Segment Information

The Company operates and tracks its results in one reportable segment based on the aggregation of seven operating segments. As of the filing date of this Quarterly Report on Form 10-Q, the assignment of goodwill resulting from the Acquisition to the Company's reporting units has not been completed. 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 proportionately similar for each operating segment.

Revenue Trends by End Market

The following tables summarize revenue by end market for the three- and nine-month periods ended July 29, 2017 and July 30, 2016. 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
	July 29, 2017						July 30, 2016
	Revenue		% of Revenue*		Y/Y%		Revenue		% of Revenue
Industrial	$	700,213	49	%	87	%	$	373,923	43	%
Automotive	227,462		16	%	69	%	134,804		16	%
Consumer	252,498		18	%	36	%	186,171		21	%
Communications	253,729		18	%	45	%	174,693		20	%
Total revenue	$	1,433,902	100	%	65	%	$	869,591	100	%

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



	Nine Months Ended
	July 29, 2017						July 30, 2016
	Revenue		% of Revenue		Y/Y%		Revenue		% of Revenue
Industrial	$	1,645,801	46	%	49	%	$	1,108,034	46	%
Automotive	548,068		15	%	37	%	399,868		17	%
Consumer	733,799		21	%	87	%	393,024		16	%
Communications	638,665		18	%	24	%	516,860		21	%
Total revenue	$	3,566,333	100	%	48	%	$	2,417,786	100	%

____________

Revenue Trends by Geographic Region

Revenue by geographic region, based on the primary end customer location, for the three- and nine-month periods ended July 29, 2017 and July 30, 2016 were as follows:



	Three Months Ended				Nine Months Ended
Region	July 29, 2017		July 30, 2016		July 29, 2017		July 30, 2016
United States	$	530,335	$	334,455	$	1,383,661	$	846,407
Rest of North and South America	25,961		22,677		76,548		64,812
Europe	346,436		232,324		865,949		694,200
Japan	153,188		73,753		338,368		213,938
China	239,701		146,069		590,893		425,732
Rest of Asia	138,281		60,313		310,914		172,697
Total revenue	$	1,433,902	$	869,591	$	3,566,333	$	2,417,786

In the three- and nine-month periods ended July 29, 2017 and July 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.