Segment Information

6 Months Ended

Jun. 29, 2024

Segment Information [Abstract]

Segment Information

Note 11 – Segment Information

The following tables set forth business segment information:

	MOSFETs		Diodes		Optoelectronic Components		Resistors		Inductors		Capacitors		Total
Fiscal quarter ended June 29, 2024:
Net revenues	$	155,053	$	146,265	$	53,010	$	179,498	$	94,061	$	113,352	$	741,239
Segment Operating Income	$	1,834	$	24,414	$	8,693	$	32,859	$	24,547	$	20,966	$	113,313
Fiscal quarter ended July 1, 2023:
Net revenues	$	207,388	$	174,735	$	64,449	$	222,433	$	89,239	$	133,866	$	892,110
Segment Operating Income	$	56,772	$	35,110	$	10,749	$	57,363	$	27,585	$	28,177	$	215,756

Six fiscal months ended June 29, 2024:
Net revenues	$	308,226	$	295,395	$	102,209	$	367,694	$	182,712	$	231,282	$	1,487,518
Segment Operating Income	$	9,881	$	50,425	$	10,186	$	71,032	$	47,728	$	47,495	$	236,747
Six fiscal months ended July 1, 2023:
Net revenues	$	405,569	$	350,428	$	124,852	$	445,573	$	169,577	$	267,157	$	1,763,156
Segment Operating Income	$	114,789	$	77,796	$	28,049	$	124,062	$	48,564	$	61,173	$	454,433

	Fiscal quarters ended						Six fiscal months ended
	June 29, 2024			July 1, 2023			June 29, 2024			July 1, 2023
Reconciliation:
Segment Operating Income	$	113,313		$	215,756		$	236,747		$	454,433
Unallocated Selling, General, and Administrative Expenses		(75,396	)		(81,140	)		(156,159	)		(161,249	)
Consolidated Operating Income	$	37,917		$	134,616		$	80,588		$	293,184
Unallocated Other Income (Expense)		(1,646	)		(1,147	)		(55	)		(2,938	)
Consolidated Income Before Taxes	$	36,271		$	133,469		$	80,533		$	290,246

The Company has a broad line of products that it sells to original equipment manufacturers ("OEMs"), electronic manufacturing services ("EMS") companies, and independent distributors.  The distribution of sales by channel is shown below:

	Fiscal quarters ended				Six fiscal months ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Distributors	$	411,508	$	487,107	$	793,988	$	957,895
OEMs		279,111		344,820		592,938		685,248
EMS companies		50,620		60,183		100,592		120,013
Total Revenue	$	741,239	$	892,110	$	1,487,518	$	1,763,156

Net revenues were attributable to customers in the following regions:

	Fiscal quarters ended				Six fiscal months ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Asia	$	283,489	$	323,527	$	567,496	$	633,956
Europe		265,153		326,461		536,887		653,022
Americas		192,597		242,122		383,135		476,178
Total Revenue	$	741,239	$	892,110	$	1,487,518	$	1,763,156

The Company generates substantially all of its revenue from product sales to end customers in the industrial, automotive, telecommunications, computing, consumer products, power supplies, military and aerospace, and medical end markets.  Sales by end market are presented below:

	Fiscal quarters ended				Six fiscal months ended
	June 29, 2024		July 1, 2023		June 29, 2024		July 1, 2023
Industrial	$	262,134	$	327,956	$	510,262	$	653,916
Automotive		268,099		310,233		555,401		594,732
Military and Aerospace		80,569		68,741		163,925		130,866
Medical		39,456		40,138		73,845		82,241
Other		90,981		145,042		184,085		301,401
Total Revenue	$	741,239	$	892,110	$	1,487,518	$	1,763,156