Anixter International Inc. Financial Statement Analysis
ANIXTER INTERNATIONAL INC.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - (Continued)
Year Ended December 29, 2017
(In millions)
NSS
EES
UPS
Corporate
Total
Amortization of intangible assets
$
(14.4) $
Restructuring charge
(8.4) $
0.5
(13.3) $
(0.1)
$ (36.1)
(0.4)
Acquisition and integration costs
(2.3)
(2.3)
Impairment of intangible assets
(5.7)
(5.7)
Total of items impacting operating expense and
operating income
$
(20.1) $
(7.9) $
(13.4) $
(2.7) $
(44.1)
Geographic Information
The Company attributes foreign sales based on the location of the customer purchasing the product. In North America
(U.S. and Canada), sales in the U.S. were $6,294.6 million, $6,004.7 million and $5,771.5 million in 2019, 2018 and 2017,
respectively. Canadian sales were $858.0 million, $837.4 million and $772.5 million in 2019, 2018 and 2017 respectively. No
other individual foreign country's net sales within EMEA or the Emerging Markets were material in 2019, 2018 and 2017. The
Company's tangible long-lived assets primarily consist of $147.9 million of property and equipment in the U.S. No other
individual foreign country's tangible long-lived assets are material.
The following table summarizes net sales by geographic areas for the years ended January 3, 2020, December 28, 2018
and December 29, 2017:
(In millions)
Sales
Net Sales
January 3, 2020
% of Total
Net Sales
Years Ended
December 28, 2018
Net Sales
% of Total
Net Sales
Net Sales
December 29, 2017
% of Total
Net Sales
North America
$
7,152.6
80.9% $
6,842.1
81.5 % $
6,544.0
EMEA
625.5
Emerging Markets
1,067.5
7.0 %
12.1 %
660.3
897.8
7.8 %
10.7 %
626.3
757.1
Net sales
$
8,845.6
100.0 % $
8,400.2
100.0 % $
7,927.4
82.5 %
7.9 %
9.6 %
100.0 %
The following table summarizes total assets and net property and equipment by geographic areas for the years ended
January 3, 2020 and December 28, 2018:
(In millions)
Total assets
North America
EMEA
Emerging Markets
Total assets
(In millions)
Net property and equipment
North America
January 3, 2020
December 28, 2018
$
3,861.1 $
3,709.4
299.2
302.2
648.6
641.5
$
4,808.9 $
4,653.1
January 3, 2020
December 28, 2018
156.2
144.2
EMEA
9.5
9.7
Emerging Markets
9.2
9.4
Net property and equipment
$
174.9
$
163.3
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