Segment Information

6 Months Ended

Jun. 29, 2012

Segment Reporting, Measurement Disclosures [Abstract]

Segment Information

Segment Information

The Company is organized into four operating segments, which also represent four reporting segments: computing and consumer products group, automotive, industrial, medical and mil-aero products group, standard products group and SANYO Semiconductor products group. Each of the Company's major product lines has been examined and each product line has been assigned to a segment, as illustrated in the table below, based on the Company's operating strategy. Because many products are sold into different end-markets, the total revenue reported for a segment is not indicative of actual sales in the end-market associated with that segment, but rather is the sum of the revenue from the product lines assigned to that segment. These segments represent the Company's view of the business and as such are used to evaluate progress of major initiatives.

Revenues, gross profit and operating income for the Company’s reportable segments for the quarters and six months ended June 29, 2012 and July 1, 2011, respectively, are as follows (in millions):

	Computing & Consumer Products Group		Automotive, Industrial, Medical and Mil-Aero Products Group		Standard Products Group		SANYO Semiconductor Products Group			Total
For the quarter ended June 29, 2012:
Revenues from external customers	$	136.4	$	201.1	$	201.9	$	205.4		$	744.8
Segment gross profit	$	52.5	$	100.2	$	81.5	$	33.9		$	268.1
Segment operating income (loss)	$	19.8	$	30.3	$	53.6	$	(31.4	)	$	72.3
For the quarter ended July 1, 2011:
Revenues from external customers	$	166.7	$	228.7	$	236.0	$	274.4		$	905.8
Segment gross profit	$	67.2	$	112.3	$	83.1	$	21.6		$	284.2
Segment operating income (loss)	$	34.1	$	37.7	$	53.0	$	(42.4	)	$	82.4

	Computing & Consumer Products Group		Automotive, Industrial, Medical and Mil-Aero Products Group		Standard Products Group		SANYO Semiconductor Products Group			Total
For the six months ended June 29, 2012:
Revenues from external customers	$	274.7	$	404.5	$	398.7	$	411.3		$	1,489.2
Segment gross profit	$	105.0	$	191.5	$	155.0	$	73.8		$	525.3
Segment operating income (loss)	$	40.7	$	50.0	$	100.5	$	(51.8	)	$	139.4
For the six months ended July 1, 2011:
Revenues from external customers	$	322.4	$	437.4	$	464.1	$	552.5		$	1,776.4
Segment gross profit	$	130.9	$	216.6	$	169.3	$	26.0		$	542.8
Segment operating income (loss)	$	61.5	$	70.2	$	107.6	$	(85.2	)	$	154.1

Depreciation and amortization expense is included in segment operating income. Reconciliations of segment gross profit and segment operating income to the financial statements are as follows (in millions):

	Quarter Ended
	June 29, 2012			July 1, 2011
Gross profit for reportable segments	$	268.1		$	284.2
Unallocated amounts:
Other unallocated manufacturing costs	(9.8		)	(18.1		)
Gross profit	$	258.3		$	266.1
Operating income for reportable segments	$	72.3		$	82.4
Unallocated amounts:
Restructuring and other charges	(34.6		)	(5.1		)
Other unallocated manufacturing costs	(9.8		)	(18.1		)
Other unallocated operating expenses	(1.0		)	(2.3		)
Operating income	$	26.9		$	56.9

	Six Months Ended
	June 29, 2012			July 1, 2011
Gross profit for reportable segments	$	525.3		$	542.8
Unallocated amounts:
Other unallocated manufacturing costs	(21.8		)	(34.3		)
Gross profit	$	503.5		$	508.5
Operating income for reportable segments	$	139.4		$	154.1
Unallocated amounts:
Restructuring and other charges	(46.1		)	(17.5		)
Other unallocated manufacturing costs	(21.8		)	(34.3		)
Other unallocated operating expenses	(1.0		)	(12.7		)
Operating income	$	70.5		$	89.6

Revenues by geographic location including local sales and exports made by operations within each area, based on shipments from the respective country, are summarized as follows (in millions):

	Quarter Ended
	June 29, 2012		July 1, 2011
United States	$	120.3	$	134.8
Other Americas	3.8		11.1
United Kingdom	100.0		107.8
Belgium	—		2.1
China	217.6		277.6
Japan	105.1		119.0
Singapore	163.5		193.6
Other Asia/Pacific	34.5		59.8
	$	744.8	$	905.8

	Six Months Ended
	June 29, 2012		July 1, 2011
United States	$	231.6	$	262.0
Other Americas	13.2		17.3
United Kingdom	205.8		217.7
Belgium	0.1		3.0
China	435.9		547.5
Japan	220.3		244.4
Singapore	307.0		364.4
Other Asia/Pacific	75.3		120.1
	$	1,489.2	$	1,776.4

Property, plant and equipment, net by geographic location, are summarized as follows (in millions):

	June 29, 2012		December 31, 2011
United States	$	276.7	$	257.5
China	93.5		96.7
Other Europe	135.2		117.9
Malaysia	178.1		164.5
Philippines	185.1		204.0
Other Asia/Pacific	58.4		32.8
Japan	131.8		130.2
Belgium	68.3		70.0
Vietnam	61.8		23.4
Other Americas	12.5		12.5
	$	1,201.4	$	1,109.5

For the quarter and six months ended June 29, 2012, there were no individual customers which accounted for more than 10.0% of the Company’s total revenues. For the quarter and six months ended July 1, 2011, there were no individual customers which accounted for more than 10.0% of the Company's total revenues.