Segment information

6 Months Ended

Jan. 02, 2021

Segment information

Segment information

15. Segment information

Electronic Components (“EC”) and Farnell (“Farnell”) are the Company’s reportable segments (“operating groups”). EC markets and sells semiconductors and interconnect, passive and electromechanical devices and integrated components to a diverse customer base serving many end-markets. Farnell distributes electronic components and related products to the electronic system design community utilizing multi-channel sales and marketing resources.

	Second Quarters Ended				Six Months Ended
	January 2,		December 28,		January 2,		December 28,
	2021		2019		2021		2019
	(Thousands)
Sales:
Electronic Components	$	4,342,386	$	4,203,629	$	8,724,535	$	8,497,815
Farnell		325,786		331,177		666,697		666,999
		4,668,172		4,534,806		9,391,232		9,164,814
Operating income:
Electronic Components	$	103,922	$	93,144	$	188,362	$	205,430
Farnell		14,592		19,954		26,551		41,759
		118,514		113,098		214,913		247,189
Corporate		(38,928)		(30,904)		(70,229)		(57,582)
Restructuring, integration and other expenses		(11,948)		(14,265)		(38,369)		(38,863)
Amortization of acquired intangible assets and other		(10,417)		(21,454)		(30,592)		(41,532)
Operating income	$	57,221	$	46,475	$	75,723	$	109,212
Sales, by geographic area:
Americas (1)	$	1,101,450	$	1,186,582	$	2,307,145	$	2,402,339
EMEA (2)		1,346,347		1,425,859		2,827,020		2,896,782
Asia/Pacific (3)		2,220,375		1,922,365		4,257,067		3,865,693
Sales	$	4,668,172	$	4,534,806	$	9,391,232	$	9,164,814

⁽¹⁾ Includes sales from the United States of $1.03 billion and $1.12 billion for the second quarters ended January 2, 2021 and December 28, 2019, respectively. Includes sales from the United States of $2.16 billion and $2.26 billion for the first six months of fiscal 2021 and 2020, respectively.

⁽²⁾ Includes sales from Germany and Belgium of $520.8 million and $255.0 million, respectively, for the second quarter ended January 2, 2021; and $1.10 billion and $549.4 million, respectively, for the first six months of fiscal 2021. Includes sales from Germany and Belgium of $537.6 million and $281.6 million, respectively, for the second quarter ended December 28, 2019; and $1.12 billion and $559.4 million, respectively, for the first six months of fiscal 2020.

⁽³⁾ Includes sales from China (including Hong Kong), Taiwan and Singapore of $666.0 million, $1.07 billion and $252.6 million, respectively, for the second quarter ended January 2, 2021; and $1.30 billion, $1.99 billion and $524.6 million, respectively, for the first six months of fiscal 2021. Includes sales from China (including Hong Kong), Taiwan and Singapore of $611.8 million, $867.8 million and $243.8 million, respectively, for the second quarter ended December 28, 2019; and $1.24 billion, $1.74 billion and $483.4 million, respectively, for the first six months of fiscal 2020.

	January 2,		June 27,
	2021		2020
	(Thousands)
Property, plant, and equipment, net, by geographic area:
Americas (1)	$	164,979	$	183,892
EMEA (2)		198,857		183,382
Asia/Pacific		39,434		37,333
Property, plant, and equipment, net	$	403,270	$	404,607

⁽¹⁾ Includes property, plant and equipment, net, of $160.9 million and $179.4 million as of January 2, 2021 and June 27, 2020, respectively, in the United States.

⁽²⁾ Includes property, plant and equipment, net, of $87.5 million, $84.8 million and $22.9 million in Germany, the United Kingdom and Belgium, respectively, as of January 2, 2021; and $84.9 million, $72.7 million and $22.4 million in Germany, the United Kingdom and Belgium, respectively, as of June 27, 2020.