Segment Information

6 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Segment Information

Segment Information

The Chief Operating Decision Maker is the Company’s President and Chief Executive Officer.

Our reportable segments include the following:

• Communications segment: includes clock and timing solutions, Serial RapidIO^® switching solutions, flow-control management devices, FIFOs, integrated communications processors, high-speed SRAM, digital logic and telecommunications.

• Computing and Consumer segment: includes clock generation and distribution products, PCI Express switching and bridging solutions, high-performance server memory interfaces, multi-port products and PC audio products.

The tables below provide information about these segments:

Revenues by segment	Three Months Ended				Six Months Ended
(in thousands)	September 30, 2012		October 2, 2011		September 30, 2012		October 2, 2011
Communications	$	69,293	$	66,613	$	132,363	$	136,535
Computing and Consumer	64,108		71,705		131,199		151,068
Total revenues	$	133,401	$	138,318	$	263,562	$	287,603

Income (Loss) by segment from continuing operations	Three Months Ended						Six Months Ended
(in thousands)	September 30, 2012			October 2, 2011			September 30, 2012			October 2, 2011
Communications	$	19,559		$	25,096		$	37,045		$	52,462
Computing and Consumer	(3,220		)	(7,195		)	(8,033		)	(9,528		)
Unallocated expenses:
Amortization of intangible assets	(5,573		)	(3,861		)	(10,464		)	(7,805		)
Inventory fair market value adjustment	(100		)	—			(458		)	—
Fabrication production transfer costs	—			(816		)	—			(2,660		)
Assets impairment	59			92			118			182
Amortization of stock-based compensation	(3,617		)	(4,281		)	(6,739		)	(8,053		)
Severance, retention and facility closure costs	(2,271		)	(811		)	(2,999		)	(2,627		)
Acquisition-related costs and other	(4,830		)	—			(11,466		)	—
Consulting expenses related to stockholder activities	(38		)	—			(2,614		)	—
Deferred compensation plan expense (benefit)	(3		)	1,337			(181		)	1,282
Proceeds from life insurance policies	—			—			2,313			—
Interest income and other, net	(682		)	(1,828		)	(681		)	(1,784		)
Income from continuing operations, before income taxes	$	(716	)	$	7,733		$	(4,159	)	$	21,469

The Company does not allocate goodwill and intangible assets impairment charge, severance and retention costs, acquisition-related costs, stock-based compensation, interest income and other, and interest expense to its segments.  In addition, the Company does not allocate assets to its segments. The Company excludes these items consistent with the manner in which it internally evaluates its results of operations.

Revenues from unaffiliated customers by geographic area, based on the customers' shipment locations, were as follows:

	Three Months Ended				Six Months Ended
(in thousands)	September 30, 2012		October 2, 2011		September 30, 2012		October 2, 2011
Asia Pacific	$	85,979	$	91,203	$	171,849	$	193,766
Americas (1)	20,199		18,112		40,101		37,765
Japan	10,911		11,913		22,371		23,046
Europe	16,312		17,090		29,241		33,026
Total revenues	$	133,401	$	138,318	$	263,562	$	287,603

(1) The revenues from the customers in the U.S. were $18.1 million and $17.1 million in the three months ended September 30, 2012 and October 2, 2011, respectively. The revenues from the customers in the U.S. were $36.5 million and $36.0 million in the six months ended September 30, 2012 and October 2, 2011, respectively.

The Company utilizes global and regional distributors around the world, who buy product directly from the Company on behalf of their customers. Two family of distributors, Uniquest and Maxtek and its affiliates represented approximately 11% and 16% of the Company’s revenues for the six months period ended September 30, 2012, respectively. One family of distributors, Maxtek, and its affiliates represented approximately 17% of the Company’s revenues for the six months period ended October 2, 2011.

At September 30, 2012, three distributors represented approximately 18%, 14% and 10.0% of the Company’s gross accounts receivable. At April 1, 2012, three distributors represented approximately 19%, 16% and 12% of the Company’s gross accounts receivable.

The Company’s significant operations outside of the United States include a test facility in Malaysia, design centers in Canada and China, and sales subsidiaries in Japan, Asia Pacific and Europe. The Company's net property, plant and equipment are summarized below by geographic area: 

(in thousands)	September 30, 2012		April 1, 2012
United States	$	46,825	$	50,741
Malaysia	20,210		13,658
All other countries	9,106		5,585
Total property, plant and equipment, net	$	76,141	$	69,984