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Segment Information (Tables)
6 Months Ended
Jul. 29, 2018
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 29, 2018
 
July 30, 2017
 
July 29, 2018
 
July 30, 2017
Semiconductor Products Group
$
163,211

 
$
153,127

 
$
293,640

 
$
296,929

Total
$
163,211

 
$
153,127

 
$
293,640

 
$
296,929

Income 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 29, 2018
 
July 30, 2017
 
July 29, 2018
 
July 30, 2017
Semiconductor Products Group
$
47,110

 
$
42,856

 
$
87,922

 
$
82,078

   Operating income by segment
47,110

 
42,856

 
87,922

 
82,078

Items to reconcile segment operating income to consolidated income before taxes
 
 
 
 
 
 
 
Share-based compensation
13,966

 
15,525

 
49,481

 
28,810

Intangible amortization
6,480

 
6,675

 
13,441

 
12,961

Changes in the fair value of contingent earn-out obligations
(900
)
 

 
(900
)
 

Litigation cost net of recoveries
(6,632
)
 

 
(6,632
)
 

Other non-segment related expenses
1,260

 
1,764

 
2,693

 
2,969

Amortization of fair value adjustments related to acquired property, plant and equipment

 

 

 
190

Interest expense, net
2,200

 
2,029

 
4,390

 
4,075

Non-operating expense, net
(542
)
 
204

 
(732
)
 
836

Income before taxes
$
31,278

 
$
16,659

 
$
26,181

 
$
32,237

Net Sales Activity By Product Line
The table below provides net sales activity by product line on a comparative basis:
 
Three Months Ended
 
Six Months Ended
(in thousands, except percentages)
July 29, 2018
 
July 30, 2017
 
July 29, 2018
 
July 30, 2017
Signal Integrity
$
68,802

 
42
%
 
$
66,666

 
44
 %
 
$
134,401

 
45
 %
 
$
134,724

 
46
 %
Protection
45,999

 
28
%
 
45,058

 
29
 %
 
86,791

 
30
 %
 
87,307

 
29
 %
Wireless and Sensing
48,410

 
30
%
 
44,600

 
29
 %
 
93,949

 
32
 %
 
83,375

 
28
 %
Other: Warrant Shares (1)

 
%
 
(3,197
)
 
(2
)%
 
(21,501
)
 
(7
)%
 
(8,477
)
 
(3
)%
Total net sales
$
163,211

 
100
%
 
$
153,127

 
100
 %
 
$
293,640

 
100
 %
 
$
296,929

 
100
 %
Schedule of Revenue from External Customers by Sales Channel
 
Three Months Ended
 
Six Months Ended
(in thousands)
July 29, 2018
 
July 30, 2017
 
July 29, 2018
 
July 30, 2017
Distributor
$
109,844

 
$
100,121

 
$
212,317

 
$
194,643

Direct
53,367

 
56,203

 
102,824

 
110,763

Other: Warrant Shares

 
(3,197
)
 
(21,501
)
 
(8,477
)
Total net sales
$
163,211

 
$
153,127

 
$
293,640

 
$
296,929

Net Sales Activity By Geographic Region
Net sales activity by geographic region is as follows:
 
Three Months Ended
 
Six Months Ended
 
July 29, 2018
 
July 30, 2017
 
July 29, 2018
 
July 30, 2017
Asia-Pacific
75
%
 
73
 %
 
72
 %
 
75
 %
North America
19
%
 
21
 %
 
28
 %
 
21
 %
Europe
6
%
 
8
 %
 
7
 %
 
7
 %
Other: Warrant Shares
%
 
(2
)%
 
(7
)%
 
(3
)%
 
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 at least one of the periods presented:
 
Three Months Ended
 
Six Months Ended
(percentage of total sales)
July 29, 2018
 
July 30, 2017
 
July 29, 2018
 
July 30, 2017
China (including Hong Kong)
56
%
 
49
%
 
53
%
 
50
%
United States
10
%
 
9
%
 
12
%
 
9
%