Insight Enterprises (NSIT) 10-Q 30 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 24, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	NSIT
Entity Registrant Name	INSIGHT ENTERPRISES INC
Entity Central Index Key	932,696
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		37,089,910

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 175,508	$ 164,524
Accounts receivable, net of allowance for doubtful accounts of $18,555 and $19,336, respectively	1,459,277	1,309,209
Inventories	170,298	122,573
Inventories not available for sale	44,351	45,261
Deferred income taxes	13,748	13,385
Other current assets	71,643	62,920
Total current assets	1,934,825	1,717,872
Property and equipment, net of accumulated depreciation and amortization of $282,482 and $269,394, respectively	96,361	104,181
Goodwill	26,257	26,257
Intangible assets, net of accumulated amortization of $89,771 and $86,053, respectively	17,863	23,567
Deferred income taxes	57,956	58,620
Other assets	19,333	17,626
Total assets	2,152,595	1,948,123
Current liabilities:
Accounts payable-trade	1,069,354	819,916
Accounts payable-inventory financing facility	150,952	122,781
Accrued expenses and other current liabilities	138,336	144,561
Current portion of long-term debt	1,400	766
Deferred revenue	50,473	50,904
Total current liabilities	1,410,515	1,138,928
Long-term debt	51,291	62,535
Deferred income taxes	702	940
Other liabilities	24,712	24,489
Total liabilities	$ 1,487,220	$ 1,226,892
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 3,000 shares authorized; no shares issued
Common stock, $0.01 par value, 100,000 shares authorized; 37,283 shares at June 30, 2015 and 40,147 shares at December 31, 2014 issued and outstanding	$ 373	$ 401
Additional paid-in capital	314,126	337,167
Retained earnings	373,578	396,992
Accumulated other comprehensive loss - foreign currency translation adjustments	(22,702)	(13,329)
Total stockholders' equity	665,375	721,231
Total liabilities and stockholders' equity	$ 2,152,595	$ 1,948,123

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 18,555	$ 19,336
Accumulated depreciation of property and equipment	282,482	269,394
Accumulated amortization of intangible assets	$ 89,771	$ 86,053
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	3,000,000	3,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	37,283,000	40,147,000
Common stock, shares outstanding	37,283,000	40,147,000

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 1,424,031	$ 1,417,897	$ 2,643,710	$ 2,632,427
Costs of goods sold	1,232,616	1,223,298	2,290,482	2,274,083
Gross profit	191,415	194,599	353,228	358,344
Operating expenses:
Selling and administrative expenses	148,004	147,810	288,800	290,239
Severance and restructuring expenses	372	310	1,095	647
Earnings from operations	43,039	46,479	63,333	67,458
Non-operating (income) expense:
Interest income	(192)	(333)	(346)	(582)
Interest expense	1,718	1,501	3,456	2,959
Net foreign currency exchange loss	20	461	633	957
Other expense, net	281	443	612	692
Earnings before income taxes	41,212	44,407	58,978	63,432
Income tax expense	15,713	17,158	22,528	24,633
Net earnings	$ 25,499	$ 27,249	$ 36,450	$ 38,799
Net earnings per share:
Basic	$ 0.67	$ 0.67	$ 0.94	$ 0.94
Diluted	$ 0.67	$ 0.66	$ 0.93	$ 0.93
Shares used in per share calculations:
Basic	38,067	40,951	38,870	41,292
Diluted	38,326	41,228	39,160	41,573

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net earnings	$ 25,499	$ 27,249	$ 36,450	$ 38,799
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	7,509	4,548	(9,373)	4,477
Total comprehensive income	$ 33,008	$ 31,797	$ 27,077	$ 43,276

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net earnings	$ 36,450	$ 38,799
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	19,001	20,781
Non-cash real estate impairment		4,558
Provision for losses on accounts receivable	1,962	2,344
Write-downs of inventories	1,473	845
Write-off of property and equipment		487
Non-cash stock-based compensation	4,627	3,684
Excess tax benefit from employee gains on stock-based compensation	(543)	(423)
Deferred income taxes	94	(422)
Changes in assets and liabilities:
Increase in accounts receivable	(167,600)	(61,142)
Increase in inventories	(48,376)	(34,696)
Increase in other current assets	(9,447)	(7,884)
(Increase) decrease in other assets	(2,095)	6,987
Increase in accounts payable	263,120	133,294
(Decrease) increase in deferred revenue	(438)	9,883
Decrease in accrued expenses and other liabilities	(1,904)	(13,380)
Net cash provided by operating activities	96,324	103,715
Cash flows from investing activities:
Purchases of property and equipment	(6,552)	(5,342)
Net cash used in investing activities	(6,552)	(5,342)
Cash flows from financing activities:
Borrowings on senior revolving credit facility	243,910	218,492
Repayments on senior revolving credit facility	(227,410)	(234,992)
Borrowings on accounts receivable securitization financing facility	781,100	392,000
Repayments on accounts receivable securitization financing facility	(808,100)	(417,000)
Borrowings under other financing agreements		2,002
Payments on capital lease obligation	(110)	(108)
Net borrowings (repayments) under inventory financing facility	28,171	(6,557)
Payment of deferred financing fees		(200)
Excess tax benefit from employee gains on stock-based compensation	543	423
Payment of payroll taxes on stock-based compensation through shares withheld	(2,117)	(1,624)
Repurchases of common stock	(85,951)	(29,652)
Net cash used in financing activities	(69,964)	(77,216)
Foreign currency exchange effect on cash and cash equivalent balances	(8,824)	1,953
Increase in cash and cash equivalents	10,984	23,110
Cash and cash equivalents at beginning of period	164,524	126,817
Cash and cash equivalents at end of period	$ 175,508	$ 149,927

