Note 17 - Segment and Geographic Information

6 Months Ended

Sep. 29, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

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 Systems, and Communications Infrastructure markets. Our product portfolio includes power management and connectivity components, communications products, and data compression and storage solutions.

Our net sales by end market were summarized as follows as of the dates indicated below (in thousands):

	Three Months Ended				Six Months Ended
	September 29, 2013		September 30, 2012		September 29, 2013		September 30, 2012
Industrial & Embedded Systems	$	17,943	$	15,923	$	34,441	$	32,011
Networking & Storage		10,273		7,656		20,180		14,091
Communications Infrastructure		5,697		6,737		11,673		13,465
Other		105		306		351		306
Total net sales	$	34,018	$	30,622	$	66,645	$	59,873

Our foreign operations are conducted primarily through our wholly-owned subsidiaries in Canada, China, France, Germany, Japan, Malaysia, 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				Six Months Ended
	September 29, 2013		September 30, 2012		September 29, 2013		September 30, 2012
United States	$	11,572	$	8,083	$	22,040	$	14,276
China		11,341		10,720		22,294		20,709
Singapore		3,534		3,280		6,930		7,316
Germany		2,888		3,165		5,668		6,203
Japan		1,613		1,387		2,839		2,868
Europe (excluding Germany)		836		1,438		1,525		2,543
Rest of world		2,234		2,549		5,349		5,958
Total net sales	$	34,018	$	30,622	$	66,645	$	59,873

Substantially all of our long-lived assets at each of September 29, 2013 and March 31, 2013 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				Six Months Ended
	September 29, 2013		September 30, 2012		September 29, 2013		September 30, 2012
Distributor A		27%		30%		27%		32%
Distributor B		26%		11%		24%		10%
Distributor C		11%		10%		11%		10%

No other distributor or customer accounted for 10% or more of the net sales for the three and six months ended September 29, 2013 and September 30, 2012, respectively.

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

	September 29, 2013		March 31, 2013
Distributor A		16%		21%
Distributor B		39%		20%
Distributor D		*		11%

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

No other distributor or customer accounted for 10% or more of the net accounts receivable as of September 29, 2013 and March 31, 2013, respectively.