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Operating Segment, Geographic Information and Significant Customers
 9 Months Ended
Apr. 01, 2022
Segment Reporting [Abstract]  
Operating Segment, Geographic Information and Significant Customers Operating Segment, Geographic Information and Significant CustomersOperating segments are defined as components of an enterprise evaluated regularly by the Company's Chief Operating Decision Maker ("CODM") in deciding how to allocate resources and assess performance. During the first quarter of fiscal 2022, the Company announced its 1MPACT value creation initiative to promote scale as the organization continues to grow. The Company evaluated this internal reorganization under FASB ASC 280, Segment Reporting ("ASC 280") to determine whether this change has impacted the Company's single operating and reportable segment. The Company concluded this change had no effect given the CODM continues to evaluate and manage the Company on the basis of one operating and reportable segment. The Company utilized the management approach for determining its operating segment in accordance with ASC 280.
The geographic distribution of the Company’s revenues as determined by country in which the Company's legal subsidiary is domiciled is summarized as follows:
U.S.EuropeAsia PacificEliminationsTotal
THIRD QUARTER ENDED APRIL 1, 2022
Net revenues to unaffiliated customers$243,100 $9,216 $759 $— $253,075 
Inter-geographic revenues(729)824 — (95)— 
Net revenues$242,371 $10,040 $759 $(95)$253,075 
THIRD QUARTER ENDED APRIL 2, 2021
Net revenues to unaffiliated customers$246,231 $10,482 $144 $— $256,857 
Inter-geographic revenues51 734 — (785)— 
Net revenues$246,282 $11,216 $144 $(785)$256,857 
NINE MONTHS ENDED APRIL 1, 2022
Net revenues to unaffiliated customers$666,336 $31,211 $921 $— $698,468 
Inter-geographic revenues2,418 2,152 — (4,570)— 
Net revenues$668,754 $33,363 $921 $(4,570)$698,468 
NINE MONTHS ENDED APRIL 2, 2021
Net revenues to unaffiliated customers$639,851 $32,957 $346 $— $673,154 
Inter-geographic revenues927 1,642 — (2,569)— 
Net revenues$640,778 $34,599 $346 $(2,569)$673,154 
The Company offers a broad family of products designed to meet the full range of requirements in compute-intensive, signal processing, image processing and command and control applications. To maintain a competitive advantage, the Company seeks to leverage technology investments across multiple product lines and product solutions.
The Company’s products are typically compute-intensive and require extremely high bandwidth and high throughput. These systems often must also meet significant SWaP constraints for use in aircraft, unmanned aerial vehicles, ships and other platforms and be ruggedized for use in harsh environments. The Company's products transform the massive streams of digital data created in these applications into usable information in real time. The systems can scale from a few processors to thousands of processors.
In recent years, the Company completed a series of acquisitions that changed its technological capabilities, applications and end markets. As these acquisitions and changes occurred, the Company's proportion of revenue derived from the sale of components in different technological areas, and modules, sub-assemblies and integrated subsystems which combine technologies into more complex diverse products has shifted. The following tables present revenue consistent with the Company's strategy of expanding its technological capabilities and program content. As additional information related to the Company’s products by end user, application, product grouping and/or platform is attained, the categorization of these products can vary over time. When this occurs, the Company reclassifies revenue by end user, application, product grouping and/or platform for prior periods. Such reclassifications typically do not materially change the underlying trends of results within each revenue category.
The following table presents the Company's net revenue by end user for the periods presented:
 Third Quarters EndedNine Months Ended
 April 1, 2022April 2, 2021April 1, 2022April 2, 2021
Domestic(1)
$227,254 $217,255 $603,094 $577,093 
International/Foreign Military Sales(2)
25,821 39,602 95,374 96,061 
Total Net Revenue$253,075 $256,857 $698,468 $673,154 
(1) Domestic revenues consist of sales where the end user is within the U.S., as well as sales to prime defense contractor customers where the ultimate end user location is not defined. 
(2) International/Foreign Military Sales consist of sales to U.S. prime defense contractor customers where the end user is known to be outside the U.S., foreign military sales through the U.S. government, and direct sales to non-U.S. based customers intended for end use outside of the U.S.
