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

The segment results for the three months ended September 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

 

$

1,268,639 

 

$

1,063,179 

 

$

90,103 

 

$

89,883 

 

$

1,358,742 

 

$

1,153,062 

 

-Inter-segment

 

2,171 

 

1,309 

 

1,289 

 

5,308 

 

3,460 

 

6,617 

 

Segment operating income

 

279,795 

 

233,435 

 

11,290 

 

12,389 

 

291,085 

 

245,824 

 

 

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

 

 

 

Interconnect Products
and Assemblies

 

Cable
Products

 

Total

 

 

 

2014

 

2013

 

2014

 

2013

 

2014

 

2013

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

-External

 

$

3,650,075 

 

$

3,104,856 

 

$

268,913 

 

$

264,078 

 

$

3,918,988 

 

$

3,368,934 

 

-Inter-segment

 

4,855 

 

4,064 

 

13,006 

 

15,118 

 

17,861 

 

19,182 

 

Segment operating income

 

786,820 

 

676,818 

 

33,562 

 

36,432 

 

820,382 

 

713,250 

 

 

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

 

 

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

Segment operating income

 

$

291,085

 

$

245,824

 

$

820,382

 

$

713,250

 

Interest expense

 

(21,089

)

(16,048

)

(60,241

)

(47,126

)

Interest income

 

5,383

 

4,142

 

14,553

 

10,628

 

Stock-based compensation expense

 

(10,133

)

(9,413

)

(29,382

)

(26,584

)

Acquisition-related expenses

 

(2,547

)

(2,537

)

(4,567

)

(2,537

)

Other costs, net

 

(11,221

)

(9,908

)

(32,116

)

(29,861

)

Income before income taxes

 

$

251,478

 

$

212,060

 

$

708,629

 

$

617,770