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Reportable Segments

6 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Reportable Segments

Reportable Segments

The Company uses an internal management reporting system, which provides important financial data to the chief operating decision maker to evaluate performance and allocate the Company’s resources on a regional basis. Net sales for 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 other charges, if any, such as the one-time employee bonus. 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 the three and six months ended March 31, 2018 and April 1, 2017, respectively, is as follows (in thousands):

		Three Months Ended								Six Months Ended
		March 31, 2018				April 1, 2017				March 31, 2018				April 1, 2017
Net sales:
AMER		$	301,835			$	272,064			$	600,878			$	586,715
APAC		350,375				309,758				696,498				619,727
EMEA		73,942				44,975				137,774				84,424
Elimination of inter-segment sales		(27,501		)		(22,448		)		(59,205		)		(51,498		)
		$	698,651			$	604,349			$	1,375,945			$	1,239,368
Operating income (loss):
AMER		$	10,702			$	8,229			$	21,225			$	23,026
APAC		49,171				50,484				99,703				98,724
EMEA		389				(1,221		)		(732		)		(3,456		)
Corporate and other costs		(42,947		)		(24,921		)		(71,324		)		(51,820		)
		$	17,315			$	32,571			$	48,872			$	66,474
Other income (expense):
Interest expense		(3,547		)		(3,262		)		(7,272		)		(6,536		)
Interest income		1,426				1,185				2,981				2,256
Miscellaneous		(477		)		1,925				(823		)		1,251
Income before income taxes		$	14,717			$	32,419			$	43,758			$	63,445

		March 31, 2018				September 30, 2017
Total assets:
AMER		$	599,331			$	595,851
APAC		984,816				1,163,111
EMEA		190,426				172,830
Corporate and eliminations		135,401				44,390
		$	1,909,974			$	1,976,182

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- References

No definition available.

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- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

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