CompUSA 2015 Annual Report Download - page 71

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Table of Contents
FinancialinformationrelatingtotheCompany’soperationsbygeographicareawasasfollows(inmillions):
Year Ended December 31,
2015   2014   2013
NetSales:     
UnitedStates  $ 676.8  $ 723.2 674.2
UnitedKingdom   335.7   471.9 468.5
France   382.6   383.2 335.4
OtherEurope   334.5   334.8 291.5
OtherNorthAmerica   125.1   191.1 205.8
Consolidated  $ 1,854.7  $ 2,104.2 1,975.4
      
Long-livedAssets:       
UnitedStates  $ 18.1  $ 17.1 $ 32.3
UnitedKingdom   15.6   17.5 18.7
France   1.1   0.8 0.9
OtherEuropeandAsia   3.5   5.5 6.4
OtherNorthAmerica   -   0.3 1.1
Consolidated  $ 38.3  $ 41.2 $ 59.4
Netsalesareattributedtocountriesbasedonlocationofsellingsubsidiary.
14. QUARTERLY FINANCIAL DATA (UNAUDITED)
Quarterlyfinancialdata,excludingdiscontinuedoperations,isasfollows(inmillions,exceptforpershareamounts):
First Quarter   Second Quarter   Third Quarter   Fourth Quarter
2015:          
Netsales  $ 512.1  $ 454.1  $ 423.2  $ 465.3
Grossprofit  $ 86.5  $ 87.0  $ 82.3  $ 86.9
Netincome(loss)  $ (18.6)  $ (19.9)  $ 1.8  $ (11.6)
Netlosspercommonshare:           
Basic  $ (0.50)  $ (0.54)  $ 0.05  $ (0.31)
Diluted  $ (0.50)  $ (0.54)  $ 0.05  $ (0.31)
          
2014:           
Netsales  $ 541.2  $ 505.6  $ 505.4  $ 552.0
Grossprofit  $ 98.2  $ 93.3  $ 89.9  $ 95.8
Netloss $ (0.3)  $ (7.5)  $ (2.4)  $ (21.8)
Netlosspercommonshare:           
Basic $ (0.01)  $ (0.20)  $ (0.06)  $ (0.59)
Diluted $ (0.01)  $ (0.20)  $ (0.06)  $ (0.59)
15. SUBSEQUENT EVENTS (UNAUDITED)
InJanuary2016PCMexerciseditsoption(forapproximately$0.4million)toacquiretheconsumercustomerlistsandrelatedinformationusedinconnectionwith
orgeneratedbytheNATGwebbusinessintheUnitedStates.InFebruary2016,theCompanyandPCMcompleteddeliveryoftheremainingassets.
Asofthisfiling,theCompanyhascompletedmostoftheNATGwinddownactivities,includingsellingitsremaininginventory,closingthetworemainingretail
storesandclosingitsremainingdistributioncenter;employeereductionswereprimarilycompletedinthefourthquarterof2015andthefirstquarterof2016and
currentlyapproximately30employeesremainattheMiamilocation.Theseemployeesareperformingwind-downactivitiesanditisanticipatedtheseactivities
willbesubstantiallycompletebytheendofthesecondquarterof2016;anyremainingactivitiesafterthatdatewillbeundertakenbytheCompany’sCorporate
functioninNewYork.TheCompanyanticipatescompletingallwinddownofremainingoperationsin2016,otherthansettlingofremainingleaseobligations.
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