Note 9 Business Segment, Geographic and Customer Information

9 Months Ended

Jun. 29, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Business Segment, Geographic and Customer Information

ASC Topic 280, Segment Reporting, establishes standards for reporting information about operating segments, products and services, geographic areas of operations and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker or decision making group in deciding how to allocate resources and in assessing performance.

The Company's operations are managed as two businesses: Integrated Manufacturing Solutions (IMS) and Components, Products and Services (CPS). The Company's CPS business consists of multiple operating segments which do not meet the quantitative threshold for being presented as reportable segments. Therefore, financial information for these operating segments is presented in a single category entitled "CPS" and the Company has only one reportable segment - IMS.

The following table presents information for the following periods:

	Three Months Ended						Nine Months Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
	(In thousands)
Gross sales:
IMS	$	1,202,749		$	1,270,849		$	3,565,389		$	3,689,889
CPS	324,773			311,658			961,854			930,067
Intersegment revenue	(38,308		)	(33,205		)	(115,442		)	(105,206		)
Net sales	$	1,489,214		$	1,549,302		$	4,411,801		$	4,514,750
Gross profit:
IMS	$	79,888		$	81,796		$	219,172		$	244,148
CPS	35,834			24,162			99,754			79,502
Total	115,722			105,958			318,926			323,650
Unallocated items (1)	(1,471		)	(706		)	(7,443		)	(3,025		)
Total	$	114,251		$	105,252		$	311,483		$	320,625

(1) Represents amounts associated with items that management excludes from its measure of gross profit. These items include stock-based compensation expense, amortization of intangible assets, charges or credits resulting from distressed customers and similar items that either occur infrequently or are of a non-operational nature.

Net sales by geographic segment, determined based on the country in which a product is manufactured, was as follows:

	Three Months Ended						Nine Months Ended
	June 29, 2013			June 30, 2012			June 29, 2013			June 30, 2012
	(In thousands)
Net sales
Domestic	$	275,893		$	280,144		$	796,458		$	843,656
Mexico	372,060			331,470			1,059,473			940,603
China	364,703			404,659			1,130,916			1,246,462
Other international	476,558			533,029			1,424,954			1,484,029
Total	$	1,489,214		$	1,549,302		$	4,411,801		$	4,514,750
Percentage of net sales represented by ten largest customers	51.4		%	50.8		%	50.1		%	49.1		%
Number of customers representing 10% or more of net sales	1			2			1			1