Segment Information

12 Months Ended

Mar. 29, 2015

Segment Reporting [Abstract]

Segment Information

Segment Information

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

The Company's 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 (divested in the third quarter of fiscal 2014).

The tables below provide information about these segments:

Revenues by segment	Fiscal Year Ended
(in thousands)	March 29, 2015		March 30, 2014		March 31, 2013
Communications	$	313,630	$	292,435	$	258,184
Computing and Consumer	259,275		192,344		226,268
Total revenues	$	572,905	$	484,779	$	484,452

The Company utilizes global and regional distributors around the world, that buy product directly from the Company on behalf of their customers. Sales through a distributor, Uniquest, represented approximately 16% and 10%, of the Company's revenues in fiscal 2015 and 2013, respectively. Sales through a distributor, Avnet and its affiliates, represented approximately 11%, 12% and 10% of the Company’s revenues in fiscal 2015, 2014 and 2013, respectively. Sales through a distributor, Maxtek and its affiliates, represented approximately 13% of the Company’s revenues in fiscal 2013. Each of these distributors serves customers within both of the Company's reportable segments.

At March 29, 2015, two distributors represented approximately 11% and 10%, respectively of the Company's account receivable. At March 30, 2014, two distributors represented approximately 15% and 14%, respectively, of the Company's account receivable.

Income (Loss) by segment from continuing operations	Fiscal Year Ended
(in thousands)	March 29, 2015			March 30, 2014			March 31, 2013
Communications	$	116,018		$	103,457		$	78,995
Computing and Consumer	29,301			(22,658		)	(30,972		)
Unallocated expenses:
Amortization of intangible assets	(6,573		)	(21,964		)	(16,339		)
Inventory fair market value adjustment	—			—			(358		)
Impairment of acquired in-process R&D	—			(2,433		)	—
Gain on divestitures	—			78,632			7,986
Asset impairment and other	(2,968		)	(4,113		)	(6,096		)
Stock-based compensation	(22,453		)	(12,677		)	(13,054		)
Severance, retention and facility closure costs	(1,250		)	(6,590		)	(5,584		)
Acquisition-related income (costs) and other	125			(802		)	(11,238		)
Consulting expenses related to stockholder activities	—			—			(1,614		)
Deferred compensation plan expense (benefit)	(50		)	51			(194		)
Life insurance proceeds received	—			—			2,313
Other-than-temporary loss on investments	—			—			(1,708		)
Interest income and other, net	3,788			1,391			(1,546		)
Income from continuing operations, before income taxes	$	115,938		$	112,294		$	591

The Company does not allocate goodwill and intangible assets impairment charge, IPR&D, 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:

	Fiscal Year Ended
(in thousands)	March 29, 2015		March 30, 2014		March 31, 2013
APAC	$	402,694	$	309,121	$	308,409
Americas (1)	68,373		71,305		76,876
Japan	39,519		40,829		40,281
Europe	62,319		63,524		58,886
Total revenues	$	572,905	$	484,779	$	484,452

(1) Revenues from the customers in the U.S. were $61.7 million, $63.1 million and $69.6 million in fiscal 2015, 2014 and 2013, respectively.

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

(in thousands)	March 29, 2015		March 30, 2014
United States	$	38,879	$	40,561
Canada	3,997		4,660
Malaysia	21,244		20,972
All other countries	1,388		3,634
Total property, plant and equipment, net	$	65,508	$	69,827