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SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 28, 2013
Schedule Of Revenue, Operating Income And Identifiable Assets By Segment
The following table presents revenue, operating income, depreciation expense and identifiable assets for the four segments. Operating income is revenue less cost of sales and operating expense, excluding general corporate expense, amortization of purchased intangible assets, amortization of acquisition-related inventory step-up, acquisition costs and restructuring costs. The identifiable assets that the Company’s Chief Operating Decision Maker, its Chief Executive Officer, views by segment are accounts receivable, inventories and goodwill.

 
Reporting Segments
 
Engineering
and
Construction
 
Field
Solutions
 
Mobile
Solutions
 
Advanced
Devices
 
Total
(Dollars in thousands)
 
 
 
 
 
 
 
 
 
Second Quarter of Fiscal 2013
 
 
 
 
 
 
 
 
 
Segment revenue
$
313,446

 
$
115,864

 
$
115,524

 
$
31,459

 
$
576,293

Operating income
66,840

 
43,372

 
15,435

 
6,514

 
132,161

       Depreciation expense
2,880

 
153

 
1,358

 
190

 
4,581

Second Quarter of Fiscal 2012
 
 
 
 
 
 
 
 
 
Segment revenue
$
284,175

 
$
123,371

 
$
81,402

 
$
28,612

 
$
517,560

Operating income
59,473

 
46,623

 
5,624

 
3,913

 
115,633

       Depreciation expense
2,578

 
123

 
803

 
217

 
3,721

First Two Quarters of Fiscal 2013
 
 
 
 
 
 
 
 
 
Segment revenue
$
580,317

 
$
263,345

 
$
225,688

 
$
63,054

 
$
1,132,404

Operating income
109,813

 
102,898

 
27,008

 
12,999

 
252,718

       Depreciation expense
5,848

 
287

 
2,337

 
387

 
8,859

First Two Quarters of Fiscal 2012
 
 
 
 
 
 
 
 
 
Segment revenue
$
533,060

 
$
270,870

 
$
159,785

 
$
56,112

 
$
1,019,827

Operating income
99,550

 
108,984

 
12,982

 
7,252

 
228,768

       Depreciation expense
5,078

 
256

 
1,510

 
444

 
7,288

As of the Second Quarter of Fiscal 2013
 
 
 
 
 
 
 
 
 
Accounts receivable
$
201,541

 
$
68,074

 
$
67,580

 
$
19,069

 
$
356,264

Inventories
171,891

 
43,521

 
26,444

 
16,853

 
258,709

Goodwill
1,025,735

 
68,294

 
792,865

 
24,684

 
1,911,578

As of Fiscal Year End 2012
 
 
 
 
 
 
 
 
 
Accounts receivable
$
171,580

 
$
71,465

 
$
59,720

 
$
20,712

 
$
323,477

Inventories
148,241

 
44,738

 
30,598

 
16,952

 
240,529

Goodwill
958,103

 
68,684

 
763,386

 
25,526

 
1,815,699

Reconciliation Of The Company's Consolidated Segment Operating Income To Consolidated Income Before Income Taxes
A reconciliation of the Company’s consolidated segment operating income to consolidated income before income taxes is as follows:
 
 
Second Quarter of
 
First Two Quarters of
 
2013
 
2012
 
2013
 
2012
(Dollars in thousands)
 
 
 
 
 
 
 
Consolidated segment operating income
$
132,161

 
$
115,633

 
$
252,718

 
$
228,768

Unallocated corporate expense
(24,517
)
 
(19,819
)
 
(45,867
)
 
(39,543
)
Amortization of purchased intangible assets
(39,763
)
 
(29,078
)
 
(79,095
)
 
(57,875
)
Acquisition costs
(2,976
)
 
(7,815
)
 
(6,394
)
 
(12,581
)
Consolidated operating income
64,905

 
58,921

 
121,362

 
118,769

Non-operating income, net
3,786

 
4,370

 
1,698

 
4,849

Consolidated income before taxes
$
68,691

 
$
63,291

 
$
123,060

 
$
123,618