SEGMENT AND GEOGRAPHIC INFORMATION

9 Months Ended

Dec. 30, 2012

SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 17.       SEGMENT AND GEOGRAPHIC INFORMATION

We operate in one reportable segment, which is comprised of one operating segment. We design, develop and market high performance analog mixed-signal integrated circuits and advanced sub-system solutions for the Networking & Storage, Industrial & Embedded, and Communications Infrastructure markets. The nature of our products and production processes and the type of customers and distribution methods are consistent among all of our products.

Our net sales by product line for the periods indicated below were as follows (in thousands):

	Three Months Ended				Nine Months Ended
	December 30, 2012		January 1, 2012		December 30, 2012		January 1, 2012
Connectivity	$	17,365	$	15,393	$	49,745	$	53,220
Power management		6,059		6,618		19,454		21,745
Data compression and security		5,084		4,260		13,311		13,113
Communications		2,491		3,408		8,362		14,699
Total net sales	$	30,999	$	29,679	$	90,872	$	102,777

Our foreign operations are conducted primarily through our wholly-owned subsidiaries in Canada, China, France, Germany, Italy, Japan, Malaysia, Singapore, South Korea, Taiwan and the United Kingdom. Our principal markets include North America, Europe and the Asia Pacific region. Net sales by geographic areas represent direct sales principally to original equipment manufacturers (“OEM”), or their designated subcontract manufacturers, and to distributors (affiliated and unaffiliated) who buy our products and resell to their customers.

Our net sales by geographic area for the periods indicated below were as follows (in thousands):

	Three Months Ended				Nine Months Ended
	December 30, 2012		January 1, 2012		December 30, 2012		January 1, 2012
China	$	10,749	$	8,747	$	31,458	$	34,055
United States		8,711		9,067		22,987		27,558
Singapore		3,245		3,331		10,561		10,826
Germany		2,662		2,548		8,865		10,257
Japan		1,499		1,672		4,367		4,713
Europe (excluding Germany)		1,111		1,138		3,654		4,486
Rest of world		3,022		3,176		8,980		10,882
Total net sales	$	30,999	$	29,679	$	90,872	$	102,777

Substantially all of our long-lived assets at each of December 30, 2012 and April 1, 2012 were located in the United States.

The following distributors and customer accounted for 10% or more of our net sales in the periods indicated:

	Three Months Ended						Nine Months Ended
	December 30, 2012			January 1, 2012			December 30, 2012			January 1, 2012
Distributor A		28	%		30	%		30	%		30	%
Distributor B		10	%		11	%		10	%		11	%
Distributor C		10	%		10	%		10	%			*
Customer A		12	%			*			*			*

* Net sales for this distributor or customer for this period were less than 10% of our net sales.

No other customer or distributor accounted for 10% or more of the net sales for the three and nine months ended December 30, 2012 and January 1, 2012, respectively.

The following distributors accounted for 10% or more of our net accounts receivable as of the dates indicated:

	December 30, 2012			April 1, 2012
Distributor A		18	%		29	%
Distributor B			*		14	%
Distributor D		10	%		10	%
Customer A		16	%			*

* Accounts receivable for this distributor or customer for this period were less than 10% of total account balance.

No other customer or distributor accounted for 10% or more of the net accounts receivable as of December 30, 2012 and April 1, 2012, respectively.