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Reportable Business Segments (Tables)
9 Months Ended
Sep. 30, 2012
Reportable Business Segments  
Schedule of segment reporting information by segment

 

 

The segment results for the three months ended September 30, 2012 and 2011 are as follows:

 

 

 

Interconnect Products
and Assemblies

 

Cable
Products

 

Total

 

 

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

-external

 

$

1,033,309

 

$

957,153

 

$

70,067

 

$

75,601

 

$

1,103,376

 

$

1,032,754

 

-inter-segment

 

1,434

 

1,818

 

4,063

 

6,039

 

5,497

 

7,857

 

Segment operating income

 

224,517

 

205,611

 

8,697

 

9,874

 

233,214

 

215,485

 

 

The segment results for the nine months ended September 30, 2012 and 2011 are as follows:

 

 

 

Interconnect Products
and Assemblies

 

Cable
Products

 

Total

 

 

 

2012

 

2011

 

2012

 

2011

 

2012

 

2011

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

-external

 

$

2,926,834

 

$

2,778,418

 

$

219,253

 

$

212,659

 

$

3,146,087

 

$

2,991,077

 

-inter-segment

 

3,429

 

4,801

 

14,504

 

16,799

 

17,933

 

21,600

 

Segment operating income

 

627,962

 

603,103

 

29,831

 

26,833

 

657,793

 

629,936

 

Schedule of the reconciliation of segment operating income to consolidated income before income taxes

 

 

 

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

 

 

2012

 

2011

 

2012

 

2011

 

Segment operating income

 

$

233,214

 

$

215,485

 

$

657,793

 

$

629,936

 

Interest expense

 

(15,166

)

(10,498

)

(44,014

)

(31,885

)

Interest income

 

2,954

 

2,871

 

8,484

 

7,000

 

Stock-based compensation expense

 

(8,066

)

(7,630

)

(23,167

)

(21,011

)

Change in contingent acquisition related obligations

 

 

 

 

17,813

 

Casualty loss related to flood

 

 

(12,831

)

 

(12,831

)

Other costs, net

 

(9,796

)

(9,581

)

(28,528

)

(27,800

)

Income before income taxes

 

$

203,140

 

$

177,816

 

$

570,568

 

$

561,222