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Operating Segment Information
 6 Months Ended
Dec. 28, 2014
Segment Reporting [Abstract]  
Operating Segment Information
Operating Segment Information
Emulex has two reportable business segments, Connectivity (formerly referred to as Networking) and Visibility. The Visibility segment was formed as a result of the acquisition of Endace on February 26, 2013. The Connectivity segment includes the operating results of Network Connectivity Products (NCP) and Storage Connectivity and Other Products (SCOP). The Visibility segment includes the operating results of Network Visibility Products (NVP) resulting from the Endace acquisition.
The chief operating decision maker measures the performance of each of these segments based on adjusted operating results. The operating results of each segment are adjusted for certain expenses and reflect an additional way of viewing aspects of the Company's operations, factors and trends. However, these measures should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with accounting principles generally accepted in the United States.
 
 
Three Months Ended
 
Six Months Ended
 
December 28, 2014
 
December 29, 2013
 
December 28, 2014
 
December 29, 2013
 
(in thousands)
Net revenues:
 
 
 
 
 
 
 
Connectivity
$
104,801

 
$
113,348

 
$
202,736

 
$
218,083

Visibility
6,286

 
9,648

 
12,160

 
19,745

Consolidated net revenues
$
111,087

 
$
122,996

 
$
214,896

 
$
237,828

 
 
 
 
 
 
 
 
Adjusted operating income (loss):
 
 
 
 
 
 
 
Connectivity
$
22,708

 
$
22,143

 
38,625

 
36,860

Visibility
(2,562
)
 
(1,488
)
 
(5,516
)
 
(2,732
)
Subtotal
20,146

 
20,655

 
33,109

 
34,128

Reconciling items:
 
 
 
 
 
 
 
Stock-based compensation
(3,024
)
 
(3,744
)
 
(6,555
)
 
(8,316
)
Amortization of intangibles
(6,931
)
 
(7,842
)
 
(13,885
)
 
(15,606
)
Patent litigation damages, license fees and royalties
(2,090
)
 
(2,358
)
 
(3,815
)
 
(3,855
)
Mitigation expenses related to the Broadcom patents
(8
)
 
(930
)
 
(182
)
 
(3,449
)
Restructuring activities
480

 
(7,450
)
 
853

 
(7,450
)
Other
(268
)
 
80

 
(87
)
 
(293
)
Reconciling items
(11,841
)
 
(22,244
)
 
(23,671
)
 
(38,969
)
Operating income (loss)
$
8,305

 
$
(1,589
)
 
9,438

 
(4,841
)
 
 
 
 
 
 
 
 
 
 
 
 
 
December 28, 2014
 
June 29, 2014
 
 
 
(in thousands)
Total assets:
 
 
 
 
 
 
 
Connectivity
 
 
 
 
$
537,457

 
$
568,709

Visibility
 
 
 
 
184,929

 
149,214

 
 
 
 
 
$
722,386

 
$
717,923

Goodwill:
 
 
 
 
 
 
 
Connectivity
 
 
 
 
$
177,290

 
$
177,290

Visibility
 
 
 
 
71,229

 
71,229

 
 
 
 
 
$
248,519

 
$
248,519