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Segment information
3 Months Ended
Oct. 02, 2021
Segment information  
Segment information

13. 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.

First Quarters Ended

October 2,

October 3,

2021

    

2020

 

(Thousands)

Sales:

    

    

    

    

Electronic Components

$

5,129,497

$

4,382,148

Farnell

455,198

340,911

5,584,695

4,723,059

Operating income:

Electronic Components

$

162,462

$

84,440

Farnell

49,593

11,959

212,055

96,399

Corporate

(33,301)

(31,302)

Restructuring, integration and other expenses

 

(5,272)

 

(26,420)

Amortization of acquired intangible assets and other

(5,239)

(20,175)

Operating income

$

168,243

$

18,502

Sales, by geographic area:

Americas (1)

$

1,258,811

$

1,205,695

EMEA (2)

 

1,747,579

 

1,480,674

Asia/Pacific (3)

 

2,578,305

 

2,036,690

Sales

$

5,584,695

$

4,723,059

(1)

Includes sales from the United States of $1.16 billion and $1.13 billion for the first quarters ended October 2, 2021, and October 3, 2020, respectively.

(2)

Includes sales from Germany and Belgium of $697.1 million and $307.6 million, respectively, for the first quarter ended October 2, 2021. Includes sales from Germany and Belgium of $574.8 million and $294.4 million, respectively, for the first quarter ended October 3, 2020.

(3)

Includes sales from China (including Hong Kong), Taiwan and Singapore of $826.8 million, $1.20 billion and $264.0 million, respectively, for the first quarter ended October 2, 2021. Includes sales from China (including Hong Kong), Taiwan and Singapore of $631.8 million, $916.3 million and $272.0 million, respectively, for the first quarter ended October 3, 2020.

October 2,

July 3,

 

2021

2021

 

 

(Thousands)

Property, plant, and equipment, net, by geographic area:

Americas (1)

$

138,380

$

146,042

EMEA (2)

 

178,887

 

185,753

Asia/Pacific

 

34,606

 

36,657

Property, plant, and equipment, net

$

351,873

$

368,452

(1)

Includes property, plant and equipment, net, of $135.0 million and $142.7 million as of October 2, 2021, and July 3, 2021, respectively, in the United States.

(2)

Includes property, plant and equipment, net, of $74.1 million, $81.0 million and $19.9 million in Germany, the United Kingdom and Belgium, respectively, as of October 2, 2021; and $77.9 million, $83.5 million and $20.9 million in Germany, the United Kingdom and Belgium, respectively, as of July 3, 2021.