Segment Information

9 Months Ended

Sep. 30, 2023

Segment Information [Abstract]

Segment Information

Note 11 – Segment Information

The following tables set forth business segment information:

	MOSFETs		Diodes		Optoelectronic Components		Resistors		Inductors		Capacitors		Corporate / Other*		Total
Fiscal quarter ended September 30, 2023:
Net revenues	$	205,027	$	176,788	$	64,441	$	199,877	$	89,947	$	117,573	$	-	$	853,653
Segment Operating Income	$	52,755	$	41,552	$	13,087	$	41,849	$	25,078	$	20,533	$	-	$	194,854
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

Nine fiscal months ended September 30, 2023:
Net revenues	$	610,596	$	527,216	$	189,293	$	645,450	$	259,524	$	384,730	$	-		$	2,616,809
Segment Operating Income	$	167,544	$	119,348	$	41,136	$	165,911	$	73,642	$	81,706	$	-		$	649,287
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

*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
	September 30, 2023			October 1, 2022			September 30, 2023			October 1, 2022
Reconciliation:
Segment Operating Income	$	194,854		$	254,772		$	649,287		$	706,656
Impact of the COVID-19 Pandemic on Selling, General, and Administrative Expenses		-			-			-			(546	)
Unallocated Selling, General, and Administrative Expenses		(79,724	)		(71,670	)		(240,973	)		(225,932	)
Consolidated Operating Income	$	115,130		$	183,102		$	408,314		$	480,178
Unallocated Other Income (Expense)		(18,618	)		(1,973	)		(21,556	)		(14,873	)
Consolidated Income Before Taxes	$	96,512		$	181,129		$	386,758		$	465,305

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
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
Distributors	$	438,126	$	536,289	$	1,396,021	$	1,549,872
OEMs		358,791		322,260		1,044,039		908,384
EMS companies		56,736		66,249		176,749		183,847
Total Revenue	$	853,653	$	924,798	$	2,616,809	$	2,642,103

Net revenues were attributable to customers in the following regions:

	Fiscal quarters ended				Nine fiscal months ended
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
Asia	$	323,750	$	352,160	$	957,706	$	1,040,942
Europe		315,264		296,779		968,286		862,728
Americas		214,639		275,859		690,817		738,433
Total Revenue	$	853,653	$	924,798	$	2,616,809	$	2,642,103

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
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
Industrial	$	297,506	$	362,380	$	951,422	$	1,050,704
Automotive		316,043		286,331		910,775		799,504
Computing		40,816		52,206		125,068		177,172
Military and Aerospace		67,623		56,861		198,489		159,062
Consumer Products		42,155		50,235		130,305		132,090
Power Supplies		38,897		50,822		127,684		132,248
Medical		34,447		33,675		116,688		99,139
Telecommunications		16,166		32,288		56,378		92,184
Total Revenue	$	853,653	$	924,798	$	2,616,809	$	2,642,103