Segment information (Tables)

3 Months Ended

Sep. 29, 2018

Table of the Company's segments and the related financial information for each


	First Quarters Ended
	September 29,		September 30,
	2018		2017
	(Thousands)
Sales:
Electronic Components	$	4,710,825	$	4,307,251
Premier Farnell		379,054		353,692
		5,089,879		4,660,943
Operating income:
Electronic Components	$	161,913	$	139,601
Premier Farnell		40,793		32,632
		202,706		172,233
Corporate (1)		(20,175)		(35,686)
Restructuring, integration and other expenses		(14,788)		(46,394)
Amortization of acquired intangible assets and other		(20,927)		(25,585)
Operating income	$	146,816	$	64,568

Sales, by geographic area:
Americas (2)	$	1,271,793	$	1,185,485
EMEA (3)		1,714,917		1,692,985
Asia/Pacific (4)		2,103,169		1,782,473
Sales	$	5,089,879	$	4,660,943

(1)Corporate is not a reportable segment and represents certain centrally incurred overhead expenses and assets that are not included in the EC and PF measures of profitability or assets. Corporate amounts represent a reconciling item between segment measures of profitability or assets and total Avnet amounts reported in the consolidated financial statements.

(2)Includes sales from the United States of $1.18 billion and $1.10 billion for the first quarters ended September 29, 2018 and September 30, 2017, respectively.

(3)Includes sales from Germany and Belgium of $685.7 million and $280.1 million, respectively, for the first quarter ended September 29, 2018. Includes sales from Germany and Belgium of $681.0 million and $262.5 million, respectively, for the first quarter ended September 30, 2017.

(4)Includes sales from China (including Hong Kong), Taiwan and Singapore of $693.1 million, $888.7 million and $280.4 million, respectively, for the first quarter ended September 29, 2018. Includes sales from China (including Hong Kong), Taiwan and Singapore of $655.4 million, $657.5 million and $228.9 million, respectively, for the first quarter ended September 30, 2017.

Table of Assets by reportable segment and long-lived assets by geographic area


	September 29,		June 30,
	2018		2018
	(Thousands)
Property, plant, and equipment, net, by geographic area:
Americas (1)	$	272,398	$	276,156
EMEA (2)		212,486		204,797
Asia/Pacific		40,989		41,956
Property, plant, and equipment, net	$	525,873	$	522,909

(1)Includes property, plant and equipment, net, of $267.5 million and $271.4 million as of September 29, 2018, and June 30, 2018, respectively, in the United States.

(2)Includes property, plant and equipment, net, of $99.4 million, $50.8 million and $52.7 million in Germany, UK and Belgium, respectively, as of September 29, 2018; and $99.4 million, $52.5 million and $43.4 million in Germany, UK and Belgium, respectively, as of June 30, 2018.