SEGMENT REPORTING

3 Months Ended

Jun. 30, 2017

The Company has four reportable segments: HRS, CTG, IEI, and CEC. These segments are determined based on several factors, including the nature of products and services, the nature of production processes, customer base, delivery channels and similar economic characteristics. Refer to note 1 for a description of the various product categories manufactured under each of these segments.

An operating segment's performance is evaluated based on its pre-tax operating contribution, or segment income. Segment income is defined as net sales less cost of sales, and segment selling, general and administrative expenses, and does not include amortization of intangibles, stock-based compensation, other charges (income), net and interest and other, net.

Selected financial information by segment is as follows:



	Three-Month Periods Ended
	June 30, 2017			July 1, 2016
	(In thousands)
Net sales:
Communications & Enterprise Compute	$	1,973,333		$	2,195,990
Consumer Technologies Group	1,511,969			1,313,782
Industrial & Emerging Industries	1,390,599			1,289,015
High Reliability Solutions	1,132,371			1,078,026
	$	6,008,272		$	5,876,813
Segment income and reconciliation of income before tax:
Communications & Enterprise Compute	$	48,603		$	61,899
Consumer Technologies Group	18,004			24,634
Industrial & Emerging Industries	55,376			49,977
High Reliability Solutions	90,212			88,536
Corporate and Other	(34,278		)	(34,800		)
Total segment income	177,917			190,246
Reconciling items:
Intangible amortization	19,901			21,598
Stock-based compensation	21,796			23,797
Other charges (income), net	(36,165		)	3,529
Interest and other, net	26,876			24,399
Income before income taxes	$	145,509		$	116,923

Corporate and other primarily includes corporate services costs that are not included in the Chief Operating Decision Maker's ("CODM") assessment of the performance of each of the identified reporting segments.

Property and equipment on a segment basis is not disclosed as it is not separately identified and is not internally reported by segment to the Company's CODM.