Segment Information

3 Months Ended

Apr. 02, 2016

Segment Information [Abstract]

Segment Information

Note 10 – 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, goodwill and long-lived asset impairment charges, 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 April 2, 2016:
Product Sales	$	100,933	$	135,384	$	62,775	$	183,416	$	88,020	$	570,528
Royalty Revenues		-		-		-		78		-	$	78
Total Revenue	$	100,933	$	135,384	$	62,775	$	183,494	$	88,020	$	570,606
Gross Profit	$	12,587	$	32,662	$	19,181	$	55,784	$	17,095	$	137,309
Fiscal quarter ended April 4, 2015:
Product Sales	$	106,759	$	136,511	$	68,625	$	186,392	$	94,036	$	592,323
Royalty Revenues		11		-		-		1,102		-	$	1,113
Total Revenue	$	106,770	$	136,511	$	68,625	$	187,494	$	94,036	$	593,436
Gross Profit	$	13,758	$	29,890	$	22,183	$	58,849	$	20,358	$	145,038

	Fiscal quarters ended
	April 2, 2016			April 4, 2015
Operating income reconciliation:
MOSFETs	$	2,618		$	4,527
Diodes		26,643			23,485
Optoelectronic Components		13,654			17,087
Resistors & Inductors		46,883			49,525
Capacitors		11,303			14,564
Restructuring and Severance Costs		(6,475	)		(1,410	)
Unallocated Selling, General, and Administrative Expenses		(54,078	)		(60,220	)
Consolidated Operating Income		40,548		$	47,558