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Segment Information
6 Months Ended
May 03, 2014
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Company operates and tracks its results in one reportable segment based upon the aggregation of five operating segments. The Company designs, develops, manufactures and markets a broad range of integrated circuits. The Chief Executive Officer has been identified as the Chief Operating Decision Maker. The Company has determined that all of the Company's operating segments share the following similar economic characteristics, and therefore meet the criteria established for operating segments to be aggregated into one reportable segment, namely:
The primary source of revenue for each operating segment is the sale of integrated circuits.
The integrated circuits sold by each of the Company's operating segments are manufactured using similar semiconductor manufacturing processes and raw materials in either the Company’s own production facilities or by third-party wafer fabricators using proprietary processes.
The Company sells its products to tens of thousands of customers worldwide. Many of these customers use products spanning all operating segments in a wide range of applications.
The integrated circuits marketed by each of the Company's operating segments are sold globally through a direct sales force, third-party distributors, independent sales representatives and via our website to the same types of customers.
All of the Company's operating segments share a similar long-term financial model as they have similar economic characteristics. The causes for variation in operating and financial performance are the same among the Company's operating segments and include factors such as (i) life cycle and price and cost fluctuations, (ii) number of competitors, (iii) product differentiation and (iv) size of market opportunity. Additionally, each operating segment is subject to the overall cyclical nature of the semiconductor industry. Lastly, the number and composition of employees and the amounts and types of tools and materials required for production of products are similar for each operating segment.

Revenue Trends by End Market
The following table summarizes revenue by end market. The categorization of revenue by end market is determined using a variety of data points including the technical characteristics of the product, the “sold to” customer information, the “ship to” customer information and the end customer product or application into which the Company’s product will be incorporated. As data systems for capturing and tracking this data evolve and improve, the categorization of products by end market can vary over time. When this occurs, the Company reclassifies revenue by end market for prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within, each end market. The results below in the consumer end market are reflective of the sale of the Company's microphone product line in the fourth quarter of fiscal 2013.
 
Three Months Ended
 
May 3, 2014
 
May 4, 2013
 
Revenue
 
% of
Revenue
 
Y/Y%
 
Revenue
 
% of
Revenue
Industrial
$
326,530

 
47
%
 
5
 %
 
$
311,128

 
47
%
Automotive
135,488

 
20
%
 
10
 %
 
122,715

 
19
%
Consumer
77,705

 
11
%
 
(23
)%
 
101,233

 
15
%
Communications
154,813

 
22
%
 
25
 %
 
124,174

 
19
%
Total revenue
$
694,536

 
100
%
 
5
 %
 
$
659,250

 
100
%


 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
 
May 3, 2014
 
May 4, 2013
 
Revenue
 
% of
Revenue
 
Y/Y%
 
Revenue
 
% of
Revenue
Industrial
$
616,520

 
47
%
 
4
 %
 
$
592,455

 
46
%
Automotive
259,773

 
20
%
 
13
 %
 
230,532

 
18
%
Consumer
152,040

 
11
%
 
(27
)%
 
208,428

 
16
%
Communications
294,441

 
22
%
 
18
 %
 
249,969

 
20
%
Total revenue
$
1,322,774

 
100
%
 
3
 %
 
$
1,281,384

 
100
%
Revenue Trends by Product Type
The following table summarizes revenue by product categories. The categorization of the Company’s products into broad categories is based on the characteristics of the individual products, the specification of the products and in some cases the specific uses that certain products have within applications. The categorization of products into categories is therefore subject to judgment in some cases and can vary over time. In instances where products move between product categories, the Company reclassifies the amounts in the product categories for all prior periods. Such reclassifications typically do not materially change the sizing of, or the underlying trends of results within, each product category. The results below in the other analog product category market are reflective of the sale of the Company's microphone product line in the fourth quarter of fiscal 2013.
 
Three Months Ended
 
May 3, 2014
 
May 4, 2013
 
Revenue
 
% of
Revenue*
 
Y/Y%
 
Revenue
 
% of
Revenue*
Converters
$
317,915

 
46
%
 
8
 %
 
$
295,459

 
45
%
Amplifiers / Radio frequency
186,287

 
27
%
 
9
 %
 
170,793

 
26
%
Other analog
88,103

 
13
%
 
(5
)%
 
92,441

 
14
%
Subtotal analog signal processing
592,305

 
85
%
 
6
 %
 
558,693

 
85
%
Power management & reference
43,138

 
6
%
 
(1
)%
 
43,701

 
7
%
Total analog products
$
635,443

 
91
%
 
5
 %
 
$
602,394

 
91
%
Digital signal processing
59,093

 
9
%
 
4
 %
 
56,856

 
9
%
Total revenue
$
694,536

 
100
%
 
5
 %
 
$
659,250

 
100
%
* The sum of the individual percentages does not equal the total due to rounding.
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
 
May 3, 2014
 
May 4, 2013
 
Revenue
 
% of
Revenue*
 
Y/Y%
 
Revenue
 
% of
Revenue*
Converters
$
608,466

 
46
%
 
6
 %
 
$
573,399

 
45
%
Amplifiers / Radio frequency
351,001

 
27
%
 
7
 %
 
328,771

 
26
%
Other analog
167,522

 
13
%
 
(11
)%
 
187,599

 
15
%
Subtotal analog signal processing
1,126,989

 
85
%
 
3
 %
 
1,089,769

 
85
%
Power management & reference
81,848

 
6
%
 
(1
)%
 
83,083

 
6
%
Total analog products
$
1,208,837

 
91
%
 
3
 %
 
$
1,172,852

 
92
%
Digital signal processing
113,937

 
9
%
 
5
 %
 
108,532

 
8
%
Total revenue
$
1,322,774

 
100
%
 
3
 %
 
$
1,281,384

 
100
%

* The sum of the individual percentages does not equal the total due to rounding.

Revenue Trends by Geographic Region
Revenue by geographic region, based on the primary location of the Company's customers’ design activity for its products, for the three- and six-month periods ended May 3, 2014 and May 4, 2013 were as follows:
 
Three Months Ended
 
Six Months Ended
Region
May 3, 2014
 
May 4, 2013
 
May 3, 2014
 
May 4, 2013
United States
$
193,608

 
$
206,181

 
$
375,906

 
$
410,452

Rest of North and South America
25,431

 
28,194

 
44,867

 
51,706

Europe
232,299

 
216,071

 
432,986

 
405,369

Japan
74,591

 
71,874

 
145,682

 
136,562

China
109,583

 
83,970

 
210,067

 
168,739

Rest of Asia
59,024

 
52,960

 
113,266

 
108,556

Total revenue
$
694,536

 
$
659,250

 
$
1,322,774

 
$
1,281,384


In the three- and six-month periods ended May 3, 2014 and May 4, 2013, the predominant country comprising “Rest of North and South America” is Canada; the predominant countries comprising “Europe” are Germany, Sweden, France and the United Kingdom; and the predominant countries comprising “Rest of Asia” are South Korea and Taiwan.