Segment Reporting (Tables)

6 Months Ended

Jun. 27, 2020

Segment Reporting [Abstract]

Summary of Financial Information for Reportable Segments

Summarized financial information for the Company’s reportable segments is shown in the following tables.

	Three months ended				Six months ended
(In thousands)	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Net sales
SCEM	$	146,213	$	127,552	$	290,427	$	252,022
MC	183,758		150,185		343,019		307,891
AMH	126,434		107,515		242,571		223,579
Inter-segment elimination	(8,000)		(6,378)		(15,285)		(13,571)
Total net sales	$	448,405	$	378,874	$	860,732	$	769,921

	Three months ended				Six months ended
(In thousands)	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Segment profit
SCEM	$	32,938	$	24,000	$	65,608	$	48,431
MC	62,137		43,126		112,304		90,449
AMH	22,809		15,043		43,441		37,410
Total segment profit	$	117,884	$	82,169	$	221,353	$	176,290

Reconciliation of Total Segment Profit to Operating Income

The following table reconciles total segment profit to income before income taxes:

	Three months ended				Six months ended
(In thousands)	June 27, 2020		June 29, 2019		June 27, 2020		June 29, 2019
Total segment profit	$	117,884	$	82,169	$	221,353	$	176,290
Less:
Amortization of intangible assets	13,216		16,591		29,427		35,248
Unallocated general and administrative expenses	9,956		10,669		16,470		38,642
Operating income	94,712		54,909		175,456		102,400
Interest expense	13,005		11,315		23,564		22,199
Interest income	(213)		(1,623)		(534)		(2,848)
Other (income) expense, net	(477)		(122,015)		401		(122,263)
Income before income tax expense	$	82,397	$	167,232	$	152,025	$	205,312

Schedule of Revenue from External Customers, by Geographical Areas

In the following tables, revenue is disaggregated by customers’ country or region for the three and six months ended June 27, 2020 and June 29, 2019, respectively.

	Three months ended June 27, 2020
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	45,123	$	33,454	$	39,996	$	(8,000)	110,573
Taiwan	26,246		42,358		22,334		—		$	90,938
South Korea	21,118		22,959		21,036		—		65,113
Japan	18,209		30,015		11,955		—		60,179
China	18,315		28,362		13,038		—		59,715
Europe	8,746		17,801		11,765		—		38,312
Southeast Asia	8,456		8,809		6,310		—		23,575
	$	146,213	$	183,758	$	126,434	$	(8,000)	$	448,405

	Three months ended June 29, 2019
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	33,676	$	25,092	$	35,193	$	(6,378)	$	87,583
Taiwan	21,584		31,205		12,740		—		65,529
South Korea	17,696		28,531		16,766		—		62,993
Japan	15,089		24,721		11,954		—		51,764
China	20,413		22,538		10,653		—		53,604
Europe	7,652		11,402		14,408		—		33,462
Southeast Asia	11,442		6,696		5,801		—		23,939
	$	127,552	$	150,185	$	107,515	$	(6,378)	$	378,874

	Six months ended June 27, 2020
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	91,673	$	62,134	$	73,399	$	(15,285)	$	211,921
Taiwan	51,428		84,841		47,135		—		183,404
South Korea	41,247		43,081		36,197		—		120,525
Japan	35,332		58,126		22,375		—		115,833
China	33,825		46,559		24,677		—		105,061
Europe	17,354		31,289		24,313		—		72,956
Southeast Asia	19,568		16,989		14,475		—		51,032
	$	290,427	$	343,019	$	242,571	$	(15,285)	$	860,732

	Six months ended June 29, 2019
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	66,414	$	52,674	$	73,739	$	(13,571)	$	179,256
Taiwan	46,757		69,695		30,863		—		147,315
South Korea	37,022		54,346		32,744		—		124,112
Japan	26,767		49,816		23,344		—		99,927
China	34,570		44,703		20,499		—		99,772
Europe	16,429		22,177		30,007		—		68,613
Southeast Asia	24,063		14,480		12,383		—		50,926
	$	252,022	$	307,891	$	223,579	$	(13,571)	$	769,921