Note 8 Business Segment, Geographic and Customer Information

3 Months Ended

Dec. 31, 2016

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 measure of segment gross profit used by management to allocate resources and assess performance of operating segments:

	Three Months Ended
	December 31, 2016			January 2, 2016
	(In thousands)
Gross sales:
IMS	$	1,414,270		$	1,239,268
CPS	351,074			345,648
Intersegment revenue	(45,367		)	(50,202		)
Net sales	$	1,719,977		$	1,534,714
Gross profit:
IMS	$	102,637		$	95,609
CPS	33,289			30,102
Total	135,926			125,711
Unallocated items (1)	(3,764		)	(2,073		)
Total	$	132,162		$	123,638

(1) For purposes of evaluating segment performance, management excludes certain items from its measures of gross profit. These items consist of stock-based compensation expense, amortization of intangible assets, charges or credits resulting from distressed customers and acquisition-related items.

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

	Three Months Ended
	December 31, 2016		January 2, 2016
	(In thousands)
Net sales
United States	$	299,876	$	254,379
Mexico	474,160		484,970
China	321,739		367,259
Malaysia	211,191		46,608
Other international	413,011		381,498
Total	$	1,719,977	$	1,534,714

Percentage of net sales represented by ten largest customers	51.8	%	48.2	%
Number of customers representing 10% or more of net sales	2		—