PC Connection Inc. (PCCC) 2016年年度报告「NASDAQ」.pdf

1、TABLE OF CONTENTSPART I PageITEM 1.Business 1ITEM 1A.Risk Factors 10ITEM 1B.Unresolved Staff Comments 16ITEM 2.Properties 16ITEM 3.Legal Proceedings 17ITEM 4.Mine Safety Disclosures 17PART IIITEM 5.Market for the Registrants Common Equity,Related Stockholder Matters and Issuer Purchases of Equity Se

2、curities 18ITEM 6.Selected Financial Data 20ITEM 7.Managements Discussion and Analysis of Financial Condition and Results of Operations 21ITEM 7A.Quantitative and Qualitative Disclosure About Market Risk 34ITEM 8.Consolidated Financial Statements and Supplementary Data 34ITEM 9.Changes in and Disagr

3、eements with Accountants on Accounting and Financial Disclosure 34ITEM 9A.Controls and Procedures 34ITEM 9B.Other Information 37PART IIIITEM 10.Directors,Executive Officers and Corporate Governance 38ITEM 11.Executive Compensation 38ITEM 12.Security Ownership of Certain Beneficial Owners and Managem

4、ent and Related Stockholder Matters 38ITEM 13.Certain Relationships and Related Transactions and Director Independence 38ITEM 14.Principal Accounting Fees and Services 38PART IVITEM 15.Exhibits and Financial Statement Schedule 39SIGNATURES 44TRANSFORMINGI N A D I G I T A L W O R L D2 0 1 6 A N N U A

5、 L R E P O R TTimothy McGrath President and Chief Executive OfficerPatricia Gallup Chair and Chief Administrative OfficerDear Shareholders,The information technology world continues to be transformed by diverse and powerful influences.In 2016,mergers and acquisitions in the information technology(IT

6、)industry made headlines,the expansion of vertical markets led to increased demand for specialized IT solutions,and industry innovators continued to find exciting and meaningful ways to integrate technology into our everyday lives.Looking back on PC Connections growth,the creation of our new“Connect