Segment Information

3 Months Ended

Jun. 29, 2014

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, flow-control management devices including Serial RapidIO^® switching solutions, multi-port products, telecommunications products, high-speed static random access memory, first in and first out, digital logic, radio frequency, and MEMS Oscillator solutions.

• Computing and Consumer segment: includes clock generation and distribution products, high-performance server memory interfaces, PCI Express switching solutions, power management solutions, signal integrity products and PC audio.

The tables below provide information about these segments:

Revenue by segment	Three Months Ended
(in thousands)	June 29, 2014		June 30, 2013
Communications	$	80,986	$	67,687
Computing and Consumer	45,316		49,777
Total revenues	$	126,302	$	117,464

Income (loss) by segment from continuing operations	Three Months Ended
(in thousands)	June 29, 2014			June 30, 2013
Communications	$	29,109		$	18,998
Computing and Consumer	(1,732		)	(7,998		)
Unallocated expenses:
Amortization of intangible assets	(2,549		)	(3,321		)
Assets impairment and recoveries	(2,302		)	36
Stock-based compensation expense	(4,959		)	(4,820		)
Severance, retention and facility closure costs	(573		)	(1,182		)
Acquisition-related costs and other	—			(468		)
Deferred compensation plan expense, net	(14		)	(1		)
Interest income and other, net	382			158
Income from continuing operations, before income taxes	$	17,362		$	1,402

The Company does not allocate goodwill and intangible assets impairment charge, intangible assets amortization, severance and retention costs, acquisition-related costs, stock-based compensation, deferred compensation plan expense, 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
(in thousands)	June 29, 2014		June 30, 2013
Asia Pacific	$	81,799	$	72,282
Americas (1)	17,008		18,646
Japan	10,242		10,101
Europe	17,253		16,435
Total revenues	$	126,302	$	117,464

(1) The revenues from the customers in the U.S. were $15.1 million and $16.1 million in the three months ended June 29, 2014 and June 30, 2013, respectively.

The Company utilizes global and regional distributors around the world, who buy product directly from the Company on behalf of their customers. No distributor accounted for 10% or more of Company's revenues in the three months ended June 29, 2014. One distributor, Avnet represented approximately 13% of the Company’s revenues for the three month periods ended June 30, 2013.

At June 29, 2014, two distributors represented approximately 15% and 13% of the Company’s gross accounts receivable. At March 30, 2014, four distributors represented approximately 15%, 15%, 12% and 11% 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 property, plant and equipment, net, are summarized below by geographic area: 

(in thousands)	June 29, 2014		March 30, 2014
United States	$	40,791	$	40,561
Canada	4,814		4,660
Malaysia	18,801		20,972
All other countries	1,535		3,634
Total property, plant and equipment, net	$	65,941	$	69,827