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Segment Information
6 Months Ended
May 04, 2019
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company designs, develops, manufactures and markets a broad range of integrated circuits (ICs). The Company operates and tracks its results in one reportable segment based on the aggregation of eight operating segments. The Chief Executive Officer has been identified as the Company's Chief Operating Decision Maker.
Revenue Trends by End Market
The following table summarizes revenue by end market for the three- and six-month periods ended May 4, 2019 and May 5, 2018. 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
 
May 4, 2019
 
May 5, 2018
 
Revenue
 
% of
Revenue*
 
Y/Y%
 
Revenue (1)
 
% of
Revenue*
Industrial
$
763,455

 
50
%
 
(6
)%
 
$
810,732

 
52
%
Automotive
249,765

 
16
%
 
 %
 
250,919

 
16
%
Consumer
153,745

 
10
%
 
(32
)%
 
227,077

 
15
%
Communications
359,637

 
24
%
 
31
 %
 
274,774

 
18
%
Total revenue
$
1,526,602

 
100
%
 
(2
)%
 
$
1,563,502

 
100
%
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended
 
May 4, 2019
 
May 5, 2018
 
Revenue
 
% of
Revenue*
 
Y/Y%
 
Revenue (1)
 
% of
Revenue*
Industrial
$
1,488,077

 
49
%
 
(6
)%
 
$
1,590,445

 
51
%
Automotive
511,319

 
17
%
 
(1
)%
 
515,791

 
16
%
Consumer
362,966

 
12
%
 
(26
)%
 
491,711

 
16
%
Communications
705,341

 
23
%
 
32
 %
 
532,425

 
17
%
Total revenue
$
3,067,703

 
100
%
 
(2
)%
 
$
3,130,372

 
100
%
 
 
 
 
 
 
 
 
 
 
* The sum of the individual percentages may not equal the total due to rounding.
(1) Balances have been restated to reflect the full retrospective adoption of ASU 2014-09. See Note 1, Basis of Presentation, in these Notes to Condensed Consolidated Financial Statements.


Revenue by Sales Channel
The Company sells its products globally through a direct sales force, third party distributors, independent sales representatives and via its website. Distributors are customers that buy products with the intention of reselling them. Direct customers are non-distributor customers and consist primarily of original equipment manufacturers (OEMs). Other customers include the U.S. government, government prime contractors and some commercial customers. The following tables summarize revenue by channel for the three- and six-month periods ended May 4, 2019 and May 5, 2018:
 
Three Months Ended
 
May 4, 2019
 
May 5, 2018
Channel
Revenue
 
% of Revenue*
 
Revenue (1)
 
% of Revenue*
   Distributors
$
871,510

 
57
%
 
$
869,277

 
56
%
   Direct customers
638,277

 
42
%
 
675,188

 
43
%
   Other
16,815

 
1
%
 
19,037

 
1
%
Total revenue
$
1,526,602

 
100
%
 
$
1,563,502

 
100
%
 
 
 
 
 
 
 
 
 
Six Months Ended
 
May 4, 2019
 
May 5, 2018
Channel
Revenue
 
% of Revenue*
 
Revenue (1)
 
% of Revenue*
   Distributors
$
1,700,753

 
55
%
 
$
1,734,289

 
55
%
   Direct customers
1,333,766

 
43
%
 
1,348,591

 
43
%
   Other
33,184

 
1
%
 
47,492

 
2
%
Total revenue
$
3,067,703

 
100
%
 
$
3,130,372

 
100
%
 
 
 
 
 
 
 
 
* The sum of the individual percentages may not equal the total due to rounding.
(1) Balances have been restated to reflect the full retrospective adoption of ASU 2014-09. See Note 1, Basis of Presentation, in these Notes to Condensed Consolidated Financial Statements.