Basis of Presentation and Recen

Basis of Presentation and Recently Issued Accounting Standards	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Recently Issued Accounting Standards	1. Basis of Presentation and Recently Issued Accounting Standards We are a leading worldwide technology provider of integrated solutions to business and government clients. The Company is organized in the following three operating segments, which are primarily defined by their related geographies: Operating Segment Geography North America United States and Canada EMEA Europe, Middle East and Africa APAC Asia-Pacific Our offerings in North America and select countries in EMEA include hardware, software and services. Our offerings in the remainder of our EMEA segment and in APAC are largely software and select software-related services. In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments necessary to present fairly our financial position as of June 30, 2015, our results of operations for the three and six months ended June 30, 2015 and 2014 and our cash flows for the six months ended June 30, 2015 and 2014. The consolidated balance sheet as of December 31, 2014 was derived from the audited consolidated balance sheet at such date. The accompanying unaudited consolidated financial statements and notes have been prepared in accordance with the rules and regulations promulgated by the Securities and Exchange Commission and consequently do not include all of the disclosures normally required by United States generally accepted accounting principles (“GAAP”). The results of operations for interim periods are not necessarily indicative of results for the full year, due in part to the seasonal nature of our business. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements, including the related notes thereto, in our Annual Report on Form 10-K for the year ended December 31, 2014. The consolidated financial statements include the accounts of Insight Enterprises, Inc. and its wholly owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. References to “the Company,” “Insight,” “we,” “us,” “our” and other similar words refer to Insight Enterprises, Inc. and its consolidated subsidiaries, unless the context suggests otherwise. The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements. Additionally, these estimates and assumptions affect the reported amounts of net sales and expenses during the reporting period. Actual results could differ from those estimates. On an ongoing basis, we evaluate our estimates, including those related to sales recognition, anticipated achievement levels under partner funding programs, assumptions related to stock-based compensation valuation, allowances for doubtful accounts, valuation of inventories, litigation-related obligations, valuation allowances for deferred tax assets and impairment of long-lived assets, including purchased intangibles and goodwill, if indicators of potential impairment exist. Recently Issued Accounting Standards On April 7, 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest–Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Cost.” ASU 2015-03 is designed to simplify presentation of debt issuance costs. The standard requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The amortization of debt issuance costs also shall be reported as interest expense. ASU 2015-03 is effective for the fiscal year beginning after December 15, 2015, including interim reporting periods within that reporting period. Early adoption is permitted for financial statements that have not been previously issued and retrospective application is required for each balance sheet presented. The new standard is not expected to have a material effect on our financial statements. On May 28, 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers,” which amends the existing accounting standards for revenue recognition. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The original effective date for ASU 2014-09 would have required the Company to adopt the new standard beginning in its first quarter of 2017. In July 2015, the FASB voted to amend ASU 2014-09 by approving a one-year deferral of the mandatory effective date as well as providing the option to early adopt the standard on the original effective date. Accordingly, the Company may adopt the standard in either its first quarter of 2017 or 2018. An entity may choose to adopt the new standard either retrospectively or through a cumulative effect adjustment as of the start of the first period for which it applies the new standard. We are in the process of determining the timing of our adoption and the effect that the adoption will have on our consolidated financial statements. We have not yet selected our planned transition approach. There have been no other material changes or additions to the recently issued accounting standards as previously reported in Note 1 to our Consolidated Financial Statements in Part II, Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2014 that affect or may affect our financial statements.

Net Earnings Per Share ("EPS")

Net Earnings Per Share ("EPS")	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Net Earnings Per Share ("EPS")	2. Net Earnings Per Share (“EPS”) Basic EPS is computed by dividing net earnings available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted EPS is computed on the basis of the weighted average number of shares of common stock plus the effect of dilutive potential common shares outstanding during the period using the treasury stock method. Dilutive potential common shares include outstanding restricted stock units. A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Numerator: Net earnings $ 25,499 $ 27,249 $ 36,450 $ 38,799 Denominator: Weighted average shares used to compute basic EPS 38,067 40,951 38,870 41,292 Dilutive potential common shares due to dilutive restricted stock units, net of tax effect 259 277 290 281 Weighted average shares used to compute diluted EPS 38,326 41,228 39,160 41,573 Net earnings per share: Basic $ 0.67 $ 0.67 $ 0.94 $ 0.94 Diluted $ 0.67 $ 0.66 $ 0.93 $ 0.93 There were no anti-dilutive restricted stock units for the three and six months ended June 30, 2015. For the three and six months ended June 30, 2014, 1,000 and 31,000, respectively, of our restricted stock units were not included in the diluted EPS calculations because their inclusion would have been anti-dilutive. These share-based awards could be dilutive in the future.

Debt, Inventory Financing Facil

Debt, Inventory Financing Facility, Capital Lease and Other Financing Obligations	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt, Inventory Financing Facility, Capital Lease and Other Financing Obligations	3. Debt, Inventory Financing Facility, Capital Lease and Other Financing Obligations Debt Our long-term debt consists of the following (in thousands): June 30, December 31, 2014 Senior revolving credit facility $ 16,500 $ — Accounts receivable securitization financing facility 34,000 61,000 Capital lease and other financing obligations 2,191 2,301 Total 52,691 63,301 Less: current portion of capital lease and other financing obligations (1,400 ) (766 ) Less: current portion of revolving credit facilities — — Long-term debt $ 51,291 $ 62,535 Our senior revolving credit facility (“revolving facility”) has an aggregate U.S. dollar equivalent maximum borrowing capacity of $350,000,000 and matures on April 26, 2017. The balance outstanding at June 30, 2015 was borrowed under the prime rate option at 3.25% per annum. See “Debt Covenants” below for a discussion of our aggregate maximum borrowing capacity. Our accounts receivable securitization financing facility (the “ABS facility”) has a maximum borrowing capacity of $200,000,000 and matures on June 30, 2017. While the ABS facility has a stated maximum amount, the actual availability under the ABS facility is limited by the quantity and quality of the underlying accounts receivable. Under the ABS facility, the floating interest rate applicable at June 30, 2015 was 1.09% per annum. As of June 30, 2015, qualified receivables were sufficient to permit access to the full $200,000,000 facility amount, of which $34,000,000 was outstanding. See “Debt Covenants” below for a discussion of our aggregate maximum borrowing capacity. Debt Covenants Our revolving facility and our ABS facility contain various covenants customary for transactions of this type, including limitations on the payment of dividends and the requirement that we comply with maximum leverage, minimum fixed charge and minimum asset coverage ratio requirements and meet monthly, quarterly and annual reporting requirements. If we fail to comply with these covenants, the lenders would be able to demand payment within a specified time period. At June 30, 2015, we were in compliance with all such covenants. Further, the terms of the ABS facility identify various circumstances that would result in an amortization event under the facility that affords the lenders specified remedies upon the occurrence and during the continuation of such an event. At June 30, 2015, no such amortization event had occurred. Our consolidated debt balance that can be outstanding at the end of any fiscal quarter under our revolving facility and our ABS facility is limited by certain financial covenants, particularly a maximum leverage ratio. The maximum leverage ratio is calculated as aggregate debt outstanding divided by the sum of our trailing twelve month net earnings (loss) plus (i) interest expense, excluding non-cash imputed interest on our inventory financing facility, (ii) income tax expense (benefit), (iii) depreciation and amortization and (iv) non-cash stock-based compensation (“adjusted earnings”). The maximum leverage ratio permitted under the facilities is 2.75 times trailing twelve-month adjusted earnings. A significant drop in our adjusted earnings would limit the amount of indebtedness that could be outstanding at the end of any fiscal quarter to a level that would be below our consolidated maximum facility amount. Based on our maximum leverage ratio as of June 30, 2015, our aggregate debt balance that could have been outstanding under our revolving facility and our ABS facility was reduced from the maximum borrowing capacity of $550,000,000 to $470,378,000, of which $50,500,000 was outstanding at June 30, 2015. Inventory Financing Facility Our inventory financing facility matures on April 26, 2017 and, effective July 2, 2015, was amended to increase our maximum borrowing capacity from $200,000,000 to $250,000,000, of which $150,952,000 was outstanding at June 30, 2015. Capital Lease and Other Financing Obligations The present value of minimum lease payments under our capital lease, which expires on December 31, 2016, is included in our current and long-term debt balances as summarized in the table above. From time to time, we also enter into other financing agreements with financial intermediaries to facilitate the purchase of products from certain vendors. At June 30, 2015 and December 31, 2014, amounts owed under other financing agreements of $1,852,000, which are payable in installments through August 2016, are included in our current and long-term debt balances as summarized in the table above.

