Note 17 - Segment and Geographic Information

3 Months Ended

Jul. 03, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE 1 7 . SEGMENT AND GEOGRAPHIC INFORMATION

Our foreign operations are conducted primarily through our wholly-owned subsidiaries in Canada, China, France, Germany, Japan, Malaysia, South Korea, Taiwan and the United Kingdom. Our principal markets include Asia Pacific region, North America, and Europe. Net sales by geographic areas represent direct sales principally to original equipment manufacturers (“OEM”), or their designated subcontract manufacturers, and to distributors (affiliated and unaffiliated) who buy our products and resell to their customers.

Our net sales by geographic area for the periods indicated below were as follows (in thousands):

	Three Months Ended
	July 3,		June 28,
	2016		2015
China	$	11,400	$	8,803
United States		4,674		6,598
Taiwan		1,850		1,616
Korea		696		624
Singapore		3,498		4,185
Germany		2,421		3,673
Rest of world		2,597		2,684
Total net sales	$	27,136	$	28,183

Substantially all of our long-lived assets as of July 3, 2016 and March 27, 2016, respectively, were located in the United States.

The following distributors and customers accounted for 10% or more of our net sales in the periods indicated:

	Three Months Ended
	July 3,			June 28,
	2016			2015
Distributor A +		28	%		40	%
Distributor B		16	%		10	%
Distributor D		12	%		*
Distributor C		11	%		*

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*     Net sales for this distributor or customer for this period were less than 10% of our net sales.

+      Related Party

No other distributor or customer accounted for 10% or more of the net sales for the three months ended July 3, 2016 or June 28, 2015, respectively.

The following distributors and customers accounted for 10% or more of our net accounts receivable as of the dates indicated:

	July 3,			March 27,
	2016			2016
Distributor B		22	%		13	%
Distributor D		18	%		14	%
Distributor A+		17	%		17	%
Distributor C		12	%		14	%
Customer A		*			12	%

____________

*      Accounts receivable for this customer for this period were less than 10% of total account balance.

+      Related Party

No other distributor or customer accounted for 10% or more of the net accounts receivable as of July 3, 2016 or March 27, 2016, respectively.