Henry Schein 2003 Annual Report Download - page 53

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HENRY SCHEIN, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
(In thousands, except share and per share data)
Note 11–Segment and Geographic Data
Our reportable segments are strategic business units that offer different products and services to the same customer base. We conduct
our business through two segments: healthcare distribution and technology.
Our healthcare distribution segment, which is comprised of our dental, medical (including veterinary) and international business groups,
distributes healthcare products (primarily consumable) and services primarily to office-based healthcare practitioners and professionals
in the United States, Canada and international markets. Products, which are similar for each business group, are maintained and
distributed from strategically located distribution centers.
Our technology segment consists primarily of our practice management software business and certain other value-added products and
services that are distributed primarily to healthcare professionals in the United States and Canada. Most of the technology business,
including members of its management, was acquired as a unit.
The following tables summarize information by business segment:
Years ended
December 27, December 28, December 29,
2003 2002 2001
Net Sales:
Healthcare distribution (1):
Dental (2) $1,364,812 $1,227,273 $1,121,394
Medical (3) 1,338,084 1,093,956 982,569
International (4) 576,628 437,046 398,071
Total healthcare distribution 3,279,524 2,758,275 2,502,034
Technology (5) 74,281 66,726 56,209
Total $3,353,805 $2,825,001 $2,558,243
(1) Consists of consumable products, small equipment, laboratory products, large dental equipment, branded and generic
pharmaceuticals, surgical products, diagnostic tests, infection control products and vitamins.
(2) Consists of products sold in the United States and Canada.
(3) Consists of products sold in the United States’ Medical and Veterinary markets.
(4) Consists of products sold in Dental, Medical and Veterinary markets, primarily in Europe.
(5) Consists of practice management software and other value-added products and services, which are distributed primarily to
healthcare professionals in the United States and Canada.
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