Business segments and geographic information

12 Months Ended

Jun. 29, 2012

Business segments and geographic information

20. Business segments and geographic information

The Group evaluates its reportable segments in accordance with FASB ASC Topic 280, Segment Reporting. Operating segments are defined as components of an enterprise for which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. The Group’s chief operating decision maker is Fabrinet’s board of directors. As of June 29, 2012, the Group operated and internally managed a single operating segment. Accordingly, the Group does not accumulate discrete information with respect to separate product lines and does not have separate reportable segments.

The Group operates primarily in three geographic regions: North America, Asia-Pacific and Europe. The following table presents total revenues by geographic regions:

	Year Ended
	June 29, 2012		June 24, 2011		June 25, 2010
North America	$	272,659	$	324,108	$	252,662
Asia-Pacific		189,455		277,014		197,097
Europe		102,618		142,448		55,953
	$	564,732	$	743,570	$	505,712

Significant customers

Total revenues are attributed to a particular geographic area based on the bill-to location of the customer. As of June 29, 2012, the Group had approximately $210 of long-lived assets based in North America, with the substantial remainder of assets based in Asia-Pacific.

Total revenues, by percentage, from individual customers representing 10% or more of total revenues in the respective periods were as follows:

	Year Ended
	June 29, 2012			June 24, 2011			June 25, 2010
JDS Uniphase Corporation		25	%		21	%		16	%
Oclaro, Inc.		12			17			17
Finisar Corporation		10			10			12
Opnext, Inc.		*			10			14
Emcore Corporation		*			*			10

* Less than 10% of total revenues in the period.

The loss of any single significant customer could have a material adverse effect on the Group’s results of operations.