Reportable Segments

3 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Reportable Segments

Reportable 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 the 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 expenses. Corporate and other expenses primarily represent corporate selling and administrative expenses, and restructuring and other charges, 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 segments 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 31, 2016 and January 2, 2016, respectively, is as follows (in thousands):

	Three Months Ended
	December 31, 2016			January 2, 2016
Net sales:
AMER	$	314,651		$	305,097
APAC	309,969			299,346
EMEA	39,449			42,087
Elimination of inter-segment sales	(29,050		)	(29,866		)
	$	635,019		$	616,664
Operating income (loss):
AMER	$	14,797		$	8,386
APAC	48,240			36,952
EMEA	(2,235		)	(735		)
Corporate and other costs	(26,899		)	(23,079		)
	$	33,903		$	21,524
Other income (expense):
Interest expense	$	(3,274	)	$	(3,534	)
Interest income	1,071			932
Miscellaneous	(674		)	(1,620		)
Income before income taxes	$	31,026		$	17,302

	December 31, 2016		October 1, 2016
Total assets:
AMER	$	521,705	$	590,850
APAC	1,034,237		1,009,917
EMEA	131,014		136,636
Corporate and eliminations	69,223		28,416
	$	1,756,179	$	1,765,819