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Segment information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment Results
The following tables present our segment results for the three months ended March 31, 2024 and April 2, 2023:
 Three Months Ended
 March 31, 2024April 2, 2023
Americas$406,286 $411,864 
EMEA159,656 143,340 
Asia84,210 78,731 
OEM87,697 76,997 
Net revenues$737,849 $710,932 
Three Months Ended
March 31, 2024April 2, 2023
Americas$87,989 $98,618 
EMEA26,102 12,771 
Asia17,195 21,000 
OEM23,117 20,037 
Total segment operating profit (1)
154,403 152,426 
Unallocated expenses (2)
(159,196)(37,452)
(Loss) income from continuing operations before interest and taxes$(4,793)$114,974 
(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, restructuring and impairment charges and settlement charges related to our plan to terminate the TRIP, as described in Note 12.