Note 10 Business Segment, Geographic and Customer Information

3 Months Ended

Dec. 28, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Business Segment, Geographic and Customer Information

ASC Topic 280, Segment Reporting, establishes standards for reporting information about operating segments, products and services, geographic areas of operations and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker or decision making group in deciding how to allocate resources and in assessing performance.

The Company's operations are managed as two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). The Company's CPS business consists of multiple operating segments which do not meet the quantitative threshold for being presented as reportable segments. Therefore, financial information for these operating segments is presented in a single category entitled "CPS" and the Company has only one reportable segment - IMS.

Effective in the fourth quarter of 2013, the Company's Optical and RF modules group was moved from IMS to CPS. Accordingly, the prior period results presented below reflect this change in segment reporting to conform to the current period segment reporting structure.

The following table presents information for the following periods:

	Three Months Ended
	December 28, 2013			December 29, 2012
	(In thousands)
Gross sales:
IMS	$	1,149,710		$	1,202,065
CPS	349,223			330,111
Intersegment revenue	(51,435		)	(37,231		)
Net sales	$	1,447,498		$	1,494,945
Gross profit:
IMS	$	81,023		$	69,889
CPS	31,637			31,399
Total	112,660			101,288
Unallocated items (1)	(1,875		)	(4,360		)
Total	$	110,785		$	96,928

(1) Represents amounts associated with items that management excludes from its measure of gross profit. These items include stock-based compensation expense, amortization of intangible assets, charges or credits resulting from distressed customers and similar items that either occur infrequently or are of a non-operational nature.

Net sales by geographic segment, determined based on the country in which a product is manufactured, was as follows:

	Three Months Ended
	December 28, 2013			December 29, 2012
	(In thousands)
Net sales
United States	$	269,921		$	259,654
Mexico	333,275			343,022
China	371,054			414,977
Other international	473,248			477,292
Total	$	1,447,498		$	1,494,945
Percentage of net sales represented by ten largest customers	49.2		%	49.0		%
Number of customers representing 10% or more of net sales	1			—