Note 2: Revenue and Segment Information

The Company is organized into three operating and reporting segments consisting of the Power Solutions Group, the Analog Solutions Group and the Intelligent Sensing Group. Each of the Company’s major product lines has been examined and assigned to a reporting segment based on the Company’s operating strategy. Because many products are sold into different end-markets, the total revenues reported for a segment is not indicative of actual sales in the end-market associated with that segment, but rather is the sum of the revenues from the product lines assigned to that segment. These segments represent the Company’s view of the business and as such are used to evaluate progress of major initiatives and allocation of resources.

Revenues and gross profit for the Company’s operating and reporting segments were as follows (in millions):



	Power Solutions Group		Analog Solutions Group		Intelligent Sensing Group		Total
For the quarter ended June 29, 2018:
Revenues from external customers	$	748.2	$	513.2	$	194.5	$	1,455.9
Gross profit	$	267.1	$	219.3	$	82.6	$	569.0
For the quarter ended June 30, 2017:
Revenues from external customers	$	671.4	$	468.5	$	198.1	$	1,338.0
Gross profit	$	228.5	$	195.8	$	74.9	$	499.2
For the six months ended June 29, 2018:
Revenues from external customers	$	1,440.8	$	1,009.4	$	383.3	$	2,833.5
Gross profit	$	506.3	$	426.1	$	164.3	$	1,096.7
For the six months ended June 30, 2017:
Revenues from external customers	$	1,415.2	$	972.1	$	387.4	$	2,774.7
Gross profit	$	472.5	$	405.1	$	142.3	$	1,019.9

Gross profit shown above and below is exclusive of the amortization of acquisition-related intangible assets. Reconciliations of segment gross profit to consolidated gross profit are as follows (in millions):



	Quarters Ended						Six Months Ended
	June 29, 2018			June 30, 2017			June 29, 2018			June 30, 2017
Gross profit for reporting segments	$	569.0		$	499.2		$	1,096.7		$	1,019.9
Less: unallocated manufacturing costs	(14.0		)	(7.2		)	(24.3		)	(24.8		)
Consolidated gross profit	$	555.0		$	492.0		$	1,072.4		$	995.1

The Company operates in various geographic locations. Sales to unaffiliated customers have little correlation with the location of manufacturers. It is, therefore, not meaningful to present operating profit by geographical location. Revenues for the Company's operating and reporting segments disaggregated into geographic locations and sales channels were as follows (in millions):



	Quarter Ended June 29, 2018
	Power Solutions Group		Analog Solutions Group		Intelligent Sensing Group		Total
Geographic Location
United States	$	98.2	$	85.9	$	33.4	$	217.5
United Kingdom	124.5		82.4		35.5		242.4
Hong Kong	229.4		133.1		42.4		404.9
Singapore	244.1		157.8		31.9		433.8
Other	52.0		54.0		51.3		157.3
Total	$	748.2	$	513.2	$	194.5	$	1,455.9

Sales Channel
OEM	$	219.8	$	220.0	$	69.0	$	508.8
Distributors	482.0		257.5		115.3		854.8
Electronic Manufacturing Service Providers	46.4		35.7		10.2		92.3
Total	$	748.2	$	513.2	$	194.5	$	1,455.9



	Six Months Ended June 29, 2018
	Power Solutions Group		Analog Solutions Group		Intelligent Sensing Group		Total
Geographic Location
United States	$	192.7	$	164.1	$	59.9	$	416.7
United Kingdom	243.1		161.5		71.4		476.0
Hong Kong	434.6		255.6		75.6		765.8
Singapore	472.5		319.0		75.2		866.7
Other	97.9		109.2		101.2		308.3
Total	$	1,440.8	$	1,009.4	$	383.3	$	2,833.5

Sales Channel
OEM	$	417.9	$	427.6	$	133.5	$	979.0
Distributors	934.6		511.6		230.2		1,676.4
Electronic Manufacturing Service Providers	88.3		70.2		19.6		178.1
Total	$	1,440.8	$	1,009.4	$	383.3	$	2,833.5

The Company’s consolidated assets are not specifically ascribed to its individual reporting segments. Rather, assets used in operations are generally shared across the Company’s operating and reporting segments.

Property, plant and equipment, net by geographic location, is summarized as follows (in millions):



	As of
	June 29, 2018		December 31, 2017
United States	$	572.9	$	547.9
Korea	396.9		380.5
Malaysia	225.0		230.0
Philippines	464.7		439.5
China	254.9		246.0
Other	472.8		435.2
Total	$	2,387.2	$	2,279.1

For the quarters ended June 29, 2018 and June 30, 2017, no single customer, including any distributor, accounted for 10% or more of the Company's total consolidated revenues.