Business Segment Information

9 Months Ended

Aug. 28, 2011

Business Segment Information [Abstract]

BUSINESS SEGMENT INFORMATION

NOTE 13:   BUSINESS SEGMENT INFORMATION

The Company manages its business according to three regional segments, the Americas, Europe and Asia Pacific, under the leadership of senior executives who report to the chief operating decision maker: the Company’s chief executive officer. 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.

In the first quarter of 2011, accountability for certain information technology, human resources, advertising and promotion, and marketing staff costs of a global nature, that in prior years were captured in the Company’s geographic regions, was centralized under corporate management. Beginning in 2011, these costs have been classified as corporate expenses. These costs were not significant to any of the Company’s regional segments individually in any of the periods presented herein, and accordingly business segment information for prior years has not been revised.

Business segment information for the Company is as follows:

	Three Months Ended						Nine Months Ended
	August 28,			August 29,			August 28,			August 29,
	2011			2010			2011			2010
				(Dollars in thousands)
Net revenues:
Americas	$	717,586		$	673,443		$	1,908,846		$	1,776,654
Europe		275,127			259,097			867,839			805,350
Asia Pacific		211,304			176,465			640,947			538,736
Total net revenues	$	1,204,017		$	1,109,005		$	3,417,632		$	3,120,740
Operating income:
Americas	$	111,485		$	102,934		$	269,118		$	263,914
Europe		31,316			34,401			140,129			132,384
Asia Pacific		26,450			15,340			89,242			62,889
Regional operating income		169,251			152,675			498,489			459,187
Corporate expenses		88,352			66,372			253,740			196,411
Total operating income		80,899			86,303			244,749			262,776
Interest expense		(30,208	)		(31,734	)		(98,589	)		(100,347	)
Loss on early extinguishment of debt		—			—			—			(16,587	)
Other income (expense), net		(5,779	)		(7,695	)		(12,744	)		11,462
Income before income taxes	$	44,912		$	46,874		$	133,416		$	157,304