SEGMENT REPORTING

6 Months Ended

Sep. 25, 2015

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

The Company has four reportable segments: HRS, CTG, IEI, and INS. 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						Six-Month Periods Ended
	September 25, 2015			September 26, 2014			September 25, 2015			September 26, 2014
	(In thousands)
Net sales:
Integrated Network Solutions	$	2,204,966		$	2,340,707		$	4,171,528		$	4,781,133
Consumer Technology Group	2,011,089			2,209,543			3,576,052			4,431,683
Industrial & Emerging Industries	1,145,842			1,097,202			2,275,981			2,221,668
High Reliability Solutions	954,865			881,065			1,859,449			1,736,778
	$	6,316,762		$	6,528,517		$	11,883,010		$	13,171,262
Segment income and reconciliation of income before tax:
Integrated Network Solutions	$	65,758		$	57,643		$	122,822		$	130,354
Consumer Technology Group	41,170			53,336			80,013			83,200
Industrial & Emerging Industries	32,268			35,582			61,268			82,906
High Reliability Solutions	71,199			48,801			131,085			102,944
Corporate and Other	(14,075		)	(11,952		)	(39,786		)	(32,805		)
Total segment income	196,320			183,410			355,402			366,599
Reconciling items:
Intangible amortization	16,127			8,232			23,798			15,183
Stock-based compensation	16,200			10,919			32,326			22,600
Other charges (income), net	1,678			(2,584		)	1,842			(46,593		)
Interest and other, net	22,035			12,506			38,540			31,143
Income before income taxes	$	140,280		$	154,337		$	258,896		$	344,266

Asset information on a segment basis is not disclosed, as property and equipment is not allocated to each segment.

Corporate and other primarily includes corporate services costs that are not included in the assessment of the performance of each of the identified reporting segments.