Business Segment Information

6 Months Ended

May 26, 2013

Segment Reporting [Abstract]

BUSINESS SEGMENT INFORMATION

BUSINESS SEGMENT INFORMATION

The Company manages its business according to three regional segments, the Americas, Europe and Asia Pacific. The Company considers its chief executive officer to be the Company’s chief operating decision maker. The Company’s management, including the chief operating decision maker, manages business operations, evaluates performance and allocates resources based on the regional segments’ net revenues and operating income.

Business segment information for the Company is as follows:

	Three Months Ended						Six Months Ended
	May 26, 2013			May 27, 2012			May 26, 2013			May 27, 2012
	(Dollars in thousands)
Net revenues:
Americas	$	665,914		$	605,169		$	1,313,041		$	1,252,463
Europe	253,117			253,897			549,704			543,349
Asia Pacific	179,867			188,091			382,831			416,306
Total net revenues	$	1,098,898		$	1,047,157		$	2,245,576		$	2,212,118
Operating income:
Americas	$	118,907		$	71,325		$	251,370		$	150,961
Europe	36,709			29,556			99,635			81,629
Asia Pacific	32,602			18,752			81,567			59,912
Regional operating income	188,218			119,633			432,572			292,502
Corporate expenses	88,581			74,003			151,480			136,661
Total operating income	99,637			45,630			281,092			155,841
Interest expense	(32,883		)	(32,411		)	(65,040		)	(70,984		)
Loss on early extinguishment of debt	(575		)	(8,206		)	(689		)	(8,206		)
Other income (expense), net	(830		)	10,697			5,236			11,869
Income before income taxes	$	65,349		$	15,710		$	220,599		$	88,520