Segment information

9 Months Ended

Mar. 28, 2015

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. 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
	March 28,		March 29,		March 28,		March 29,
	2015		2014		2015		2014
	(Thousands)
Sales:
Electronics Marketing	$	4,219,528	$	4,133,004	$	13,028,812	$	12,225,911
Technology Solutions		2,517,332		2,550,612		8,099,514		8,225,034
	$	6,736,860	$	6,683,616	$	21,128,326	$	20,450,945
Operating income (expense):
Electronics Marketing	$	197,287	$	193,437	$	591,447	$	540,905
Technology Solutions		68,098		60,887		248,072		243,703
Corporate		(34,992)		(30,530)		(110,805)		(98,126)
		230,393		223,794		728,714		686,482
Restructuring, integration and other expenses (Note 13)		(15,494)		(26,083)		(47,071)		(66,624)
Amortization of acquired intangible assets and other		(11,187)		(12,868)		(34,447)		(34,456)
	$	203,712	$	184,843	$	647,196	$	585,402
Sales, by geographic area:
Americas (1)	$	2,677,745	$	2,567,139	$	8,376,754	$	8,119,450
EMEA (2)		1,969,069		2,160,383		6,006,500		6,105,393
Asia/Pacific (3)		2,090,046		1,956,094		6,745,072		6,226,102
	$	6,736,860	$	6,683,616	$	21,128,326	$	20,450,945

(1)Includes sales from the United States of $2.39billion and $2.30 billion for the quarters ended March 28, 2015, and March 29, 2014, respectively. Includes sales from the United States of $7.45 billion and $7.20 billion for the first nine months of fiscal 2015 and 2014, respectively.

(2)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. Includes sales from Germany of $861.4 million for the quarter ended March 29, 2014, and $2.50 billion for the first nine months of fiscal 2014.

(3)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. Includes sales from China (including Hong Kong) and Taiwan of $700.3 million and $605.7 million, respectively, for the quarter ended March 29, 2014, and $2.20 billion and $2.00 billion, respectively, for the first nine months of fiscal 2014.

	March 28,		June 28,
	2015		2014
	(Thousands)
Assets:
Electronics Marketing	$	6,367,106	$	6,840,166
Technology Solutions		3,699,717		4,140,230
Corporate		547,682		275,121
	$	10,614,505	$	11,255,517
Property, plant, and equipment, net, by geographic area:
Americas (1)	$	340,844	$	306,167
EMEA (2)		179,385		199,374
Asia/Pacific		28,204		29,458
	$	548,433	$	534,999

(1)Includes property, plant and equipment, net, of $335.4 million and $298.1 million as of March 28, 2015 and June 28, 2014, respectively, in the United States.

(2)Includes property, plant and equipment, net, of $73.9 million and $73.5 million in Germany and Belgium, respectively, as of March 28, 2015 and $95.5 million and $61.0 million in Germany and Belgium, respectively, as of June 28, 2014.