Severance and Restructuring Act

Severance and Restructuring Activities	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Severance and Restructuring Activities	4. Severance and Restructuring Activities During the three and six months ended June 30, 2015, we recorded severance expense associated with the realignment of certain roles and responsibilities. The following table details the activity related to resource actions for the six months ended June 30, 2015 and the outstanding obligations as of June 30, 2015 (in thousands): North America EMEA Consolidated Balances at December 31, 2014 $ 857 $ 2,971 $ 3,828 Severance costs, net of adjustments 255 840 1,095 Cash payments (867 ) (1,681 ) (2,548 ) Foreign currency translation adjustments (22 ) (229 ) (251 ) Balances at June 30, 2015 $ 223 $ 1,901 $ 2,124 Adjustments were recorded as a reduction to severance and restructuring expense in North America and EMEA of $414,000 and $164,000, respectively, in the six months ended June 30, 2015, due to changes in estimates. The remaining outstanding obligations are expected to be paid during the next 12 months and, therefore, are included in accrued expenses and other current liabilities.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	5. Stock-Based Compensation By operating segment, we recorded the following pre-tax amounts for stock-based compensation, net of estimated forfeitures, related to restricted stock units (“RSUs”) in selling and administrative expenses in our consolidated financial statements (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 North America $ 1,724 $ 1,478 $ 3,455 $ 2,839 EMEA 484 383 986 718 APAC 96 65 186 127 Total Consolidated $ 2,304 $ 1,926 $ 4,627 $ 3,684 As of June 30, 2015, total compensation cost not yet recognized related to nonvested RSUs is $18,691,000, which is expected to be recognized over the next 1.41 years on a weighted-average basis. The following table summarizes our RSU activity during the six months ended June 30, 2015: Number Weighted Average Grant Date Fair Value Fair Value Nonvested at January 1, 2015 888,967 $ 22.06 Granted (a) 419,549 26.26 Vested, including shares withheld to cover taxes (322,564 ) 21.58 $ 8,586,951 (c) Forfeited (29,196 ) 22.40 Nonvested at June 30, 2015 (b) 956,756 24.06 $ 28,616,572 (d) Expected to vest 853,517 $ 25,528,693 (d) (a) Includes 131,389 RSUs subject to remaining performance conditions. The number of RSUs ultimately awarded under the performance-based RSUs varies based on whether we achieve certain financial results for 2015. (b) Includes 129,473 nonvested RSUs subject to remaining performance conditions. During the six months ended June 30, 2015, 1,916 RSUs subject to performance conditions were forfeited prior to the satisfaction of the performance condition and the completion of the related requisite service period. (c) The fair value of vested RSUs represents the total pre-tax fair value, based on the closing stock price on the day of vesting, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date. (d) The aggregate fair value represents the total pre-tax fair value, based on our closing stock price of $29.91 as of June 30, 2015, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date.

Impairment Loss on Assets Held

Impairment Loss on Assets Held for Sale	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Impairment Loss on Assets Held for Sale	6. Impairment Loss on Assets Held for Sale In November 2014, we relocated our sales and administrative operations that were housed in the property that we own in Bloomingdale, Illinois. The property is classified as a held for sale asset, which is included in other current assets in the accompanying consolidated balance sheets as of June 30, 2015 and December 31, 2014. During the second quarter of 2014, our North America operating segment recorded non-cash charges of $5,178,000, consisting of an impairment loss of $4,558,000 and accelerated depreciation of $620,000, to reduce the carrying amount of the related assets to their estimated fair value less costs to sell. The estimated fair market value was derived from Level 2 fair value inputs (observable market based inputs or unobservable inputs that are corroborated by market data), which included a current market analysis indicating the price per square foot of previous sale transactions involving comparable property in the Bloomingdale area. The charges are included in selling and administrative expenses in the accompanying consolidated statement of operations for the three and six months ended June 30, 2014.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	7. Income Taxes Our effective tax rate for the three and six months ended June 30, 2015 was 38.1% and 38.2%, respectively. For the three and six months ended June 30, 2015, our effective tax rate was higher than the United States federal statutory rate of 35.0% due primarily to state income taxes, net of federal benefit. Additionally, the effect of lower taxes on earnings in foreign jurisdictions was offset partially by higher losses in certain foreign jurisdictions in the 2015 periods, resulting in an increase in the valuation allowance for deferred tax assets related to these foreign operating losses. Our effective tax rate for the three and six months ended June 30, 2014 was 38.6% and 38.8%, respectively. For the three and six months ended June 30, 2014, our effective tax rate was higher than the United States federal statutory rate of 35.0% due primarily to an increase in the valuation allowance for deferred tax assets related to certain foreign operating losses and foreign tax credits and to state income taxes, net of federal benefit. These increases in the effective rate were partially offset by the effect of lower taxes on earnings in foreign jurisdictions. As of June 30, 2015 and December 31, 2014, we had approximately $4,536,000 and $4,306,000, respectively, of unrecognized tax benefits. Of these amounts, approximately $413,000 and $336,000, respectively, related to accrued interest. Several of our subsidiaries are currently under audit for tax years 2006 through 2013. Although the timing of the resolutions and/or closures of audits is highly uncertain, it is reasonably possible that the examination phase of these audits may be concluded within the next 12 months which could significantly increase or decrease the balance of our gross unrecognized tax benefits. Based on the status of the various examinations in multiple jurisdictions, however, an estimate of the range of reasonably possible outcomes cannot be made at this time, but the estimated effect on our income tax expense and net earnings is not expected to be significant.

