Memorex 2007 Annual Report Download - page 107

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Net revenue and operating income were as follows:
2007 2006 2005
Years Ended December 31,
(In millions)
Net Revenue
Americas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 959.3 $ 838.9 $ 577.3
Europe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 655.7 524.3 456.2
Asia Pacific . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 328.9 221.5 224.6
Electronic Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118.1 — —
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,062.0 $1,584.7 $1,258.1
Operating Income
Americas . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 82.1 $ 128.9 $ 108.0
Europe . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45.2 48.1 51.3
Asia Pacific . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23.5 17.1 16.1
Electronic Products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5.5 — —
Corporate and unallocated . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (189.3) (85.9) (72.1)
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ (33.0) $ 108.2 $ 103.3
We have not provided specific asset information by segment, as it is not regularly provided to our chief operating
decision maker for review. Corporate and unallocated amounts above include a non-cash goodwill impairment charge of
$94.1 million for the year ended December 31, 2007 as well as restructuring and other costs of $33.3 million, $11.9 million
and $1.2 million for the years ended December 31, 2007, 2006 and 2005, respectively.
We have five major product categories: optical, magnetic, flash media, electronic products and accessories and other.
Net revenue by product category was as follows:
2007 2006 2005
Years Ended December 31,
(In millions)
Optical products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 954.2 $ 680.3 $ 450.7
Magnetic products. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 703.9 660.8 700.5
Flash media products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 157.1 146.6 57.8
Electronic products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118.1 — —
Accessories and other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128.7 97.0 49.1
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,062.0 $1,584.7 $1,258.1
The following tables present net revenue and long-lived assets by geographical region:
2007 2006 2005
Years Ended December 31,
(In millions)
Net Revenue
United States . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 958.2 $ 722.7 $ 450.9
International . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,103.8 862.0 807.2
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,062.0 $1,584.7 $1,258.1
78
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)