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Segment Information
 3 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segment Information
Segment Information
 
The Company has two reporting segments, peripherals and video conferencing, based on product markets and internal organizational structure. The peripherals segment encompasses the design, manufacturing and marketing of peripherals for PCs, tablets and other digital platforms. The video conferencing segment offers scalable high-definition, or HD, video communication endpoints, HD video conferencing systems with integrated monitors, video bridges, a Cloud-based video conferencing solution and other infrastructure software and hardware to support large-scale video deployments and services to support these products. The Company’s reporting segments do not record revenue on sales between segments.
 
Operating performance measures for the peripherals segment and the video conferencing segment are reported separately to the Company's Chief Executive Officer (“CEO”), who is considered to be the Company’s Chief Operating Decision Maker (“CODM”). The CEO periodically reviews information such as net sales and operating income (loss) for each operating segment to make business decisions. These operating performance measures do not include restructuring charges, net, share-based compensation expense and amortization of intangible assets. Restructuring charges, net, share-based compensation expense and amortization of intangible assets are presented in the following financial information by operating segment as “other income (expense), net.” Assets by operating segment are not presented since the Company does not present such data to the CODM.

Net sales and operating income (loss) for the Company’s operating segments for the three months ended June 30, 2015 and 2014 were as follows (in thousands): 
 
 
Three Months Ended
June 30,
 
 
2015
 
2014
Net sales:
 
 

 
 

Peripherals
 
$
447,686

 
$
456,446

Video conferencing
 
22,634

 
25,757

 
 
$
470,320

 
$
482,203

Segment operating income (loss):
 
 

 
 

Peripherals
 
$
31,847

 
$
33,567

Video conferencing
 
(4,401
)
 
(1,135
)
 
 
27,446

 
32,432

Other income (expense):
 
 

 
 

Restructuring charges, net
 
(12,995
)
 
—

Share-based compensation
 
(6,749
)
 
(6,938
)
Amortization of intangibles
 
(732
)
 
(2,782
)
Interest income, net
 
264

 
258

Other expense, net
 
(1,121
)
 
(198
)
Income before income taxes
 
$
6,113

 
$
22,772


 
Restructuring charges for Peripherals and Video conferencing segments were $11.5 million and $1.5 million, respectively, for the three months ended June 30, 2015. There was no restructuring charge in the three months ended June 30, 2014.

Net sales by product categories and sales channels, excluding intercompany transactions, for the three months ended June 30, 2015 and 2014 were as follows (in thousands):
 
 
Three Months Ended
June 30,
 
 
2015
 
2014
Peripherals:
 
 

 
 

Mobile Speakers
 
$
40,544

 
$
28,830

Gaming
 
43,670

 
46,876

Video Collaboration
 
21,176

 
15,225

Tablet & Other Accessories
 
18,809

 
31,716

Growth
 
124,199

 
122,647

Pointing Devices
 
116,985

 
113,042

Keyboards & Combos
 
105,829

 
105,489

Audio-PC & Wearables
 
45,699

 
48,548

PC Webcams
 
21,681

 
20,463

Home Control
 
10,254

 
12,332

Profit Maximization
 
300,448

 
299,874

Retail Strategic Sales
 
424,647

 
422,521

Non-Strategic
 
741

 
1,293

Retail
 
425,388

 
423,814

OEM
 
22,298

 
32,632

 
 
447,686

 
456,446

Video conferencing
 
22,634

 
25,757

 
 
$
470,320

 
$
482,203



Certain products within the retail product families presented in prior period have been reclassified to conform to the current period's presentation.
 
Net sales to unaffiliated customers by geographic region (based on the customers’ location) for the three months ended June 30, 2015 and 2014 were as follows (in thousands):
 
 
Three Months Ended
June 30,
 
 
2015
 
2014
Americas
 
$
226,687

 
$
211,531

EMEA
 
127,366

 
153,700

Asia Pacific
 
116,267

 
116,972

Total net sales
 
$
470,320

 
$
482,203


 
Sales are attributed to countries on the basis of the customers’ locations. The United States represented 40% and 37% of the Company’s total consolidated net sales for the three months ended June 30, 2015 and 2014, respectively. No other single country represented more than 10% of the Company’s total consolidated net sales during those periods. Revenues from sales to customers in Switzerland, the Company’s home domicile, represented 2% and 2% of the Company’s total consolidated net sales for the three months ended June 30, 2015 and 2014, respectively. One customer group of the Company’s peripheral operating segment represented 14% and 15% of sales for the three months ended June 30, 2015 and 2014, respectively.

Long-lived assets by geographic region were as follows (in thousands):
 
 
June 30,
2015
 
March 31,
2015
Americas
 
$
48,353

 
$
48,527

EMEA
 
3,435

 
3,584

Asia Pacific
 
49,881

 
39,482

 
 
$
101,669

 
$
91,593


 
Long-lived assets in the United States and China were $48.2 million and $44.9 million as of June 30, 2015, respectively, and $48.3 million and $34.0 million at March 31, 2015, respectively. No other countries represented more than 10% of the Company’s total consolidated long-lived assets as of June 30 or March 31, 2015. Long-lived assets in Switzerland, the Company’s home domicile, were $1.4 million and $1.5 million at June 30 and March 31, 2015, respectively.