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Reportable Segments, Geographic Information And Major Customers
 12 Months Ended
Oct. 03, 2015
Segment Reporting [Abstract]  
Reportable Segments, Geographic Information And Major Customers
Reportable Segments, Geographic Information and Major Customers
Reportable segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in assessing performance and allocating resources. The Company uses an internal management reporting system, which provides important financial data to evaluate performance and allocate the Company’s resources on a regional basis. Net sales for the segments are attributed to the region in which the product is manufactured or the service is performed. The services provided, manufacturing processes used, class of customers serviced and order fulfillment processes used are similar and generally interchangeable across the segments. A segment’s performance is evaluated based upon its operating income (loss). A segment’s operating income (loss) includes its net sales less cost of sales and selling and administrative expenses, but excludes corporate and other expenses. Corporate and other expenses primarily represent corporate selling and administrative expenses, and restructuring and impairment charges, if any. These costs are not allocated to the segments, as management excludes such costs when assessing the performance of the segments. Inter-segment transactions are generally recorded at amounts that approximate arm’s length transactions. The accounting policies for the segments are the same as for the Company taken as a whole.
Information about the Company’s three reportable segments for fiscal 2015, 2014 and 2013 is as follows (in thousands):
 
 
 
2015
 
2014
 
2013
Net sales:
 
 
 
 
 
 
AMER
 
$
1,389,017

 
$
1,238,225

 
$
1,062,758

APAC
 
1,285,905

 
1,132,503

 
1,146,299

EMEA
 
140,292

 
115,893

 
122,566

Elimination of inter-segment sales
 
(160,924
)
 
(108,372
)
 
(103,592
)
 
 
$
2,654,290

 
$
2,378,249

 
$
2,228,031

 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
AMER
 
$
68,585

 
$
79,211

 
$
70,863

APAC
 
160,217

 
135,539

 
116,350

EMEA
 
(8,129
)
 
(11,923
)
 
(3,096
)
Corporate and other costs
 
(105,237
)
 
(102,220
)
 
(87,494
)
 
 
$
115,436

 
$
100,607

 
$
96,623

Other income (expense):
 
 
 
 
 
 
Interest expense
 
(13,964
)
 
(12,295
)
 
(12,638
)
Interest income
 
3,499

 
2,934

 
1,640

Miscellaneous
 
1,324

 
2,079

 
(642
)
Income before income taxes
 
$
106,295

 
$
93,325

 
$
84,983

 
 
 
 
 
 
 
Depreciation:
 
 
 
 
 
 
AMER
 
$
17,753

 
$
16,452

 
$
13,474

APAC
 
18,176

 
20,587

 
23,560

EMEA
 
8,339

 
7,509

 
4,644

Corporate
 
4,110

 
2,713

 
5,732

 
 
$
48,378

 
$
47,261

 
$
47,410

 
 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
 
   AMER
 
$
17,595

 
$
53,135

 
$
60,507

   APAC
 
9,590

 
4,096

 
12,345

EMEA
 
6,976

 
6,351

 
30,836

Corporate
 
915

 
1,702

 
4,434

 
 
$
35,076

 
$
65,284

 
$
108,122

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
October 3,
2015
 
September 27,
2014
 
 
Total assets:
 
 
 
 
 
 
AMER
 
$
573,437

 
$
521,259

 
 
APAC
 
1,011,622

 
881,426

 
 
EMEA
 
128,306

 
135,841

 
 
Corporate and eliminations
 
(10,977
)
 
70,500

 
 
 
 
$
1,702,388

 
$
1,609,026

 
 
 
 
 
 
 
 
 

The following information is provided in accordance with the required segment disclosures for fiscal 2015, 2014 and 2013. Net sales to unaffiliated customers were based on the Company’s location providing product or services (in thousands):
Net sales:
 
2015
 
2014
 
2013
United States
 
$
1,303,106

 
$
1,188,068

 
$
1,004,153

Malaysia
 
926,059

 
798,447

 
877,748

China
 
359,846

 
334,056

 
268,551

Mexico
 
85,911

 
50,157

 
58,605

United Kingdom
 
70,335

 
72,443

 
81,657

Romania
 
65,338

 
39,030

 
38,117

Germany
 
4,619

 
4,420

 
2,792

Elimination of inter-segment sales
 
(160,924
)
 
(108,372
)
 
(103,592
)
 
 
$
2,654,290

 
$
2,378,249

 
$
2,228,031

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-lived assets:
 
October 3,
2015
 
September 27,
2014
 
 
United States
 
$
101,712

 
$
116,900

 
Malaysia
 
72,327

 
73,568

 
China
 
24,236

 
29,909

 
Mexico
 
39,002

 
33,671

 
United Kingdom
 
11,506

 
14,211

 
Romania
 
30,553

 
33,549

 
Germany
 
405

 
507

 
Other Foreign
 
4,689

 
5,280

 
Corporate
 
32,921

 
27,331

 
 
 
$
317,351

 
$
334,926

 

As the Company operates flexible manufacturing facilities and processes designed to accommodate customers with multiple product lines and configurations, it is impracticable to report net sales for individual products or services or groups of similar products and services.
Long-lived assets as of October 3, 2015 and September 27, 2014 exclude other long-term assets and deferred income tax assets, which totaled $40.3 million and $43.3 million, respectively.
As a percentage of consolidated net sales, net sales attributable to customers representing 10.0 percent or more of consolidated net sales for fiscal 2015, 2014 and 2013 were as follows:
 
 
2015
 
2014
 
2013
ARRIS Group, Inc. ("Arris")
 
12.6%
 
12.5%
 
*
General Electric Company ("GE")
 
10.6%
 
11.2%
 
*
Juniper Networks, Inc. (“Juniper”)
 
*
 
*
 
12.8%
* Net sales attributable to the customer were less than 10.0 percent of consolidated net sales for the period.

During fiscal 2015 and 2014, net sales attributable to Arris were reported in the AMER and APAC segments, and net sales attributable to GE were reported in all three segments. Net sales attributable to Juniper, which has disengaged from Plexus, were reported in the AMER and APAC segments.
No customer represented 10.0 percent or more of total accounts receivable as of October 3, 2015 or September 27, 2014.