Business Segments

3 Months Ended

Dec. 28, 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 months endedDecember 28, 2013 and December 29, 2012, respectively, follows (in thousands):

	Three Months Ended
	December 28, 2013			December 29, 2012
Net sales:
AMER	$	265,009		$	259,024
APAC	270,150			272,429
EMEA	26,814			28,170
Elimination of inter-segment sales	(28,068		)	(29,091		)
	$	533,905		$	530,532
Operating income (loss):
AMER	$	17,056		$	19,278
APAC	31,942			25,200
EMEA	(2,465		)	(222		)
Corporate and other costs	(24,772		)	(22,772		)
	$	21,761		$	21,484
Other income (expense):
Interest expense	$	(2,815	)	$	(3,720	)
Interest income	639			397
Miscellaneous	240			(475		)
Income before income taxes	$	19,825		$	17,686
	December 28, 2013			September 28, 2013
Total assets:
AMER	$	436,872		$	423,048
APAC	874,714			828,672
EMEA	106,597			111,977
Corporate	55,231			83,987
	$	1,473,414		$	1,447,684