Segment, Geographic and Product Information

12 Months Ended

Dec. 31, 2012

Segment, Geographic and Product Information

Note 11 — Segment, Geographic and Product Information

Since the first quarter of 2011, the Company has operated in one reportable segment — the Semiconductor segment. The change in reportable segments was made in connection with the March 2011 agreement to sell the external storage systems business and has been reflected in the Company’s segment reporting for all periods presented.

The Company’s chief executive officer is the chief operating decision maker (“CODM”). The Company’s CODM bears ultimate responsibility for, and is actively engaged in, the allocation of resources and the evaluation of the Company’s operating and financial results. Management’s conclusion that the Company operates in a single reportable segment is based on the following:

• The Company assesses performance, including incentive compensation, based upon consolidated operational performance and financial results;

• The CODM allocates resources and makes other operational decisions based on direct involvement with the Company’s operations and product development efforts;

• The Company is managed under a functionally-based organizational structure, with the head of each function reporting directly to the CODM. Management of shared functions also reports directly to the CODM or to one of his direct reports; and

• The Company frequently integrates its discrete technologies across many of its products and its integrated circuits are largely manufactured under similar processes. This integrated approach supports the Company’s ability to make financial decisions based on consolidated financial performance, without reliance on discrete financial information.

Significant Customers

The following table provides information about the Company’s one customer that accounted for 10% or more of consolidated revenues in each of 2012, 2011 and 2010:

	Year Ended December 31,
	2012			2011			2010
Percentage of consolidated revenues		31	%		25	%		19	%

Information about Geographic Areas

The following tables summarize the Company’s revenues by geography based on the ordering location of the customer and long-lived assets by geography. Because the Company sells its products primarily to other sellers of technology products and not to end users, revenues by geography as presented below may not accurately reflect geographic end-user demand for its products.

	Year Ended December 31,
	2012		2011		2010
	(In thousands)
Revenues:
North America*	$	635,928	$	520,193	$	431,184
Asia:
China (including Hong Kong)		788,077		569,710		402,834
Singapore		305,974		256,781		283,494
Taiwan		290,294		272,071		295,945
Other		300,688		224,948		240,809
Total Asia		1,685,033		1,323,510		1,223,082
Europe and the Middle East		185,126		200,255		215,388
Total	$	2,506,087	$	2,043,958	$	1,869,654

	December 31,
	2012		2011
	(In thousands)
Long-lived assets:
North America*	$	241,443	$	160,500
Asia**		27,206		18,350
Europe and the Middle East		1,098		1,739
Total	$	269,747	$	180,589

* Primarily the United States.

** Primarily China, Singapore and Taiwan.

Information about Product Groups

The following table presents the Company’s revenues by product groups:

	Year Ended December 31,
	2012		2011		2010
	(In thousands)
Revenues:
Storage products	$	1,994,397	$	1,487,069	$	1,302,104
Networking products		407,193		453,652		473,275
Other		104,497		103,237		94,275
Total	$	2,506,087	$	2,043,958	$	1,869,654