XML 42 R32.htm IDEA: XBRL DOCUMENT v3.22.2
Segment Information (Tables)
6 Months Ended
Jul. 02, 2022
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 2, 2022:
                                           
Net revenues
 
$
158,395
   
$
192,083
   
$
77,936
   
$
213,176
   
$
89,608
   
$
132,314
   
$
-
   
$
863,512
 
                                                                 
Segment Operating Income
 
$
44,602
   
$
48,513
   
$
22,395
   
$
63,650
   
$
26,914
   
$
27,620
   
$
(6,661
)
 
$
227,033
 
                                                                 
Fiscal quarter ended July 3, 2021:
                                                         
Net revenues
 
$
167,937
   
$
174,815
   
$
75,795
   
$
194,722
   
$
85,539
   
$
120,312
   
$
-
   
$
819,120
 
                                                                 
Segment Operating Income
 
$
37,510
   
$
36,120
   
$
20,152
   
$
51,365
   
$
26,244
   
$
23,686
   
$
-
   
$
195,077
 

Six fiscal months ended July 2, 2022:
                                           
Net revenues
 
$
331,069
   
$
374,417
   
$
158,952
   
$
420,208
   
$
172,385
   
$
260,274
   
$
-
   
$
1,717,305
 
                                                                 
Segment Operating Income
 
$
93,126
   
$
88,939
   
$
50,554
   
$
121,793
   
$
49,113
   
$
55,020
   
$
(6,661
)
 
$
451,884
 
                                                                 
Six fiscal months ended July 3, 2021:
                                                         
Net revenues
 
$
321,160
   
$
331,993
   
$
153,566
   
$
381,324
   
$
168,997
   
$
226,712
   
$
-
   
$
1,583,752
 
                                                                 
Segment Operating Income
 
$
64,717
   
$
64,941
   
$
41,362
   
$
98,741
   
$
51,534
   
$
42,549
   
$
-
   
$
363,844
 

*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 2, 2022
   
July 3, 2021
   
July 2, 2022
   
July 3, 2021
 
Reconciliation:
                       
Segment Operating Income
 
$
227,033
   
$
195,077
   
$
451,884
   
$
363,844
 
Impact of the COVID-19 Pandemic on Selling, General, and Administrative Expenses
   
(546
)
   
-
     
(546
)
   
-
 
Unallocated Selling, General, and Administrative Expenses
   
(75,664
)
   
(69,705
)
   
(154,262
)
   
(141,208
)
Consolidated Operating Income
 
$
150,823
   
$
125,372
   
$
297,076
   
$
222,636
 
Unallocated Other Income (Expense)
   
(2,927
)
   
(8,192
)
   
(12,900
)
   
(18,299
)
Consolidated Income Before Taxes
 
$
147,896
   
$
117,180
   
$
284,176
   
$
204,337
 
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 2, 2022
   
July 3, 2021
   
July 2, 2022
   
July 3, 2021
 
Distributors
 
$
515,714
   
$
492,809
   
$
1,013,583
   
$
916,934
 
OEMs
   
288,695
     
277,418
     
586,124
     
572,055
 
EMS companies
   
59,103
     
48,893
     
117,598
     
94,763
 
Total Revenue
 
$
863,512
   
$
819,120
   
$
1,717,305
   
$
1,583,752
 

Net revenues were attributable to customers in the following regions:

 
Fiscal quarters ended
   
Six fiscal months ended
 
   
July 2, 2022
   
July 3, 2021
   
July 2, 2022
   
July 3, 2021
 
Asia
 
$
344,770
   
$
347,343
   
$
688,782
   
$
669,803
 
Europe
   
275,965
     
268,828
     
565,949
     
537,151
 
Americas
   
242,777
     
202,949
     
462,574
     
376,798
 
Total Revenue
 
$
863,512
   
$
819,120
   
$
1,717,305
   
$
1,583,752
 

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 2, 2022
   
July 3, 2021
   
July 2, 2022
   
July 3, 2021
 
Industrial
 
$
350,955
   
$
322,133
   
$
688,324
   
$
592,934
 
Automotive
   
253,672
     
247,029
     
513,173
     
503,002
 
Telecommunications
   
28,883
     
22,956
     
59,896
     
47,858
 
Computing
   
57,035
     
64,632
     
124,966
     
124,531
 
Consumer Products
   
43,147
     
43,609
     
81,855
     
84,404
 
Power Supplies
   
41,144
     
42,045
     
81,426
     
77,291
 
Military and Aerospace
   
55,703
     
43,173
     
102,201
     
84,711
 
Medical
   
32,973
     
33,543
     
65,464
     
69,021
 
Total revenue
 
$
863,512
   
$
819,120
   
$
1,717,305
   
$
1,583,752