Reportable Segments

3 Months Ended

Dec. 30, 2017

The Company uses an internal management reporting system, which provides important financial data to the chief operating decision maker 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 other 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 December 30, 2017 and December 31, 2016, respectively, is as follows (in thousands):



	Three Months Ended
	December 30, 2017			December 31, 2016
Net sales:
AMER	$	299,043		$	314,651
APAC	346,123			309,969
EMEA	63,832			39,449
Elimination of inter-segment sales	(31,704		)	(29,050		)
	$	677,294		$	635,019

Operating income (loss):
AMER	$	10,523		$	14,797
APAC	50,532			48,240
EMEA	(1,121		)	(2,235		)
Corporate and other costs	(28,377		)	(26,899		)
	$	31,557		$	33,903
Other income (expense):
Interest expense	(3,725		)	(3,274		)
Interest income	1,555			1,071
Miscellaneous	(346		)	(674		)
Income before income taxes	$	29,041		$	31,026



	December 30, 2017		September 30, 2017
Total assets:
AMER	$	567,275	$	595,851
APAC	1,127,066		1,163,111
EMEA	175,569		172,830
Corporate and eliminations	46,297		44,390
	$	1,916,207	$	1,976,182