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 the 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 costs 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 and six months ended March 30, 2019 and March 31, 2018, respectively, is as follows (in thousands):



	Three Months Ended						Six Months Ended
	March 30, 2019			March 31, 2018			March 30, 2019			March 31, 2018
Net sales:
AMER	$	364,490		$	301,835		$	718,357		$	600,878
APAC	378,441			350,375			756,553			696,498
EMEA	75,822			73,942			148,120			137,774
Elimination of inter-segment sales	(29,702		)	(27,501		)	(68,435		)	(59,205		)
	$	789,051		$	698,651		$	1,554,595		$	1,375,945

Operating income (loss):
AMER	$	14,230		$	10,702		$	28,680		$	21,225
APAC	48,704			49,171			100,515			99,703
EMEA	(133		)	389			863			(732		)
Corporate and other costs	(29,627		)	(42,947		)	(59,933		)	(71,324		)
	$	33,174		$	17,315		$	70,125		$	48,872
Other income (expense):
Interest expense	(3,145		)	(3,547		)	(5,394		)	(7,272		)
Interest income	440			1,426			965			2,981
Miscellaneous, net	(1,773		)	(477		)	(2,885		)	(823		)
Income before income taxes	28,696			14,717			62,811			43,758



	March 30, 2019		September 29, 2018
Total assets:
AMER	$	733,925	$	645,791
APAC	980,888		937,510
EMEA	201,627		193,797
Corporate and eliminations	84,411		155,544
	$	2,000,851	$	1,932,642