The following table provides net sales, operating income,
depreciation and amortization by reportable segment (in
millions):
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended |
|
| |
|
March 31, |
|
| |
|
2015 |
|
|
2014 |
|
|
Net sales:
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
$ |
496.3 |
|
|
$ |
627.2 |
|
|
Enterprise
|
|
|
211.3 |
|
|
|
201.5 |
|
|
Broadband
|
|
|
118.0 |
|
|
|
107.5 |
|
|
Inter-segment eliminations
|
|
|
(0.2 |
) |
|
|
(1.2 |
) |
|
|
|
|
|
|
|
|
|
|
Consolidated net sales
|
|
$ |
825.4 |
|
|
$ |
935.0 |
|
|
|
|
|
|
|
|
|
|
|
Operating income:
|
|
|
|
|
|
|
|
|
|
Wireless (1)
|
|
$ |
64.4 |
|
|
$ |
127.6 |
|
|
Enterprise (2)
|
|
|
26.9 |
|
|
|
22.6 |
|
|
Broadband (3)
|
|
|
1.8 |
|
|
|
(3.7 |
) |
|
|
|
|
|
|
|
|
|
|
Consolidated operating income
|
|
$ |
93.1 |
|
|
$ |
146.5 |
|
|
|
|
|
|
|
|
|
|
|
Depreciation:
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
$ |
7.2 |
|
|
$ |
7.0 |
|
|
Enterprise
|
|
|
2.6 |
|
|
|
2.7 |
|
|
Broadband
|
|
|
1.8 |
|
|
|
2.0 |
|
|
|
|
|
|
|
|
|
|
|
Consolidated depreciation
|
|
$ |
11.6 |
|
|
$ |
11.7 |
|
|
|
|
|
|
|
|
|
|
|
Amortization (4):
|
|
|
|
|
|
|
|
|
|
Wireless
|
|
$ |
23.1 |
|
|
$ |
22.5 |
|
|
Enterprise
|
|
|
17.4 |
|
|
|
17.4 |
|
|
Broadband
|
|
|
4.3 |
|
|
|
4.4 |
|
|
|
|
|
|
|
|
|
|
|
Consolidated amortization
|
|
$ |
44.8 |
|
|
$ |
44.3 |
|
|
|
|
|
|
|
|
|
|
| (1) |
Operating income for the three months
ended March 31, 2015 and 2014 includes transaction and
integration costs of $6.0 million and $0.6 million,
respectively. |
| (2) |
Operating income for the three months
ended March 31, 2015 and 2014 includes transaction and
integration costs of $3.0 million and $0.2 million, respectively.
Operating income for the three months ended March 31, 2014
includes a gain of $5.4 million, from adjustments to the estimated
fair value of contingent consideration related to the Redwood
acquisition. |
| (3) |
Operating income for the three months
ended March 31, 2015 and 2014 includes transaction and
integration costs of $2.4 million and $0.1 million,
respectively. |
| (4) |
Excludes amortization of debt
issuance costs and original issue discount. |
|