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Revenue from Contracts with Customers (Tables) | 6 Months Ended
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Apr. 03, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The table below includes the Company’s revenue for the three and six months ended April 3, 2021 and April 4, 2020, disaggregated by geographic reportable segment and market sector (in thousands):
|  | Three Months Ended April 3, 2021
|  | Reportable Segment:
|  | AMER |  | APAC |  | EMEA |  | Total
Market Sector: |  |  |  |  |  |  |  |
Industrial |  | $ | 131,341 |  |  | $ | 255,537 |  |  | $ | 20,040 |  |  | $ | 406,918 |
Healthcare/Life Sciences |  | 155,027 |  |  | 149,863 |  |  | 44,877 |  |  | 349,767 |
Aerospace/Defense |  | 75,188 |  |  | 31,320 |  |  | 17,692 |  |  | 124,200 |
External revenue |  | 361,556 |  |  | 436,720 |  |  | 82,609 |  |  | 880,885 |
Inter-segment sales |  | 3,141 |  |  | 22,152 |  |  | 713 |  |  | 26,006 |
Segment revenue |  | $ | 364,697 |  |  | $ | 458,872 |  |  | $ | 83,322 |  |  | $ | 906,891 |
|  | Three Months Ended April 4, 2020
|  | Reportable Segment:
|  | AMER |  | APAC |  | EMEA |  | Total
Market Sector (1): |  |  |  |  |  |  |  |
Industrial |  | $ | 118,088 |  |  | $ | 202,576 |  |  | $ | 18,234 |  |  | $ | 338,898 |
Healthcare/Life Sciences |  | 117,143 |  |  | 118,033 |  |  | 35,804 |  |  | 270,980 |
Aerospace/Defense |  | 96,197 |  |  | 42,933 |  |  | 18,356 |  |  | 157,486 |
External revenue |  | 331,428 |  |  | 363,542 |  |  | 72,394 |  |  | 767,364 |
Inter-segment sales |  | 3,026 |  |  | 24,303 |  |  | 1,609 |  |  | 28,938 |
Segment revenue |  | $ | 334,454 |  |  | $ | 387,845 |  |  | $ | 74,003 |  |  | $ | 796,302 |
(1) During the three months ended January 2, 2021, the Company consolidated the previously reported Industrial/Commercial and Communications market sectors to form the Industrial market sector. Prior period amounts have been reclassified to conform to the current period presentation.
|  | Six Months Ended April 3, 2021
|  | Reportable Segment:
|  | AMER |  | APAC |  | EMEA |  | Total
Market Sector: |  |  |  |  |  |  |  |
Industrial |  | $ | 253,367 |  |  | $ | 493,785 |  |  | $ | 37,808 |  |  | $ | 784,960 |
Healthcare/Life Sciences |  | 281,466 |  |  | 303,909 |  |  | 83,705 |  |  | 669,080 |
Aerospace/Defense |  | 152,168 |  |  | 65,579 |  |  | 39,453 |  |  | 257,200 |
External revenue |  | 687,001 |  |  | 863,273 |  |  | 160,966 |  |  | 1,711,240 |
Inter-segment sales |  | 5,263 |  |  | 46,901 |  |  | 1,079 |  |  | 53,243 |
Segment revenue |  | $ | 692,264 |  |  | $ | 910,174 |  |  | $ | 162,045 |  |  | $ | 1,764,483 |
|  | Six Months Ended April 4, 2020
|  | Reportable Segment:
|  | AMER |  | APAC |  | EMEA |  | Total
Market Sector (1): |  |  |  |  |  |  |  |
Industrial |  | $ | 237,975 |  |  | $ | 430,613 |  |  | $ | 38,310 |  |  | $ | 706,898 |
Healthcare/Life Sciences |  | 241,339 |  |  | 267,758 |  |  | 74,170 |  |  | 583,267 |
Aerospace/Defense |  | 201,686 |  |  | 86,182 |  |  | 41,740 |  |  | 329,608 |
External revenue |  | 681,000 |  |  | 784,553 |  |  | 154,220 |  |  | 1,619,773 |
Inter-segment sales |  | 6,930 |  |  | 54,434 |  |  | 4,260 |  |  | 65,624 |
Segment revenue |  | $ | 687,930 |  |  | $ | 838,987 |  |  | $ | 158,480 |  |  | $ | 1,685,397 |
(1) During the three months ended January 2, 2021, the Company consolidated the previously reported Industrial/Commercial and Communications market sectors to form the Industrial market sector. Prior period amounts have been reclassified to conform to the current period presentation.
Schedule of Contract Assets | The following table summarizes the activity in the Company's contract assets during the six months ended April 3, 2021 and April 4, 2020 (in thousands):
|  | Six Months Ended
|  | April 3, 2021 |  | April 4, 2020
Contract assets, beginning of period |  | $ | 113,946 |  |  | $ | 90,841 |
Revenue recognized during the period |  | 1,559,878 |  |  | 1,460,580 |
Amounts collected or invoiced during the period |  | (1,557,384) |  |  | (1,440,144) |
Contract assets, end of period |  | $ | 116,440 |  |  | $ | 111,277 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
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