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Segment Information (Tables)
6 Months Ended
Jul. 01, 2023
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 1, 2023:
                                           
Net revenues
 
$
207,388
   
$
174,735
   
$
64,449
   
$
222,433
   
$
89,239
   
$
133,866
   
$
-
   
$
892,110
 
                                                                 
Segment Operating Income
 
$
56,772
   
$
35,110
   
$
10,749
   
$
57,363
   
$
27,585
   
$
28,177
   
$
-
   
$
215,756
 
                                                                 
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
 

Six fiscal months ended July 1, 2023:
                                           
Net revenues
 
$
405,569
   
$
350,428
   
$
124,852
   
$
445,573
   
$
169,577
   
$
267,157
   
$
-
   
$
1,763,156
 
                                                                 
Segment Operating Income
 
$
114,789
   
$
77,796
   
$
28,049
   
$
124,062
   
$
48,564
   
$
61,173
   
$
-
   
$
454,433
 
                                                                 
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
 

*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.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated

 
Fiscal quarters ended
   
Six fiscal months ended
 
   
July 1, 2023
   
July 2, 2022
   
July 1, 2023
   
July 2, 2022
 
Reconciliation:
                       
Segment Operating Income
 
$
215,756
   
$
227,033
   
$
454,433
   
$
451,884
 
Impact of the COVID-19 Pandemic on Selling, General, and Administrative Expenses
   
-
     
(546
)
   
-
     
(546
)
Unallocated Selling, General, and Administrative Expenses
   
(81,140
)
   
(75,664
)
   
(161,249
)
   
(154,262
)
Consolidated Operating Income
 
$
134,616
   
$
150,823
   
$
293,184
   
$
297,076
 
Unallocated Other Income (Expense)
   
(1,147
)
   
(2,927
)
   
(2,938
)
   
(12,900
)
Consolidated Income Before Taxes
 
$
133,469
   
$
147,896
   
$
290,246
   
$
284,176
 
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 1, 2023
   
July 2, 2022
   
July 1, 2023
   
July 2, 2022
 
Distributors
 
$
487,107
   
$
515,714
   
$
957,895
   
$
1,013,583
 
OEMs
   
344,820
     
288,695
     
685,248
     
586,124
 
EMS companies
   
60,183
     
59,103
     
120,013
     
117,598
 
Total Revenue
 
$
892,110
   
$
863,512
   
$
1,763,156
   
$
1,717,305
 

Net revenues were attributable to customers in the following regions:

 
Fiscal quarters ended
   
Six fiscal months ended
 
   
July 1, 2023
   
July 2, 2022
   
July 1, 2023
   
July 2, 2022
 
Asia
 
$
323,527
   
$
344,770
   
$
633,956
   
$
688,782
 
Europe
   
326,461
     
275,965
     
653,022
     
565,949
 
Americas
   
242,122
     
242,777
     
476,178
     
462,574
 
Total Revenue
 
$
892,110
   
$
863,512
   
$
1,763,156
   
$
1,717,305
 

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 1, 2023
   
July 2, 2022
   
July 1, 2023
   
July 2, 2022
 
Industrial
 
$
327,956
   
$
350,955
   
$
653,916
   
$
688,324
 
Automotive
   
310,233
     
253,672
     
594,732
     
513,173
 
Computing
   
41,083
     
57,035
     
84,252
     
124,966
 
Military and Aerospace
   
68,741
     
55,703
     
130,866
     
102,201
 
Consumer Products
   
41,616
     
43,147
     
88,150
     
81,855
 
Power Supplies
   
44,631
     
41,144
     
88,787
     
81,426
 
Medical
   
40,138
     
32,973
     
82,241
     
65,464
 
Telecommunications
   
17,712
     
28,883
     
40,212
     
59,896
 
Total Revenue
 
$
892,110
   
$
863,512
   
$
1,763,156
   
$
1,717,305