XML 45 R35.htm IDEA: XBRL DOCUMENT v3.23.3
Segment information (Tables)
9 Months Ended
Oct. 01, 2023
Segment Reporting [Abstract]  
Segment Results
The following tables present our segment results for the three and nine months ended October 1, 2023 and September 25, 2022:
 Three Months EndedNine Months Ended
 October 1, 2023September 25, 2022October 1, 2023September 25, 2022
Americas$428,206 $405,038 $1,264,714 $1,195,739 
EMEA142,723 128,437 433,872 410,535 
Asia93,151 82,025 258,560 227,824 
OEM82,309 71,288 243,434 198,947 
Net revenues$746,389 $686,788 $2,200,580 $2,033,045 
Three Months EndedNine Months Ended
October 1, 2023September 25, 2022October 1, 2023September 25, 2022
Americas$126,340 $107,180 $341,261 $318,548 
EMEA17,876 7,472 43,744 29,291 
Asia25,978 22,885 70,126 61,796 
OEM23,491 18,438 67,307 47,197 
Total segment operating profit (1)
193,685 155,975 522,438 456,832 
Unallocated expenses (2)
(28,375)(23,530)(98,593)(85,694)
Income from continuing operations before interest and taxes$165,310 $132,445 $423,845 $371,138 
(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.