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Business Segments
3 Months Ended
Dec. 29, 2012
Segment Reporting [Abstract]  
Business Segments
BUSINESS SEGMENTS
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 months ended December 29, 2012 and December 31, 2011, respectively, were as follows (in thousands):
 
 
Three Months Ended
 
December 29,
2012
 
December 31,
2011
Net sales:
 
 
 
AMER
$
259,024

 
$
320,853

APAC
272,429

 
234,706

EMEA
28,170

 
19,462

         Elimination of inter-segment sales
(29,091
)
 
(45,367
)
 
$
530,532

 
$
529,654

Operating income (loss):
 
 
 
AMER
$
19,278

 
$
23,033

APAC
25,200

 
22,957

EMEA
(222
)
 
(890
)
         Corporate and other costs
(22,772
)
 
(21,338
)
 
$
21,484

 
$
23,762

Other income (expense):
 
 
 
         Interest expense
$
(3,720
)
 
$
(4,060
)
         Interest income
397

 
483

         Miscellaneous
(475
)
 
(545
)
     Income before income taxes
$
17,686

 
$
19,640

 
 
 
 
 
December 29,
2012
 
September 29,
2012
Total assets:
 
 
 
        AMER
$
392,151

 
$
400,643

        APAC
772,576

 
771,781

        EMEA
93,287

 
88,420

        Corporate
135,635

 
147,355

 
$
1,393,649

 
$
1,408,199