ScanSource, Inc. (SCSC)

ScanSource, Inc. operates as a wholesale distributor of specialty technology products to resellers. The companys ScanSource POS and Barcoding sales unit markets automatic identification and data capture (AIDC) and point-of-sale (POS) products, which interface with computer systems used to automate the collection, processing, and communication of information for commercial and industrial applications, including retail sales, distribution, shipping, inventory control, materials handling, and warehouse management. The AIDC product line includes various portable data collection terminals, wireless products, bar code label printers, and scanners. The POS product line comprises PC-based products, such as cash drawers, pole displays, signature capture units, display monitors, and magnetic strip readers, as well as products that attach to the POS network in the store, including kiosks, network access points, routers, and digital signage displays. Its Catalyst Telecom sales unit markets voice, data, and converged communication systems; and distributes Avaya communications solutions, including Avaya global communication solutions, small market business solutions, and Internet protocol products. The companys ScanSource Communications sales unit distributes various communications solutions consisting of video and audio conferencing products; telephony solutions, including voice over IP; and computer telephony building blocks. Its ScanSource Security distribution sales unit involves in the hardware distribution of electronic security equipment, such as identification, access control, video surveillance, intrusion-related, and wireless infrastructure products. As of June 30, 2008, the company marketed approximately 55,000 products from 160 hardware and software vendors to 20,000 reseller customers primarily in North America, Latin America, and Europe. ScanSource Inc. was founded in 1992 and is based in Greenville, South Carolina.

For the three months ended 30 September 2006, ScanSource, Inc.'s revenues increased 27% to $496.2M. Net income increased 25% to $11.7M. Revenues reflect an increase in sales of the Company's products. Net income was partially offset by an increase in cost of goods sold, higher selling, general & administrative expenses, an increase in interest expense, reduced interest income and higher provision for income taxes.