Derivative Financial Instrument

Derivative Financial Instruments	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	8. Derivative Financial Instruments We use derivatives to partially offset our exposure to fluctuations in certain foreign currencies. We do not enter into derivatives for speculative or trading purposes. Derivatives are recorded at fair value on the balance sheet based on observable market based inputs or unobservable inputs that are corroborated by market data (Level 2). Gains or losses resulting from changes in fair value of the derivative are recorded currently in income. We do not designate our hedges for hedge accounting, and our foreign currency derivative instruments are not subject to any master netting arrangements with our counterparties. Our derivative financial instruments as of June 30, 2015 were not material. The effect of our derivative financial instruments on our results of operations during the three months ended June 30, 2015 and 2014 were gains of $983,000 and $117,000, respectively, and during the six months ended June 30, 2015 and 2014 were a gain of $36,000 and a loss of $108,000, respectively. These amounts are reported within the net foreign currency exchange loss line item in our consolidated statements of operations.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	9. Fair Value Measurements As of June 30, 2015, we have no non-financial assets or liabilities that are measured and recorded at fair value on a recurring basis, and our other financial assets or liabilities generally consist of cash and cash equivalents, accounts receivable, accounts payable and accrued expenses and other current liabilities. The estimated fair values of our cash and cash equivalents approximate their carrying values and are determined based on quoted prices in active markets for identical assets (Level 1). The fair values of the other financial assets and liabilities are based on the values that would be received or paid in an orderly transaction between market participants and approximate their carrying values due to their nature and short duration.

Share Repurchase Programs

Share Repurchase Programs	6 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Share Repurchase Programs	10. Share Repurchase Programs In October 2013, October 2014 and February 2015, our Board of Directors authorized share repurchase programs of $50,000,000, $25,000,000 and $75,000,000, respectively. During the six months ended June 30, 2015, we purchased 3,106,528 shares of our common stock on the open market at a total cost of approximately $85,951,000 (an average price of $27.67 per share). All shares repurchased were retired. In early July 2015, we completed repurchases using the remaining $5,892,000 available under our share repurchase programs, and all shares repurchased were retired. During the comparative six months ended June 30, 2014, we purchased 1,272,299 shares of our common stock on the open market at a total cost of approximately $29,652,000 (an average price of $23.31 per share). All shares repurchased were retired.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	11. Commitments and Contingencies Contractual In the ordinary course of business, we issue performance bonds to secure our performance under certain contracts or state tax requirements. As of June 30, 2015, we had an immaterial amount of performance bonds outstanding. These bonds are issued on our behalf by a surety company on an unsecured basis; however, if the surety company is ever required to pay out under the bonds, we have contractually agreed to reimburse the surety company. Employment Contracts and Severance Plans We have employment contracts with, and plans covering, certain officers and management teammates under which severance payments would become payable in the event of specified terminations without cause or terminations under certain circumstances after a change in control. In addition, vesting of outstanding nonvested RSUs would accelerate following a change in control. If severance payments under the current employment agreements or plan payments were to become payable, the severance payments would generally range from three to twenty-four months of salary. Indemnifications From time to time, in the ordinary course of business, we enter into contractual arrangements under which we agree to indemnify either our clients or third-party service providers from certain losses incurred relating to services performed on our behalf or for losses arising from defined events, which may include litigation or claims relating to past performance. These arrangements include, but are not limited to, the indemnification of our clients for certain claims arising out of our performance under our sales contracts, the indemnification of our landlords for certain claims arising from our use of leased facilities and the indemnification of the lenders that provide our credit facilities for certain claims arising from their extension of credit to us. Such indemnification obligations may not be subject to maximum loss clauses. Management believes that payments, if any, related to these indemnifications are not probable at June 30, 2015. Accordingly, we have not accrued any liabilities related to such indemnifications in our consolidated financial statements. We have entered into separate indemnification agreements with certain of our executive officers and with each of our directors. These agreements require us, among other requirements, to indemnify such officers and directors against expenses (including attorneys’ fees), judgments and settlements incurred by such individual in connection with any action arising out of such individual’s status or service as our executive officer or director (subject to exceptions such as where the individual failed to act in good faith or in a manner the individual reasonably believed to be in, or not opposed to, the best interests of the Company) and to advance expenses incurred by such individual with respect to which such individual may be entitled to indemnification by us. There are no pending legal proceedings that involve the indemnification of any of the Company’s directors or officers. Contingencies Related to Third-Party Review From time to time, we are subject to potential claims and assessments from third parties. We are also subject to various governmental, client and vendor audits. We continually assess whether or not such claims have merit and warrant accrual. Where appropriate, we accrue estimates of anticipated liabilities in the consolidated financial statements. Such estimates are subject to change and may affect our results of operations and our cash flows. Legal Proceedings From time to time, we are party to various legal proceedings arising in the ordinary course of business, including preference payment claims asserted in client bankruptcy proceedings, indemnification claims, claims of alleged infringement of patents, trademarks, copyrights and other intellectual property rights, claims of alleged non-compliance with contract provisions and claims related to alleged violations of laws and regulations. Many of these proceeding are at preliminary stages, and many of these proceedings seek an indeterminate amount of damages. We regularly evaluate the status of the legal proceedings in which we are involved to assess whether a loss is probable or there is a reasonable possibility that a loss, or an additional loss, may have been incurred and determine if accruals are appropriate. If accruals are not appropriate, we further evaluate each legal proceeding to assess whether an estimate of possible loss or range of possible loss can be made for disclosure. Although litigation is inherently unpredictable, we believe that we have adequate provisions for any probable and estimable losses. It is possible, nevertheless, that our consolidated financial position, results of operations or liquidity could be materially and adversely affected in any particular period by the resolution of a legal proceeding. Legal expenses related to defense, negotiations, settlements, rulings and advice of outside legal counsel are expensed as incurred. The Company is not involved in any pending or threatened legal proceedings that it believes could reasonably be expected to have a material adverse effect on its business, financial condition or results of operations.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Information	12. Segment Information We operate in three reportable geographic operating segments: North America; EMEA; and APAC. Our offerings in North America and select countries in EMEA include hardware, software and services. Our offerings in the remainder of our EMEA segment and in APAC are largely software and select software-related services. Net sales by product or service type for North America, EMEA and APAC were as follows for the three and six months ended June 30, 2015 and 2014 (in thousands): North America EMEA APAC Three Months Ended June 30, Three Months Ended June 30, Three Months Ended June 30, Sales Mix 2015 2014 2015 2014 2015 2014 Hardware $ 587,563 $ 527,187 $ 121,410 $ 139,423 $ 3,651 $ 4,043 Software 326,192 310,838 250,055 297,014 59,356 74,915 Services 64,895 51,227 9,161 10,420 1,748 2,830 $ 978,650 $ 889,252 $ 380,626 $ 446,857 $ 64,755 $ 81,788 North America EMEA APAC Six Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, Sales Mix 2015 2014 2015 2014 2015 2014 Hardware $ 1,092,815 $ 1,015,597 $ 267,394 $ 291,277 $ 5,577 $ 5,634 Software 584,684 557,009 448,515 525,429 98,178 117,734 Services 123,860 97,328 19,559 18,094 3,128 4,325 $ 1,801,359 $ 1,669,934 $ 735,468 $ 834,800 $ 106,883 $ 127,693 All significant intercompany transactions are eliminated upon consolidation, and there are no differences between the accounting policies used to measure profit and loss for our segments and on a consolidated basis. Net sales are defined as net sales to external clients. None of our clients exceeded ten percent of consolidated net sales for the three or six months ended June 30, 2015 or 2014. A portion of our operating segments’ selling and administrative expenses arise from shared services and infrastructure that we have historically provided to them in order to realize economies of scale and to use resources efficiently. These expenses, collectively identified as corporate charges, include senior management expenses, internal audit, legal, tax, insurance services, treasury and other corporate infrastructure expenses. Charges are allocated to our operating segments, and the allocations have been determined on a basis that we considered to be a reasonable reflection of the utilization of services provided to or benefits received by the operating segments. The tables below present information about our reportable operating segments as of and for the three months ended June 30, 2015 and 2014 (in thousands): Three Months Ended June 30, 2015 North America EMEA APAC Consolidated Net sales $ 978,650 $ 380,626 $ 64,755 $ 1,424,031 Costs of goods sold 850,434 327,811 54,371 1,232,616 Gross profit 128,216 52,815 10,384 191,415 Operating expenses: Selling and administrative expenses 99,033 42,754 6,217 148,004 Severance and restructuring expenses (150 ) 522 — 372 Earnings from operations $ 29,333 $ 9,539 $ 4,167 $ 43,039 Total assets at period end $ 2,019,482 $ 602,410 $ 172,308 $ 2,794,200 * * Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $641,605,000. Three Months Ended June 30, 2014 North America EMEA APAC Consolidated Net sales $ 889,252 $ 446,857 $ 81,788 $ 1,417,897 Costs of goods sold 764,214 390,771 68,313 1,223,298 Gross profit 125,038 56,086 13,475 194,599 Operating expenses: Selling and administrative expenses 94,558 46,030 7,222 147,810 Severance and restructuring expenses (14 ) 215 109 310 Earnings from operations $ 30,494 $ 9,841 $ 6,144 $ 46,479 Total assets at period end $ 1,687,341 $ 623,873 $ 194,982 $ 2,506,196 ** ** Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $529,621,000. The tables below present information about our reportable operating segments as of and for the six months ended June 30, 2015 and 2014 (in thousands): Six Months Ended June 30, 2015 North America EMEA APAC Consolidated Net sales $ 1,801,359 $ 735,468 $ 106,883 $ 2,643,710 Costs of goods sold 1,561,627 637,842 91,013 2,290,482 Gross profit 239,732 97,626 15,870 353,228 Operating expenses: Selling and administrative expenses 191,435 85,511 11,854 288,800 Severance and restructuring expenses 255 840 — 1,095 Earnings from operations $ 48,042 $ 11,275 $ 4,016 $ 63,333 Total assets at period end $ 2,019,482 $ 602,410 $ 172,308 $ 2,794,200 * * Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $641,605,000. Six Months Ended June 30, 2014 North America EMEA APAC Consolidated Net sales $ 1,669,934 $ 834,800 $ 127,693 $ 2,632,427 Costs of goods sold 1,437,483 729,393 107,207 2,274,083 Gross profit 232,451 105,407 20,486 358,344 Operating expenses: Selling and administrative expenses 183,739 93,135 13,365 290,239 Severance and restructuring expenses 63 475 109 647 Earnings from operations $ 48,649 $ 11,797 $ 7,012 $ 67,458 Total assets at period end $ 1,687,341 $ 623,873 $ 194,982 $ 2,506,196 ** ** Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $529,621,000. We recorded the following pre-tax amounts, by operating segment, for depreciation and amortization in the accompanying consolidated financial statements (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 North America $ 7,547 $ 8,372 $ 15,188 $ 16,044 EMEA 1,682 2,153 3,367 4,330 APAC 230 230 446 407 Total $ 9,459 $ 10,755 $ 19,001 $ 20,781

