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Segment Information
9 Months Ended
Dec. 31, 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 memory (FIFO), digital logic, radio frequency, optical interconnect 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, optical interconnect, video distribution and contribution solutions and sensing products for mobile, automotive and industrial solutions.
The tables below provide information about these segments:
 Revenues by segment
Three Months Ended
 
Nine Months Ended
(in thousands)
December 31,
2017

January 1,
2017
 
December 31,
2017
 
January 1,
2017
Communications
$
63,614

 
$
65,978

 
$
185,432

 
$
210,172

Computing, Consumer and Industrial
153,461

 
110,380

 
432,754

 
342,373

Total revenues
$
217,075

 
$
176,358

 
$
618,186

 
$
552,545


Income by segment
Three Months Ended
 
Nine Months Ended
 
(in thousands)
December 31,
2017
 
January 1,
2017
 
December 31,
2017

January 1,
2017
Communications
$
25,049

 
$
28,054

 
$
70,326

 
$
77,226

Computing, Consumer and Industrial
37,747

 
21,395

 
95,219

 
71,835

Unallocated expenses:
 
 
 
 
 
 
 
Amortization of intangible assets
(9,287
)
 
(5,557
)
 
(29,091
)
 
(16,578
)
Inventory fair market value adjustment
(1,178
)
 
(757
)
 
(7,270
)
 
(3,672
)
Assets impairment and other

 

 
(917
)
 
(870
)
Stock-based compensation expense
(13,578
)
 
(9,906
)
 
(38,348
)
 
(29,602
)
Severance, retention and facility closure costs
(378
)
 
216

 
(5,210
)
 
(16,722
)
Acquisition-related costs and other

 

 
(2,225
)
 
(72
)
Interest expense and other, net
(5,583
)
 
(4,080
)
 
(15,311
)
 
(10,021
)
Income before income taxes
$
32,792

 
$
29,365

 
$
67,173

 
$
71,524


The Company does not allocate goodwill and intangible assets impairment charge, IPR&D, severance, 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:
 
Three Months Ended
 
Nine Months Ended
(in thousands)
December 31,
2017
 
January 1,
2017
 
December 31,
2017
 
January 1,
2017
Hong Kong
$
84,036

 
$
62,565

 
$
218,733

 
$
198,215

Korea
21,867

 
17,061

 
61,304

 
52,576

Rest of Asia Pacific
62,112

 
51,456

 
189,430

 
172,581

Americas (1)
21,818

 
20,752

 
65,121

 
58,392

Europe
27,242

 
24,524

 
83,598

 
70,781

Total revenues
$
217,075

 
$
176,358

 
$
618,186

 
$
552,545


(1)
The revenues from the customers in the U.S. were $15.8 million and $19.4 million in the three months ended December 31, 2017 and January 1, 2017, respectively. The revenue from the customers in the U.S. was $52.8 million and $53.6 million in the nine months ended December 31, 2017 and January 1, 2017, respectively.
The Company utilizes global and regional distributors around the world, that buy products directly from the Company on behalf of their customers. Four distributors, Avnet and its affiliates, Uniquest and its affiliates, WT Microelectronics, and Macnica accounted for 15%, 12%, 11% and 10%, respectively, of the Company's revenues in the three months ended December 31, 2017. Three distributors, Avnet and its affiliates, Uniquest and its affiliates and Macnica accounted for 15%, 10% and 10%, respectively, of the Company's revenues in the nine months ended December 31, 2017. Two distributors, Uniquest and its affiliates and Avnet and its affiliates accounted for 10% and 11%, respectively, of the Company's revenues in the three months ended January 1, 2017. Two distributors, Uniquest and its affiliates and Avnet and its affiliates accounted for 11% and 10%, respectively, of the Company's revenues in the nine months ended January 1, 2017.
As of December 31, 2017, two distributors represented approximately 18% and 11%, respectively, of the Company’s gross accounts receivable. As of April 2, 2017, two distributors represented approximately 11% and 10%, respectively, of the Company’s gross accounts receivable.
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)
December 31,
2017
 
April 2,
2017
United States
$
39,930

 
$
37,996

Malaysia
29,594

 
24,386

Germany
10,154

 
12,477

All other countries
6,958

 
6,102

Total property, plant and equipment, net
$
86,636

 
$
80,961