Note 18 - Segment and Geographic Information

6 Months Ended

Sep. 28, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 18.       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 Industrial & Embedded Systems, High-End Consumer, and Infrastructure.

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 28, 2014		September 29, 2013		September 28, 2014		September 29, 2013
Industrial & Embedded Systems	$	19,656	$	17,943	$	38,523	$	34,441
High-End Consumer		16,199		105		19,623		351
Infrastructure		7,304		15,970		15,732		31,853
Total net sales	$	43,159	$	34,018	$	73,878	$	66,645

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 28, 2014		September 29, 2013		September 28, 2014		September 29, 2013
China	$	16,738	$	11,341	$	27,497	$	22,294
United States		5,012		11,572		11,239		22,040
Taiwan		5,826		911		7,236		1,793
Korea		5,126		544		7,254		1,526
Singapore		3,605		3,534		7,195		6,930
Germany		3,055		2,888		6,012		5,668
Rest of world		3,797		3,228		7,445		6,394
Total net sales	$	43,159	$	34,018	$	73,878	$	66,645

Substantially all of our long-lived assets at each of September 28, 2014 and September 29, 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 28, 2014			September 29, 2013			September 28, 2014			September 29, 2013
Distributor A		20	%		27	%		24	%		27	%
Distributor B		*			26	%		*			24	%
Distributor C		*			11	%		*			11	%
Customer C		11	%		*			*			*

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

No other distributor or customer accounted for 10% or more of the net sales for the three and six months ended September 28, 2014 or September 29, 2013, respectively.

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

	September 28, 2014			March 30, 2014
Distributor A		*			16	%
Distributor B		*			17	%
Distributor D		*			14	%
Distributor C		*			12	%
Customer C		13	%		*

*     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 28, 2014 or March 30, 2014, respectively.