Due to the inherent difficulty of forecasting these types of expenses, which impact net earnings and diluted earnings per share, the Company is unable to reasonably estimate the related impact of such expenses, if any, to net earnings and diluted earnings per share. ET to discuss second quarter 2019 results of operations. Insight Enterprises, Inc. is a leading technology provider of hardware, software and service solutions to business and government clients in North America, Europe, the Middle East, Africa and Asia-Pacific. Insight provides cloud-based services to consumers and businesses; designs, manufactures, and sells devices that integrate with its cloud-based services; and delivers online advertising to a global audience. In computing these changes and percentages, the Company compares the current year amount as translated into U.S. dollars under the applicable accounting standards to the prior year amount in local currency translated into U.S. dollars utilizing the weighted average translation rate for the current period. Insight's products include operating systems for computing devices, servers, phones, and other intelligent devices; server applications for distributed computing environments; cross-device productivity applications; business solution applications; desktop and server management tools; software development tools; video games; and online advertising. Insight has 11,261 employees across 97 locations and $7.73 B in annual revenue in FY 2019. Assumed tax rate of 27.5% for 2019 and 2018. Gross profit in North America increased 4% year over year to $199.1 million (14.2% gross margin); Gross profit in EMEA increased 4% year over year to $64.5 million (17.0% gross margin); and. Adjusted free cash flow is the Company’s net cash provided or used by operating activities adjusted for (i) purchases of property and equipment and (ii) the net borrowings or repayments under the inventory financing facility. They provide clients the guidance and expertise needed to select, implement and manage complex technology solutions to drive business outcomes. These non-GAAP measures are used to evaluate financial performance against budgeted amounts, to calculate incentive compensation, to assist in forecasting future performance and to compare the Company’s results to those of the Company’s competitors. Consolidated earnings from operations decreased 3% compared to the second quarter of 2018 to $72.1 million, or 3.9% of net sales. See insights on Insight including office locations, competitors, revenue, financials, executives, subsidiaries … A live web cast of the conference call (in listen-only mode) will be available on the Company’s web site at http://investor.insight.com/, and a replay of the web cast will be available on the Company’s web site for a limited time following the call. The Company assumes no obligation to update, and, except as may be required by law, does not intend to update, any forward-looking statements. Insight is a leading provider of computer hardware, software, cloud solutions and IT services to business, government, education and healthcare clients. The Company believes that this acquisition allows them to help existing PCM clients in positioning their businesses for future growth, transforming and securing their data platforms, creating modern and mobile experiences for their workforce and optimizing the procurement of technology.

Non-GAAP financial measures should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with GAAP. Net sales in APAC decreased 18% year to year to $51.3 million. Earnings from operations in North America decreased 7% year to year to $50.9 million, or 3.6% of net sales; Earnings from operations in EMEA increased 10% year over year to $16.6 million, or 4.4% of net sales; and. A live web cast of the conference call (in listen-only mode) will be available on the Company’s web site at, https://www.businesswire.com/news/home/20190806005343/en/, Adjusted non-GAAP consolidated EFO, net of tax, Adjusted non-GAAP ROIC (from GAAP consolidated EFO) ***, Adjusted non-GAAP ROIC (from non-GAAP consolidated EFO) ****, President, Chief Executive Officer & Director, Gross profit increased 4% to $275.4 million, Gross margin increased 60 basis points to 15.0%, Earnings from operations decreased 3% to $72.1 million, Adjusted earnings from operations increased 1% to $76.0 million, Diluted earnings per share of $1.38 decreased 4% year to year, Adjusted diluted earnings per share of $1.49 increased 3% year over year. The Company believes that these non-GAAP financial measures are useful to investors because they allow for greater transparency, facilitate comparisons to prior periods and the Company’s competitors’ results and assist in forecasting performance for future periods. Excluding the effects of fluctuating foreign currency exchange rates, consolidated gross profit increased 6% year over year, with gross profit growth in North America, EMEA and APAC of 5%, 9% and 7%, respectively, year over year. View source version on businesswire.com: https://www.businesswire.com/news/home/20190806005343/en/, The Company will host a conference call and live web cast today at 9:00 a.m.

Insight Enterprises, Inc. is a Fortune 500 global IT provider helping businesses of all sizes – from small and medium sized firms to worldwide enterprises, governments, schools and health care organizations – define, architect, implement and manage Intelligent Technology SolutionsTM. Based in El Segundo, California, PCM has 40 office locations globally and more than 4,000 teammates. M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. Tempe, Arizona 85283 ET to discuss second quarter 2019 results of operations. On the terms and subject to the conditions of the Merger Agreement, at the effective time of the Merger, each share of common stock, par value $0.001, of PCM issued and outstanding (with certain exceptions) immediately prior to the effective time will be converted into the right to receive $35.00 in cash, without interest. Computed as Adjusted non-GAAP consolidated EFO, net of tax, divided by invested capital.