SEGMENT REPORTING

3 Months Ended

Jul. 01, 2016

Segment Reporting [Abstract]

SEGMENT REPORTING

SEGMENT REPORTING

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
	July 1, 2016			June 26, 2015
	(In thousands)
Net sales:
Communications & Enterprise Compute	$	2,195,990		$	1,966,562
Consumer Technology Group	1,313,782			1,564,964
Industrial & Emerging Industries	1,289,015			1,130,138
High Reliability Solutions	1,078,026			904,584
	$	5,876,813		$	5,566,248
Segment income and reconciliation of income before tax:
Communications & Enterprise Compute	$	61,899		$	57,065
Consumer Technology Group	24,634			38,843
Industrial & Emerging Industries	49,977			28,999
High Reliability Solutions	88,536			59,886
Corporate and Other	(34,800		)	(25,711		)
Total segment income	190,246			159,082
Reconciling items:
Intangible amortization	21,598			7,671
Stock-based compensation	23,797			16,126
Other charges, net	3,529			164
Interest and other, net	24,399			16,505
Income before income taxes	$	116,923		$	118,616

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.