Segment information (Tables)

3 Months Ended

Sep. 28, 2019

Table of the Company's segments and the related financial information for each


	First Quarters Ended
	September 28,		September 29,
	2019		2018
	(Thousands)
Sales:
Electronic Components	$	4,294,187	$	4,710,825
Farnell		335,822		379,054
		4,630,009		5,089,879
Operating income:
Electronic Components	$	112,286	$	161,913
Farnell		21,805		40,793
		134,091		202,706
Corporate ⁽¹⁾		(26,677)		(20,175)
Restructuring, integration and other expenses		(24,598)		(14,788)
Amortization of acquired intangible assets and other		(20,078)		(20,927)
Operating income	$	62,738	$	146,816

Sales, by geographic area:
Americas ⁽²⁾	$	1,215,757	$	1,271,793
EMEA ⁽³⁾		1,470,924		1,714,917
Asia/Pacific ⁽⁴⁾		1,943,328		2,103,169
Sales	$	4,630,009	$	5,089,879

⁽¹⁾

Corporate is not a reportable segment and represents certain centrally incurred overhead expenses and assets that are not included in the EC and Farnell measures of profitability or assets. Corporate amounts represent a reconciling item between segment measures of profitability or assets and total Avnet amounts reported in the consolidated financial statements.

⁽²⁾	Includes sales from the United States of $1.14 billion and $1.18 billion for the first quarters ended September 28, 2019 and September 29, 2018, respectively.

⁽³⁾	Includes sales from Germany and Belgium of $580.3 million and $277.8 million, respectively, for the first quarter ended September 28, 2019. Includes sales from Germany and Belgium of $685.7 million and $280.1 million, respectively, for the first quarter ended September 29, 2018.

⁽⁴⁾

Includes sales from China (including Hong Kong), Taiwan and Singapore of $623.5 million, $870.4 million and $239.6 million, respectively, for the first quarter ended September 28, 2019. Includes sales from China (including Hong Kong), Taiwan and Singapore of $693.1 million, $888.7 million and $280.4 million, respectively, for the first quarter ended September 29, 2018.

Table of Assets by reportable segment and long-lived assets by geographic area


	September 28,		June 29,
	2019		2019
	(Thousands)
Property, plant, and equipment, net, by geographic area:
Americas ⁽¹⁾	$	208,925	$	213,802
EMEA ⁽²⁾		192,338		200,379
Asia/Pacific		36,204		37,990
Property, plant, and equipment, net	$	437,467	$	452,171

⁽¹⁾	Includes property, plant and equipment, net, of $205.4 million and $209.9 million as of September 28, 2019, and June 29, 2019, respectively, in the United States.

⁽²⁾	Includes property, plant and equipment, net, of $87.3 million, $72.0 million and $23.5 million in Germany, the UK and Belgium, respectively, as of September 28, 2019; and $95.2 million, $70.5 million and $25.2 million in Germany, the UK and Belgium, respectively, as of June 29, 2019.