Segment and Related Information

12 Months Ended

Jun. 30, 2013

Segment Reporting [Abstract]

Segment and Related Information

Segments and Related Information

We have two global reportable segments: Connector and Custom & Electrical. The reportable segments represent an aggregation of three operating segments.

• The Connector segment designs and manufactures products for high-speed, high-density, high signal-integrity applications for the telecommunications, infotech and mobile devices markets as well as fine-pitch, low-profile connectors for the consumer market. It also designs and manufactures products that withstand environments such as heat, cold, dust, dirt, liquid and vibration for automotive and other transportation applications.

• The Custom & Electrical segment designs and manufactures integrated and customizable electronic components across all industries that provide original, differentiated solutions to customer requirements. It also leverages expertise in the use of signal, power and interface technology in industrial automation and other harsh environment applications.

Information by segment is summarized as follows (in thousands):

	Connector		Custom & Electrical		Corporate & Other			Total
2013:
Revenues from external customers (1)	$	2,577,909	$	1,041,292	$	1,246		$	3,620,447
Income (loss) from operations (2)	372,074		143,470		(163,410		)	352,134
Depreciation & amortization	189,417		30,324		15,144			234,885
Capital expenditures	203,269		41,822		17,842			262,933
2012:
Revenues from external customers	$	2,459,969	$	1,028,140	$	1,080		$	3,489,189
Income (loss) from operations (2)	344,387		172,803		(117,718		)	399,472
Depreciation & amortization	193,561		27,495		15,918			236,974
Capital expenditures	191,789		21,353		13,959			227,101
2011:
Revenues from external customers	$	2,600,469	$	985,120	$	1,745		$	3,587,334
Income (loss) from operations (2)	396,233		154,370		(120,404		)	430,199
Depreciation & amortization	197,173		28,607		16,391			242,171
Capital expenditures	225,608		24,065		12,573			262,246

(1) During fiscal 2013, approximately 14% of our net revenue was attributable, directly and indirectly, to Apple, Inc., a customer of the Connector segment.

(2) Corporate & Other includes expenses primarily related to corporate operations that are not allocated to segments such as executive management, human resources, legal, finance and information technology. We also include in Corporate & Other the assets of certain plants that are not specific to a particular segment. For fiscal 2013, 2012 and 2011, operating results for Corporate & Other include a net loss of $25.4 million ($16.2 million after tax), $11.3 million ($7.2 million after tax) and $14.5 million ($9.2 million after tax), respectively, related to the settlement of litigation of unauthorized activities in Japan and investigative and legal fees.

Customer net revenue and net property, plant and equipment by significant countries are summarized as follows (in thousands):

	2013		2012		2011
Customer net revenue:
United States	$	1,016,721	$	893,142	$	849,521
Japan	584,300		492,958		563,496
China	1,075,733		1,128,339		1,133,561
Net property, plant and equipment:
United States	$	275,407	$	270,226	$	202,291
Japan	221,817		287,959		288,498
China	326,145		317,477		301,672

Segment assets, which are comprised of accounts receivable, inventory and fixed assets, are summarized as follows (in thousands):

	Connector		Custom & Electrical		Corporate & Other		Total
2013	$	1,723,316	$	513,813	$	112,207	$	2,349,336
2012	1,846,636		479,318		107,699		2,433,653
2011	1,913,675		503,443		98,732		2,515,850

The reconciliation of segment assets to consolidated total assets is as follows (in thousands):

	2013		2012		2011
Segment assets	$	2,349,336	$	2,433,653	$	2,515,850
Other current assets	808,640		796,134		707,943
Other non-current assets	428,878		381,716		374,059
Consolidated total assets	$	3,586,854	$	3,611,503	$	3,597,852