Business Segment And Major Customer Information

9 Months Ended

Jun. 30, 2012

Segment Reporting [Abstract]

Business Segment And Major Customer Information

BUSINESS SEGMENT AND MAJOR CUSTOMER INFORMATION

Reportable segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in assessing performance and allocating resources.

The Company uses an internal management reporting system, which provides important financial data to evaluate performance and allocate the Company’s resources on a regional basis. Net sales for segments are attributed to the region in which the product is manufactured or service is performed. The services provided, manufacturing processes used, class of customers serviced and order fulfillment processes used are similar and generally interchangeable across the segments. A segment’s performance is evaluated based upon its operating income (loss). A segment’s operating income (loss) includes its net sales less cost of sales and selling and administrative expenses, but excludes corporate and other costs, interest expense, other income (loss), and income taxes. Corporate and other costs primarily represent corporate selling and administrative expenses, and restructuring and impairment costs, if any. These costs are not allocated to the segments, as management excludes such costs when assessing the performance of the segments. Inter-segment transactions are generally recorded at amounts that approximate arm’s length transactions. The accounting policies for the regions are the same as for the Company taken as a whole.

Information about the Company’s three reportable segments for the three and nine months endedJune 30, 2012 and July 2, 2011, respectively, were as follows (in thousands):

	Three Months Ended						Nine Months Ended
	June 30, 2012			July 2, 2011			June 30, 2012			July 2, 2011
Net sales:
AMER	$	317,565		$	305,448		$	970,124		$	981,895
APAC	301,368			280,126			797,631			818,509
EMEA	22,019			24,423			69,290			68,818
Elimination of inter-segment sales	(32,133		)	(50,814		)	(125,102		)	(176,120		)
	$	608,819		$	559,183		$	1,711,943		$	1,693,102
Operating income (loss):
AMER	$	24,084		$	15,278		$	73,351		$	52,777
APAC	27,797			30,593			72,591			92,855
EMEA	(854		)	(1,031		)	(1,454		)	(1,237		)
Corporate and other costs	(23,747		)	(19,955		)	(67,678		)	(65,251		)
	$	27,280		$	24,885		$	76,810		$	79,144
Other income (expense):
Interest expense	$	(4,125	)	$	(3,301	)	$	(12,205	)	$	(7,564	)
Interest income	446			388			1,344			954
Miscellaneous	1,860			750			1,543			593
Income before income taxes	$	25,461		$	22,722		$	67,492		$	73,127
	June 30, 2012			October 1, 2011
Total assets:
AMER	$	407,499		$	451,044
APAC	755,444			631,054
EMEA	81,092			76,365
Corporate	166,876			146,062
	$	1,410,911		$	1,304,525

The percentages of net sales to customers representing 10 percent or more of total net sales for the indicated periods were as follows:

	Three Months Ended				Nine Months Ended
	June 30, 2012		July 2, 2011		June 30, 2012		July 2, 2011
Juniper Networks, Inc. (“Juniper”)	16	%	17	%	17	%	17	%

No other customers accounted for 10 percent or more of net sales in either period.