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Segment Reporting (Tables)
9 Months Ended
Oct. 01, 2022
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 endedNine months ended
(In thousands)October 1, 2022October 2, 2021October 1, 2022October 2, 2021
Net sales
SCEM$224,192 $154,605 $569,380 $460,707 
MC280,550 225,877 821,320 660,497 
AMH210,405 186,200 632,602 507,243 
APS293,85421,775 352,816 62,580 
Inter-segment elimination(15,173)(8,964)(40,155)(27,338)
Total net sales$993,828 $579,493 $2,335,963 $1,663,689 
 Three months endedNine months ended
(In thousands)October 1, 2022October 2, 2021October 1, 2022October 2, 2021
Segment profit
SCEM$34,228 $33,552 $107,459 $98,760 
MC105,335 78,399 304,062 227,097 
AMH42,077 40,503 135,693 114,691 
APS18,903 7,539 40,241 21,832 
Total segment profit$200,543 $159,993 $587,455 $462,380 
Reconciliation of Total Segment Profit to Operating Income The following table reconciles total segment profit to (loss) income before income tax (benefit) expense:
 Three months endedNine months ended
(In thousands)October 1, 2022October 2, 2021October 1, 2022October 2, 2021
Total segment profit$200,543 $159,993 $587,455 $462,380 
Less:
Amortization of intangible assets65,346 11,843 90,491 35,616 
Unallocated general and administrative expenses120,308 8,793 160,759 34,540 
Operating income14,889 139,357 336,205 392,224 
Interest expense84,150 9,395 129,027 31,744 
Interest income(1,395)(56)(2,065)(181)
Other expense, net12,852 1,917 27,373 29,807 
(Loss) income before income tax (benefit) expense $(80,718)$128,101 $181,870 $330,854 
Schedule of Revenue from External Customers, by Geographical Areas
In the following tables, revenue is disaggregated by customers’ country or region based on the ship to location of the customer for the three and nine months ended October 1, 2022 and October 2, 2021, respectively.
Three months ended October 1, 2022
(In thousands)SCEM MCAMHAPSInter-segment Total
North America$86,259 $42,716 $67,794 $69,618 $(15,173)$251,214 
Taiwan29,462 70,536 38,712 43,604 — 182,314 
China26,805 58,398 28,717 53,040 — 166,960 
South Korea19,931 30,583 29,339 40,001 — 119,854 
Japan22,563 42,505 16,336 9,604 — 91,008 
Europe21,892 20,977 18,401 41,483 — 102,753 
Southeast Asia17,280 14,835 11,106 36,504 — 79,725 
$224,192 $280,550 $210,405 $293,854 $(15,173)$993,828 
Three months ended October 2, 2021
(In thousands)SCEM MCAMHAPSInter-segmentTotal
North America$47,636 $35,828 $60,350 $4,915 $(8,964)$139,765 
Taiwan24,479 57,806 26,615 4,892 — 113,792 
China21,678 35,003 23,975 3,639 — 84,295 
South Korea18,319 24,763 28,487 5,336 — 76,905 
Japan20,735 42,440 13,701 904 — 77,780 
Europe11,952 17,583 26,041 1,299 — 56,875 
Southeast Asia9,806 12,454 7,031 790 — 30,081 
$154,605 $225,877 $186,200 $21,775 $(8,964)$579,493 
Nine months ended October 1, 2022
(In thousands)SCEM MCAMHAPSInter-segment Total
North America$191,394 $113,984 $205,414 $82,554 $(40,155)$553,191 
Taiwan85,040 232,711 111,722 54,338 — 483,811 
China77,799 142,639 87,347 61,385 — 369,170 
South Korea56,793 93,718 89,367 52,382 — 292,260 
Japan65,659 137,103 44,701 11,202 — 258,665 
Europe46,499 60,670 65,976 45,986 — 219,131 
Southeast Asia46,196 40,495 28,075 44,969 — 159,735 
$569,380 $821,320 $632,602 $352,816 $(40,155)$2,335,963 

Nine months ended October 2, 2021
(In thousands)SCEM MCAMHAPSInter-segmentTotal
North America$142,994 $106,568 $161,792 $13,295 $(27,338)$397,311 
Taiwan69,196 155,830 79,286 16,154 — 320,466 
China63,442 118,595 70,418 7,756 — 260,211 
South Korea58,266 83,725 73,769 15,627 — 231,387 
Japan66,258 114,654 37,875 2,520 — 221,307 
Europe32,025 44,562 63,171 4,276 — 144,034 
Southeast Asia28,526 36,563 20,932 2,952 — 88,973 
$460,707 $660,497 $507,243 $62,580 $(27,338)$1,663,689