Segment information

3 Months Ended

Oct. 01, 2022

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 (i) semiconductors, (ii) interconnect, passive and electromechanical devices, and (iii) 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 1,		October 2,
	2022		2021
	(Thousands)
Sales:
Electronic Components	$	6,324,223	$	5,129,497
Farnell		425,910		455,198
		6,750,133		5,584,695
Operating income:
Electronic Components	$	267,253	$	162,462
Farnell		51,611		49,593
		318,864		212,055
Corporate		(25,568)		(33,301)
Restructuring, integration and other expenses		—		(5,272)
Amortization of acquired intangible assets and other		(2,759)		(5,239)
Operating income	$	290,537	$	168,243
Sales, by geographic area:
Americas (1)	$	1,678,903	$	1,258,811
EMEA (2)		2,129,539		1,747,579
Asia (3)		2,941,691		2,578,305
Sales	$	6,750,133	$	5,584,695

⁽¹⁾ Includes sales from the United States of $1.57 billion and $1.16 billion for the first quarters ended October 1, 2022, and October 2, 2021, respectively.

⁽²⁾ Includes sales from Germany and Belgium of $906.8 million and $352.3 million, respectively, for the first quarter ended October 1, 2022. Includes sales from Germany and Belgium of $697.1 million and $307.6 million, respectively, for the first quarter ended October 2, 2021.

⁽³⁾ Includes sales from China (including Hong Kong), Taiwan and Singapore of $959.2 million, $1.27 billion and $394.0 million, respectively, for the first quarter ended October 1, 2022. 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.

	October 1,		July 2,
	2022		2022
	(Thousands)
Property, plant, and equipment, net, by geographic area:
Americas (1)	$	113,741	$	115,422
EMEA (2)		158,507		170,128
Asia		27,820		29,654
Property, plant, and equipment, net	$	300,068	$	315,204

⁽¹⁾ Includes property, plant and equipment, net, of $111.0 million and $112.4 million as of October 1, 2022, and July 2, 2022, respectively, in the United States.

⁽²⁾ Includes property, plant and equipment, net, of $64.7 million, $72.5 million and $15.1 million in Germany, the United Kingdom and Belgium, respectively, as of October 1, 2022; and $67.6 million, $79.8 million and $16.7 million in Germany, the United Kingdom and Belgium, respectively, as of July 2, 2022.