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Segment Information (Tables)
6 Months Ended
Jul. 31, 2016
Segment Reporting Information [Line Items]  
Net Sales by Segment
Net sales by segment are as follows:
 
Three Months Ended
 
Six Months Ended
(in thousands)
July 31, 2016
 
July 26, 2015
 
July 31, 2016
 
July 26, 2015
Semiconductor Products Group
$
135,911

 
$
125,648

 
$
267,056

 
$
253,895

All others

 
64

 

 
1,905

Total
$
135,911

 
$
125,712

 
$
267,056

 
$
255,800

Income (loss) by Segment and Reconciliation to Consolidated Operating Income
Income by segment and reconciliation to consolidated operating income:
 
Three Months Ended
 
Six Months Ended
(in thousands)
July 31, 2016
 
July 26, 2015
 
July 31, 2016
 
July 26, 2015
Semiconductor Products Group
$
32,497

 
$
22,709

 
$
59,954

 
$
48,038

All others
(1,915
)
 
(2,307
)
 
(2,476
)
 
(4,558
)
   Operating Income by segment
30,582

 
20,402

 
57,478

 
43,480

Items to reconcile segment operating income to consolidated income before taxes
 
 
 
 
 
 
 
Intangible amortization and impairments
6,328

 
6,177

 
12,731

 
12,340

Stock-based compensation expense
6,097

 
2,335

 
11,804

 
8,281

Changes in the fair value of contingent earn-out obligations
(129
)
 

 
(162
)
 

Restructuring charges

 
3,564

 

 
3,564

Environmental reserve

 
520

 

 
2,855

Other non-segment related expenses
1,551

 
4,426

 
2,793

 
7,585

Amortization of fair value adjustments related to acquired PP&E
308

 
312

 
617

 
903

Interest expense, net
2,037

 
1,900

 
3,967

 
3,734

Non-operating expense (income), net
136

 
(117
)
 
181

 
376

Income before taxes
$
14,254

 
$
1,285

 
$
25,547

 
$
3,842

Net Sales Activity By Product Line
The table below provides net sales activity by product line on a comparative basis for all periods.
 
Three Months Ended
 
Six Months Ended
(in thousands, except percentages)
July 31, 2016
 
July 26, 2015
 
July 31, 2016
 
July 26, 2015
Signal Integrity
$
63,313

 
47
%
 
$
59,024

 
47
%
 
$
133,400

 
50
%
 
$
113,333

 
44
%
Protection
36,476

 
27
%
 
34,986

 
28
%
 
68,046

 
25
%
 
72,113

 
28
%
Wireless and Sensing
20,837

 
15
%
 
15,533

 
12
%
 
36,444

 
14
%
 
38,331

 
15
%
Power and High-Reliability
15,285

 
11
%
 
16,105

 
13
%
 
29,166

 
11
%
 
30,118

 
12
%
Systems Innovation

 
%
 
64

 
%
 

 
%
 
1,905

 
1
%
Total net sales
$
135,911

 
100
%
 
$
125,712

 
100
%
 
$
267,056

 
100
%
 
$
255,800

 
100
%
Net Sales Activity By Geographic Region
Net sales activity by geographic region is as follows:
 
Three Months Ended
 
Six Months Ended
 
July 31, 2016
 
July 26, 2015
 
July 31, 2016
 
July 26, 2015
Asia-Pacific
73
%
 
73
%
 
75
%
 
73
%
North America
19
%
 
16
%
 
16
%
 
17
%
Europe
8
%
 
11
%
 
9
%
 
10
%
 
100
%
 
100
%
 
100
%
 
100
%
Summary Of Sales Activity To Countries That Represented Greater Than 10% Of Total Net Sales
The table below summarizes sales activity to countries that represented greater than 10% of total net sales for one or more of the periods presented:
 
Three Months Ended
 
Six Months Ended
(percentage of total sales)
July 31, 2016
 
July 26, 2015
 
July 31, 2016
 
July 26, 2015
China (including Hong Kong)
44
%
 
45
%
 
46
%
 
44
%
United States
12
%
 
11
%
 
11
%
 
11
%
Income (Loss) From Continuing Operations Before Income Taxes
The Company’s regional (loss) income from continuing operations before income taxes is as follows:
 
 
Three Months Ended
 
Six Months Ended
(in thousands)
July 31, 2016
 
July 26, 2015
 
July 31, 2016
 
July 26, 2015
Domestic
$
(6,440
)
 
$
(3,925
)
 
$
(13,985
)
 
$
(17,361
)
Canada
6,802

 
(1,266
)
 
17,917

 
14,054

United Kingdom
3,193

 
15,690

 
10,582

 
12,344

Switzerland
7,711

 
(7,070
)
 
7,027

 
8,348

Japan
1,534

 
552

 
2,126

 
1,062

Other Foreign
1,454

 
(2,696
)
 
1,880

 
(14,605
)
Total
$
14,254

 
$
1,285

 
$
25,547

 
$
3,842