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Industry, Segment and Geographic Information
12 Months Ended
Oct. 29, 2016
Segment Reporting [Abstract]  
Industry, Segment and Geographic Information
Industry, Segment and Geographic Information
The Company operates and tracks its results 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 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.
 
2016
 
2015
 
2014
 
Revenue
 
% of
Total
Product
Revenue
 
Revenue
 
% of
Total
Product
Revenue
 
Revenue
 
% of
Total
Product
Revenue*
Industrial
$
1,502,019

 
44
%
 
$
1,494,898

 
44
%
 
$
1,344,906

 
47
%
Automotive
540,940

 
16
%
 
525,893

 
15
%
 
525,123

 
18
%
Consumer
688,289

 
20
%
 
729,860

 
21
%
 
327,434

 
11
%
Communications
690,161

 
20
%
 
684,441

 
20
%
 
667,310

 
23
%
Total Revenue
$
3,421,409

 
100
%
 
$
3,435,092

 
100
%
 
$
2,864,773

 
100
%
________________
*
The sum of the individual percentages does not equal the total due to rounding.

Geographic Information
Revenue by geographic region is based upon the primary location of the Company's customers' design activity for its products. In fiscal years 2016, 2015 and 2014, the predominant countries comprising “Rest of North and South America” are Canada and Mexico; 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.
 
2016
 
2015
 
2014
Revenue
 

 
 

 
 

United States
$
1,299,629

 
$
1,325,279

 
$
821,554

Rest of North and South America
95,957

 
97,189

 
96,957

Europe
924,849

 
939,230

 
924,477

Japan
291,649

 
319,569

 
308,054

China
575,690

 
511,365

 
459,260

Rest of Asia
233,635

 
242,460

 
254,471

Subtotal all foreign countries
2,121,780

 
2,109,813

 
2,043,219

Total revenue
$
3,421,409

 
$
3,435,092

 
$
2,864,773

Property, plant and equipment
 

 
 

 
 

United States
$
236,625

 
$
253,417

 
$
255,473

Ireland
174,952

 
173,703

 
167,359

Philippines
194,587

 
195,662

 
180,586

All other countries
29,952

 
21,328

 
19,004

Subtotal all foreign countries
399,491

 
390,693

 
366,949

Total property, plant and equipment
$
636,116

 
$
644,110

 
$
622,422