XML 22 R28.htm IDEA: XBRL DOCUMENT v3.3.0.814
Business Segment Information (Tables)
9 Months Ended
Aug. 30, 2015
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
Business segment information for the Company is as follows: 
 
Three Months Ended
 
Nine Months Ended
 
August 30,
2015
 
August 24,
2014
 
August 30,
2015
 
August 24,
2014
 
(Dollars in thousands)
Net revenues:
 
 
 
 
 
 
 
Americas
$
713,148

 
$
697,467

 
$
1,909,011

 
$
1,969,030

Europe
258,486

 
285,983

 
758,124

 
847,403

Asia
170,378

 
170,679

 
542,132

 
549,533

Total net revenues
$
1,142,012

 
$
1,154,129

 
$
3,209,267

 
$
3,365,966

Operating income:
 
 
 
 
 
 
 
Americas
$
144,241

 
$
122,210

 
$
349,859

 
$
342,687

Europe(1)
50,502

 
49,587

 
142,173

 
159,181

Asia
25,666

 
17,366

 
88,037

 
88,550

Regional operating income
220,409

 
189,163

 
580,069

 
590,418

Corporate:
 
 
 
 
 
 
 
Restructuring, net
4,054

 
2,371

 
11,346

 
79,411

Restructuring-related charges
7,723

 
7,564

 
28,096

 
23,316

Other corporate staff costs and expenses
93,859

 
74,108

 
270,794

 
223,787

Corporate expenses
105,636

 
84,043

 
310,236

 
326,514

Total operating income
114,773

 
105,120

 
269,833

 
263,904

Interest expense
(17,138
)
 
(27,179
)
 
(62,363
)
 
(90,318
)
Loss on early extinguishment of debt

 

 
(14,002
)
 
(11,151
)
Other expense, net
(8,316
)
 
(5,605
)
 
(26,705
)
 
(7,544
)
Income before income taxes
$
89,319

 
$
72,336

 
$
166,763

 
$
154,891


_____________
 
(1)
Included in Europe's operating income for the nine-month period ended August 30, 2015, is a gain of $7.5 million related to the sale of the Company's finishing and distribution facility in Turkey in the second quarter of 2015.