Segment Information

3 Months Ended

Mar. 29, 2025

Segment Information [Abstract]

Segment Information

Note 11 – Segment Information

The following tables set forth business segment information:

	MOSFETs			Diodes		Optoelectronic Components		Resistors		Inductors		Capacitors		Corporate/ Other		Total
Fiscal quarter ended March 29, 2025:
Net revenues	$	142,113		$	140,963	$	51,168	$	179,500	$	84,121	$	117,371	$	-	$	715,236
Cost of products sold (excluding depreciation)	$	117,507		$	101,829	$	36,658	$	128,472	$	62,282	$	85,954	$	-	$	532,702
Depreciation expense in costs of products sold		13,000			11,112		3,810		10,674		4,242		4,142		-		46,980
Total costs of products sold	$	130,507		$	112,941	$	40,468	$	139,146	$	66,524	$	90,096	$	-	$	579,682
Gross profit	$	11,606		$	28,022	$	10,700	$	40,354	$	17,597	$	27,275	$	-	$	135,554
Segment operating expenses	$	20,345		$	6,825	$	5,281	$	9,203	$	3,695	$	6,701	$	-	$	52,050
Segment operating income (loss)	$	(8,739	)	$	21,197	$	5,419	$	31,151	$	13,902	$	20,574	$	-	$	83,504
Total depreciation expense	$	13,572		$	11,483	$	3,917	$	10,864	$	4,283	$	4,184	$	2,215	$	50,518
Capital expenditures		46,303			4,329		712		3,047		584		5,975		619		61,569
Total assets as of March 29, 2025:	$	1,080,665		$	735,150	$	354,747	$	976,991	$	334,823	$	467,561	$	250,305	$	4,200,242
Fiscal quarter ended March 30, 2024:
Net revenues	$	153,173		$	149,130	$	49,199	$	188,196	$	88,651	$	117,930	$	-	$	746,279
Cost of products sold (excluding depreciation)	$	116,748		$	105,645	$	38,403	$	131,633	$	57,848	$	81,997	$	-	$	532,274
Depreciation expense in cost of products sold		10,952			11,115		3,795		10,092		4,016		3,628		-		43,598
Total cost of products sold	$	127,700		$	116,760	$	42,198	$	141,725	$	61,864	$	85,625	$	-	$	575,872
Gross profit	$	25,473		$	32,370	$	7,001	$	46,471	$	26,787	$	32,305	$	-	$	170,407
Segment operating expenses	$	17,426		$	6,359	$	5,508	$	8,298	$	3,606	$	5,776	$	-	$	46,973
Segment operating income	$	8,047		$	26,011	$	1,493	$	38,173	$	23,181	$	26,529	$	-	$	123,434
Total depreciation expense	$	11,329		$	11,486	$	3,888	$	10,270	$	4,044	$	3,682	$	2,224	$	46,923
Capital expenditures		28,562			8,055		1,291		11,302		1,133		2,067		674		53,084
Total assets as of March 30, 2024:	$	1,053,432		$	768,304	$	360,604	$	1,038,302	$	352,751	$	461,157	$	229,514	$	4,264,064

	Fiscal quarters ended
	March 29, 2025				March 30, 2024
Reconciliation:
Segment Operating Income		$	83,504			$	123,434
Unallocated Selling, General, and Administrative Expenses			(82,689	)			(80,763	)
Consolidated Operating Income		$	815			$	42,671
Unallocated Other Income (Expense)			(5,043	)			1,591
Consolidated Income Before Taxes		$	(4,228	)		$	44,262

The Company has a broad line of products that it sells to OEMs, EMS companies, and independent distributors. The distribution of sales by customer type is shown below:

	Fiscal quarters ended
	March 29, 2025		March 30, 2024
Distributors	$	388,493	$	382,480
OEMs		278,346		313,827
EMS companies		48,397		49,972
Total Revenue	$	715,236	$	746,279

Net revenues were attributable to customers in the following regions:

	Fiscal quarters ended
	March 29, 2025		March 30, 2024
Asia	$	284,579	$	284,007
Europe		255,331		271,734
Americas		175,326		190,538
Total Revenue	$	715,236	$	746,279

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

	Fiscal quarters ended
	March 29, 2025		March 30, 2024
Industrial	$	244,926	$	248,128
Automotive		257,112		287,302
Military and Aerospace		76,317		83,356
Medical		36,532		34,389
Other*		100,349		93,104
Total Revenue	$	715,236	$	746,279

*Power supplies, telecommunications, consumer products, and computing.