Segment and Geographic Information | 9. Segment and Geographic Information: Our operating segments are based on the types of products from which we generate revenues. We are organized into a product line organization with five main product groups and three reportable segments: Passive Components, KED Resale, and Interconnect. The product groups of Ceramic, Advanced, and Tantalum have been aggregated into the Passive Components reportable segment in accordance with the aggregation criteria and quantitative thresholds. The aggregation criteria consist of similar economic characteristics, products and services, production processes, customer classes, and distribution channels. The Passive Components segment consists primarily of surface mount and leaded ceramic capacitors, RF thick and thin film components, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, ceramic and film power capacitors, super capacitors, EMI filters (bolt in and surface mount), thick and thin film packages of multiple passive integrated components, varistors, thermistors, inductors, and resistive products manufactured by AVX or purchased from other manufacturers for resale. The KED Resale segment consists primarily of ceramic capacitors, frequency control devices, SAW devices, sensor products, RF modules, actuators, acoustic devices, and connectors produced by Kyocera and resold by AVX. The Interconnect segment consists primarily of automotive, telecom, and memory connectors manufactured by or for AVX Interconnect. Sales and operating results from these reportable segments are shown in the tables below. In addition, we have a corporate administration group consisting of finance, legal, EHS, and administrative activities. We evaluate performance of our segments based upon sales and operating profit. There are no intersegment revenues. We allocate the costs of shared resources between segments based on each segment ’ s usage of the shared resources. Cash, accounts receivable, investments in securities, and certain other assets, which are centrally managed, are not readily allocable to operating segments. The tables below present information about reported segments: Three Months Ended Six Months Ended September 30, September 30, Sales Revenue: 2015 2016 2015 2016 Ceramic Components $ 41,858 $ 46,432 $ 84,878 $ 96,555 Tantalum Components 78,942 78,600 159,561 156,131 Advanced Components 87,611 89,112 173,526 172,407 Total Passive Components 208,411 214,144 417,965 425,093 KDP and KCD Resale 63,747 76,392 117,887 142,952 KCP Resale Connectors 5,827 7,755 12,411 14,582 Total KED Resale 69,574 84,147 130,298 157,534 AVX Interconnect 26,376 29,170 56,614 59,657 Total Revenue $ 304,361 $ 327,461 $ 604,877 $ 642,284 Three Months Ended Six Months Ended September 30, September 30, 2015 2016 2015 2016 Operating profit: Passive Components $ 51,480 $ 41,428 $ 105,063 $ 87,060 KED Resale 4,876 5,115 9,132 9,599 Interconnect 5,016 4,525 11,185 9,743 Corporate activities (23,620) (18,316) (38,959) (38,864) Total $ 37,752 $ 32,752 $ 86,421 $ 67,538 As of As of March 31, 2016 September 30, 2016 Assets: Passive Components $ 618,642 $ 572,010 KED Resale 30,179 39,415 Interconnect 49,646 48,849 Cash, A/R, and investments in securities 1,203,051 1,256,010 Goodwill - Passive components 202,774 202,774 Goodwill - Interconnect 10,277 10,277 Corporate activities 295,250 306,633 Total $ 2,409,819 $ 2,435,968 The following geographic data is based upon net sales generated by operations located within particular geographic are as. Substantially all of the sales in the Americas region were generated in the United States. Three Months Ended Six Months Ended September 30, September 30, 2015 2016 2015 2016 Net sales: Americas $ 89,652 $ 92,946 $ 181,795 $ 185,802 Europe 84,300 86,596 171,427 175,679 Asia 130,409 147,919 251,655 280,803 Total $ 304,361 $ 327,461 $ 604,877 $ 642,284 |