
$
488,761
$
673,871
2006
Net sales
$
743,906
$
1,601,259
$
2,345,165
Operating income
$
16,459
$
45,445
$
61,904
Identifiable assets
$
157,710
$
426,451
$
584,161
2005
Net sales
$
694,637
$
1,420,881
$
2,115,518
Operating income (loss)
$
(4,603
)
$
39,412
$
34,809
Identifiable assets
$
142,174
$
362,370
$
504,544