Basis of Presentation and Rec19

Basis of Presentation and Recently Issued Accounting Standards (Policies)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards On April 7, 2015, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2015-03, “Interest–Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Cost.” ASU 2015-03 is designed to simplify presentation of debt issuance costs. The standard requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The amortization of debt issuance costs also shall be reported as interest expense. ASU 2015-03 is effective for the fiscal year beginning after December 15, 2015, including interim reporting periods within that reporting period. Early adoption is permitted for financial statements that have not been previously issued and retrospective application is required for each balance sheet presented. The new standard is not expected to have a material effect on our financial statements. On May 28, 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers,” which amends the existing accounting standards for revenue recognition. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The original effective date for ASU 2014-09 would have required the Company to adopt the new standard beginning in its first quarter of 2017. In July 2015, the FASB voted to amend ASU 2014-09 by approving a one-year deferral of the mandatory effective date as well as providing the option to early adopt the standard on the original effective date. Accordingly, the Company may adopt the standard in either its first quarter of 2017 or 2018. An entity may choose to adopt the new standard either retrospectively or through a cumulative effect adjustment as of the start of the first period for which it applies the new standard. We are in the process of determining the timing of our adoption and the effect that the adoption will have on our consolidated financial statements. We have not yet selected our planned transition approach. There have been no other material changes or additions to the recently issued accounting standards as previously reported in Note 1 to our Consolidated Financial Statements in Part II, Item 8 of our Annual Report on Form 10-K for the year ended December 31, 2014 that affect or may affect our financial statements.

Net Earnings Per Share ("EPS")

Net Earnings Per Share ("EPS") (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Reconciliation of Denominators of Basic and Diluted EPS Calculations	A reconciliation of the denominators of the basic and diluted EPS calculations follows (in thousands, except per share data): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Numerator: Net earnings $ 25,499 $ 27,249 $ 36,450 $ 38,799 Denominator: Weighted average shares used to compute basic EPS 38,067 40,951 38,870 41,292 Dilutive potential common shares due to dilutive restricted stock units, net of tax effect 259 277 290 281 Weighted average shares used to compute diluted EPS 38,326 41,228 39,160 41,573 Net earnings per share: Basic $ 0.67 $ 0.67 $ 0.94 $ 0.94 Diluted $ 0.67 $ 0.66 $ 0.93 $ 0.93

Debt, Inventory Financing Fac21

Debt, Inventory Financing Facility, Capital Lease and Other Financing Obligations (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Long-Term Debt	Our long-term debt consists of the following (in thousands): June 30, December 31, 2014 Senior revolving credit facility $ 16,500 $ — Accounts receivable securitization financing facility 34,000 61,000 Capital lease and other financing obligations 2,191 2,301 Total 52,691 63,301 Less: current portion of capital lease and other financing obligations (1,400 ) (766 ) Less: current portion of revolving credit facilities — — Long-term debt $ 51,291 $ 62,535

