Business Segments

6 Months Ended

Mar. 30, 2013

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 and six months endedMarch 30, 2013 and March 31, 2012, respectively, follows (in thousands):

	Three Months Ended						Six Months Ended
	March 30, 2013			March 31, 2012			March 30, 2013			March 31, 2012
Net sales:
AMER	$	259,857		$	331,706		$	518,881		$	652,559
APAC	288,269			261,557			560,698			496,263
EMEA	34,942			27,809			63,112			47,271
Elimination of inter-segment sales	(25,244		)	(47,602		)	(54,335		)	(92,969		)
	$	557,824		$	573,470		$	1,088,356		$	1,103,124
Operating income (loss):
AMER	$	16,496		$	26,234		$	35,774		$	49,267
APAC	26,906			21,837			52,106			44,794
EMEA	835			290			613			(600		)
Corporate and other costs	(21,049		)	(22,593		)	(43,821		)	(43,931		)
	$	23,188		$	25,768		$	44,672		$	49,530
Other income (expense):
Interest expense	$	(3,640	)	$	(4,020	)	$	(7,360	)	$	(8,080	)
Interest income	383			415			780			898
Miscellaneous	—			228			(475		)	(317		)
Income before income taxes	$	19,931		$	22,391		$	37,617		$	42,031
	March 30, 2013			September 29, 2012
Total assets:
AMER	$	414,822		$	400,643
APAC	816,392			771,781
EMEA	112,832			88,420
Corporate	117,030			147,355
	$	1,461,076		$	1,408,199