Segment Information

12 Months Ended

Sep. 28, 2012

Segment Reporting [Abstract]

SEGMENT INFORMATION AND CONCENTRATIONS

SEGMENT INFORMATION AND CONCENTRATIONS

In accordance with ASC 280-Segment Reporting ("ASC 280"), the Company has one reportable operating segment which designs, develops, manufactures and markets proprietary semiconductor products, including intellectual property. ASC 280 establishes standards for the way public business enterprises report information about operating segments in annual financial statements and in interim reports to shareholders. The method for determining what information to report is based on management's use of financial information for the purposes of assessing performance and making operating decisions. In evaluating financial performance and making operating decisions, management primarily uses consolidated net revenue, gross profit, operating profit and earnings per share. The Company's business units share similar economic characteristics, long term business models, research and development expenses and selling, general and administrative expenses. In light of the recent acquisition of AATI, the Company reassessed its operations and concluded that there have been no changes and the Company continues to consider itself to have one reportable operating segment at September 28, 2012. The Company will re-assess its conclusions at least annually.

GEOGRAPHIC INFORMATION

Net revenues by geographic area are presented based upon the country of destination and are as follows (in thousands):

	Fiscal Years Ended
	September 28, 2012		September 30, 2011		October 1, 2010
United States	$	70,259	$	76,764	$	115,610
Other Americas	18,373		38,863		36,724
Total Americas	88,632		115,627		152,334
China	820,134		914,678		628,858
South Korea	103,213		148,370		144,758
Taiwan	311,728		93,753		51,353
Other Asia-Pacific	207,337		91,521		30,922
Total Asia-Pacific	1,442,412		1,248,322		855,891
Europe, Middle East and Africa	37,537		54,973		63,624
	$	1,568,581	$	1,418,922	$	1,071,849

The Company’s revenues by geography do not necessarily correlate to end market demand by region. For example, if the Company sells a power amplifier module to a customer in South Korea, the sale is recorded within the South Korea account although that customer, in turn, may integrate that module into a product sold to an end customer in a different geography.

Net property, plant and equipment balances, based on the physical locations within the indicated geographic areas are as follows (in thousands):

	As of
	September 28, 2012		September 30, 2011
United States	$	124,777	$	114,492
Mexico	145,935		131,862
Rest of world	8,671		5,011
	$	279,383	$	251,365

CONCENTRATIONS

Financial instruments that potentially subject the Company to concentration of credit risk consist principally of trade accounts receivable. Trade accounts receivables are primarily derived from sales to manufacturers of communications and consumer products and electronic component distributors. Ongoing credit evaluations of customers’ financial condition are performed and collateral, such as letters of credit and bank guarantees, are required whenever deemed necessary.

In fiscal year 2012 the Company had two customers, Foxconn Technology Group ("Foxconn") and Samsung Electronics, each of which accounted for greater than 10% of our net revenue. In both fiscal year 2011 and 2010, the Company had three customers, each with greater than ten percent of net revenue: Foxconn, Nokia and Samsung Electronics.

The Company's greater than ten percent customers comprised the following percentages of net revenue:

	Fiscal Years Ended
	September 28, 2012	September 30, 2011	October 1, 2010
Company A	29%	27%	13%
Company B	17%	11%	13%
Company C	*	13%	12%

* Customer did not represent greater than ten percent of net revenue

At September 28, 2012, the Company's three largest accounts receivable balances comprised 60% of aggregate gross accounts receivable. This concentration was 53% and 60% at September 30, 2011 and October 1, 2010, respectively.