Note

16:

Operating Segments

We are required to report segment information in the same way that we internally organize our business for assessing performance and making decisions regarding allocation of resources. Operating results of each segment are regularly reviewed by our chief operating decision maker to make decisions about resources to be allocated to the segments and assess their performance. Corporate expenses are fully allocated to each operating segment. Corporate assets are

not

allocated to the operating segments. Inter-segment revenues are recorded at cost plus a markup for administrative costs.

We have

five

reportable segments: Americas Adhesives, EIMEA, Asia Pacific, Construction Adhesives and Engineering Adhesives. As of the beginning of fiscal

2019,

we realigned certain customers across operating segments. The table below provides certain information regarding net revenue and segment operating income for each of our operating segments. Prior period segment information has been recast retrospectively to reflect the realignment.

	Three Months Ended
	June 1, 2019							June 2, 2018
			Inter-			Segment				Inter-		Segment
	Trade		Segment			Operating		Trade		Segment		Operating
	Revenue		Revenue			Income		Revenue		Revenue		Income
Americas Adhesives	$	259,782	$	5,334		$	26,514	$	266,232	$	5,791	$	26,782
EIMEA		165,453		9,088			8,570		182,175		5,387		10,623
Asia Pacific		71,199		1,574			5,758		74,421		2,541		5,023
Construction Adhesives		111,244		(1	)		7,107		122,891		-		12,042
Engineering Adhesives		151,905		188			24,431		143,668		-		18,827
Total	$	759,583				$	72,380	$	789,387			$	73,297

	Six Months Ended
	June 1, 2019							June 2, 2018
			Inter-			Segment				Inter-			Segment
	Trade		Segment			Operating		Trade		Segment			Operating
	Revenue		Revenue			Income		Revenue		Revenue			Income
Americas Adhesives	$	501,732	$	8,741		$	42,208	$	517,195	$	10,896		$	41,319
EIMEA		321,966		13,099			11,996		351,154		9,447			16,516
Asia Pacific		134,587		3,605			9,537		141,029		3,598			7,327
Construction Adhesives		193,700		(2	)		3,768		221,148		(1	)		12,503
Engineering Adhesives		280,533		186			39,083		271,940		-			28,438
Total	$	1,432,518				$	106,592	$	1,502,466				$	106,103

The table below provides a reconciliation of segment operating income to income before income taxes and income from equity method investments:

	Three Months Ended						Six Months Ended
	June 1,			June 2,			June 1,			June 2,
	2019			2018			2019			2018
Segment operating income	$	72,380		$	73,297		$	106,592		$	106,103
Other income, net		2,986			7,739			6,351			12,651
Interest expense		(26,940	)		(28,017	)		(53,747	)		(55,562	)
Interest income		3,023			2,794			6,076			5,835
Income before income taxes and income from equity method investments	$	51,449		$	55,813		$	65,272		$	69,027