Segment Information

9 Months Ended

Oct. 01, 2022

Segment Information [Abstract]

Segment Information

Note 12 – Segment Information

The following tables set forth business segment information:

	MOSFETs		Diodes		Optoelectronic Components		Resistors		Inductors		Capacitors		Corporate / Other*		Total
Fiscal quarter ended October 1, 2022:
Net revenues	$	225,186	$	209,012	$	73,447	$	207,437	$	83,503	$	126,213	$	-	$	924,798
Segment Operating Income	$	71,867	$	51,368	$	22,021	$	61,621	$	22,585	$	25,310	$	-	$	254,772
Fiscal quarter ended October 2, 2021:
Net revenues	$	175,499	$	185,306	$	70,750	$	181,189	$	84,816	$	116,103	$	-	$	813,663
Segment Operating Income	$	43,717	$	41,363	$	19,708	$	43,547	$	24,368	$	19,913	$	-	$	192,616

Nine fiscal months ended October 1, 2022:
Net revenues	$	556,255	$	583,429	$	232,399	$	627,645	$	255,888	$	386,487	$	-		$	2,642,103
Segment Operating Income	$	164,993	$	140,307	$	72,575	$	183,414	$	71,698	$	80,330	$	(6,661	)	$	706,656
Nine fiscal months ended October 2, 2021:
Net revenues	$	496,659	$	517,299	$	224,316	$	562,513	$	253,813	$	342,815	$	-		$	2,397,415
Segment Operating Income	$	108,434	$	106,304	$	61,070	$	142,288	$	75,902	$	62,462	$	-		$	556,460

*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 statement of operations.

	Fiscal quarters ended						Nine fiscal months ended
	October 1, 2022			October 2, 2021			October 1, 2022			October 2, 2021
Reconciliation:
Segment Operating Income	$	254,772		$	192,616		$	706,656		$	556,460
Impact of the COVID-19 Pandemic on Selling, General, and Administrative Expenses		-			-			(546	)		-
Unallocated Selling, General, and Administrative Expenses		(71,670	)		(69,095	)		(225,932	)		(210,303	)
Consolidated Operating Income	$	183,102		$	123,521		$	480,178		$	346,157
Unallocated Other Income (Expense)		(1,973	)		(7,106	)		(14,873	)		(25,405	)
Consolidated Income Before Taxes	$	181,129		$	116,415		$	465,305		$	320,752

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				Nine fiscal months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Distributors	$	536,289	$	483,766	$	1,549,872	$	1,400,700
OEMs		322,260		278,358		908,384		850,413
EMS companies		66,249		51,539		183,847		146,302
Total Revenue	$	924,798	$	813,663	$	2,642,103	$	2,397,415

Net revenues were attributable to customers in the following regions:

	Fiscal quarters ended				Nine fiscal months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Asia	$	352,160	$	365,133	$	1,040,942	$	1,034,936
Europe		296,779		263,650		862,728		800,801
Americas		275,859		184,880		738,433		561,678
Total Revenue	$	924,798	$	813,663	$	2,642,103	$	2,397,415

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				Nine fiscal months ended
	October 1, 2022		October 2, 2021		October 1, 2022		October 2, 2021
Industrial	$	362,380	$	335,047	$	1,050,704	$	927,981
Automotive		286,331		240,764		799,504		743,766
Telecommunications		32,288		24,580		92,184		72,438
Computing		52,206		58,703		177,172		183,234
Consumer Products		50,235		43,839		132,090		128,243
Power Supplies		50,822		42,082		132,248		119,373
Military and Aerospace		56,861		40,198		159,062		124,909
Medical		33,675		28,450		99,139		97,471
Total revenue	$	924,798	$	813,663	$	2,642,103	$	2,397,415