Severance and Restructuring A22

Severance and Restructuring Activities (Tables)	6 Months Ended
	Jun. 30, 2015
Restructuring and Related Activities [Abstract]
Activity Related to Resource Actions and Outstanding Obligation	The following table details the activity related to resource actions for the six months ended June 30, 2015 and the outstanding obligations as of June 30, 2015 (in thousands): North America EMEA Consolidated Balances at December 31, 2014 $ 857 $ 2,971 $ 3,828 Severance costs, net of adjustments 255 840 1,095 Cash payments (867 ) (1,681 ) (2,548 ) Foreign currency translation adjustments (22 ) (229 ) (251 ) Balances at June 30, 2015 $ 223 $ 1,901 $ 2,124

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Pre-tax Amounts by Operating Segment for Stock-Based Compensation	By operating segment, we recorded the following pre-tax amounts for stock-based compensation, net of estimated forfeitures, related to restricted stock units (“RSUs”) in selling and administrative expenses in our consolidated financial statements (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 North America $ 1,724 $ 1,478 $ 3,455 $ 2,839 EMEA 484 383 986 718 APAC 96 65 186 127 Total Consolidated $ 2,304 $ 1,926 $ 4,627 $ 3,684
Summary of Restricted Stock Units	The following table summarizes our RSU activity during the six months ended June 30, 2015: Number Weighted Average Grant Date Fair Value Fair Value Nonvested at January 1, 2015 888,967 $ 22.06 Granted (a) 419,549 26.26 Vested, including shares withheld to cover taxes (322,564 ) 21.58 $ 8,586,951 (c) Forfeited (29,196 ) 22.40 Nonvested at June 30, 2015 (b) 956,756 24.06 $ 28,616,572 (d) Expected to vest 853,517 $ 25,528,693 (d) (a) Includes 131,389 RSUs subject to remaining performance conditions. The number of RSUs ultimately awarded under the performance-based RSUs varies based on whether we achieve certain financial results for 2015. (b) Includes 129,473 nonvested RSUs subject to remaining performance conditions. During the six months ended June 30, 2015, 1,916 RSUs subject to performance conditions were forfeited prior to the satisfaction of the performance condition and the completion of the related requisite service period. (c) The fair value of vested RSUs represents the total pre-tax fair value, based on the closing stock price on the day of vesting, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date. (d) The aggregate fair value represents the total pre-tax fair value, based on our closing stock price of $29.91 as of June 30, 2015, which would have been received by holders of RSUs had all such holders sold their underlying shares on that date.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Net Sales by Product or Service Type for North America, EMEA and APAC	Net sales by product or service type for North America, EMEA and APAC were as follows for the three and six months ended June 30, 2015 and 2014 (in thousands): North America EMEA APAC Three Months Ended June 30, Three Months Ended June 30, Three Months Ended June 30, Sales Mix 2015 2014 2015 2014 2015 2014 Hardware $ 587,563 $ 527,187 $ 121,410 $ 139,423 $ 3,651 $ 4,043 Software 326,192 310,838 250,055 297,014 59,356 74,915 Services 64,895 51,227 9,161 10,420 1,748 2,830 $ 978,650 $ 889,252 $ 380,626 $ 446,857 $ 64,755 $ 81,788 North America EMEA APAC Six Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30, Sales Mix 2015 2014 2015 2014 2015 2014 Hardware $ 1,092,815 $ 1,015,597 $ 267,394 $ 291,277 $ 5,577 $ 5,634 Software 584,684 557,009 448,515 525,429 98,178 117,734 Services 123,860 97,328 19,559 18,094 3,128 4,325 $ 1,801,359 $ 1,669,934 $ 735,468 $ 834,800 $ 106,883 $ 127,693
Financial Information about Reportable Operating Segments	The tables below present information about our reportable operating segments as of and for the three months ended June 30, 2015 and 2014 (in thousands): Three Months Ended June 30, 2015 North America EMEA APAC Consolidated Net sales $ 978,650 $ 380,626 $ 64,755 $ 1,424,031 Costs of goods sold 850,434 327,811 54,371 1,232,616 Gross profit 128,216 52,815 10,384 191,415 Operating expenses: Selling and administrative expenses 99,033 42,754 6,217 148,004 Severance and restructuring expenses (150 ) 522 — 372 Earnings from operations $ 29,333 $ 9,539 $ 4,167 $ 43,039 Total assets at period end $ 2,019,482 $ 602,410 $ 172,308 $ 2,794,200 * * Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $641,605,000. Three Months Ended June 30, 2014 North America EMEA APAC Consolidated Net sales $ 889,252 $ 446,857 $ 81,788 $ 1,417,897 Costs of goods sold 764,214 390,771 68,313 1,223,298 Gross profit 125,038 56,086 13,475 194,599 Operating expenses: Selling and administrative expenses 94,558 46,030 7,222 147,810 Severance and restructuring expenses (14 ) 215 109 310 Earnings from operations $ 30,494 $ 9,841 $ 6,144 $ 46,479 Total assets at period end $ 1,687,341 $ 623,873 $ 194,982 $ 2,506,196 ** ** Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $529,621,000. The tables below present information about our reportable operating segments as of and for the six months ended June 30, 2015 and 2014 (in thousands): Six Months Ended June 30, 2015 North America EMEA APAC Consolidated Net sales $ 1,801,359 $ 735,468 $ 106,883 $ 2,643,710 Costs of goods sold 1,561,627 637,842 91,013 2,290,482 Gross profit 239,732 97,626 15,870 353,228 Operating expenses: Selling and administrative expenses 191,435 85,511 11,854 288,800 Severance and restructuring expenses 255 840 — 1,095 Earnings from operations $ 48,042 $ 11,275 $ 4,016 $ 63,333 Total assets at period end $ 2,019,482 $ 602,410 $ 172,308 $ 2,794,200 * * Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $641,605,000. Six Months Ended June 30, 2014 North America EMEA APAC Consolidated Net sales $ 1,669,934 $ 834,800 $ 127,693 $ 2,632,427 Costs of goods sold 1,437,483 729,393 107,207 2,274,083 Gross profit 232,451 105,407 20,486 358,344 Operating expenses: Selling and administrative expenses 183,739 93,135 13,365 290,239 Severance and restructuring expenses 63 475 109 647 Earnings from operations $ 48,649 $ 11,797 $ 7,012 $ 67,458 Total assets at period end $ 1,687,341 $ 623,873 $ 194,982 $ 2,506,196 ** ** Consolidated total assets do not reflect the net effect of corporate assets and intercompany eliminations of $529,621,000.
Pre-Tax Depreciation and Amortization for Operating Segment	We recorded the following pre-tax amounts, by operating segment, for depreciation and amortization in the accompanying consolidated financial statements (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 North America $ 7,547 $ 8,372 $ 15,188 $ 16,044 EMEA 1,682 2,153 3,367 4,330 APAC 230 230 446 407 Total $ 9,459 $ 10,755 $ 19,001 $ 20,781

