XML 37 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Business Segment Information
3 Months Ended
Feb. 24, 2013
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION
BUSINESS SEGMENT INFORMATION
The Company manages its business according to three regional segments, the Americas, Europe and Asia Pacific. The Company considers its chief executive officer to be the Company’s chief operating decision maker. The Company’s management, including the chief operating decision maker, manages business operations, evaluates performance and allocates resources based on the regional segments’ net revenues and operating income.

Business segment information for the Company is as follows:
 
 
 
Three Months Ended
 
 
 
February 24,
2013
 
February 26,
2012
 
 
 
(Dollars in thousands)
 
 
Net revenues:
 
 
 
 
 
Americas
$
647,127

 
$
647,294

 
 
Europe
296,587

 
289,452

 
 
Asia Pacific
202,964

 
228,215

 
 
Total net revenues
$
1,146,678

 
$
1,164,961

 
 
Operating income:
 
 
 
 
 
Americas
$
132,463

 
$
79,636

 
 
Europe
62,926

 
52,073

 
 
Asia Pacific
48,965

 
41,160

 
 
Regional operating income
244,354

 
172,869

 
 
Corporate expenses
62,899

 
62,658

 
 
Total operating income
181,455

 
110,211

 
 
Interest expense
(32,157
)
 
(38,573
)
 
 
Loss on early extinguishment of debt
(114
)
 

 
 
Other income, net
6,066

 
1,172

 
 
Income before income taxes
$
155,250

 
$
72,810