Note 18 - Segment and Geographic Information

9 Months Ended

Dec. 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				Nine Months Ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013
Industrial & Embedded Systems	$	20,506	$	18,429	$	59,029	$	52,870
High-End Consumer		16,202		68		35,825		419
Infrastructure		7,607		12,193		23,339		44,046
Total net sales	$	44,315	$	30,690	$	118,193	$	97,335

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				Nine Months Ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013
China	$	17,089	$	11,566	$	44,586	$	33,860
United States		6,070		9,285		17,309		31,325
Taiwan		5,496		413		12,732		2,206
Korea		4,666		1,038		11,920		2,564
Singapore		4,076		3,138		11,271		10,068
Germany		2,008		2,456		8,020		8,124
Rest of world		4,910		2,794		12,355		9,188
Total net sales	$	44,315	$	30,690	$	118,193	$	97,335

Substantially all of our long-lived assets at each of December 28, 2014 and December 29, 2013 were located in the United States.

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

	Three Months Ended				Nine Months Ended
	December 28, 2014		December 29, 2013		December 28, 2014		December 29, 2013
Distributor A		19%		26%		22%		26%
Distributor B		*		21%		*		23%
Distributor C		*		13%		*		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 nine months ended December 28, 2014 or December 29, 2013, respectively.

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

	December 28, 2014		March 30, 2014
Distributor A		*		16%
Distributor B		12%		17%
Distributor C		11%		12%
Distributor D		*		14%
Distributor F		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 December 28, 2014 or March 30, 2014, respectively.