Crucial 2013 Annual Report Download - page 103

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102
Creditors of MP Mask have recourse only to the assets of MP Mask and do not have recourse to any other of our assets.
Through February 24, 2012, we leased to Photronics a facility to produce photomasks under an operating lease. On
February 24, 2012, we sold the facility to Photronics for $35 million. The proceeds were equal to our net carrying value and no
gain or loss was realized from the sale.
Segment Information
Segment information reported herein is consistent with how it is reviewed and evaluated by our chief operating decision
makers. Factors used to identify our segments include, among others, products, technologies and customers. We have the
following four reportable segments:
DRAM Solutions Group ("DSG"): Includes DRAM products sold to the PC, consumer electronics, networking and
server markets.
NAND Solutions Group ("NSG"): Includes high-volume NAND Flash products sold into data storage, personal music
players, and the high-density computing market, as well as NAND Flash products sold to Intel through our IM Flash
joint venture.
Wireless Solutions Group ("WSG"): Includes DRAM, NAND Flash and NOR Flash products, including multi-chip
packages, sold to the mobile device market.
Embedded Solutions Group ("ESG"): Includes DRAM, NAND Flash and NOR Flash products sold into automotive and
industrial applications, as well as NOR and NAND Flash sold to consumer electronics, networking, PC and server
markets.
Our other operations do not meet the quantitative thresholds of a reportable segment and are reported under All Other.
Certain operating expenses directly associated with the activities of a specific reportable segment are charged to that
segment. Other indirect operating expenses (income) are generally allocated to the reportable segments based on their
respective percentage of cost of goods sold or forecasted wafer production. In 2013, we reclassified the (gains) losses from
changes in currency exchange rates from other operating (income) expense, net to other non-operating income (expense), net in
the consolidated statements of income. As a result, the (gains) losses from changes in currency exchange rates have been
reclassified out of operating income (loss) for our segments for 2012 and 2011.
We do not identify or report internally our assets or capital expenditures by segment, nor do we allocate gains and losses
from equity method investments, interest, other non-operating income or expense items or taxes to operating segments. There
are no differences in the accounting policies for segment reporting and our consolidated results of operations.
For the year ended 2013 2012 2011
Net sales:
DSG $ 3,519 $ 2,691 $ 3,203
NSG 2,841 2,853 2,196
WSG 1,221 1,184 1,959
ESG 1,194 1,054 1,002
All Other 298 452 428
$ 9,073 $ 8,234 $ 8,788
Operating income (loss):
DSG $ 143 $ (494) $ 290
NSG 201 205 276
WSG (263)(368) 19
ESG 271 158 236
All Other (116)(113)(60)
$ 236 $ (612) $ 761