Segment information

6 Months Ended

Dec. 27, 2014

Segment Reporting [Abstract]

Segment information

Segment information

Electronics Marketing (“EM”) and Technology Solutions (“TS”) are the Company's reportable segments (“operating groups”). EM markets and sells semiconductors and interconnect, passive and electromechanical devices and embedded products to a diverse customer base serving many end-markets. TS focuses on the value-added distribution of enterprise computing servers and systems, software, storage, services and complex solutions from the world’s foremost technology manufacturers. TS also provides the latest hard disk drives, microprocessor, motherboard and DRAM module technologies to manufacturers of general-purpose computers and system builders.

	Second Quarters Ended						Six Months Ended
	December 27, 2014			December 28, 2013			December 27, 2014			December 28, 2013
	(Thousands)
Sales:
Electronics Marketing	$	4,435,190		$	4,154,783		$	8,809,285		$	8,092,907
Technology Solutions	3,116,690			3,267,071			5,582,181			5,674,422
	$	7,551,880		$	7,421,854		$	14,391,466		$	13,767,329
Operating income (expense):
Electronics Marketing	$	191,449		$	171,685		$	394,160		$	347,468
Technology Solutions	117,582			120,225			179,974			182,816
Corporate	(34,435		)	(28,702		)	(75,813		)	(67,596		)
	274,596			263,208			498,321			462,688
Restructuring, integration and other expenses     (Note 13)	(13,257		)	(28,442		)	(31,577		)	(40,541		)
Amortization of acquired intangible assets and other	(11,052		)	(13,194		)	(23,260		)	(21,588		)
	$	250,287		$	221,572		$	443,484		$	400,559
Sales, by geographic area:
Americas (1)	$	3,051,888		$	3,063,643		$	5,699,008		$	5,552,311
EMEA (2)	2,062,052			2,152,921			4,037,431			3,945,010
Asia/Pacific (3)	2,437,940			2,205,290			4,655,027			4,270,008
	$	7,551,880		$	7,421,854		$	14,391,466		$	13,767,329

_____________________

⁽¹⁾  Includes sales from the United States of $2.70 billion and $2.69 billion for the quarters ended December 27, 2014, and December 28, 2013, respectively. Includes sales in the United States of $5.06 billion and $4.93 billion for the first six months of fiscal 2015 and 2014, respectively.

⁽²⁾  Includes sales from Germany and the United Kingdom of $787.8 million and $384.8 million, respectively, for the quarter ended December 27, 2014 and $1.53 billion and $745.2 million, respectively, for the first six months of fiscal 2015. Includes sales from Germany and the United Kingdom of $921.7 million and $355.8 million, respectively, for the quarter ended December 28, 2013, and $1.64 billion and $640.8 million, respectively, for the first six months of fiscal 2014.

⁽³⁾  Includes sales from China (including Hong Kong) and Taiwan of $727.1 million and $1.01 billion, respectively, for the quarter ended December 27, 2014, and $1.47 billion and $1.82 billion, respectively, for the first six months of fiscal 2015. Includes sales from China (including Hong Kong) and Taiwan of $728.2 million and $767.3 million, respectively, for the quarter ended December 28, 2013, and $1.46 billion and $1.40 billion, respectively, for the first six months of fiscal 2014.

	December 27, 2014		June 28, 2014
	(Thousands)
Assets:
Electronics Marketing	$	6,558,336	$	6,840,166
Technology Solutions	4,421,508		4,140,230
Corporate	511,250		275,121
	$	11,491,094	$	11,255,517
Property, plant, and equipment, net, by geographic area:
Americas (1)	$	338,476	$	306,167
EMEA (2)	174,859		199,374
Asia/Pacific	28,569		29,458
	$	541,904	$	534,999

_____________________

⁽¹⁾  Includes property, plant and equipment, net, of $330.9 million and $298.1 million as of December 27, 2014 and June 28, 2014, respectively, in the United States.

⁽²⁾  Includes property, plant and equipment, net, of $84.4 million and $54.9 million in Germany and Belgium, respectively, as of December 27, 2014 and $95.5 million and $61.0 million in Germany and Belgium, respectively, as of June 28, 2014.