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 costs and other charges, if any, such as the $13.5 million one-time employee bonus paid to full-time, non-executive employees during fiscal 2018 due to our ability to access overseas cash as a result of Tax Reform (the "one-time employee bonus"). Losses incurred from a typhoon that impacted the APAC segment in fiscal 2016 are excluded from the segment results and included within corporate and other expenses. 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 2018, 2017 and 2016 is as follows (in thousands):



	2018			2017			2016
Net sales:
AMER	$	1,218,944		$	1,166,346		$	1,328,760
APAC	1,498,010			1,279,261			1,161,851
EMEA	281,489			192,829			170,450
Elimination of inter-segment sales	(124,935		)	(110,384		)	(105,057		)
	$	2,873,508		$	2,528,052		$	2,556,004

Operating income (loss):
AMER	$	38,637		$	41,924		$	64,921
APAC	213,935			200,103			155,501
EMEA	1,447			(6,197		)	(3,746		)
Corporate and other costs	(135,736		)	(105,922		)	(117,237		)
	$	118,283		$	129,908		$	99,439
Other income (expense):
Interest expense	$	(12,226	)	$	(13,578	)	$	(14,635	)
Interest income	4,696			5,042			4,242
Miscellaneous	(3,143		)	451			(1,652		)
Income before income taxes	$	107,610		$	121,823		$	87,394



	2018		2017		2016
Depreciation:
AMER	$	21,224	$	19,694	$	19,937
APAC	15,954		15,588		16,874
EMEA	6,054		5,467		6,106
Corporate	4,863		4,581		4,497
	$	48,095	$	45,330	$	47,414

Capital expenditures:
AMER	$	17,690	$	18,111	$	14,389
APAC	33,018		13,816		10,786
EMEA	7,923		5,748		3,399
Corporate	4,149		863		2,549
	$	62,780	$	38,538	$	31,123


	September 29, 2018		September 30, 2017
Total assets:
AMER	$	645,791	$	595,851
APAC	937,510		1,163,111
EMEA	193,797		172,830
Corporate and eliminations	155,544		44,390
	$	1,932,642	$	1,976,182

The following information is provided in accordance with the required segment disclosures for fiscal 2018, 2017 and 2016. Net sales were based on the Company’s location providing the product or service (in thousands):



	2018			2017			2016
Net sales:
United States	$	1,000,680		$	984,773		$	1,134,342
Malaysia	1,118,032			940,045			844,501
China	379,977			339,216			317,350
Mexico	218,264			181,573			194,418
Romania	177,111			114,363			83,712
United Kingdom	91,426			70,163			81,894
Germany	12,953			8,303			4,844
Elimination of inter-country sales	(124,935		)	(110,384		)	(105,057		)
	$	2,873,508		$	2,528,052		$	2,556,004



	September 29, 2018		September 30, 2017
Long-lived assets:
United States	$	108,694	$	110,828
Malaysia	89,938		74,769
Mexico	43,078		37,237
Romania	34,316		33,717
China	21,878		18,602
United Kingdom	6,171		6,456
Other Foreign	5,646		5,429
Corporate	31,585		27,627
	$	341,306	$	314,665

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 September 29, 2018 and September 30, 2017 exclude other long-term assets, deferred income tax assets and intangible assets, which totaled $74.2 million and $44.1 million, respectively.

As a percentage of consolidated net sales, net sales attributable to customers representing 10.0% or more of consolidated net sales for fiscal 2018, 2017 and 2016 were as follows:



	2018	2017	2016
General Electric Company ("GE")	12.3%	12.2%	11.1%
Micron Technology, Inc. ("Micron")	*	*	10.4%
ARRIS Group, Inc. ("Arris")	*	*	10.1%
* Net sales attributable to the customer were less than 10.0% of consolidated net sales for the period.

During fiscal 2018, 2017 and 2016, net sales attributable to GE were reported in all three reportable segments. During fiscal 2016, sales attributable to Arris and Micron were reported in the AMER and APAC segments.

As of September 29, 2018, GE represented 10.9% of total accounts receivable. As of September 30, 2017, Arris represented 11.6% of total accounts receivable.