Basis of Presentation and Rec25

Basis of Presentation and Recently Issued Accounting Pronouncements - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments	3

Net Earnings Per Share ("EPS"26

Net Earnings Per Share ("EPS") - Reconciliation of Denominators of Basic and Diluted EPS Calculations (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Net earnings	$ 25,499	$ 27,249	$ 36,450	$ 38,799
Denominator:
Weighted average shares used to compute basic EPS	38,067	40,951	38,870	41,292
Dilutive potential common shares due to dilutive restricted stock units, net of tax effect	259	277	290	281
Weighted average shares used to compute diluted EPS	38,326	41,228	39,160	41,573
Net earnings per share:
Basic	$ 0.67	$ 0.67	$ 0.94	$ 0.94
Diluted	$ 0.67	$ 0.66	$ 0.93	$ 0.93

Net Earnings Per Share ("EPS"27

Net Earnings Per Share ("EPS") - Additional Information (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted-average outstanding restricted stock units excluded in the diluted EPS calculations	0	1,000	0	31,000

Debt, Inventory Financing Fac28

Debt, Inventory Financing Facility, Capital Lease and Other Financing Obligations - Long-Term Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Long-term debt
Senior revolving credit facility	$ 16,500
Accounts receivable securitization financing facility	34,000	$ 61,000
Capital lease and other financing obligations	2,191	2,301
Total	52,691	63,301
Total	52,691	63,301
Less: current portion of capital lease and other financing obligations	(1,400)	(766)
Less: current portion of revolving credit facilities	0	0
Long-term debt	$ 51,291	$ 62,535

Debt, Inventory Financing Fac29

Debt, Inventory Financing Facility, Capital Lease and Other Financing Obligations - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2015	Jul. 02, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Accounts receivable securitization financing facility	$ 34,000,000		$ 61,000,000
Inventory financing facility maximum borrowing capacity	$ 200,000,000
Inventory financing facility maturity date	Apr. 26, 2017
Accounts payable-inventory financing facility	$ 150,952,000		122,781,000
Amount owed under other financing agreement	$ 1,852,000		$ 1,852,000
Subsequent Event [Member]
Debt Instrument [Line Items]
Inventory financing facility maximum borrowing capacity		$ 250,000,000
Senior Revolving Credit Facility and Asset Backed Securitization Facility [Member]
Debt Instrument [Line Items]
Covenants compliance	At June 30, 2015, we were in compliance with all such covenants.
Maximum leverage ratio time adjusted earnings	2.75
Maximum combined borrowing capacity under senior revolving credit facility and ABS facility, accessible	$ 470,378,000
Maximum combined borrowing capacity under senior revolving credit facility and ABS facility	550,000,000
Outstanding borrowings at period end	50,500,000
Senior Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 350,000,000
Prime rate	3.25%
Maturity date	Apr. 26, 2017
ABS Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 200,000,000
Prime rate	1.09%
Maturity date	Jun. 30, 2017
Amount of facility permitted by qualified receivables	$ 200,000,000
Accounts receivable securitization financing facility	$ 34,000,000

Severance and Restructuring A30

Severance and Restructuring Activities - Activity Related to Resource Actions and Outstanding Obligation (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Restructuring Cost and Reserve [Line Items]
Beginning balance	$ 3,828
Severance costs, net of adjustments	1,095
Cash payments	(2,548)
Foreign currency translation adjustments	(251)
Ending balance	2,124
North America Segment [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance	857
Severance costs, net of adjustments	255
Cash payments	(867)
Foreign currency translation adjustments	(22)
Ending balance	223
EMEA Segment [Member]
Restructuring Cost and Reserve [Line Items]
Beginning balance	2,971
Severance costs, net of adjustments	840
Cash payments	(1,681)
Foreign currency translation adjustments	(229)
Ending balance	$ 1,901

Severance and Restructuring A31

Severance and Restructuring Activities - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015USD ($)
EMEA Segment [Member]
Restructuring Cost and Reserve [Line Items]
Reduction to severance and restructuring expenses	$ 164,000
North America Segment [Member]
Restructuring Cost and Reserve [Line Items]
Reduction to severance and restructuring expenses	$ 414,000

Stock-Based Compensation - Pre-

Stock-Based Compensation - Pre-tax Amounts by Operating Segment for Stock-Based Compensation (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	$ 2,304	$ 1,926	$ 4,627	$ 3,684
Selling and Administrative Expenses [Member] | North America Segment [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	1,724	1,478	3,455	2,839
Selling and Administrative Expenses [Member] | EMEA Segment [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	484	383	986	718
Selling and Administrative Expenses [Member] | APAC Segment [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense related to restricted stock units (RSUs)	$ 96	$ 65	$ 186	$ 127

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - Jun. 30, 2015 - Restricted Stock Units (RSUs) [Member] - USD ($)	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation cost related to RSU's not yet recognized	$ 18,691,000
Weighted average number of years for recognition of outstanding nonvested RSUs	1 year 4 months 28 days

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Restricted Stock Units (Detail) - Jun. 30, 2015 - Restricted Stock Units (RSUs) [Member] - USD ($)	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested Number, Beginning balance	888,967
Number, Granted	419,549
Number, Vested, including shares withheld to cover taxes	(322,564)
Number, Forfeited	(29,196)
Nonvested Number, Ending balance	956,756
Number, Expected to vest	853,517
Nonvested Weighted Average Grant Date Fair Value, Beginning balance	$ 22.06
Weighted Average Grant Date Fair Value, Granted	26.26
Weighted Average Grant Date Fair Value, Vested, including shares withheld to cover taxes	21.58
Weighted Average Grant Date Fair Value, Forfeited	22.40
Nonvested Weighted Average Grant Date Fair Value, Ending balance	$ 24.06
Fair Value, Vested, including shares withheld to cover taxes	$ 8,586,951
Fair Value, Nonvested at end of period	28,616,572
Fair Value, Expected to vest	$ 25,528,693

Stock-Based Compensation - Su35

Stock-Based Compensation - Summary of Restricted Stock Units (Parenthetical) (Detail) - Jun. 30, 2015 - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing stock price	$ 29.91
Performance Based Restricted Stock Unit [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total RSUs	131,389
Nonvested RSUs	129,473
RSUs forfeited prior to satisfaction, performance condition	1,916

