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Revenue and Segment Information
 9 Months Ended
Oct. 01, 2021
Segment Reporting [Abstract]  
Revenue and Segment Information
Note 2: Revenue and Segment Information

The Company is organized into three operating and reportable segments consisting of PSG, ASG and ISG. These segments represent the Company’s view of the business, and its gross profit is used to evaluate the performance of the Company’s segments, the progress of major initiatives and the allocation of resources. Gross profit is exclusive of the amortization of acquisition-related intangible assets.

Revenue and gross profit for the Company’s operating and reportable segments are as follows (in millions):
PSGASGISGTotal
For the quarter ended October 1, 2021:
Revenue from external customers$892.1 $613.5 $236.5 $1,742.1 
Gross profit$346.0 $280.1 $94.7 $720.8 
For the quarter ended October 2, 2020:
Revenue from external customers$647.4 $494.6 $175.3 $1,317.3 
Gross profit (1)$194.2 $191.2 $55.8 $441.2 
For the nine months ended October 1, 2021:
Revenue from external customers$2,485.7 $1,752.6 $655.4 $4,893.7 
Gross profit$906.8 $739.2 $236.1 $1,882.1 
For the nine months ended October 2, 2020:
Revenue from external customers$1,889.7 $1,388.4 $530.6 $3,808.7 
Gross profit (1)$549.2 $500.4 $168.6 $1,218.2 

(1)Beginning in the first quarter of 2021, the Company started including unallocated manufacturing costs as part of segment operating results to determine segment gross profit. As a result, the prior-period amounts have been reclassified to conform to current-period presentation.

The Company had one customer, a distributor, whose purchases accounted for approximately 14% and 13% of the Company's total revenue for the quarter and nine months ended October 1, 2021.
Revenue for the Company's operating and reportable segments disaggregated into geographic locations based on sales billed from the respective country and sales channels are as follows (in millions):
Quarter Ended October 1, 2021
PSGASGISGTotal
Geographic Location
Singapore$285.4 $219.3 $39.3 $544.0 
Hong Kong281.8 152.2 53.0 487.0 
United Kingdom145.0 86.8 41.4 273.2 
United States115.8 74.3 48.6 238.7 
Other64.1 80.9 54.2 199.2 
Total$892.1 $613.5 $236.5 $1,742.1 
Sales Channel
Distributors$644.2 $355.6 $149.0 $1,148.8 
Direct Customers247.9 257.9 87.5 593.3 
Total$892.1 $613.5 $236.5 $1,742.1 
Nine Months Ended October 1, 2021
PSGASGISGTotal
Geographic Location
Singapore$833.0 $647.8 $105.2 $1,586.0 
Hong Kong738.9 397.0 142.6 1,278.5 
United Kingdom435.1 254.3 129.2 818.6 
United States299.2 220.9 128.5 648.6 
Other179.5 232.6 149.9 562.0 
Total$2,485.7 $1,752.6 $655.4 $4,893.7 
Sales Channel
Distributors$1,779.2 $988.8 $410.7 $3,178.7 
Direct Customers706.5 763.8 244.7 1,715.0 
Total$2,485.7 $1,752.6 $655.4 $4,893.7 
Quarter Ended October 2, 2020
PSGASGISGTotal
Geographic Location
Singapore$236.5 $177.1 $28.3 $441.9 
Hong Kong187.8 103.4 43.3 334.5 
United Kingdom98.6 71.0 37.2 206.8 
United States73.0 68.4 46.2 187.6 
Other51.5 74.7 20.3 146.5 
Total$647.4 $494.6 $175.3 $1,317.3 
Sales Channel
Distributors$436.3 $255.8 $87.3 $779.4 
Direct Customers211.1 238.8 88.0 537.9 
Total$647.4 $494.6 $175.3 $1,317.3 
Nine Months Ended October 2, 2020
PSGASGISGTotal
Geographic Location
Singapore$674.2 $507.1 $108.3 $1,289.6 
Hong Kong570.2 291.0 112.8 974.0 
United Kingdom279.5 190.2 105.0 574.7 
United States201.9 209.2 112.8 523.9 
Other163.9 190.9 91.7 446.5 
Total$1,889.7 $1,388.4 $530.6 $3,808.7 
Sales Channel
Distributors$1,259.5 $700.7 $294.5 $2,254.7 
Direct Customers630.2 687.7 236.1 1,554.0 
Total$1,889.7 $1,388.4 $530.6 $3,808.7 

The Company operates in various geographic locations. Sales to customers have little correlation with the location of manufacturers. Accordingly, the Company does not present operating profit by geographical location.

The Company does not discretely allocate assets to its operating segments, nor does management evaluate operating segments using discrete asset information. The Company’s consolidated assets are not specifically ascribed to its individual reportable segments. Rather, assets used in operations are generally shared across the Company’s operating and reportable segments.
Property, plant and equipment, net, by geographic location, is summarized as follows (in millions):
As of
October 1, 2021December 31, 2020
United States$709.3 $686.6 
South Korea444.0 455.5 
Philippines352.9 386.6 
China213.6 229.6 
Japan205.0 209.3 
Czech Republic204.5 216.1 
Malaysia181.0 190.2 
Other117.5 138.4 
Total$2,427.8 $2,512.3