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Reportable Segments, Geographic Information and Major Customers (Tables)

12 Months Ended

Oct. 02, 2021

Segment Reporting [Abstract]

Schedule of Reportable Segments Information

Information about the Company’s three reportable segments for fiscal 2021, 2020 and 2019 is as follows (in thousands):

						2021						2020						2019
Net sales:
AMER						$	1,317,404					$	1,327,849					$	1,429,308
APAC						1,850,603						1,824,831						1,557,205
EMEA						312,669						349,102						309,933
Elimination of inter-segment sales						(111,811)						(111,388)						(132,012)
						$	3,368,865					$	3,390,394					$	3,164,434
Operating income (loss):
AMER						$	62,338					$	38,126					$	57,780
APAC						238,800						246,636						208,178
EMEA						(895)						1,492						4,475
Corporate and other costs						(123,975)						(132,882)						(128,378)
						$	176,268					$	153,372					$	142,055
Other income (expense):
Interest expense						$	(14,253)					$	(16,162)					$	(12,853)
Interest income						1,372						1,878						1,949
Miscellaneous, net						(2,976)						(3,691)						(5,196)
Income before income taxes						$	160,411					$	135,397					$	125,955

						2021						2020						2019
Depreciation:
AMER						$	24,325					$	24,217					$	22,531
APAC						19,924						17,912						16,905
EMEA						7,189						6,938						6,105
Corporate						8,390						6,437						5,344
						$	59,828					$	55,504					$	50,885
Capital expenditures:
AMER						$	16,114					$	13,361					$	42,459
APAC						31,774						18,902						33,454
EMEA						2,504						8,577						5,186
Corporate						6,707						9,248						9,501
						$	57,099					$	50,088					$	90,600
						October 2, 2021						October 3, 2020
Total assets:
AMER						$	789,385					$	759,030
APAC						1,283,124						1,073,951
EMEA						275,122						279,757
Corporate and eliminations						114,262						177,110
						$	2,461,893					$	2,289,848

Schedule of Net Sales and Long-lived Assets

The following information is provided in accordance with the required segment disclosures for fiscal 2021, 2020 and 2019. Net sales were based on the Company’s location providing the product or service (in thousands):

						2021						2020						2019
Net sales:
United States						$	914,360					$	989,888					$	1,197,665
Malaysia						1,495,049						1,432,154						1,138,380
China						355,554						392,677						418,825
Mexico						403,044						337,961						231,643
Romania						202,649						217,295						195,837
United Kingdom						99,365						118,463						99,825
Germany						10,655						13,344						14,271
Elimination of inter-country sales						(111,811)						(111,388)						(132,012)
						$	3,368,865					$	3,390,394					$	3,164,434

						October 2, 2021						October 3, 2020
Long-lived assets:
United States						$	106,577					$	113,961
Malaysia						139,614						135,132
Mexico						75,774						77,460
Romania						29,474						33,801
Thailand						19,394						5,413
China						35,969						29,701
United Kingdom						9,073						9,112
Other Foreign						3,840						4,798
Corporate						47,466						44,162
						$	467,181					$	453,540

Concentration of Risk

As a percentage of consolidated net sales, net sales attributable to customers representing 10.0% or more of consolidated net sales for fiscal 2021, 2020 and 2019 were as follows:

						2021						2020						2019
General Electric Company ("GE")						11.2%						11.7%						12.4%

X

- Definition

Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer.

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Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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