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Note 6 - Segment and Geographic Information
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
6.
SEGMENT AND GEOGRAPHIC INFORMATION
 
The Company operates in
one
reportable segment that includes the design, development, marketing and sale of high-performance analog solutions for the consumer, industrial, computing and storage, and communications markets. The Company’s chief operating decision maker is its Chief Executive Officer, who reviews financial information presented on a consolidated basis for purposes of allocating resources and evaluating financial performance. The Company derives a majority of its revenue from sales to customers located outside North America, with geographic revenue based on the customers’ ship-to locations. 
 
The Company sells its products primarily through
third
-party distributors and value-added resellers, and directly to original equipment manufacturers, original design manufacturers and electronic manufacturing service providers. The following table summarizes 
two
customers with sales greater than
10%
of the Company's total revenue: 
 
 
 
Three Months Ended March 31,
 
Customer
 
2017
 
 
2016
 
Distributor A
   
18
%    
20
%
Distributor B
   
10
%    
*
 
 

* Represents less than
10%.
 
The following table summarizes
two
customers with accounts receivable balances greater than
10%
of the Company’s total accounts receivable:
 
 
 
March 31,
 
 
December 31,
 
Customer
 
2017
 
 
2016
 
Distributor A
   
20
%    
19
%
Distributor B
   
13
%    
17
%
 
Both of the customers are
third
-party distributors. The Company’s agreements with these distributors were made in the ordinary course of business and
may
be terminated with or without cause by these distributors with advance notice. Although the Company
may
experience a short-term disruption in the distribution of its products and a short-term decline in revenue if its agreement with either of these distributors was terminated, the Company believes that such termination would not have a material adverse effect on its financial statements because it would be able to engage alternative distributors, resellers and other distribution channels to deliver its products to end customers within a few quarters following the termination of an agreement with the distributor. 
 
The following is a summary of revenue by geographic regions (in thousands):
  
 
 
Three Months Ended March 31,
 
Country or Region
 
2017
 
 
2016
 
China
  $
56,084
    $
52,388
 
Taiwan
   
14,875
     
8,855
 
Korea
   
8,161
     
7,093
 
Europe
   
7,907
     
6,985
 
Southeast Asia
   
6,372
     
4,338
 
Japan
   
4,825
     
2,650
 
United States
   
2,042
     
2,146
 
Other
   
96
     
57
 
Total
  $
100,362
    $
84,512
 
 
The following is a summary of revenue by product family (in thousands):
 
 
 
Three Months Ended March 31,
 
Product Family
 
2017
 
 
2016
 
DC to DC
  $
91,424
    $
77,118
 
Lighting Control
   
8,938
     
7,394
 
Total
  $
100,362
    $
84,512
 
 
The following is a summary of long-lived assets by geographic regions (in thousands):
 
 
 
March 31,
 
 
December 31,
 
Country
 
2017
 
 
2016
 
United States
  $
52,270
    $
50,242
 
China
   
45,339
     
45,728
 
Bermuda
   
9,060
     
9,573
 
Taiwan
   
9,576
     
8,919
 
Other
   
433
     
571
 
Total
  $
116,678
    $
115,033