Segment Reporting (Tables)

3 Months Ended

Apr. 03, 2021

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
(In thousands)	April 3, 2021		March 28, 2020
Net sales
SCEM	$	166,541	$	144,214
MC	207,099		159,261
AMH	148,541		116,137
Inter-segment elimination	(9,337)		(7,285)
Total net sales	$	512,844	$	412,327

	Three months ended
(In thousands)	April 3, 2021		March 28, 2020
Segment profit
SCEM	$	34,556	$	32,670
MC	70,566		50,167
AMH	32,095		20,632
Total segment profit	$	137,217	$	103,469

Reconciliation of Total Segment Profit to Operating Income

The following table reconciles total segment profit to income before income tax expense:

	Three months ended
(In thousands)	April 3, 2021		March 28, 2020
Total segment profit	$	137,217	$	103,469
Less:
Amortization of intangible assets	11,871		16,211
Unallocated general and administrative expenses	11,368		6,514
Operating income	113,978		80,744
Interest expense	11,652		10,559
Interest income	(71)		(321)
Other expense, net	4,330		878
Income before income tax expense	$	98,067	$	69,628

Schedule of Revenue from External Customers, by Geographical Areas

In the following tables, revenue is disaggregated by customers’ country or region for the three months ended April 3, 2021 and March 28, 2020, respectively.

	Three months ended April 3, 2021
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	49,064	$	34,592	$	45,465	$	(9,337)	$	119,784
Taiwan	28,679		44,830		27,806		—		101,315
China	20,662		41,689		20,577		—		82,928
South Korea	25,170		28,011		18,905		—		72,086
Japan	22,480		36,723		12,005		—		71,208
Europe	11,777		11,117		16,494		—		39,388
Southeast Asia	8,709		10,137		7,289		—		26,135
	$	166,541	$	207,099	$	148,541	$	(9,337)	$	512,844

	Three months ended March 28, 2020
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	46,550	$	28,680	$	33,403	$	(7,285)	$	101,348
Taiwan	25,182		42,483		24,801		—		92,466
China	15,510		18,197		11,639		—		45,346
South Korea	20,129		20,122		15,161		—		55,412
Japan	17,123		28,111		10,420		—		55,654
Europe	8,608		13,488		12,548		—		34,644
Southeast Asia	11,112		8,180		8,165		—		27,457
	$	144,214	$	159,261	$	116,137	$	(7,285)	$	412,327