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Operating Segment, Geographic Information and Significant Customers
 6 Months Ended
Dec. 30, 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
SECOND QUARTER ENDED DECEMBER 30, 2022
Net revenues to unaffiliated customers$219,155 $10,431 $2 $— $229,588 
Inter-geographic revenues(68)168 — (100)— 
Net revenues$219,087 $10,599 $2 $(100)$229,588 
SECOND QUARTER ENDED DECEMBER 31, 2021
Net revenues to unaffiliated customers$209,495 $10,808 $77 $— $220,380 
Inter-geographic revenues1,588 599 — (2,187)— 
Net revenues$211,083 $11,407 $77 $(2,187)$220,380 
SIX MONTHS ENDED DECEMBER 30, 2022
Net revenues to unaffiliated customers$437,977 $19,183 $7 $— $457,167 
Inter-geographic revenues79 372 — (451)— 
Net revenues$438,056 $19,555 $7 $(451)$457,167 
SIX MONTHS ENDED DECEMBER 31, 2021
Net revenues to unaffiliated customers$423,236 $21,995 $162 $— $445,393 
Inter-geographic revenues3,147 1,328 — (4,475)— 
Net revenues$426,383 $23,323 $162 $(4,475)$445,393 
The Company offers a broad family of products and processing solutions 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 processing solutions 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 augmented 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:
 Second Quarters EndedSix Months Ended
 December 30, 2022December 31, 2021December 30, 2022December 31, 2021
Domestic(1)
$204,959 $186,592 $410,789 $375,840 
International/Foreign Military Sales(2)
24,629 33,788 46,378 69,553 
Total Net Revenue$229,588 $220,380 $457,167 $445,393 
(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 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:
Second Quarters EndedSix Months Ended
 December 30, 2022December 31, 2021December 30, 2022December 31, 2021
Radar(1)
$43,707 $51,172 $97,115 $110,076 
Electronic Warfare(2)
33,718 32,369 68,807 66,310 
Other Sensor & Effector(3)
29,333 22,164 50,536 53,606 
Total Sensor & Effector106,758 105,705 216,458 229,992 
C4I(4)
103,735 90,931 198,866 174,332 
Other(5)
19,095 23,744 41,843 41,069 
Total Net Revenue$229,588 $220,380 $457,167 $445,393 
(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 and Effector products include all Sensor and 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:
Second Quarters EndedSix Months Ended
 December 30, 2022December 31, 2021December 30, 2022December 31, 2021
Components(1)
$45,158 $31,472 $77,076 $66,537 
Modules and Sub-assemblies(2)
62,312 46,723 118,114 81,622 
Integrated Subsystems(3)
122,118 142,185 261,977 297,234 
Total Net Revenue$229,588 $220,380 $457,167 $445,393 
(1) Components represent the basic building blocks of an electronic system. They generally perform a single function such as switching, storing or converting electronic signals. Some examples include 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 combine multiple components to serve a range of complex functions, including processing, networking and graphics display. Typically delivered as computer boards or other packaging, modules and sub-assemblies are usually designed using open standards to provide interoperability when integrated in a subsystem. Examples of modules and sub-assemblies include embedded processing boards, switched fabrics and boards for high-speed input/output, digital receivers, graphics and video, along with multi-chip modules, integrated radio frequency and microwave multi-function assemblies and radio frequency tuners and transceivers.
(3) Integrated subsystems bring components, modules and/or sub-assemblies into one system, enabled with software. Subsystems are typically, but not always, integrated within an open standards-based chassis and often feature interconnect technologies to enable communication between disparate systems. Spares and replacement modules and sub-assemblies are provided for use with subsystems sold by the Company. The Company’s subsystems are deployed in sensor processing, aviation and mission computing and C4I applications.
The following table presents the Company's net revenue by platform for the periods presented:
Second Quarters EndedSix Months Ended
December 30, 2022December 31, 2021December 30, 2022December 31, 2021
Airborne(1)
$119,944 $110,990 $238,294 $227,554 
Land(2)
26,735 25,976 60,667 61,833 
Naval(3)
31,204 34,236 64,939 74,213 
Other(4)
51,705 49,178 93,267 81,793 
Total Net Revenues$229,588 $220,380 $457,167 $445,393 
(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
December 30, 2022$118,299 $3,690 $— $— $121,989 
July 1, 2022$122,712 $4,476 $3 $— $127,191 
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:
 Second Quarters EndedSix Months Ended
 December 30, 2022December 31, 2021December 30, 2022December 31, 2021
Lockheed Martin Corporation12 %*14 %10 %
Raytheon Technologies12 %15 %12 %15 %
U.S. Navy11 %14 %11 %15 %
Northrop Grumman11 %10 %10 %*
46 %39 %47 %40 %
*    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 second quarters and six months ended December 30, 2022 and December 31, 2021.