Segment Information

9 Months Ended

Jan. 01, 2022

Segment Reporting [Abstract]

Segment Information

Segment InformationThe Company designs, develops and markets programmable logic semiconductor devices and the related software design tools. The Company operates and tracks its results in one operating segment. The Company sells its products to OEMs and to electronic components distributors who resell these products to OEMs or subcontract manufacturers. Net revenues by geography for the periods indicated were as follows:

	Three Months Ended				Nine Months Ended
(In thousands)	January 1, 2022		January 2, 2021		January 1, 2022		January 2, 2021
North America	$	337,180	$	236,214	$	777,203	$	646,289
Asia Pacific	403,978		356,060		1,313,252		1,114,991
Europe	179,844		152,434		469,268		381,293
Japan	90,057		58,696		265,711		154,039
Total net revenues	$	1,011,059	$	803,404	$	2,825,434	$	2,296,612

Geographic revenue information for the third quarter and the first nine months of fiscal 2022 and 2021 reflects the geographic ship-to location of the distributors or OEMs who purchased the Company's products. This may differ from the geographic location of the end customers.

The Company's end market revenue data is derived from the understanding of end customers’ primary markets, which is based on reports provided by distributors and the Company's internal records. The Company classifies end markets into businesses with similar market drivers: Aerospace & Defense, Industrial and Test, Measurement & Emulation (AIT); Automotive, Broadcast & Consumer; Wired & Wireless; and Data Center. Additionally, revenue recognized from shipments to distributors but not yet subsequently sold to the end markets is classified as Channel Revenue. The Channel Revenue represents the difference between the shipments to distributors and what the distributors subsequently sold to the end customers within the same period.

	Three Months Ended				Nine Months Ended
(% of total net revenues)	January 1, 2022		January 02, 2021		January 1, 2022		January 02, 2021
AIT	46	%	45	%	41	%	44	%
Automotive, Broadcast and Consumer	19		19		20		16
Wired and Wireless	23		29		28		29
Data Center	11		7		10		11
Channel Revenue	1		—		1		—
Total net revenues	100	%	100	%	100	%	100	%