The following table presents the Company's net revenue by end application for the periods presented:
Third Quarters EndedNine Months Ended
 April 1, 2022April 2, 2021April 1, 2022April 2, 2021
Radar(1)
$50,033 $81,481 $160,109 $238,650 
Electronic Warfare(2)
44,010 25,782 110,320 91,342 
Other Sensor & Effector(3)
23,768 25,252 77,374 72,352 
Total Sensor & Effector117,811 132,515 347,803 402,344 
C4I(4)
111,282 107,144 285,614 219,284 
Other(5)
23,982 17,198 65,051 51,526 
Total Net Revenue$253,075 $256,857 $698,468 $673,154 
    (1) Radar includes end-use applications where radio frequency signals are utilized to detect, track, and identify objects.
    (2) Electronic Warfare includes end-use applications comprising the offensive and defensive use of the electromagnetic spectrum.
    (3) Other Sensor & Effector products include all Sensor & Effector end markets other than Radar and Electronic Warfare.
    (4) C4I includes rugged secure rackmount servers that are designed to drive the most powerful military processing applications.
    (5) Other products include all component and other sales where the end use is not specified.
The following table presents the Company's net revenue by product grouping for the periods presented:
Third Quarters EndedNine Months Ended
 April 1, 2022April 2, 2021April 1, 2022April 2, 2021
Components(1)
$42,198 $40,572 $108,977 $131,732 
Modules and Sub-assemblies(2)
52,719 37,547 134,345 99,714 
Integrated Subsystems(3)
158,158 178,738 455,146 441,708 
Total Net Revenue$253,075 $256,857 $698,468 $673,154 
(1) Components include technology elements typically performing a single, discrete technological function, which when physically combined with other components may be used to create a module or sub-assembly. Examples include, but are not limited to, power amplifiers and limiters, switches, oscillators, filters, equalizers, digital and analog converters, chips, MMICs (monolithic microwave integrated circuits), and memory and storage devices.
(2) Modules and Sub-assemblies include combinations of multiple functional technology elements and/or components that work together to perform multiple functions but are typically resident on or within a single board or housing. Modules and sub-assemblies may in turn be combined to form an integrated subsystem. Examples of modules and sub-assemblies include, but are not limited to, embedded processing modules, embedded processing boards, switch fabric boards, high speed input/output boards, digital receiver boards, graphics and video processing and Ethernet and IO (input-output) boards, multi-chip modules, integrated radio frequency and microwave multi-function assemblies, tuners and transceivers.
(3) Integrated Subsystems include multiple modules and/or sub-assemblies combined with a backplane or similar functional element and software to enable a solution. These are typically but not always integrated within a chassis and with cooling, power and other elements to address various requirements and are also often combined with additional technologies for interaction with other parts of a complete system or platform. Integrated subsystems also include spare and replacement modules and sub-assemblies sold as part of the same program for use in or with integrated subsystems sold by the Company.
The following table presents the Company's net revenue by platform for the periods presented:
Third Quarters EndedNine Months Ended
April 1, 2022April 2, 2021April 1, 2022April 2, 2021
Airborne(1)
$126,176 $120,640 $353,730 $299,551 
Land(2)
38,285 54,394 100,118 149,949 
Naval(3)
42,725 47,775 116,938 130,616 
Other(4)
45,889 34,048 127,682 93,038 
Total Net Revenues$253,075 $256,857 $698,468 $673,154 

(1) Airborne platform includes products that relate to personnel, equipment, or pieces of equipment designed for airborne applications.
(2) Land platform includes products that relate to fixed or mobile equipment, or pieces of equipment for personnel, weapon systems, vehicles and support elements operating on land.
(3) Naval platform includes products that relate to personnel, equipment, or pieces of equipment designed for naval operations.
(4) All platforms other than Airborne, Land or Naval.
The geographic distribution of the Company’s identifiable long-lived assets is summarized as follows:
U.S.EuropeAsia PacificEliminationsTotal
April 1, 2022$121,294 $4,412 $3 $— $125,709 
July 2, 2021$123,009 $5,509 $6 $— $128,524 
Identifiable long-lived assets exclude right-of-use assets, goodwill, and intangible assets.
Customers comprising 10% or more of the Company’s revenues for the periods shown are as follows:
Third Quarters EndedNine Months Ended
April 1, 2022April 2, 2021April 1, 2022April 2, 2021
Raytheon Technologies15 %18 %15 %22 %
Lockheed Martin Corporation
*14 %*15 %
U.S. Navy14 %16 %15 %*
29 %48 %30 %37 %
*    Indicates that the amount is less than 10% of the Company's revenue for the respective period.
While the Company typically has customers from which it derives 10% or more of its revenue, the sales to each of these customers are spread across multiple programs and platforms. There were no programs comprising 10% or more of the Company's revenues for the third quarter and nine months ended April 1, 2022 and April 2, 2021.