XML 37 R23.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Information
12 Months Ended
Mar. 25, 2017
Segment Information [Abstract]  
Segment Information

16.      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 25,

 

March 26,

 

March 28,



2017

 

2016

 

2015

Portable Audio Products

$

1,373,848 

 

$

989,101 

 

$

740,301 

Non-Portable Audio and Other Products

 

165,092 

 

 

180,150 

 

 

176,267 



$

1,538,940 

 

$

1,169,251 

 

$

916,568 



Geographic Area



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





 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Fiscal Years Ended



March 25,

 

March 26,

 

March 28,



2017

 

2016

 

2015

United States

$

36,024 

 

$

73,889 

 

$

31,977 

European Union (excluding United Kingdom)

 

9,809 

 

 

12,745 

 

 

13,629 

United Kingdom

 

5,741 

 

 

5,687 

 

 

2,805 

China

 

1,249,325 

 

 

823,843 

 

 

728,413 

Hong Kong

 

181,283 

 

 

10,647 

 

 

15,087 

Japan

 

11,819 

 

 

27,898 

 

 

14,353 

South Korea

 

2,403 

 

 

193,388 

 

 

69,327 

Taiwan

 

14,426 

 

 

9,249 

 

 

15,272 

Other Asia

 

16,585 

 

 

8,657 

 

 

10,991 

Other non-U.S. countries

 

11,525 

 

 

3,248 

 

 

14,714 

Total consolidated sales

$

1,538,940 

 

$

1,169,251 

 

$

916,568 



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





 

 

 

 

 



 

 

 

 

 



Fiscal Years Ended



March 25,

 

March 26,



2017

 

2016

United States

$

120,212 

 

$

125,674 

European Union (excluding United Kingdom)

 

793 

 

 

253 

United Kingdom

 

44,981 

 

 

34,632 

China

 

565 

 

 

483 

Hong Kong

 

 

 

Japan

 

243 

 

 

260 

South Korea

 

202 

 

 

110 

Taiwan

 

231 

 

 

180 

Other Asia

 

50 

 

 

29 

Other non-U.S. countries

 

857 

 

 

1,034 

Total consolidated property, plant and equipment, net

$

168,139 

 

$

162,656