XML 43 R33.htm IDEA: XBRL DOCUMENT v3.23.2
Segment information (Tables)
 6 Months Ended
Jul. 02, 2023
Segment Reporting [Abstract]  
Segment Results
The following tables present our segment results for the three and six months ended July 2, 2023 and June 26, 2022:
 Three Months EndedSix Months Ended
 July 2, 2023June 26, 2022July 2, 2023June 26, 2022
Americas$424,644 $412,740 $836,508 $790,701 
EMEA147,809 145,190 291,149 282,098 
Asia86,678 76,609 165,409 145,799 
OEM84,128 70,003 161,125 127,659 
Net revenues$743,259 $704,542 $1,454,191 $1,346,257 
Three Months EndedSix Months Ended
July 2, 2023June 26, 2022July 2, 2023June 26, 2022
Americas$116,303 $114,467 $214,921 $211,368 
EMEA13,097 12,725 25,868 21,819 
Asia23,148 21,494 44,148 38,911 
OEM23,779 17,836 43,816 28,759 
Total segment operating profit (1)
176,327 166,522 328,753 300,857 
Unallocated expenses (2)
(32,766)(31,365)(70,218)(62,164)
Income from continuing operations before interest and taxes$143,561 $135,157 $258,535 $238,693 
(1)Segment operating profit includes segment net revenues from external customers reduced by its 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.
(2)Unallocated expenses primarily include manufacturing variances other than fixed manufacturing cost absorption variances and restructuring and impairment charges.