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Operating Segments and Revenue by Product Families, Geographic Area and Significant Customers (Tables)
 12 Months Ended
Jun. 29, 2014
Schedule of Segment Reporting Information by Product Line and Other Segment Information
The Company’s net revenues by segment and product lines are:
 
2014
 
2013
 
2012
 
(In thousands)
Net revenues:
 
 
 
 
 
Connectivity Segment:
 
 
 
 
 
Network Connectivity Products
$
318,940

 
$
360,974

 
$
362,315

Storage Connectivity & Other Products
94,515

 
104,409

 
139,454

Total Connectivity Segment
413,455

 
465,383

 
501,769

Visibility Segment:
 
 
 
 
 
Network Visibility Products
33,878

 
13,184

 
—

Total net revenues
$
447,333

 
$
478,567

 
$
501,769
Revenues by Geographic Area - Revenues by Individual International Countries
The Company’s consolidated net revenues by geographic area based on bill-to location are:
 
2014
 
2013
 
2012
 
(In thousands)
Asia Pacific
$
264,771

 
59
%
 
$
284,064

 
60
%
 
$
286,572

 
57
%
United States
114,427

 
26
%
 
121,719

 
25
%
 
137,504

 
28
%
Europe, Middle East, and Africa
65,286

 
14
%
 
66,457

 
14
%
 
76,394

 
15
%
Rest of the world
2,849

 
1
%
 
6,327

 
1
%
 
1,299

 
—
%
Total net revenues
$
447,333

 
100
%
 
$
478,567

 
100
%
 
$
501,769

 
100
%
Individual international countries with more than 10% of consolidated net revenue based on bill-to location are:
 
Net Revenues
 
2014
 
2013
 
2012
Singapore
34
%
 
39
%
 
39
%
Taiwan
13
%
 
12
%
 
10
Schedule of Company's Consolidated Long-lived Assets
 
Long-Lived Assets
 
2014
 
2013
United States
$
49,138

 
$
53,014

International
10,770

 
9,401

 
$
59,908

 
$
62,415
Schedule of Company's Consolidated Net Assets
 
Net Assets
 
2014
 
2013
United States
$
218,021

 
$
330,422

International
236,625

 
257,203

 
$
454,646

 
$
587,625
Significant Customers Direct Revenues and Accounts Receivable
The following table represents direct sales to customers accounting for greater than 10% of the Company’s consolidated net revenues or customer accounts receivable accounting for greater than 10% of the Company’s accounts receivable. Revenues and related accounts receivable from these customers are derived under Networking Segment contracts.
 
Net Revenues
 
Accounts
Receivable
 
2014
 
2013
 
2012
 
2014
 
2013
Hewlett-Packard
16
%
 
19
%
 
22
%
 
12
%
 
17
%
Hon Hai Precision Industry Co., Ltd. (Foxconn Technology Group)(1)
13
%
 
12
%
 
—

 
11
%
 
13
%
IBM
29
%
 
32
%
 
32
%
 
32
%
 
36
%

(1)
Hon Hai Precision Industry Co., Ltd. is a contract manufacturer that performed manufacturing for some of our OEM customers.
Direct and Indirect Net Revenues by Significant Customer
Customers with total direct and indirect revenues, including customer specific models purchased indirectly through distributors, resellers, and other third parties, of more than 10% in the current fiscal year were as follows:
 
Net Revenues
 
2014
 
2013
 
2012
EMC
10
%
 
11
%
 
—

Hewlett-Packard
22
%
 
23
%
 
24
%
IBM
33
%
 
35
%
 
37
%
Other Segment
  
Schedule of Segment Reporting Information by Product Line and Other Segment Information
Other segment information is as follows:
 
2014
 
2013
 
2012
 
(In thousands)
Adjusted operating income (loss):
 
 
 
 
 
Connectivity Segment:
$
64,353

 
$
71,711

 
$
84,871

Visibility Segment:
(9,387
)
 
(2,217
)
 
—

Subtotal
$
54,966

 
$
69,494

 
$
84,871

Reconciling items:
 
 
 
 
 
Stock-based compensation
(15,257
)
 
(21,802
)
 
(22,169
)
Amortization of intangibles
(31,291
)
 
(27,735
)
 
(30,600
)
Patent litigation settlement, damages, and royalties
(7,426
)
 
(4,963
)
 
(37,310
)
Mitigation expenses related to the Broadcom patents
(9,458
)
 
(8,606
)
 
(3,584
)
Site closure and other restructuring costs
(9,152
)
 
(2,704
)
 
—

Other
(2,541
)
 
(4,393
)
 
(1,142
)
Reconciling items
(75,125
)
 
(70,203
)
 
(94,805
)
Operating loss
(20,159
)
 
(709
)
 
(9,934
)
 
 
 
 
 
 
Depreciation:
 
 
 
 
 
Connectivity Segment:
$
16,316

 
$
17,303

 
$
18,064

Visibility Segment:
2,720

 
897

 
—

 
$
19,036

 
$
18,200

 
$
18,064

Amortization
 
 
 
 
 
Connectivity Segment:
$
25,832

 
$
26,137

 
$
30,600

Visibility Segment:
5,459

 
1,598

 
—

 
$
31,291

 
$
27,735

 
$
30,600

Capital Expenditures
 
 
 
 
 
Connectivity Segment:
$
13,262

 
$
15,037

 
$
14,936

Visibility Segment:
2,723

 
685

 
—

 
$
15,985

 
$
15,722

 
$
14,936

 
2014
 
2013
 
(In thousands)
Total Assets
 
 
 
Connectivity Segment:
$
568,709

 
$
549,443

Visibility Segment:
149,214

 
161,266

 
$
717,923

 
$
710,709