Impairment Loss on Assets Hel36

Impairment Loss on Assets Held for Sale - Additional Information (Detail) - Jun. 30, 2014 - USD ($)	Total	Total
Impairment of Long Lived Assets Held for Sale [Line Items]
Impairment loss		$ 4,558,000
North America Segment [Member]
Impairment of Long Lived Assets Held for Sale [Line Items]
Non-cash charges impairment charges	$ 5,178,000
Impairment loss	4,558,000
Accelerated depreciation	$ 620,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Tax [Line Items]
Effective tax rate	38.10%	38.60%	38.20%	38.80%
United States federal statutory income tax rate	35.00%	35.00%	35.00%	35.00%
Unrecognized tax benefits	$ 4,536,000		$ 4,536,000		$ 4,306,000
Unrecognized tax benefits, interest on income taxes accrued	$ 413,000		$ 413,000		$ 336,000
Period during which examination phase of tax audits may conclude			Although the timing of the resolutions and/or closures of audits is highly uncertain, it is reasonably possible that the examination phase of these audits may be concluded within the next 12 months which could significantly increase or decrease the balance of our gross unrecognized tax benefits.
Earliest Tax Year [Member]
Income Tax [Line Items]
Open tax year			2,006
Latest Tax Year [Member]
Income Tax [Line Items]
Open tax year			2,013

Derivative Financial Instrume38

Derivative Financial Instruments - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Derivative, Gain (Loss) on Derivative, Net [Abstract]
Amount of Gain (Loss) Recognized in Earnings on Derivatives	$ 983,000	$ 117,000	$ 36,000	$ (108,000)

Share Repurchase Programs - Add

Share Repurchase Programs - Additional Information (Detail) - USD ($)	Jul. 01, 2015	Jun. 30, 2015	Jun. 30, 2014	Feb. 28, 2015	Oct. 31, 2014	Oct. 31, 2013
Schedule Of Share Repurchase Programs [Line Items]
Common stock repurchase program, authorized amount				$ 75,000,000	$ 25,000,000	$ 50,000,000
Common stock shares repurchased		3,106,528	1,272,299
Repurchased shares of common stock, total cost		$ 85,951,000	$ 29,652,000
Repurchase shares of common stock, average cost per share		$ 27.67	$ 23.31
Subsequent Event [Member]
Schedule Of Share Repurchase Programs [Line Items]
Repurchased shares of common stock, total cost	$ 5,892,000

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Number of months of salary paid as severance

Segment Information - Additiona

Segment Information - Additional Information (Detail) - 6 months ended Jun. 30, 2015 - Segment	Total
Segment Reporting [Abstract]
Number of operating segments	3
Description of major customers net sales	None of our clients exceeded ten percent of consolidated net sales for the three or six months ended June 30, 2015 or 2014.

Segment Information - Net Sales

Segment Information - Net Sales by Product or Service Type for North America, EMEA and APAC (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Revenue from External Customer [Line Items]
Revenues from external customers	$ 1,424,031	$ 1,417,897	$ 2,643,710	$ 2,632,427
North America Segment [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	978,650	889,252	1,801,359	1,669,934
North America Segment [Member] | Hardware Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	587,563	527,187	1,092,815	1,015,597
North America Segment [Member] | Software Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	326,192	310,838	584,684	557,009
North America Segment [Member] | Services Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	64,895	51,227	123,860	97,328
EMEA Segment [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	380,626	446,857	735,468	834,800
EMEA Segment [Member] | Hardware Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	121,410	139,423	267,394	291,277
EMEA Segment [Member] | Software Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	250,055	297,014	448,515	525,429
EMEA Segment [Member] | Services Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	9,161	10,420	19,559	18,094
APAC Segment [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	64,755	81,788	106,883	127,693
APAC Segment [Member] | Hardware Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	3,651	4,043	5,577	5,634
APAC Segment [Member] | Software Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	59,356	74,915	98,178	117,734
APAC Segment [Member] | Services Net Sales [Member]
Revenue from External Customer [Line Items]
Revenues from external customers	$ 1,748	$ 2,830	$ 3,128	$ 4,325

Segment Information - Financial

Segment Information - Financial Information about Reportable Operating Segments (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Net sales	$ 1,424,031	$ 1,417,897	$ 2,643,710	$ 2,632,427
Costs of goods sold	1,232,616	1,223,298	2,290,482	2,274,083
Gross profit	191,415	194,599	353,228	358,344
Operating expenses:
Selling and administrative expenses	148,004	147,810	288,800	290,239
Severance and restructuring expenses	372	310	1,095	647
Earnings from operations	43,039	46,479	63,333	67,458
Total assets at period end	2,794,200	2,506,196	2,794,200	2,506,196
North America Segment [Member]
Segment Reporting Information [Line Items]
Net sales	978,650	889,252	1,801,359	1,669,934
Costs of goods sold	850,434	764,214	1,561,627	1,437,483
Gross profit	128,216	125,038	239,732	232,451
Operating expenses:
Selling and administrative expenses	99,033	94,558	191,435	183,739
Severance and restructuring expenses	(150)	(14)	255	63
Earnings from operations	29,333	30,494	48,042	48,649
Total assets at period end	2,019,482	1,687,341	2,019,482	1,687,341
EMEA Segment [Member]
Segment Reporting Information [Line Items]
Net sales	380,626	446,857	735,468	834,800
Costs of goods sold	327,811	390,771	637,842	729,393
Gross profit	52,815	56,086	97,626	105,407
Operating expenses:
Selling and administrative expenses	42,754	46,030	85,511	93,135
Severance and restructuring expenses	522	215	840	475
Earnings from operations	9,539	9,841	11,275	11,797
Total assets at period end	602,410	623,873	602,410	623,873
APAC Segment [Member]
Segment Reporting Information [Line Items]
Net sales	64,755	81,788	106,883	127,693
Costs of goods sold	54,371	68,313	91,013	107,207
Gross profit	10,384	13,475	15,870	20,486
Operating expenses:
Selling and administrative expenses	6,217	7,222	11,854	13,365
Severance and restructuring expenses		109		109
Earnings from operations	4,167	6,144	4,016	7,012
Total assets at period end	$ 172,308	$ 194,982	$ 172,308	$ 194,982

Segment Information - Financi44

Segment Information - Financial Information about Reportable Operating Segments (Parenthetical) (Detail) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting [Abstract]
Corporate assets and intercompany elimination amount	$ 641,605,000	$ 529,621,000

Segment Information - Pre-Tax D

Segment Information - Pre-Tax Depreciation and Amortization for Operating Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 9,459	$ 10,755	$ 19,001	$ 20,781
North America Segment [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	7,547	8,372	15,188	16,044
EMEA Segment [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	1,682	2,153	3,367	4,330
APAC Segment [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 230	$ 230	$ 446	$ 407