Segment information (Tables)

3 Months Ended

Mar. 29, 2020

Segment Reporting [Abstract]

Segment Results

The following tables present our segment results for the three months ended March 29, 2020 and March 31, 2019:

	Three Months Ended
	March 29, 2020		March 31, 2019
	(Dollars in thousands)
Americas	$	358,002	$	344,024
EMEA	156,124		154,545
Asia	53,129		60,777
OEM	63,387		54,238
Net revenues	$	630,642	$	613,584

	Three Months Ended
	March 29, 2020		March 31, 2019
	(Dollars in thousands)
Americas	$	140,969	$	65,599
EMEA	20,419		27,023
Asia	10,232		9,979
OEM	15,099		13,321
Total segment operating profit (1)	186,719		115,922
Unallocated expenses (2)	(29,633)		(40,679)
Income from continuing operations before interest and taxes	$	157,086	$	75,243

(1)Segment operating profit includes segment net revenues from external customers reduced by the segment's standard cost of goods sold, adjusted for fixed manufacturing cost absorption variances, selling, general and administrative expenses, research and development expenses and an allocation of corporate expenses. Corporate expenses are allocated among the segments in proportion to the respective amounts of one of several items (such as net revenues, numbers of employees, and amount of time spent), depending on the category of expense involved.

(2)Unallocated expenses primarily include manufacturing variances other than fixed manufacturing cost absorption variances, restructuring charges and gain on sale of assets.