Segment Information

3 Months Ended

Mar. 29, 2014

Segment Information [Abstract]

Segment Information

Note 8 – Segment Information

Vishay operates, and its chief operating decision maker makes strategic and operating decisions with regards to assessing performance and allocating resources based on, five reporting segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors, and Capacitors.

The Company evaluates business segment performance on operating income, exclusive of certain items ("segment operating income").  Only dedicated, direct selling, general, and administrative expenses of the segments are included in the calculation of segment operating income.  The Company's calculation of segment operating income excludes such selling, general, and administrative costs as global operations, sales and marketing, information systems, finance and administration groups, as well as restructuring and severance costs, executive compensation charges (credits), material gains and losses on sales of property, and other items.  Management believes that evaluating segment performance excluding such items is meaningful because it provides insight with respect to intrinsic operating results of the Company.  These items represent reconciling items between segment operating income and consolidated operating income.  Business segment assets are the owned or allocated assets used by each business.

The following tables set forth business segment information:

	MOSFETs		Diodes		Optoelectronic Components		Resistors & Inductors		Capacitors		Total
Fiscal quarter ended March 29, 2014:
Product Sales	$	113,113	$	136,929	$	57,498	$	187,989	$	105,511	$	601,040
Royalty Revenues		28		-		-		1,310		-	$	1,338
Total Revenue	$	113,141	$	136,929	$	57,498	$	189,299	$	105,511	$	602,378
Gross Margin	$	12,617	$	29,765	$	21,237	$	60,120	$	21,544	$	145,283
Fiscal quarter ended March 30, 2013:
Product Sales	$	100,846	$	125,112	$	56,226	$	163,928	$	106,162	$	552,274
Royalty Revenues		42		-		-		1,938		-	$	1,980
Total Revenue	$	100,888	$	125,112	$	56,226	$	165,866	$	106,162	$	554,254
Gross Margin	$	12,900	$	27,261	$	19,774	$	52,601	$	24,198	$	136,734

	Fiscal quarters ended
	March 29, 2014			March 30, 2013
Operating margin reconciliation:
MOSFETs	$	2,487		$	2,833
Diodes		23,058			21,389
Optoelectronic Components		17,404			16,209
Resistors & Inductors		50,336			44,200
Capacitors		15,341			18,456
Restructuring and Severance Costs		(6,404	)		-
Unallocated Selling, General, and Administrative Expenses		(59,650	)		(57,482	)
Consolidated Operating Income		42,572		$	45,605