XML 52 R35.htm IDEA: XBRL DOCUMENT v3.20.1
Segment Information (Tables)
3 Months Ended
Apr. 04, 2020
Segment Information [Abstract]  
Segment Reporting Information by Segment The following tables set forth business segment information:


 
MOSFETs
   
Diodes
   
Optoelectronic
Components
   
Resistors
   
Inductors
   
Capacitors
   
Corporate / Other*
   
Total
 
Fiscal quarter ended April 4, 2020:
                                           
Net revenues
 
$
116,893
   
$
115,343
   
$
54,179
   
$
159,208
   
$
73,785
   
$
93,433
   
$
-
   
$
612,841
 
                                                                 
Gross profit
 
$
28,152
   
$
19,518
   
$
14,585
   
$
44,773
   
$
22,987
   
$
20,355
   
$
(3,130
)
 
$
147,240
 
                                                                 
Segment operating income
 
$
18,658
   
$
14,422
   
$
10,686
   
$
38,885
   
$
20,310
   
$
15,070
   
$
(3,130
)
 
$
114,901
 
                                                                 
Fiscal quarter ended March 30, 2019:
                                                         
Net revenues
 
$
137,341
   
$
167,840
   
$
60,562
   
$
188,831
   
$
71,640
   
$
118,945
   
$
-
   
$
745,159
 
                                                                 
Gross profit
 
$
36,059
   
$
43,492
   
$
16,017
   
$
62,589
   
$
23,280
   
$
29,722
   
$
-
   
$
211,159
 
                                                                 
Segment operating income
 
$
26,678
   
$
38,128
   
$
11,710
   
$
56,347
   
$
20,640
   
$
24,566
   
$
-
   
$
178,069
 

*Amounts reported in Corporate/Other above represent unallocated costs directly related to the COVID-19 outbreak, which are reported as costs of products sold on the consolidated condensed statement of operations.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated

 
Fiscal quarters ended
 
   
April 4, 2020
   
March 30, 2019
 
Reconciliation:
           
Segment Operating Income
 
$
114,901
   
$
178,069
 
Impact of COVID-19 Outbreak on Selling, General, and Administrative Expenses
   
(317
)
   
-
 
Unallocated Selling, General, and Administrative Expenses
   
(67,176
)
   
(70,334
)
Consolidated Operating Income
 
$
47,408
   
$
107,735
 
Unallocated Other Income (Expense)
   
(11,274
)
   
(7,787
)
Consolidated Income Before Taxes
 
$
36,134
   
$
99,948
 
Disaggregation of Revenue
The Company has a broad line of products that it sells to OEMs, EMS companies, and independent distributors.  The distribution of sales by customer type is shown below:


 
Fiscal quarters ended
 
   
April 4, 2020
   
March 30, 2019
 
Distributors
 
$
305,446
   
$
411,560
 
OEMs
   
261,129
     
282,636
 
EMS companies
   
46,266
     
50,963
 
Total Revenue
 
$
612,841
   
$
745,159
 

Net revenues were attributable to customers in the following regions:


 
Fiscal quarters ended
 
   
April 4, 2020
   
March 30, 2019
 
Asia
 
$
217,084
   
$
259,726
 
Europe
   
233,052
     
278,899
 
Americas
   
162,705
     
206,534
 
Total Revenue
 
$
612,841
   
$
745,159
 

The Company generates substantially all of its revenue from product sales to end customers in the industrial, automotive, telecommunications, computing, consumer products, power supplies, military and aerospace, and medical end markets.  Sales by end market are presented below:


 
Fiscal quarters ended
 
   
April 4, 2020
   
March 30, 2019
 
Industrial
 
$
215,111
   
$
281,590
 
Automotive
   
201,943
     
214,786
 
Telecommunications
   
29,692
     
53,280
 
Computing
   
45,223
     
47,508
 
Consumer Products
   
20,553
     
34,049
 
Power Supplies
   
25,194
     
30,127
 
Military and Aerospace
   
43,935
     
47,561
 
Medical
   
31,190
     
36,258
 
Total revenue
 
$
612,841
   
$
745,159