Business Segment Information (Tables)

12 Months Ended

Nov. 25, 2012

Reconciliation of operating profit (loss)

Business segment information for the Company is as follows:



	Year Ended
	November 25, 2012			November 27, 2011			November 28, 2010
	(Dollars in thousands)
Net revenues:
Americas	$	2,749,327		$	2,715,925		$	2,549,086
Europe	1,103,212			1,174,138			1,105,264
Asia Pacific	757,654			871,503			756,299
Total net revenues	$	4,610,193		$	4,761,566		$	4,410,649
Operating income:
Americas	$	431,552		$	393,906		$	402,530
Europe	178,313			182,306			163,475
Asia Pacific	66,839			108,065			86,274
Regional operating income	676,704			684,277			652,279
Corporate expenses⁽¹⁾	342,725			347,884			270,918
Total operating income	333,979			336,393			381,361
Interest expense	(134,694		)	(132,043		)	(135,823		)
Loss on early extinguishment of debt	(8,206		)	(248		)	(16,587		)
Other income (expense), net	4,802			(1,275		)	6,647
Income before income taxes	$	195,881		$	202,827		$	235,598

_____________


(1)	Included in corporate expenses for the year ended November 25, 2012, is an $18.8 million impairment charge related to the Company's decision in the third quarter to outsource distribution in Japan to a third-party and close its owned distribution center in that country.

Reconciliation of assets



	November 25, 2012
	Americas		Europe		Asia Pacific		Unallocated		Consolidated Total
	(Dollars in thousands)
Assets:
Trade receivables, net	$	327,308	$	113,405	$	40,996	$	18,963	$	500,672
Inventories	270,019		126,018		96,969		25,854		518,860
All other assets	—		—		—		2,150,545		2,150,545
Total assets									$	3,170,077



	November 27, 2011
	Americas		Europe		Asia Pacific		Unallocated		Consolidated Total
	(Dollars in thousands)
Assets:
Trade receivables, net	$	404,401	$	164,077	$	66,779	$	19,646	$	654,903
Inventories	332,955		141,764		130,953		5,730		611,402
All other assets	—		—		—		2,013,250		2,013,250
Total assets									$	3,279,555

Reconciliation of revenue

Geographic information for the Company was as follows:



	Year Ended
	November 25, 2012		November 27, 2011		November 28, 2010
	(Dollars in thousands)
Net revenues:
United States	$	2,412,647	$	2,380,096	$	2,248,340
Foreign countries	2,197,546		2,381,470		2,162,309
Total net revenues	$	4,610,193	$	4,761,566	$	4,410,649



Deferred tax assets:
United States	$	647,767	$	643,767	$	646,050
Foreign countries	81,373		68,938		50,895
Total deferred tax assets	$	729,140	$	712,705	$	696,945

Reconciliation of other significant reconciling items



Long-lived assets:
United States	$	353,567	$	365,907	$	337,592
Foreign countries	123,977		152,874		169,557
Total long-lived assets	$	477,544	$	518,781	$	507,149



	Year Ended
	November 25, 2012		November 27, 2011		November 28, 2010
	(Dollars in thousands)
Depreciation and amortization expense:
Americas	$	43,368	$	53,804	$	51,050
Europe	21,891		23,803		25,485
Asia Pacific	12,887		12,878		11,798
Corporate	44,462		27,308		16,563
Total depreciation and amortization expense	$	122,608	$	117,793	$	104,896

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

+ References+ Details

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References+ Details