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Note 6 - Segment Information
6 Months Ended
Jun. 30, 2013
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

6. Segment Information


As defined by the requirements of ASC 280-10-55, Segment Reporting – Overall – Implementation Guidance and Illustrations, the Company operates in one reportable segment that includes the design, development, marketing and sale of high-performance, mixed-signal analog semiconductors for the communications, computing, consumer and industrial markets. The Company’s chief operating decision maker is its chief executive officer. The Company does not specifically allocate any of its resources to, or measure the performance of, individual product families. The Company derives a substantial majority of its revenue from sales to customers located outside North America, with geographic revenue based on the customers’ ship-to location.


The following is a list of customers whose sales exceeded 10% of the Company’s total revenue:


   

Three months ended June 30,

   

Six months ended June 30,

 

Customers

 

2013

   

2012

   

2013

   

2012

 
                                 

A

    31 %     30 %     32 %     30 %

B

    11 %     *       *       *  

_______________


*Represents less than 10%.


Reflecting consolidations in recent years among distributors, the Company corrected the 2012 amounts reported in the table above from the amounts previously reported to disclose a group of entities under common control as a single customer, rather than as separate customers. Under the corrected disclosure, Customer A is reported as representing 30% of the Company's total revenue for the three months ended June 30, 2012 (rather than as three separate customers representing 16%, 13% and 1% of revenue), and 30% of the Company’s total revenue for the six months ended June 30, 2012 (rather than as three separate customers representing 15%, 14% and 1% of revenue). This correction had no impact on the Company's condensed consolidated balance sheet, condensed consolidated statements of operations, condensed consolidated statements of cash flows or condensed consolidated statements of comprehensive income.


The following is a summary of revenue by geographic regions (in thousands):


   

Three months ended June 30,

   

Six months ended June 30,

 

Country and Region

 

2013

   

2012

   

2013

   

2012

 

China

  $ 34,743     $ 35,091     $ 61,522     $ 64,184  

Taiwan

    8,321       7,820       15,840       14,235  

Europe

    3,327       3,793       7,277       7,983  

Korea

    2,408       2,600       4,826       4,559  

USA

    1,839       1,601       3,740       2,713  

Japan

    1,640       2,355       3,161       4,661  

Rest of Asia

    5,385       5,295       12,714       10,349  

Other

    51       52       104       407  

Total

  $ 57,714     $ 58,607     $ 109,184     $ 109,091  

The following is a summary of revenue by product family (in thousands):


   

Three months ended June 30,

   

Six months ended June 30,

 

Product Family

 

2013

   

2012

   

2013

   

2012

 

DC to DC converters

  $ 50,536     $ 51,165     $ 96,978     $ 95,507  

Lighting control products

    7,178       7,442       12,206       13,584  

Total

  $ 57,714     $ 58,607     $ 109,184     $ 109,091  

The following is a summary of long-lived assets by geographic region (in thousands):


   

June 30,

2013

   

December 31,

2012

 

China

  $ 43,553     $ 37,071  

USA

    24,531       23,163  

Taiwan

    83       90  

Japan

    43       57  

Other

    65       55  

Total

  $ 68,275     $ 60,436