Segment Information

6 Months Ended

Apr. 30, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

In the first quarter of fiscal 2016, the Company implemented an organizational change designed to accelerate the Company's capability as a solutions provider to the rapidly evolving market for applications referred to as the Internet of Things. As a result of this organizational change, the Company re-evaluated its reporting structure and concluded that the Company continues to operate in one reportable segment based on the aggregation of seven operating segments. The Company designs, develops, manufactures and markets a broad range of integrated circuits (ICs). The Chief Executive Officer has been identified as the Company's 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 ICs.

•The ICs 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 ICs 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 the Company's 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.

	Three Months Ended
	April 30, 2016						May 2, 2015
	Revenue		% of Revenue		Y/Y%		Revenue		% of Revenue
Industrial	$	385,287	49	%	(1	)%	$	390,051	48	%
Automotive	138,031		18	%	(1	)%	139,757		17	%
Consumer	80,038		10	%	(27	)%	110,059		13	%
Communications	175,410		23	%	(3	)%	181,152		22	%
Total revenue	$	778,766	100	%	(5	)%	$	821,019	100	%

	Six Months Ended
	April 30, 2016						May 2, 2015
	Revenue		% of Revenue*		Y/Y%		Revenue		% of Revenue*
Industrial	$	733,634	47	%	(1	)%	$	742,750	47	%
Automotive	264,547		17	%	0	%	263,644		17	%
Consumer	206,466		13	%	0	%	205,813		13	%
Communications	343,548		22	%	(10	)%	380,798		24	%
Total revenue	$	1,548,195	100	%	(3	)%	$	1,593,005	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 April 30, 2016 and May 2, 2015 were as follows:

	Three Months Ended				Six Months Ended
Region	April 30, 2016		May 2, 2015		April 30, 2016		May 2, 2015
United States	$	245,283	$	276,193	$	511,952	$	510,840
Rest of North and South America	21,423		22,200		42,135		45,360
Europe	245,160		251,402		461,876		489,983
Japan	69,963		82,238		140,185		164,906
China	140,940		126,449		279,663		257,168
Rest of Asia	55,997		62,537		112,384		124,748
Total revenue	$	778,766	$	821,019	$	1,548,195	$	1,593,005

In the three- and six-month periods ended April 30, 2016 and May 2, 2015, 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.