SEGMENT REPORTING (Tables)

9 Months Ended

Dec. 31, 2018

Schedule of segment reporting information by operating segment

Selected financial information by segment is in the table below. For the nine-month period ended December 31, 2018, the Company recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings, as further described in note 1 to the condensed consolidated financial statements. The comparative information for the three and nine-month periods ended December 31, 2017 has not been restated and continues to be reported under the accounting standards in effect at the time:



	Three-Month Periods Ended						Nine-Month Periods Ended
	December 31, 2018			December 31, 2017			December 31, 2018			December 31, 2017
	(In thousands)
Net sales:
Communications & Enterprise Compute	$	2,260,228		$	1,979,045		$	6,355,311		$	5,853,435
Consumer Technologies Group	1,819,322			2,056,801			5,423,139			5,323,913
Industrial & Emerging Industries	1,658,925			1,491,063			4,671,188			4,336,201
High Reliability Solutions	1,206,352			1,224,643			3,629,749			3,516,695
	$	6,944,827		$	6,751,552		$	20,079,387		$	19,030,244
Segment income and reconciliation of income before tax:
Communications & Enterprise Compute	$	62,590		$	50,206		$	171,463		$	141,541
Consumer Technologies Group	39,023			38,768			96,792			87,494
Industrial & Emerging Industries	78,782			61,328			196,000			167,650
High Reliability Solutions	95,751			100,976			278,874			283,552
Corporate and Other	(19,768		)	(31,557		)	(75,513		)	(94,273		)
Total segment income	256,378			219,721			667,616			585,964
Reconciling items:
Intangible amortization	20,308			19,588			57,059			55,865
Stock-based compensation	21,027			20,758			61,061			63,018
Customer related asset impairments (1)	50,153			—			67,517			4,753
Restructuring charges (Note 17)	65,843			—			100,433			7,981
New revenue standard adoption impact (Note 1 & Note 3)	—			—			9,291			—
Contingencies and other (2)	4,994			—			25,363			35,952
Other charges (income), net (Note 8)	71,879			6,865			(8,515		)	(172,467		)
Interest and other, net	54,087			31,350			136,889			85,780
Income (loss) before income taxes	$	(31,913	)	$	141,160		$	218,518		$	505,082


(1)	Customer related asset impairments for the three and nine-month periods ended December 31, 2018 relate to provision for doubtful accounts receivable, inventory and impairment of other assets for certain customers experiencing significant financial difficulties and/or the Company is disengaging from.

(2)

Contingencies and other during the three and nine-month periods ended December 31, 2018 primarily consists of costs incurred relating to the independent investigation undertaken by the Audit Committee of the Company’s Board of Directors which was completed in June 2018. In addition, for the nine-month period ended December 31, 2018, Contingencies and other also includes certain charges of the China based Multek operations that was divested in the second quarter of fiscal year 2019.

During the nine-month period ended December 31, 2017, the Company incurred charges in connection with certain legal matters, for loss contingencies where it believed that losses were probable and estimable. Additionally, the Company incurred various other charges predominately related to damages incurred from a typhoon that impacted a China facility, along with certain restructuring charges primarily related to severance for rationalization at existing sites and corporate functions.