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Business Segment Data
3 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Business Segment Data

Note 18 – Business Segment Data

We design, manufacture and market high-quality, high fidelity audio products and electronic systems for the infotainment, automotive audio, home audio and professional markets. Our chief operating decision maker evaluates performance and allocates resources based on net sales, operating income and working capital in each of the reporting segments.

Infotainment

Our Infotainment segment designs, manufactures and markets infotainment systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers.

Lifestyle

Our Lifestyle segment designs, manufactures and markets automotive audio systems for vehicle applications to be installed primarily as original equipment by automotive manufacturers and a wide range of mid-end to high-end audio and consumer electronics for home, multimedia and mobile applications. Our Lifestyle audio products feature some of the world’s most recognized audio brands, including AKG®, Harman/Kardon®, Infinity®, JBL®, Lexicon®, Logic 7®, Mark Levinson®, Revel®, Selenium® and yurbuds® Powered by JBL.

 

Professional

Our Professional segment designs, manufactures and markets an extensive range of loudspeakers, power amplifiers, digital signal processors, microphones, headphones, lighting systems, mixing consoles, video and control solutions and information delivery systems used by audio professionals in concert halls, stadiums, airports, houses of worship and other public spaces. We also provide high quality products to the sound reinforcement, music instrument support and broadcast and recording segments of the professional audio market. We offer complete systems solutions for professional installations and users around the world. Our Professional products are marketed globally under brand names including AKG, AMX®, BSS®, Crown®, dbx®, DigiTech®, JBL Professional, Lexicon, Martin®, Selenium, Soundcraft® and Studer®.

Other

Our Other segment includes compensation, benefits and occupancy costs for corporate employees, net of reporting segment allocations, expenses associated with new technology innovation and our corporate brand identity campaign.

The following table reports Net sales and Operating income (loss) by each reporting segment for the three months ended September 30, 2014 and 2013:

 

     Three Months Ended
September 30,
 
     2014     2013  

Net sales:

    

Infotainment

   $ 748,097      $ 639,753   

Lifestyle

     426,144        334,488   

Professional

     254,437        197,431   

Other

     244        133   
  

 

 

   

 

 

 

Total

   $ 1,428,922      $ 1,171,805   
  

 

 

   

 

 

 

Operating income (loss):

    

Infotainment

   $ 77,353      $ 32,427   

Lifestyle

     49,966        41,240   

Professional

     23,265        26,480   

Other

     (34,801     (30,765
  

 

 

   

 

 

 

Total

   $ 115,783      $ 69,382