Segment Information

3 Months Ended

Jun. 28, 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 frequency control solutions.

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

The tables below provide information about these segments:

Revenues by segment	Three Months Ended
(in thousands)	June 28, 2015		June 29, 2014
Communications	$	64,893	$	80,986
Computing and Consumer	96,014		45,316
Total revenues	$	160,907	$	126,302

Income by segment from continuing operations	Three Months Ended
(in thousands)	June 28, 2015			June 29, 2014
Communications	$	22,950		$	29,109
Computing and Consumer	24,269			(1,732		)
Unallocated expenses:
Amortization of intangible assets	(831		)	(2,549		)
Assets impairment and recoveries	(147		)	(2,302		)
Stock-based compensation expense	(7,867		)	(4,959		)
Severance, retention and facility closure costs	(921		)	(573		)
Interest income and other, net	1,702			368
Income from continuing operations, before income taxes	$	39,155		$	17,362

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
(in thousands)	June 28, 2015		June 29, 2014
APAC	$	117,585	$	81,799
Americas (1)	21,744		17,008
Japan	9,220		10,242
Europe	12,358		17,253
Total revenues	$	160,907	$	126,302

(1) The revenues from the customers in the U.S. were $20.7 million and $15.1 million in the three months ended June 28, 2015 and June 29, 2014, respectively.

The Company utilizes global and regional distributors around the world, that buy product directly from the Company on behalf of their customers. Two distributors, Uniquest and Avnet and its affiliates accounted for 21% and 15%, respectively, of the Company's revenues in the three months ended June 28, 2015. No distributor accounted for 10% or more of the Company's revenue for the three months ended June 29, 2014.

At June 28, 2015, three distributors represented approximately 15%, 11% and 10%, respectively, of the Company’s gross accounts receivable. At March 29, 2015, two distributors represented approximately 11% and 10%, respectively, of the Company’s gross accounts receivable.

The Company’s significant operations outside of the United States include test facility in Malaysia, design centers in 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)	June 28, 2015		March 29, 2015
United States	$	38,588	$	38,879
Canada	4,030		3,997
Malaysia	20,260		21,244
All other countries	1,543		1,388
Total property, plant and equipment, net	$	64,421	$	65,508