CompUSA 2015 Annual Report Download - page 10

Table of Contents
Financial Information About Foreign And Domestic Operations
WecurrentlysellourproductsinNorthAmerica(theUnitedStates,PuertoRico,CanadaandMexico)andEurope.Approximately63.5%,65.6%,and65.9%of
ourGAAPnet salesfromcontinuingoperationsduring2015,2014and2013,respectively weremadebysubsidiarieslocated outsideoftheUnitedStates. For
informationpertainingtoourinternationaloperations,seeNote13,“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,excludingdiscontinuedoperations, inthosetwogeographic
markets(inmillions):
 
North
America   Europe and Asia   Total 
2015         
Netsales  $ 801.8  $ 1,052.9  $ 1,854.7
Operatingincome(loss)  $ (13.5)  $ (10.6)  $ (24.1)
Identifiableassets  $ 470.3  $ 239.8  $ 710.1
         
2014         
Netsales  $ 914.3  $ 1,189.9  $ 2,104.2
Operatingincome(loss)  $ 9.4  $ (23.1)  $ (13.7)
Identifiableassets  $ 582.9  $ 314.0  $ 896.9
         
2013         
Netsales  $ 880.0  $ 1,095.4  $ 1,975.4
Operatingincome(loss)  $ (5.1)  $ (5.7)  $ (10.8)
Identifiableassets  $ 610.2  $ 332.0  $ 942.2
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(“SEC”)andmakeavailablefreeofcharge
onorthroughthiswebsite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
website(www.sec.gov).Theinformationonourwebsite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listingstandardsoftheNewYorkStockExchange,eachoftheCorporateGovernanceDocumentsisavailableonourCompanywebsite
(www.systemax.com).
Item 1A. Risk Factors.
Thereareanumberoffactorsandvariablesdescribedbelowthatmayaffectourfutureresultsofoperationsandfinancialcondition.Otherfactorsofwhichweare
currentlynotawareorthatwecurrentlydeemimmaterialmayalsoaffectourresultsofoperationsandfinancialposition.
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