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Reportable Segments
 6 Months Ended
Mar. 29, 2025
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 CODM 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. A segment’s operating income 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.
In the first quarter of fiscal 2025, the Company changed internal management reporting to focus on value-add sales in each region and adjusted the allocation of certain corporate costs among reportable segments. These changes have been implemented and are consistent with what is provided to the CODM. The Company's composition of operating segments and reportable segments did not change. Net sales and operating income for the three reportable segments for the current period and comparative periods presented have been recast to conform to those changes. These changes had no effect on the Company's consolidated net sales, operating income or net income for the current or comparative periods.
Information about the Company’s three reportable segments for the three and six months ended March 29, 2025 and March 30, 2024 is as follows (in thousands):
Three Months EndedSix Months Ended
 March 29, 2025March 30, 2024March 29, 2025March 30, 2024
Net sales:
AMER$295,195 $296,177 $569,066 $605,930 
APAC587,010 521,658 1,194,157 1,074,499 
EMEA102,612 152,292 203,850 273,569 
Elimination of inter-segment sales(4,647)(3,227)(10,781)(4,491)
$980,170 $966,900 $1,956,292 $1,949,507 
Operating income:
AMER$23,163 $15,480 $42,284 $34,430 
APAC82,239 72,878 169,987 150,010 
EMEA3,792 9,729 8,296 12,926 
Corporate and other costs(60,403)(68,617)(124,916)(122,738)
48,791 29,470 95,651 74,628 
Other income (expense):
Interest expense(3,137)(8,293)(6,691)(15,910)
Interest income871 817 2,105 1,625 
Miscellaneous, net(1,502)(3,027)(2,548)(6,529)
Income before income taxes$45,023 $18,967 $88,517 $53,814