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Table of Contents
AVNET, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
The Company manages its business based upon the operating results of its two operating groups before impairment charges (see
Note 6) and restructuring, integration and other charges (see Note 17). In fiscal 2011, 2010 and 2009, presented above, the unallocated
pre-
tax impairment charges and restructuring, integration and other items related to EM and TS, respectively, were $27,879,000 and
$38,146,000 in fiscal 2011, $14,701,000 and $10,579,000 in fiscal 2010 and $1,116,335,000 and $389,561,000 in fiscal 2009,
respectively. The remaining restructuring, integration and other items in each year relate to corporate activities.
Listed in the table below are the major product categories and the Company’
s approximate sales of each during the past three
fiscal years:
68
(1)
Includes sales in the United States of $10.0 billion, $7.6 billion and $6.8 billion for fiscal year 2011, 2010 and 2009,
respectively.
(2)
Includes sales in Germany and the United Kingdom of $3.1 billion and $1.7 billion, respectively, for fiscal 2011. Includes sales
in Germany and the United Kingdom of $2.1 billion and $1.1 billion, respectively, for fiscal 2010. Includes sales in Germany
and the United Kingdom of $1.8 billion and $1.0 billion, respectively, for fiscal 2009.
(3)
Includes sales of $1.8 billion, $2.4 billion and $1.2 billion in Taiwan, China (including Hong Kong) and Singapore, respectively,
for fiscal 2011. Includes sales of $1.3 billion, $2.0 billion and $1.0 billion in Taiwan, China (including Hong Kong) and
Singapore, respectively, for fiscal 2010. Includes sales of $966.9 million, $1.3 billion and $752.9 million in Taiwan, China
(including Hong Kong) and Singapore, respectively, for fiscal 2009.
(4)
Includes property, plant and equipment, net, of $231.3 million, $178.2 million and $179.6 million in the United States for fiscal
2011, 2010 and 2009, respectively.
(5)
Includes property, plant and equipment, net of $92.8 million, $23.4 million, and $16.4 million in Germany, Belgium and the
United Kingdom, respectively, for fiscal 2011. Fiscal 2010 includes property, plant and equipment, net, of $48.0 million in
Germany, $20.4 million in Belgium and $13.4 million in the United Kingdom. Fiscal 2009 includes property, plant and
equipment, net, of $41.4 million in Germany, $24.2 million, in Belgium and $26.8 million in the United Kingdom.
Years Ended
July 2,
July 3,
June 27,
2011
2010
2009
(Millions)
Semiconductors
$
14,149.3
$
10,098.7
$
8,324.0
Computer products
10,284.6
7,302.8
6,393.4
Connectors
1,041.4
841.4
735.2
Passives, electromechanical and other
1,059.1
917.3
777.3
$
26,534.4
$
19,160.2
$
16,229.9