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Segment Reporting (Tables)
3 Months Ended
Mar. 29, 2014
Summary of Financial Information for Reportable Segments
Summarized financial information for the Company’s reportable segments is shown in the following table:
 
 
Three months ended
(In thousands)
March 29, 2014
 
March 30, 2013
Net sales
 
 
 
CCS
$
105,318

 
$
103,961

ME
42,791

 
44,132

SMD
17,695

 
16,977

Total net sales
$
165,804

 
$
165,070

 
 
Three months ended
(In thousands)
March 29, 2014
 
March 30, 2013
Segment profit
 
 
 
CCS
$
24,480

 
$
22,078

ME
7,837

 
9,325

SMD
1,913

 
2,216

Total segment profit
$
34,230

 
$
33,619

Reconciliation of Total Segment Profit to Operating Income
The following table reconciles total segment profit to operating income:
 
 
Three months ended
(In thousands)
March 29, 2014
 
March 30, 2013
Total segment profit
$
34,230

 
$
33,619

Less:
 
 
 
Amortization of intangible assets
2,336

 
2,287

Unallocated general and administrative expenses
13,355

 
11,085

Operating income
18,539

 
20,247

Other income, net
(16
)
 
(1,348
)
Income before income taxes
$
18,555

 
$
21,595