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Segment Information (Tables)
6 Months Ended
Jul. 03, 2021
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 July 3, 2021:
                                           
Net revenues
 
$
167,937
   
$
174,815
   
$
75,795
   
$
194,722
   
$
85,539
   
$
120,312
   
$
-
   
$
819,120
 
                                                                 
Gross profit
 
$
47,434
   
$
41,757
   
$
24,522
   
$
57,929
   
$
28,680
   
$
28,950
   
$
-
   
$
229,272
 
                                                                 
Segment operating income
 
$
37,510
   
$
36,120
   
$
20,152
   
$
51,365
   
$
26,244
   
$
23,686
   
$
-
   
$
195,077
 
                                                                 
Fiscal quarter ended July 4, 2020:
                                                         
Net revenues
 
$
118,944
   
$
124,187
   
$
49,130
   
$
140,412
   
$
65,185
   
$
83,859
   
$
-
   
$
581,717
 
                                                                 
Gross profit
 
$
26,978
   
$
24,904
   
$
11,728
   
$
32,513
   
$
20,252
   
$
15,218
   
$
(923
)
 
$
130,670
 
                                                                 
Segment operating income
 
$
17,602
   
$
19,814
   
$
7,948
   
$
27,879
   
$
17,713
   
$
10,524
   
$
(923
)
 
$
100,557
 

Six fiscal months ended July 3, 2021:
                                           
Net revenues
 
$
321,160
   
$
331,993
   
$
153,566
   
$
381,324
   
$
168,997
   
$
226,712
   
$
-
   
$
1,583,752
 
                                                                 
Gross Profit
 
$
84,542
   
$
76,173
   
$
50,148
   
$
111,902
   
$
56,431
   
$
53,025
   
$
-
   
$
432,221
 
                                                                 
Segment Operating Income
 
$
64,717
   
$
64,941
   
$
41,362
   
$
98,741
   
$
51,534
   
$
42,549
   
$
-
   
$
363,844
 
                                                                 
Six fiscal months ended July 4, 2020:
                                                         
Net revenues
 
$
235,837
   
$
239,530
   
$
103,309
   
$
299,620
   
$
138,970
   
$
177,292
   
$
-
   
$
1,194,558
 
                                                                 
Gross Profit
 
$
55,130
   
$
44,422
   
$
26,313
   
$
77,286
   
$
43,239
   
$
35,573
   
$
(4,053
)
 
$
277,910
 
                                                                 
Segment Operating Income
 
$
36,260
   
$
34,236
   
$
18,634
   
$
66,764
   
$
38,023
   
$
25,594
   
$
(4,053
)
 
$
215,458
 

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

 
Fiscal quarters ended
   
Six fiscal months ended
 
   
July 3, 2021
   
July 4, 2020
   
July 3, 2021
   
July 4, 2020
 
Reconciliation:
                       
Segment Operating Income
 
$
195,077
   
$
100,557
   
$
363,844
   
$
215,458
 
Restructuring and Severance Costs
   
-
     
(743
)
   
-
     
(743
)
Impact of the COVID-19 Pandemic on Selling, General, and Administrative Expenses
   
-
     
747
     
-
     
430
 
Unallocated Selling, General, and Administrative Expenses
   
(69,705
)
   
(59,761
)
   
(141,208
)
   
(126,937
)
Consolidated Operating Income
 
$
125,372
   
$
40,800
   
$
222,636
   
$
88,208
 
Unallocated Other Income (Expense)
   
(8,192
)
   
(11,060
)
   
(18,299
)
   
(22,334
)
Consolidated Income Before Taxes
 
$
117,180
   
$
29,740
   
$
204,337
   
$
65,874
 
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
   
Six fiscal months ended
 
   
July 3, 2021
   
July 4, 2020
   
July 3, 2021
   
July 4, 2020
 
Distributors
 
$
492,809
   
$
349,562
   
$
916,934
   
$
655,008
 
OEMs
   
277,418
     
190,799
     
572,055
     
451,928
 
EMS companies
   
48,893
     
41,356
     
94,763
     
87,622
 
Total Revenue
 
$
819,120
   
$
581,717
   
$
1,583,752
   
$
1,194,558
 
Net revenues were attributable to customers in the following regions:

 
Fiscal quarters ended
   
Six fiscal months ended
 
   
July 3, 2021
   
July 4, 2020
   
July 3, 2021
   
July 4, 2020
 
Asia
 
$
347,343
   
$
260,625
   
$
669,803
   
$
477,709
 
Europe
   
268,828
     
179,928
     
537,151
     
412,980
 
Americas
   
202,949
     
141,164
     
376,798
     
303,869
 
Total Revenue
 
$
819,120
   
$
581,717
   
$
1,583,752
   
$
1,194,558
 
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
   
Six fiscal months ended
 
   
July 3, 2021
   
July 4, 2020
   
July 3, 2021
   
July 4, 2020
 
Industrial
 
$
322,133
   
$
226,877
   
$
592,934
   
$
441,988
 
Automotive
   
247,029
     
133,834
     
503,002
     
335,777
 
Telecommunications
   
22,956
     
33,496
     
47,858
     
63,188
 
Computing
   
64,632
     
55,719
     
124,531
     
100,942
 
Consumer Products
   
43,609
     
22,571
     
84,404
     
43,124
 
Power Supplies
   
42,045
     
32,176
     
77,291
     
57,370
 
Military and Aerospace
   
43,173
     
41,451
     
84,711
     
85,386
 
Medical
   
33,543
     
35,593
     
69,021
     
66,783
 
Total revenue
 
$
819,120
   
$
581,717
   
$
1,583,752
   
$
1,194,558