Business Segment Information
6 Months Ended
May 25, 2014
Segment Reporting [Abstract]  
BUSINESS SEGMENT INFORMATION
BUSINESS SEGMENT INFORMATION
The Company manages its business according to three regional segments: the Americas, Europe and Asia. The Company considers its chief executive officer to be the Company’s chief operating decision maker. The Company’s management, including the chief operating decision maker, manages business operations, evaluates performance and allocates resources based on the regional segments’ net revenues and operating income.
Effective as of the beginning of 2014, the Company's reporting segments were revised to combine its Middle East and North Africa markets, previously managed by the Company's Europe region, with the Company's Asia Pacific region, which was renamed to Asia as a result of the change. Financial information attributable to these markets are not significant to any of the Company's regional segments individually in any of the periods presented herein, and accordingly, business segment information for the prior year has not been revised.
Business segment information for the Company is as follows: 
 
Three Months Ended
 
Six Months Ended
 
May 25,
2014
 
May 26,
2013
 
May 25,
2014
 
May 26,
2013
 
(Dollars in thousands)
Net revenues:
 
 
 
 
 
 
 
Americas
$
644,727

 
$
665,914

 
$
1,271,563

 
$
1,313,041

Europe
260,994

 
253,117

 
561,420

 
549,704

Asia
176,126

 
179,867

 
378,854

 
382,831

Total net revenues
$
1,081,847

 
$
1,098,898

 
$
2,211,837

 
$
2,245,576

Operating income:
 
 
 
 
 
 
 
Americas
$
109,425

 
$
118,907

 
$
220,477

 
$
251,370

Europe
38,188

 
36,709

 
109,594

 
99,635

Asia
24,282

 
32,602

 
71,184

 
81,567

Regional operating income
171,895

 
188,218

 
401,255

 
432,572

Corporate:
 
 
 
 
 
 
 
Restructuring
19,105

 

 
77,040

 

Other corporate staff costs and expenses
87,662

 
88,581

 
165,431

 
151,480

Corporate expenses
106,767

 
88,581

 
242,471

 
151,480

Total operating income
65,128

 
99,637

 
158,784

 
281,092

Interest expense
(31,310
)
 
(32,883
)
 
(63,139
)
 
(65,040
)
Loss on early extinguishment of debt
(11,151
)
 
(575
)
 
(11,151
)
 
(689
)
Other income (expense), net
(6,122
)
 
(830
)
 
(1,939
)
 
5,236

Income before income taxes
$
16,545

 
$
65,349

 
$
82,555

 
$
220,599