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Segment Information
 12 Months Ended
Apr. 02, 2017
Segment Reporting [Abstract]  
Segment Information
Segment Information
The Chief Operating Decision Maker is the Company’s President and Chief Executive Officer.
The Company's reportable segments include the following:
•
Communications segment: includes clock and timing solutions, flow-control management devices including Serial RapidIO® switching solutions, multi-port products, telecommunications products, high-speed static random access memory, first in and first out, digital logic, radio frequency, and frequency control solutions.
•
Computing, Consumer and Industrial segment: includes clock generation and distribution products, high-performance server memory interfaces, PCI Express switching solutions, power management solutions, signal integrity products, and sensing products for mobile, automotive and industrial solutions.
The tables below provide information about these segments:
 Revenues by segment
Fiscal Year Ended
(in thousands)
April 2,
2017
 
April 3,
2016
 
March 29,
2015
Communications
$
265,421

 
$
302,188

 
$
313,630

Computing, Consumer and Industrial
462,822

 
395,188

 
259,275

Total revenues
$
728,243

 
$
697,376

 
$
572,905


The Company utilizes global and regional distributors around the world, that buy product directly from the Company on behalf of their customers. Sales through a distributor, Uniquest, represented approximately 11%, 16% and 16% of the Company's revenues in fiscal 2017, 2016 and 2015, respectively. Sales through a distributor, Avnet and its affiliates, represented approximately 10%, 15% and 14% of the Company’s revenues in fiscal 2017, 2016 and 2015, respectively. Each of these distributors serves customers within both of the Company's reportable segments. SK Hynix and its affiliates, which is a direct OEM customer, accounted for 12% of the Company's revenues in fiscal 2016. No other distributor or single direct or consignment customer represented 10% or more of our total revenues in fiscal 2017, 2016 and 2015.
At April 2, 2017, two distributors represented approximately 11% and 10%, respectively, of the Company's accounts receivable. At April 3, 2016, two distributors represented approximately 12% and 10%, respectively, of the Company's accounts receivable.
 Income (Loss) by segment from continuing operations
Fiscal Year Ended
 
(in thousands)
April 2,
2017
 
April 3,
2016
 
March 29,
2015
Communications
$
105,016

 
$
115,888

 
$
116,018

Computing, Consumer and Industrial
91,911

 
88,101

 
29,301

Unallocated expenses:
 
 
 
 
 
Amortization of intangible assets
(21,360
)
 
(13,662
)
 
(6,573
)
Inventory fair market value adjustment
(4,079
)
 
(5,531
)
 
—

Loss on divestitures
(710
)
 
—

 
—

Asset impairment and other
(1,026
)
 
(147
)
 
(2,968
)
Stock-based compensation
(39,869
)
 
(34,158
)
 
(22,453
)
Severance, retention and facility closure costs
(16,335
)
 
(11,701
)
 
(1,250
)
Acquisition-related income (costs) and other
(2,295
)
 
(2,591
)
 
125

Deferred compensation plan benefit, net
(54
)
 
(26
)
 
(50
)
Interest income (expense) and other, net
(11,914
)
 
(2,309
)
 
3,788

Income from continuing operations, before income taxes
$
99,285

 
$
133,864

 
$
115,938

The Company does not allocate goodwill and intangible assets impairment charge, IPR&D, severance and retention costs, acquisition-related costs, stock-based compensation, interest income and other, and interest expense to its segments.  In addition, the Company does not allocate assets to its segments. The Company excludes these items consistent with the manner in which it internally evaluates its results of operations.
Revenues from unaffiliated customers by geographic area, based on the customers' shipment locations, were as follows:
 
Fiscal Year Ended
(in thousands)
April 2,
2017
 
April 3,
2016
 
March 29,
2015
Hong Kong
$
258,970

 
$
304,392

 
$
262,274

Rest of Asia Pacific
229,059

 
173,408

 
137,066

Korea
77,269

 
75,402

 
42,873

Americas (1)
69,419

 
74,631

 
68,373

Europe
93,526

 
69,543

 
62,319

Total revenues
$
728,243

 
$
697,376

 
$
572,905

(1)
Revenues from the customers in the U.S. were $63.0 million, $65.2 million and $61.7 million in fiscal 2017, 2016 and 2015, respectively.
The Company’s significant operations outside of the United States include a test facility in each of Malaysia and Germany, design centers in the U.S., Canada and China, and sales subsidiaries in APAC and Europe. The Company's net property, plant and equipment are summarized below by geographic area: 
 
(in thousands)
April 2,
2017
 
April 3,
2016
United States
$
37,996

 
$
38,735

Malaysia
24,386

 
20,150

Germany
12,477

 
9,235

Canada
3,512

 
3,781

All other countries
2,590

 
1,976

Total property, plant and equipment, net
$
80,961

 
$
73,877