Business Segment Data

9 Months Ended

Mar. 31, 2015

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 the operations of Redbend from the February 26, 2015 acquisition date and 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 nine months ended March 31, 2015 and 2014:

	Three Months Ended March 31,						Nine Months Ended March 31,
	2015			2014			2015			2014
Net sales:
Infotainment	$	779,357		$	735,567		$	2,301,532		$	2,066,024
Lifestyle		440,918			468,177			1,407,964			1,232,402
Professional		242,329			200,387			764,124			605,297
Other		1,589			104			3,044			341
Total	$	1,464,193		$	1,404,235		$	4,476,664		$	3,904,064
Operating income (loss):
Infotainment	$	82,136		$	60,313		$	249,362		$	155,431
Lifestyle		45,078			51,381			151,655			143,724
Professional		16,043			24,813			75,128			76,697
Other		(51,750	)		(35,074	)		(120,098	)		(103,181	)
Total	$	91,507		$	101,433		$	356,047		$	272,671