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Note 10 Business Segment, Geographic and Customer Information
3 Months Ended
Dec. 27, 2014
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.
 
The following table presents revenue and a non-GAAP measure of segment gross profit used by management to allocate resources and assess performance of operating segments:
 
Three Months Ended
 
December 27,
2014
 
December 28,
2013
 
(In thousands)
Gross sales:
 
 
 
IMS
$
1,376,834

 
$
1,149,710

CPS
352,337

 
349,223

Intersegment revenue
(58,009
)
 
(51,435
)
Net sales
$
1,671,162

 
$
1,447,498

 
 
 
 
Gross profit:
 
 
 
IMS
$
100,907

 
$
81,023

CPS
31,567

 
31,637

Total
132,474

 
112,660

Unallocated items (1)
(6,128
)
 
(1,875
)
Total
$
126,346

 
$
110,785


(1) For purposes of evaluating segment performance, management excludes certain items from its measures 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 27,
2014
 
December 28,
2013
 
(In thousands)
Net sales
 
 
 
United States
$
240,287

 
$
269,921

Mexico
531,454

 
333,275

China
412,807

 
371,054

Other international
486,614

 
473,248

Total
$
1,671,162

 
$
1,447,498


Percentage of net sales represented by ten largest customers
50.0
%
 
49.2
%
Number of customers representing 10% or more of net sales

 
1