Plantronics 2015 Annual Report Download - page 78

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The following table presents net revenues by geography:
Fiscal Year Ended March 31,
(in thousands) 2015 2014 2013
Net revenues from unaffiliated customers:
U.S. $ 487,607 $ 475,278 $ 436,447
Europe and Africa 213,702 195,385 181,439
Asia Pacific 104,829 94,455 92,193
Americas, excluding U.S. 58,872 53,489 52,147
Total International net revenues 377,403 343,329 325,779
Total net revenues $ 865,010 $ 818,607 $ 762,226
No customer accounted for 10% or more of total net revenues for fiscal years 2015, 2014, or 2013.
The following table presents long-lived assets by geographic area on a consolidated basis:
Fiscal Year Ended
March 31,
(in thousands) 2015 2014
U.S. $ 72,792 $ 74,092
Mexico 40,875 38,453
Other countries 25,746 21,857
Total long-lived assets $ 139,413 $ 134,402
18. SUBSEQUENT EVENTS
On April 27, 2015, the Audit Committee approved the payment of a dividend of $0.15 per share on June 10, 2015 to holders of
record on May 20, 2015.
Subsequent to March 28, 2015, the Company borrowed $111.6 million under its revolving line of credit with Wells Fargo Bank
NA, all of which was used to fund open-market repurchases of 2,534,234 shares of its common stock at an average price per share
of $54.51. As of May 14, 2015, the Company had $146.1 million in outstanding borrowings under the line of credit.
On May 11, 2015, the Company’s Board of Directors approved an additional 2.0 million share repurchase authorization. These
share repurchases will be executed at the Company’s discretion based on then-current business and market factors, in open market
or privately negotiated transactions. Refer to Note 9, Credit Agreement, and Note 11, Common Stock Repurchases, for further
information regarding our credit facility and common stock repurchases.
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