Segment information

9 Months Ended

Apr. 01, 2023

Segment information

Segment information

13. Segment information

Electronic Components (“EC”) and Farnell (“Farnell”) are the Company’s reportable segments (“operating groups”).

	Third Quarters Ended				Nine Months Ended
	April 1,		April 2,		April 1,		April 2,
	2023		2022		2023		2022
	(Thousands)
Sales:
Electronic Components	$	6,059,635	$	6,019,094	$	18,693,353	$	16,572,940
Farnell		454,984		469,049		1,288,920		1,365,115
		6,514,619		6,488,143		19,982,273		17,938,055
Operating income:
Electronic Components	$	305,244	$	265,017	$	869,206	$	616,383
Farnell		40,911		69,817		129,428		179,598
		346,155		334,834		998,634		795,981
Corporate expenses		(31,650)		(31,091)		(90,321)		(98,016)
Restructuring, integration and other expenses		—		—		—		(5,272)
Russian-Ukraine conflict related expenses		—		(26,261)		—		(26,261)
Amortization of acquired intangible assets and other		(876)		(3,074)		(5,175)		(12,109)
Operating income	$	313,629	$	274,408	$	903,138	$	654,323
Sales, by geographic area:
Americas	$	1,714,943	$	1,627,251	$	5,075,022	$	4,277,630
EMEA		2,393,406		2,185,728		6,778,823		5,774,095
Asia		2,406,270		2,675,164		8,128,428		7,886,330
Sales	$	6,514,619	$	6,488,143	$	19,982,273	$	17,938,055