SEGMENT REPORTING

9 Months Ended

Dec. 31, 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						Nine-Month Periods Ended
	December 31, 2015			December 31, 2014			December 31, 2015			December 31, 2014
	(In thousands)
Net sales:
Integrated Network Solutions	$	2,469,099		$	2,358,199		$	6,640,626		$	7,139,333
Consumer Technology Group	2,057,850			2,647,229			5,633,903			7,078,912
Industrial & Emerging Industries	1,214,225			1,105,992			3,490,205			3,327,660
High Reliability Solutions	1,022,003			913,634			2,881,453			2,650,411
	$	6,763,177		$	7,025,054		$	18,646,187		$	20,196,316
Segment income and reconciliation of income before tax:
Integrated Network Solutions	$	75,578		$	72,654		$	198,400		$	203,008
Consumer Technology Group	49,032			73,200			129,045			156,401
Industrial & Emerging Industries	49,230			21,730			110,498			104,636
High Reliability Solutions	82,806			56,124			213,890			159,068
Corporate and Other	(20,563		)	(16,825		)	(60,348		)	(49,629		)
Total segment income	236,083			206,883			591,485			573,484
Reconciling items:
Intangible amortization	19,319			8,045			43,117			23,228
Stock-based compensation	24,233			14,219			56,559			36,821
Other charges (income), net	44,415			5,067			46,257			(41,526		)
Interest and other, net	21,566			9,035			60,106			40,178
Income before income taxes	$	126,550		$	170,517		$	385,446		$	514,783

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.