Segment information

6 Months Ended

Dec. 30, 2023

Segment information

Segment information

13. Segment information

Electronic Components (“EC”) and Farnell (“Farnell”) are the Company’s reportable segments (“operating groups”).

	Second Quarters Ended				Six Months Ended
	December 30,		December 31,		December 30,		December 31,
	2023		2022		2023		2022
	(Thousands)
Sales:
Electronic Components	$	5,812,118	$	6,309,494	$	11,726,523	$	12,633,717
Farnell		392,796		408,027		814,039		833,937
		6,204,914		6,717,521		12,540,562		13,467,654
Operating income:
Electronic Components	$	247,899	$	296,709	$	520,650	$	563,962
Farnell		15,710		36,905		33,382		88,516
		263,609		333,614		554,032		652,478
Corporate expenses		(21,405)		(33,100)		(50,130)		(58,669)
Restructuring, integration and other expenses		(5,235)		—		(12,286)		—
Amortization of acquired intangible assets		(712)		(1,541)		(1,590)		(4,300)
Operating income	$	236,257	$	298,973	$	490,026	$	589,509
Sales, by geographic area:
Americas	$	1,588,508	$	1,681,177	$	3,162,029	$	3,360,079
EMEA		2,113,550		2,255,878		4,421,601		4,385,418
Asia		2,502,856		2,780,466		4,956,932		5,722,157
Sales	$	6,204,914	$	6,717,521	$	12,540,562	$	13,467,654