Business Segment Data

6 Months Ended

Dec. 31, 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 professional audio equipment, including: loudspeakers, power amplifiers, digital signal processors, mixing consoles, microphones, headphones, lighting equipment and video and control solutions. These complete system solutions are installed in many different venues around the world, and are used by audio and lighting professionals globally for producing live performances, recording, and broadcasting. 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 and six months ended December 31, 2014 and 2013:

	Three Months Ended December 31,						Six Months Ended December 31,
	2014			2013			2014			2013
Net sales:
Infotainment	$	774,078		$	690,704		$	1,522,175		$	1,330,457
Lifestyle		540,902			429,737			967,046			764,225
Professional		267,358			207,479			521,795			404,910
Other		1,211			104			1,455			237
Total	$	1,583,549		$	1,328,024		$	3,012,471		$	2,499,829
Operating income (loss):
Infotainment	$	89,873		$	62,691		$	167,226		$	95,118
Lifestyle		56,611			51,103			106,577			92,343
Professional		35,820			25,404			59,085			51,884
Other		(33,547	)		(37,342	)		(68,348	)		(68,107	)
Total	$	148,757		$	101,856		$	264,540		$	171,238