Segment Information

9 Months Ended

Sep. 28, 2024

Segment Information [Abstract]

Segment Information

Note 13 – Segment Information

The following tables set forth business segment information:

	MOSFETs			Diodes		Optoelectronic Components		Resistors		Inductors		Capacitors		Total
Fiscal quarter ended September 28, 2024:
Net revenues	$	147,134		$	145,183	$	63,227	$	180,889	$	90,253	$	108,667	$	735,353
Segment Operating Income (Loss)	$	(4,265	)	$	22,748	$	6,153	$	32,305	$	23,649	$	18,917	$	99,507
Fiscal quarter ended September 30, 2023:
Net revenues	$	205,027		$	176,788	$	64,441	$	199,877	$	89,947	$	117,573	$	853,653
Segment Operating Income	$	52,755		$	41,552	$	13,087	$	41,849	$	25,078	$	20,533	$	194,854
Nine fiscal months ended September 28, 2024:
Net revenues	$	455,360		$	440,578	$	165,436	$	548,583	$	272,965	$	339,949	$	2,222,871
Segment Operating Income	$	5,616		$	73,173	$	16,339	$	103,337	$	71,377	$	66,412	$	336,254
Nine fiscal months ended September 30, 2023:
Net revenues	$	610,596		$	527,216	$	189,293	$	645,450	$	259,524	$	384,730	$	2,616,809
Segment Operating Income	$	167,544		$	119,348	$	41,136	$	165,911	$	73,642	$	81,706	$	649,287

	Fiscal quarters ended						Nine fiscal months ended
	September 28, 2024			September 30, 2023			September 28, 2024			September 30, 2023
Reconciliation:
Segment Operating Income	$	99,507		$	194,854		$	336,254		$	649,287
Restructuring and Severance Costs		(40,614	)		-			(40,614	)		-
Unallocated Selling, General, and Administrative Expenses		(77,169	)		(79,724	)		(233,328	)		(240,973	)
Consolidated Operating Income (Loss)	$	(18,276	)	$	115,130		$	62,312		$	408,314
Unallocated Other Income (Expense)		(5,793	)		(18,618	)		(5,848	)		(21,556	)
Consolidated Income (Loss) Before Taxes	$	(24,069	)	$	96,512		$	56,464		$	386,758

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				Nine fiscal months ended
	September 28, 2024		September 30, 2023		September 28, 2024		September 30, 2023
Distributors	$	406,468	$	438,126	$	1,200,456	$	1,396,021
OEMs		278,801		358,791		871,739		1,044,039
EMS companies		50,084		56,736		150,676		176,749
Total Revenue	$	735,353	$	853,653	$	2,222,871	$	2,616,809

Net revenues were attributable to customers in the following regions:

	Fiscal quarters ended				Nine fiscal months ended
	September 28, 2024		September 30, 2023		September 28, 2024		September 30, 2023
Asia	$	289,577	$	323,750	$	857,073	$	957,706
Europe		256,296		315,264		793,183		968,286
Americas		189,480		214,639		572,615		690,817
Total Revenue	$	735,353	$	853,653	$	2,222,871	$	2,616,809

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				Nine fiscal months ended
	September 28, 2024		September 30, 2023		September 28, 2024		September 30, 2023
Industrial	$	243,610	$	297,506	$	753,872	$	951,422
Automotive		279,597		316,043		834,998		910,775
Military and Aerospace		81,264		67,623		245,189		198,489
Medical		37,010		34,447		110,855		116,688
Other		93,872		138,034		277,957		439,435
Total Revenue	$	735,353	$	853,653	$	2,222,871	$	2,616,809