Business Segment Information

3 Months Ended

Feb. 28, 2016

Segment Reporting [Abstract]

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION

The Company manages its business according to three regional segments: the Americas, Europe and Asia. The Company considers its chief executive officer to be the Company’s chief operating decision maker. The Company’s 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 28, 2016			March 1, 2015
	(Dollars in thousands)
Net revenues:
Americas	$	571,185		$	574,087
Europe	276,486			277,488
Asia	208,829			203,500
Total net revenues	$	1,056,500		$	1,055,075
Operating income:
Americas	$	81,749		$	102,292
Europe	61,709			58,189
Asia	46,605			47,340
Regional operating income	190,063			207,821
Corporate:
Restructuring, net	1,848			4,338
Restructuring-related charges	1,497			8,007
Other corporate staff costs and expenses	70,131			88,031
Corporate expenses	73,476			100,376
Total operating income	116,587			107,445
Interest expense	(14,902		)	(23,312		)
Other expense, net	(2,219		)	(26,028		)
Income before income taxes	$	99,466		$	58,105