Segment Reporting (Tables)

9 Months Ended

Sep. 26, 2020

Segment Reporting [Abstract]

Summary of Financial Information for Reportable Segments

Summarized financial information for the Company’s reportable segments is shown in the following tables.

	Three months ended				Nine months ended
(In thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Net sales
SCEM	$	150,480	$	127,750	$	440,907	$	379,772
MC	193,541		155,979		536,560		463,870
AMH	144,370		117,256		386,941		340,835
Inter-segment elimination	(7,404)		(6,838)		(22,689)		(20,409)
Total net sales	$	480,987	$	394,147	$	1,341,719	$	1,164,068

	Three months ended				Nine months ended
(In thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Segment profit
SCEM	$	32,600	$	17,074	$	98,208	$	65,505
MC	64,915		46,792		177,219		137,241
AMH	33,266		17,077		76,707		54,487
Total segment profit	$	130,781	$	80,943	$	352,134	$	257,233

Reconciliation of Total Segment Profit to Operating Income

The following table reconciles total segment profit to income before income taxes:

	Three months ended				Nine months ended
(In thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Total segment profit	$	130,781	$	80,943	$	352,134	$	257,233
Less:
Amortization of intangible assets	11,749		15,152		41,176		50,400
Unallocated general and administrative expenses	12,271		12,998		28,741		51,640
Operating income	106,761		52,793		282,217		155,193
Interest expense	12,781		11,388		36,345		33,587
Interest income	(130)		(1,172)		(664)		(4,020)
Other (income) expense, net	(1,752)		934		(1,351)		(121,329)
Income before income tax expense	$	95,862	$	41,643	$	247,887	$	246,955

Schedule of Revenue from External Customers, by Geographical Areas

In the following tables, revenue is disaggregated by customers’ country or region for the three and nine months ended September 26, 2020 and September 28, 2019, respectively.

	Three months ended September 26, 2020
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	45,921	$	47,803	$	47,748	$	(7,404)	134,068
Taiwan	26,651		37,602		18,105		—		$	82,358
South Korea	22,389		21,780		30,201		—		74,370
Japan	18,487		30,386		11,882		—		60,755
China	20,334		29,150		16,828		—		66,312
Europe	8,111		18,237		12,903		—		39,251
Southeast Asia	8,587		8,583		6,703		—		23,873
	$	150,480	$	193,541	$	144,370	$	(7,404)	$	480,987

	Three months ended September 28, 2019
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	40,176	$	31,186	$	36,548	$	(6,838)	$	101,072
Taiwan	23,186		32,521		19,164		—		74,871
South Korea	18,441		27,239		20,195		—		65,875
Japan	13,587		25,160		9,417		—		48,164
China	14,699		23,544		12,354		—		50,597
Europe	7,806		9,845		12,587		—		30,238
Southeast Asia	9,855		6,484		6,991		—		23,330
	$	127,750	$	155,979	$	117,256	$	(6,838)	$	394,147

	Nine months ended September 26, 2020
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	137,594	$	109,937	$	121,147	$	(22,689)	$	345,989
Taiwan	78,079		122,443		65,240		—		265,762
South Korea	63,636		64,861		66,398		—		194,895
Japan	53,819		88,512		34,257		—		176,588
China	54,159		75,709		41,505		—		171,373
Europe	25,465		49,526		37,216		—		112,207
Southeast Asia	28,155		25,572		21,178		—		74,905
	$	440,907	$	536,560	$	386,941	$	(22,689)	$	1,341,719

	Nine months ended September 28, 2019
(In thousands)	SCEM		MC		AMH		Inter-segment		Total
North America	$	106,590	$	83,860	$	110,287	$	(20,409)	$	280,328
Taiwan	69,943		102,216		50,027		—		222,186
South Korea	55,463		81,585		52,939		—		189,987
Japan	40,354		74,976		32,761		—		148,091
China	49,269		68,247		32,853		—		150,369
Europe	24,235		32,022		42,594		—		98,851
Southeast Asia	33,918		20,964		19,374		—		74,256
	$	379,772	$	463,870	$	340,835	$	(20,409)	$	1,164,068