Business segments and geographic information

9 Months Ended

Mar. 29, 2024

Segment Reporting [Abstract]

Business segments and geographic information

Business segments and geographic information

Operating segments are defined as components of an enterprise that engage in business activities for which discrete financial information is available that is evaluated regularly by the chief operating decision maker (the “CODM”) in deciding how to allocate resources and in assessing performance. The Company’s CODM is Fabrinet’s Chief Executive Officer. As of March 29, 2024, the Company operated and internally managed a single operating segment. Accordingly, the Company does not accumulate discrete information with respect to separate product lines and does not have separate reportable segments.

For the Company’s revenues by geographic region, see “Revenue by Geographic Area, End Market and Product Category” in Note 3.

The following table presents long-lived assets by the country in which they are based:

(in thousands)	March 29, 2024		June 30, 2023
Long-Lived Assets:
Thailand	$	257,510	$	264,382
U.S.	27,812		25,267
China	15,083		17,407
Israel	2,268		2,796
Others	445		498
Total	$	303,118	$	310,350

Significant customers

The Company had three customers that each contributed to 10% or more of the Company's total trade accounts receivable as of March 29, 2024 and June 30, 2023.