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Segment Information
12 Months Ended
Mar. 28, 2015
Segment Information [Abstract]  
Segment Information

18.      Segment Information

 

We determine our operating segments in accordance with Financial Accounting Standards Board (“FASB”) guidelines.  Our Chief Executive Officer (“CEO”) has been identified as the chief operating decision maker under these guidelines. 

 

The Company operates and tracks its results in one reportable segment, but reports revenue performance in two product lines, which currently are portable audio and non-portable audio and other.  Our CEO receives and uses enterprise-wide financial information to assess financial performance and allocate resources, rather than detailed information at a product line level.  Additionally, our product lines have similar characteristics and customers.  They share operations support functions such as sales, public relations, supply chain management, various research and development and engineering support, in addition to the general and administrative functions of human resources, legal, finance and information technology.  Therefore, there is no complete, discrete financial information maintained for these product lines.  Revenue from our product lines are as follows (in thousands): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Years Ended

 

March 28,

 

March 29,

 

March 30,

 

2015

 

2014

 

2013

Portable Audio Products

$

740,301 

 

$

562,718 

 

$

651,974 

Non-Portable Audio and Other Products

 

176,267 

 

 

151,620 

 

 

157,812 

 

$

916,568 

 

$

714,338 

 

$

809,786 

 

 

Geographic Area

 

The following illustrates sales by geographic locations based on the sales office location (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Years Ended

 

March 28,

 

March 29,

 

March 30,

 

2015

 

2014

 

2013

United States

$

31,977 

 

$

35,582 

 

$

38,670 

European Union (excluding United Kingdom)

 

13,629 

 

 

13,125 

 

 

17,601 

United Kingdom

 

2,805 

 

 

1,513 

 

 

1,610 

China

 

728,413 

 

 

617,850 

 

 

700,051 

Hong Kong

 

15,087 

 

 

6,057 

 

 

8,590 

Japan

 

14,353 

 

 

5,150 

 

 

9,299 

South Korea

 

69,327 

 

 

9,338 

 

 

8,975 

Taiwan

 

15,272 

 

 

13,739 

 

 

11,694 

Other Asia

 

10,991 

 

 

11,112 

 

 

10,387 

Other non-U.S. countries

 

14,714 

 

 

872 

 

 

2,909 

Total consolidated sales

$

916,568 

 

$

714,338 

 

$

809,786 

 

The following illustrates property, plant and equipment, net, by geographic locations, based on physical location (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Years Ended

 

March 28,

 

March 29,

 

2015

 

2014

United States

$

114,935 

 

$

103,287 

United Kingdom

 

28,925 

 

 

16 

China

 

245 

 

 

265 

Hong Kong

 

 

 

Japan

 

 

 

12 

South Korea

 

 

 

Taiwan

 

216 

 

 

52 

Other Asia

 

18 

 

 

11 

Total consolidated property, plant and equipment, net

$

144,346 

 

$

103,650