Segment and Geographic Information

9 Months Ended

Oct. 01, 2022

Segment Reporting [Abstract]

Segment and Geographic Information [Text Block]

Segment and Geographic InformationThe company is a global provider of products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company distributes electronic components to original equipment

manufacturers and contract manufacturers through its global components business segment and provides enterprise computing solutions to value-added resellers and managed service providers through its global ECS business segment. As a result of the company's philosophy of maximizing operating efficiencies through the centralization of certain functions, selected fixed assets and related depreciation, as well as borrowings, are not directly attributable to the individual operating segments and are included in the corporate business segment. Sales to external customers are based on the company location that maintains the customer relationship and transacts the external sale.

Sales, by segment by geographic area, are as follows:

	Quarter Ended				Nine Months Ended
(thousands)	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Components:
Americas	$	2,445,647	$	2,018,551	$	7,265,552	$	5,690,480
EMEA	1,935,827		1,595,985		5,671,234		4,655,249
Asia/Pacific	2,918,873		3,009,390		9,024,188		9,332,211
Global components	$	7,300,347	$	6,623,926	$	21,960,974	$	19,677,940
ECS:
Americas	$	1,234,158	$	1,203,663	$	3,442,803	$	3,522,356
EMEA	731,927		684,802		2,397,622		2,260,645
Global ECS	$	1,966,085	$	1,888,465	$	5,840,425	$	5,783,001
Consolidated	$	9,266,432	$	8,512,391	$	27,801,399	$	25,460,941

Operating income (loss), by segment, are as follows:

	Quarter Ended				Nine Months Ended
(thousands)	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Operating income (loss):
Global components (a)	$	494,587	$	385,353	$	1,518,423	$	1,001,772
Global ECS	83,976		76,793		253,744		235,251
Corporate (b)	(75,869)		(57,281)		(226,269)		(192,133)
Consolidated	$	502,694	$	404,865	$	1,545,898	$	1,044,890

(a)Global components operating income includes $12.5 million related to proceeds from legal settlements for the first nine months of 2021 (Refer to Note K). Global components operating income for the first nine months of 2021 includes $4.5 million in restructuring, integration, and other charges.

(b)Corporate operating income includes restructuring, integration, and other charges (credits) of $3.6 million and $11.0 million for the third quarter and first nine months of 2022, and $(3.0) million and $7.2 million for the third quarter and first nine months of 2021, respectively.