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Reportable Segments
 3 Months Ended
Jan. 04, 2020
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 the 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 costs 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 January 4, 2020 and December 29, 2018, respectively, is as follows (in thousands):
 
 
Three Months Ended
 
 
January 4,
2020
 
December 29,
2018
Net sales:
 
 
 
 
AMER
 
$
353,476

 
$
353,867

APAC
 
451,142

 
378,112

EMEA
 
84,477

 
72,298

Elimination of inter-segment sales
 
(36,686
)
 
(38,733
)
 
 
$
852,409

 
$
765,544

 
 
 
 
 
Operating income (loss):
 
 
 
 
AMER
 
$
12,297

 
$
14,450

APAC
 
62,378

 
51,811

EMEA
 
(314
)
 
996

Corporate and other costs
 
(34,427
)
 
(30,306
)
 
 
$
39,934

 
$
36,951

Other income (expense):
 
 
 
 
Interest expense
 
$
(4,132
)
 
$
(2,249
)
Interest income
 
645

 
525

Miscellaneous, net
 
(2,173
)
 
(1,112
)
Income before income taxes
 
$
34,274

 
$
34,115

 
 
 
 
 


 
 
January 4,
2020
 
September 28,
2019
Total assets:
 
 
 
 
AMER
 
$
789,067

 
$
751,990

APAC
 
993,354

 
958,744

EMEA
 
232,581

 
209,541

Corporate and eliminations
 
95,102

 
80,608

 
 
$
2,110,104

 
$
2,000,883