Reportable Segments

3 Months Ended

Jan. 02, 2016

Segment Reporting [Abstract]

Reportable Segments

Reportable Segments

Reportable segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in assessing performance and allocating resources. The Company uses an internal management reporting system, which provides important financial data to evaluate performance and allocate the Company’s resources on a regional basis. Net sales for segments are attributed to the region in which the product is manufactured or the service is performed. The services provided, manufacturing processes used, class of customers serviced and order fulfillment processes used are similar and generally interchangeable across the segments. A segment’s performance is evaluated based upon its operating income (loss). A segment’s operating income (loss) includes its net sales less cost of sales and selling and administrative expenses, but excludes corporate and other expenses. Corporate and other expenses primarily represent corporate selling and administrative expenses, and restructuring and impairment charges, if any. These costs are not allocated to the segments, as management excludes such costs when assessing the performance of the segments. Inter-segment transactions are generally recorded at amounts that approximate arm’s length transactions. The accounting policies for the segments are the same as for the Company taken as a whole.

Information about the Company’s three reportable segments for the three months ended January 2, 2016 and January 3, 2015 is as follows (in thousands):

	Three Months Ended
	January 2, 2016			January 3, 2015
Net sales:
AMER	$	305,097		$	335,262
APAC	299,346			333,377
EMEA	42,087			28,079
Elimination of inter-segment sales	(29,866		)	(32,028		)
	$	616,664		$	664,690
Operating income (loss):
AMER	$	8,386		$	19,752
APAC	36,952			41,781
EMEA	(735		)	(3,831		)
Corporate and other costs	(23,079		)	(28,919		)
	$	21,524		$	28,783
Other income (expense):
Interest expense	$	(3,534	)	$	(3,777	)
Interest income	932			897
Miscellaneous	(1,620		)	138
Income before income taxes	$	17,302		$	26,041
	January 2, 2016			October 3, 2015
Total assets:
AMER	$	546,784		$	573,437
APAC	1,008,975			1,011,622
EMEA	128,150			128,306
Corporate and eliminations	(31,869		)	(10,977		)
	$	1,652,040		$	1,702,388