|
|
|
|
|
Fiscal Year 2020 |
|||||||||||
|
|
|
|
|
Quarters Ended |
|||||||||||
|
|
|
|
Third Quarter |
|
Second Quarter |
|
First Quarter |
||||||||
|
|
Fiscal Year |
|
March 28, |
|
December 28, |
|
September 28, |
||||||||
|
|
2020* |
|
2020* |
|
2019 |
|
2019 |
||||||||
|
|
(in millions) |
||||||||||||||
Sales: |
|
|
|
|
|
|
|
|
|
|
|
|
||||
Electronic Components |
|
$ |
12,472.5 |
|
|
$ |
3,974.7 |
|
|
$ |
4,203.6 |
|
|
$ |
4,294.2 |
|
Farnell |
|
|
1,002.1 |
|
|
|
335.1 |
|
|
|
331.2 |
|
|
|
335.8 |
|
Avnet sales |
|
$ |
13,474.6 |
|
|
$ |
4,309.8 |
|
|
$ |
4,534.8 |
|
|
$ |
4,630.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
| Operating income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
||||
| Electronic Components |
|
$ |
290.3 |
|
|
$ |
84.8 |
|
|
$ |
93.1 |
|
|
$ |
112.3 |
|
| Farnell |
|
|
65.1 |
|
|
|
23.4 |
|
|
|
20.0 |
|
|
|
21.8 |
|
|
|
|
|
355.4 |
|
|
|
108.2 |
|
|
|
113.1 |
|
|
|
134.1 |
|
| Corporate expenses |
|
|
(95.4 |
) |
|
|
(37.8 |
) |
|
|
(30.9 |
) |
|
|
(26.7 |
) |
| Restructuring, integration and other expenses |
|
|
(58.1 |
) |
|
|
(19.2 |
) |
|
|
(14.3 |
) |
|
|
(24.6 |
) |
| Goodwill and intangible asset impairment expense |
|
|
(145.8 |
) |
|
|
(145.8 |
) |
|
|
- |
|
|
|
- |
|
| Amortization of acquired intangible assets and other |
|
|
(62.6 |
) |
|
|
(21.1 |
) |
|
|
(21.4 |
) |
|
|
(20.1 |
) |
| Avnet operating income (loss) |
|
$ |
(6.5 |
) |
|
$ |
(115.8 |
) |
|
$ |
46.5 |
|
|
$ |
62.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
| Sales by geographic area: |
|
|
|
|
|
|
|
|
|
|
|
|
||||
| Americas |
|
$ |
3,605.9 |
|
|
$ |
1,203.6 |
|
|
$ |
1,186.6 |
|
|
$ |
1,215.8 |
|
| EMEA |
|
|
4,409.3 |
|
|
|
1,512.5 |
|
|
|
1,425.8 |
|
|
|
1,470.9 |
|
| Asia |
|
|
5,459.4 |
|
|
|
1,593.7 |
|
|
|
1,922.4 |
|
|
|
1,943.3 |
|
| Avnet sales |
|
$ |
13,474.6 |
|
|
$ |
4,309.8 |
|
|
$ |
4,534.8 |
|
|
$ |
4,630.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
|
|
|
|
|
Fiscal Year 2019 |
||||||||||||||||
|
|
|
|
|
Quarters Ended |
||||||||||||||||
|
|
|
|
|
Fourth Quarter |
|
Third Quarter |
|
Second Quarter |
|
First Quarter |
||||||||||
|
|
|
Fiscal Year |
|
June 29, |
|
March 30, |
|
December 29, |
|
September 29, |
||||||||||
|
|
|
2019* |
|
2019 |
|
2019 |
|
2018 |
|
2018 |
||||||||||
|
|
|
(in millions) |
||||||||||||||||||
| Sales: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
| Electronic Components |
|
$ |
18,060.3 |
|
|
$ |
4,337.5 |
|
|
$ |
4,331.3 |
|
|
$ |
4,680.7 |
|
|
$ |
4,710.8 |
|
| Farnell |
|
|
1,458.3 |
|
|
|
343.4 |
|
|
|
367.5 |
|
|
|
368.3 |
|
|
|
379.1 |
|
| Avnet sales |
|
$ |
19,518.6 |
|
|
$ |
4,680.9 |
|
|
$ |
4,698.8 |
|
|
$ |
5,049.0 |
|
|
$ |
5,089.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
| Operating income: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
| Electronic Components |
|
$ |
614.9 |
|
|
$ |
141.1 |
|
|
$ |
153.3 |
|
|
$ |
158.6 |
|
|
$ |
161.9 |
|
| Farnell |
|
|
159.3 |
|
|
|
33.2 |
|
|
|
45.7 |
|
|
|
39.6 |
|
|
|
40.8 |
|
|
|
|
|
774.2 |
|
|
|
174.3 |
|
|
|
199.0 |
|
|
|
198.2 |
|
|
|
202.7 |
|
| Corporate expenses |
|
|
(78.5 |
) |
|
|
(18.0 |
) |
|
|
(20.9 |
) |
|
|
(19.4 |
) |
|
|
(20.2 |
) |
| Restructuring, integration and other expenses |
|
|
(108.1 |
) |
|
|
(28.2 |
) |
|
|
(2.9 |
) |
|
|
(62.3 |
) |
|
|
(14.8 |
) |
| Goodwill and intangible asset impairment expense |
|
|
(137.4 |
) |
|
|
(137.4 |
) |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Amortization of acquired intangible assets and other |
|
|
(84.3 |
) |
|
|
(20.7 |
) |
|
|
(22.1 |
) |
|
|
(20.5 |
) |
|
|
(20.9 |
) |
| Avnet operating income (loss) |
|
$ |
365.9 |
|
|
$ |
(30.0 |
) |
|
$ |
153.1 |
|
|
$ |
96.0 |
|
|
$ |
146.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
| Sales by geographic area: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||
| Americas |
|
$ |
5,135.8 |
|
|
$ |
1,266.3 |
|
|
$ |
1,297.2 |
|
|
$ |
1,300.4 |
|
|
$ |
1,271.8 |
|
| EMEA |
|
|
6,762.9 |
|
|
|
1,638.5 |
|
|
|
1,740.9 |
|
|
|
1,668.6 |
|
|
|
1,714.9 |
|
| Asia |
|
|
7,619.9 |
|
|
|
1,776.1 |
|
|
|
1,660.7 |
|
|
|
2,080.0 |
|
|
|
2,103.2 |
|
| Avnet sales |
|
$ |
19,518.6 |
|
|
$ |
4,680.9 |
|
|
$ |
4,698.8 |
|
|
$ |
5,049.0 |
|
|
$ |
5,089.9 |
|
| ______________________________ |
| * May not foot/cross foot due to rounding |
