Segment information

9 Months Ended

Apr. 02, 2016

Segment information

Segment information

12. 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 and software developers. TS also provides the latest hard disk drives, microprocessor, motherboard and DRAM module technologies to manufacturers of general-purpose computers and system builders.

	Third Quarters Ended				Nine Months Ended
	April 2,		March 28,		April 2,		March 28,
	2016		2015		2016		2015
	(Thousands)
Sales:
Electronics Marketing	$	4,041,527	$	4,219,528	$	12,627,543	$	13,028,812
Technology Solutions		2,133,189		2,517,332		7,364,924		8,099,514
	$	6,174,716	$	6,736,860	$	19,992,467	$	21,128,326
Operating income (expense):
Electronics Marketing	$	183,271	$	197,287	$	570,286	$	591,447
Technology Solutions		55,498		68,098		247,136		248,072
Corporate		(33,546)		(34,992)		(116,530)		(110,805)
		205,223		230,393		700,892		728,714
Restructuring, integration and other expenses (Note 13)		(16,172)		(15,494)		(63,352)		(47,071)
Amortization of acquired intangible assets and other		(7,433)		(11,187)		(22,845)		(34,447)
	$	181,618	$	203,712	$	614,695	$	647,196
Sales, by geographic area:
Americas (1)	$	2,433,904	$	2,677,745	$	7,958,408	$	8,376,754
EMEA (2)		1,946,575		1,969,069		5,897,243		6,006,500
Asia/Pacific (3)		1,794,237		2,090,046		6,136,816		6,745,072
	$	6,174,716	$	6,736,860	$	19,992,467	$	21,128,326

(1)Includes sales from the United States of $2.20billion and $2.39 billion for the quarters ended April 2, 2016, and March 28, 2015, respectively. Includes sales from the United States of $7.20 billion and $7.45 billion for the first nine months of fiscal 2016 and 2015, respectively.

(2)Includes sales from Germany and the United Kingdom of $749.4 million and $294.2 million, respectively, for the quarter ended April 2, 2016, and $2.31 billion and $975.3 million, respectively, for the first nine months of fiscal 2016. Includes sales from Germany and the United Kingdom of $688.7 million and $372.3 million, respectively, for the quarter ended March 28, 2015, and $2.22 billion and $1.12 billion, respectively, for the first nine months of fiscal 2015.

(3)Includes sales from China (including Hong Kong) and Taiwan of $627.1 million and $586.6 million, respectively, for the quarter ended April 2, 2016, and $2.05 billion and $2.27 billion, respectively, for the first nine months of fiscal 2016. Includes sales from China (including Hong Kong) and Taiwan of $667.5 million and $802.2 million, respectively, for the quarter ended March 28, 2015, and $2.13 billion and $2.62 billion, respectively, for the first nine months of fiscal 2015.

	April 2,		June 27,
	2016		2015
	(Thousands)
Assets:
Electronics Marketing	$	6,669,914	$	6,497,714
Technology Solutions		3,742,670		3,608,953
Corporate		712,876		693,286
	$	11,125,460	$	10,799,953
Property, plant, and equipment, net, by geographic area:
Americas (1)	$	400,969	$	358,063
EMEA (2)		179,850		182,311
Asia/Pacific		29,928		28,405
	$	610,747	$	568,779

(1)Includes property, plant and equipment, net, of $391.1 million and $352.2 million as of April 2, 2016, and June 27, 2015, respectively, in the United States.

(2)Includes property, plant and equipment, net, of $75.4 million and $73.1 million in Germany and Belgium, respectively, as of April 2, 2016, and $74.2 million and $74.7 million in Germany and Belgium, respectively, as of June 27, 2015.