ZBRA » Topics » Note 12-Segment Information

This excerpt taken from the ZBRA 10-Q filed May 8, 2009.

Note 12 – Segment Information

Zebra has two reportable segments: Specialty Printing Group (SPG) and Zebra Enterprise Solutions (ZES). ZES was formerly known as Enterprise Solutions Group and has been renamed in 2009.

SPG includes direct thermal and thermal transfer label and receipt printers, passive radio frequency identification (RFID) printer/encoders, dye sublimation card printers and digital photo printers. Also included in this group is a comprehensive range of specialty supplies consisting of self-adhesive labels, thermal transfer ribbons, thermal printheads, batteries and other accessories, including software for label design and printer network management.

ZES has evolved over the last two years with the acquisitions of WhereNet Corp., proveo AG, Navis Holdings, LLC and Multispectral Solutions, Inc. The solutions that these companies provide are sold on a contract basis and are typically installed over several quarters. These contracts cover a range of services, including design, installation and ongoing maintenance services.

Zebra records its federal and state deferred tax assets and liabilities in corporate and other as reflected below. Intersegment sales are not significant.

Segment information is as follows (in thousands):

 

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Table of Contents
     Three Months Ended  
     April 4,
2009
    March 29,
2008
 

Net sales:

    

SPG

   $ 170,768     $ 224,751  

ZES

     21,841       21,526  
                

Total

   $ 192,609     $ 246,277  
                

Operating profit (loss):

    

SPG

   $ 33,999     $ 61,605  

ZES

     (3,359 )     (7,063 )

Corporate and other

     (16,466 )     (15,188 )
                

Total

   $ 14,174     $ 39,354  
     April 4,
2009
    December 31,
2008
 

Identifiable assets:

    

SPG

   $ 363,556     $ 376,515  

ZES

     187,017       190,572  

Corporate and other

     252,256       283,791  
                

Total

   $ 802,829     $ 850,878  
                

Corporate and other includes corporate administration costs or assets that support both reporting segments.

This excerpt taken from the ZBRA 10-Q filed Apr 30, 2008.

Note 12—Segment Information

As a result of the acquisitions of WhereNet Corp., proveo AG, and Navis Holdings, LLC, Zebra now has two reportable segments: Specialty Printing Group (SPG) and Enterprise Solutions Group (ESG).

SPG includes direct thermal and thermal transfer label and receipt printers, passive radio frequency identification (RFID) printer/encoders, dye sublimation card printers and digital photo printers. Also included in this group is a comprehensive range of specialty supplies consisting of self-adhesive labels, thermal transfer ribbons, thermal printheads, batteries and other accessories, including software for label design and printer network management.

ESG has evolved over the last year with the acquisitions of WhereNet Corp., proveo AG, and Navis Holdings, LLC. The solutions that these companies provide are sold on a contract basis and are typically installed over several quarters. These contracts cover a range of services, including design, installation and ongoing maintenance services.

Segment information is as follows (in thousands):

 

     Three Months Ended  
     March 29,
2008
    March 31,
2007
 
Net sales:     

SPG

   $ 224,751     $ 201,895  

ESG

     21,526       6,681  
                

Total

   $ 246,277     $ 208,576  
                
Operating profit (loss):     

SPG

   $ 61,605     $ 51,792  

ESG

     (7,063 )     (3,580 )

Corporate and other

     (15,188 )     (12,879 )
                

Total

   $ 39,354     $ 35,333  
                

 

     March 29,
2008
   December 31,
2007
Identifiable assets:      

SPG

   $ 393,319    $ 370,786

ESG

     324,478      320,689

Corporate and other

     348,809      342,803
             

Total

   $ 1,066,606    $ 1,034,278
             

Corporate and other includes corporate administration costs or assets that support both reporting segments.

 

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Table of Contents

Prior period amounts have been restated to conform to requirements of SFAS No. 131, Disclosures about Segments of and Enterprise and Related Information.

EXCERPTS ON THIS PAGE:

10-Q
May 8, 2009
10-Q
Apr 30, 2008
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