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Operating Segment Information
 9 Months Ended
Mar. 29, 2015
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
 
Nine Months Ended
 
March 29, 2015
 
March 30, 2014
 
March 29, 2015
 
March 30, 2014
 
(in thousands)
Net revenues:
 
 
 
 
 
 
 
Connectivity
$
89,294

 
$
102,672

 
$
292,030

 
$
320,755

Visibility
7,002

 
7,058

 
19,162

 
26,803

Consolidated net revenues
$
96,296

 
$
109,730

 
$
311,192

 
$
347,558

 
 
 
 
 
 
 
 
Adjusted operating income (loss):
 
 
 
 
 
 
 
Connectivity
$
14,337

 
$
17,107

 
52,962

 
53,967

Visibility
(1,452
)
 
(3,085
)
 
(6,968
)
 
(5,817
)
Subtotal
12,885

 
14,022

 
45,994

 
48,150

Reconciling items:
 
 
 
 
 
 
 
Stock-based compensation
(4,564
)
 
(3,910
)
 
(11,119
)
 
(12,226
)
Amortization of intangibles
(6,757
)
 
(7,824
)
 
(20,642
)
 
(23,430
)
Patent litigation damages, license fees and royalties
(1,976
)
 
(1,978
)
 
(5,791
)
 
(5,833
)
Mitigation expenses related to the Broadcom patents
(25
)
 
(5,104
)
 
(207
)
 
(8,553
)
Restructuring activities
—

 
(416
)
 
853

 
(7,866
)
Impairment of goodwill and intangible assets
(57,895
)
 
—

 
(57,895
)
 
—

Avago acquisition costs
(4,522
)
 
—

 
(4,522
)
 
—

Other
(535
)
 
(607
)
 
(622
)
 
(900
)
Reconciling items
(76,274
)
 
(19,839
)
 
(99,945
)
 
(58,808
)
Operating loss
$
(63,389
)
 
$
(5,817
)
 
(53,951
)
 
(10,658
)
 
 
 
 
 
 
 
 
 
 
 
 
 
March 29, 2015
 
June 29, 2014
 
 
 
(in thousands)
Total assets:
 
 
 
 
 
 
 
Connectivity
 
 
 
 
$
562,868

 
$
568,709

Visibility
 
 
 
 
94,687

 
149,214

 
 
 
 
 
$
657,555

 
$
717,923

Goodwill:
 
 
 
 
 
 
 
Connectivity
 
 
 
 
$
177,290

 
$
177,290

Visibility
 
 
 
 
35,940

 
71,229

 
 
 
 
 
$
213,230

 
$
248,519