XML 62 R32.htm IDEA: XBRL DOCUMENT v3.20.1
Revenue from Contracts with Customers (Tables)
6 Months Ended
Apr. 04, 2020
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The table below includes the Company’s revenue for the three and six months ended April 4, 2020 and March 30, 2019, respectively, disaggregated by geographic reportable segment and market sector (in thousands):
 
 
Three Months Ended
April 4, 2020
 
 
Reportable Segment:
 
 
AMER
 
APAC
 
EMEA
 
Total
Market Sector:
 
 
 
 
 
 
 
 
Healthcare/Life Sciences
 
$
117,143

 
$
118,033

 
$
35,804

 
$
270,980

Industrial/Commercial
 
87,260

 
182,582

 
16,961

 
286,803

Aerospace/Defense
 
96,197

 
42,933

 
18,356

 
157,486

Communications
 
30,828

 
19,994

 
1,273

 
52,095

     External revenue
 
331,428

 
363,542

 
72,394

 
767,364

Inter-segment sales
 
3,026

 
24,303

 
1,609

 
28,938

    Segment revenue
 
$
334,454

 
$
387,845

 
$
74,003

 
$
796,302

 
 
Three Months Ended
March 30, 2019
 
 
Reportable Segment:
 
 
AMER
 
APAC
 
EMEA
 
Total
Market Sector:
 
 
 
 
 
 
 
 
Healthcare/Life Sciences
 
$
125,434

 
$
141,655

 
$
32,547

 
$
299,636

Industrial/Commercial
 
94,208

 
131,808

 
24,220

 
250,236

Aerospace/Defense
 
75,854

 
47,752

 
16,904

 
140,510

Communications
 
67,681

 
29,984

 
1,004

 
98,669

     External revenue
 
363,177

 
351,199

 
74,675

 
789,051

Inter-segment sales
 
1,313

 
27,242

 
1,147

 
29,702

    Segment revenue
 
$
364,490

 
$
378,441

 
$
75,822

 
$
818,753

 
 
Six Months Ended
April 4, 2020
 
 
Reportable Segment:
 
 
AMER
 
APAC
 
EMEA
 
Total
Market Sector:
 
 
 
 
 
 
 
 
Healthcare/Life Sciences
 
$
241,339

 
$
267,758

 
$
74,170

 
$
583,267

Industrial/Commercial
 
179,181

 
381,928

 
35,694

 
596,803

Aerospace/Defense
 
201,686

 
86,182

 
41,740

 
329,608

Communications
 
58,794

 
48,685

 
2,616

 
110,095

     External revenue
 
681,000

 
784,553

 
154,220

 
1,619,773

Inter-segment sales
 
6,930

 
54,434

 
4,260

 
65,624

    Segment revenue
 
$
687,930

 
$
838,987

 
$
158,480

 
$
1,685,397

 
 
Six Months Ended
March 30, 2019
 
 
Reportable Segment:
 
 
AMER
 
APAC
 
EMEA
 
Total
Market Sector:
 
 
 
 
 
 
 
 
Healthcare/Life Sciences
 
$
241,199

 
$
293,761

 
$
65,254

 
$
600,214

Industrial/Commercial
 
177,926

 
248,079

 
43,373

 
469,378

Aerospace/Defense
 
138,227

 
89,846

 
34,902

 
262,975

Communications
 
158,145

 
60,959

 
2,924

 
222,028

     External revenue
 
715,497

 
692,645

 
146,453

 
1,554,595

Inter-segment sales
 
2,860

 
63,908

 
1,667

 
68,435

    Segment revenue
 
$
718,357

 
$
756,553

 
$
148,120

 
$
1,623,030


Schedule of Contract Assets The following table summarizes the activity in the Company's contract assets for the six months ended April 4, 2020 and March 30, 2019 (in thousands):
 
 
Six Months Ended
 
 
April 4,
2020
 
March 30,
2019
Contract assets, beginning of period
 
$
90,841

 
$

Cumulative effect adjustment at September 29, 2018
 

 
76,417

Revenue recognized during the period
 
1,460,580

 
1,393,777

Amounts collected or invoiced during the period
 
(1,440,144
)
 
(1,383,391
)
Contract assets, end of period
 
$
111,277

 
$
86,803