Disclosure about Segments of an Enterprise and Geographic Areas

3 Months Ended

Oct. 02, 2011

Segments, Geographical Areas [Abstract]

Disclosure about Segments of an Enterprise and Geographic Areas

Disclosure about Segments of an Enterprise and Geographic Areas

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision makers with respect to the allocation of resources and performance.

The Company operates in one segment, the development and marketing of network infrastructure equipment. The Company conducts business globally and is managed geographically. Revenue is attributed to a geographical area based on the location of the customers. The Company operates in three geographical areas: Americas, which includes the United States, Canada, Mexico, Central America and South America; EMEA, which includes Europe, Middle East and Africa; and APAC which includes Asia Pacific, South Asia and Japan. Prior to the first quarter of fiscal 2012, South America was included as part of EMEA. Revenue by geographical area (as presented in the table below) for the quarter ended September 26, 2010 has been adjusted to reflect this change.

Information regarding geographic areas is as follows (in thousands):

	Three Months Ended
	October 2, 2011			September 26, 2010			$ Change			% Change
Net Revenues:
Americas	33,439			32,066			1,373			4.3	%
Percentage of net revenue	42.4		%	38.3		%
EMEA	30,891			33,888			(2,997		)	(8.8	)%
Percentage of net revenue	39.2		%	40.4		%
APAC	14,564			17,883			(3,319		)	(18.6	)%
Percentage of net revenue	18.5		%	21.3		%
Total net revenues	$	78,894		$	83,837		$	(4,943	)	(5.9	)%

Three customers accounted for greater than 10% of the Company’s revenue in the three months ended October 2, 2011. Two customers accounted for greater than 10% of the Company’s revenue in the three months ended September 26, 2010.

Substantially all of the Company’s assets as of October 2, 2011 and September 26, 2010 were attributable to its Americas operations.