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Segment Information
3 Months Ended
Jan. 28, 2017
Segment Reporting [Abstract]  
Segment Information
Segment 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 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
 
January 28, 2017
 
January 30, 2016
 
Revenue
 
% of
Revenue
 
Y/Y%
 
Revenue
 
% of
Revenue*
Industrial
$
401,481

 
41
%
 
15
%
 
$
348,402

 
45
%
Automotive
138,585

 
14
%
 
10
%
 
126,355

 
16
%
Consumer
270,408

 
27
%
 
113
%
 
126,838

 
16
%
Communications
173,975

 
18
%
 
4
%
 
167,834

 
22
%
Total revenue
$
984,449

 
100
%
 
28
%
 
$
769,429

 
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-month periods ended January 28, 2017 and January 30, 2016 were as follows:
 
Three Months Ended
Region
January 28, 2017
 
January 30, 2016
United States
$
430,998

 
$
266,669

Rest of North and South America
22,957

 
20,712

Europe
226,335

 
216,716

Japan
88,891

 
70,222

China
152,983

 
138,723

Rest of Asia
62,285

 
56,387

Total revenue
$
984,449

 
$
769,429

In the three-month periods ended January 28, 2017 and January 30, 2016, 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.