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Note 7 - Segment and Geographic Information
9 Months Ended
Sep. 30, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
7.
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, computing and storage, industrial, automotive 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 those customers with sales equal to or greater than 
10%
 of the Company's total revenue, or with accounts receivable balances greater than 
10%
 of the Company’s total accounts receivable:
 
   
Revenue
   
Accounts Receivable
 
   
Three Months Ended September 30,
   
Nine Months Ended September 30,
   
September 30,
   
December 31,
 
Customer
 
2018
   
2017
   
2018
   
2017
   
2018
   
2017
 
A (distributor)
   
23
%    
17
%    
21
%    
17
%    
21
%    
16
%
B (distributor)
   
10
%    
15
%    
10
%    
*
     
16
%    
*
 
C (value-added reseller)
   
*
     
*
     
*
     
*
     
*
     
15
%
__________________
* Represents less than
10%.
 
The Company’s agreements with these 
third
-party distributors and value-added reseller were made in the ordinary course of business and 
may 
be terminated with or without cause by these customers 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 any of these customers 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 short period following the termination of the agreement with the customer. 
 
The following is a summary of revenue by geographic regions (in thousands):
  
   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
Country or Region
 
2018
   
2017
   
2018
   
2017
 
China
  $
91,509
    $
66,645
    $
245,580
    $
185,054
 
Taiwan
   
20,774
     
27,387
     
55,315
     
59,548
 
Europe
   
12,579
     
10,726
     
36,696
     
28,227
 
Korea
   
11,406
     
9,279
     
30,046
     
25,594
 
Southeast Asia
   
11,259
     
7,179
     
28,261
     
20,476
 
Japan
   
6,895
     
4,813
     
18,994
     
14,584
 
United States
   
5,375
     
2,781
     
13,404
     
7,711
 
Other
   
178
     
129
     
589
     
305
 
Total
  $
159,975
    $
128,939
    $
428,885
    $
341,499
 
 
The following is a summary of revenue by product family (in thousands):
  
   
Three Months Ended September 30,
   
Nine Months Ended September 30,
 
Product Family
 
2018
   
2017
   
2018
   
2017
 
DC to DC
  $
147,727
    $
119,089
    $
394,492
    $
312,700
 
Lighting Control
   
12,248
     
9,850
     
34,393
     
28,799
 
Total
  $
159,975
    $
128,939
    $
428,885
    $
341,499
 
 
The following is a summary of long-lived assets by geographic regions (in thousands):
 
   
September 30,
   
December 31,
 
Country
 
2018
   
2017
 
China
  $
92,066
    $
89,472
 
United States
   
68,014
     
65,618
 
Taiwan
   
17,033
     
17,238
 
Bermuda
   
6,879
     
7,522
 
Other
   
810
     
388
 
Total
  $
184,802
    $
180,238