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Reportable Business Segments (Tables)
6 Months Ended
Jun. 30, 2014
Reportable Business Segments  
Schedule of segment reporting information by segment

The segment results for the three months ended June 30, 2014 and 2013 are as follows:

 

 

 

Interconnect Products
and Assemblies

 

Cable
Products and Solutions

 

Total

 

 

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

-External

 

$

1,222,326

 

$

1,045,751

 

$

91,846

 

$

90,316

 

$

1,314,172

 

$

1,136,067

 

-Inter-segment

 

1,570

 

1,461

 

6,378

 

4,543

 

7,948

 

6,004

 

Segment operating income

 

264,292

 

230,082

 

11,691

 

12,443

 

275,983

 

242,525

 

 

The segment results for the six months ended June 30, 2014 and 2013 are as follows:

 

 

 

Interconnect Products
and Assemblies

 

Cable
Products

 

Total

 

 

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

-External

 

$

2,381,436

 

$

2,041,677

 

$

178,810

 

$

174,195

 

$

2,560,246

 

$

2,215,872

 

-Inter-segment

 

2,684

 

2,755

 

11,717

 

9,810

 

14,401

 

12,565

 

Segment operating income

 

507,025

 

443,383

 

22,272

 

24,043

 

529,297

 

467,426

 

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

 

 

 

 

Three months ended
June 30,

 

Six months ended
June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Segment operating income

 

$

275,983

 

$

242,525

 

$

529,297

 

$

467,426

 

Interest expense

 

(20,081

)

(15,621

)

(39,152

)

(31,078

)

Interest income

 

4,725

 

3,391

 

9,170

 

6,486

 

Stock-based compensation expense

 

(9,973

)

(8,890

)

(19,249

)

(17,175

)

Acquisition-related expenses

 

 

 

(2,020

)

 

Other costs, net

 

(10,632

)

(9,980

)

(20,895

)

(19,949

)

Income before income taxes

 

$

240,022

 

$

211,425

 

$

457,151

 

$

405,710