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Note 19 - Segment and Geographic Information
12 Months Ended
Mar. 29, 2015
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]

NOTE 19.    SEGMENT AND GEOGRAPHIC INFORMATION


Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or group, in deciding how to allocate resources and in assessing performance.


Our chief operating decision maker, the chief executive officer, reviews financial information presented on a consolidated basis for purposes of regularly making operating decisions and assessing financial performance. Accordingly, Exar considers itself to be 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 and Embedded Systems, High-End Consumer and Infrastructure markets.


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


   

Fiscal Years Ended

 
   

March 29,

2015

   

March 30,

2014

   

March 31,

2013

 

Industrial & Embedded Systems

  $ 79,050     $ 72,458     $ 63,396  

High-End Consumer

    51,897       462       928  

Infrastructure

    31,103       52,402       57,702  

Total net sales

  $ 162,050     $ 125,322     $ 122,026  

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 OEMs, 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):


   

Fiscal Years Ended

 
   

March 29,

2015

   

March 30,

2014

   

March 31,

2013

 

China

  $ 62,085     $ 43,537     $ 41,118  

United States

    23,479       37,079       32,322  

Taiwan

    17,955       3,397       4,347  

Korea

    15,833       3,337       3,346  

Singapore

    15,361       13,397       13,827  

Germany

    11,257       11,270       11,692  

Rest of world

    16,080       13,305       15,374  

Total net sales

  $ 162,050     $ 125,322     $ 122,026  

Substantially all of our long-lived assets at March 29, 2015 and March 30, 2014 were located in the United States.


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


   

Fiscal Years Ended

 
   

March 29,

2015

   

March 30,

2014

   

March 31,

2013

 

Distributor A

    22

%

    27

%

    30

%

Distributor B

    *

%

    21

%

    11

%

Distributor C

    *

%

    12

%

    10

%


*     Net sales for this distributor 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 in fiscal years 2015, 2014 and 2013, respectively.


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


   

March 29,

2015

   

March 30,

2014

 

Distributor E

    12 %     *  

Distributor B

    11 %     17 %

Distributor D

    10 %     14 %

Customer D

    10 %     *  

Distributor A

    *       16 %

Distributor C

    *       12 %

—————


*     Net accounts receivable for this distributor for this period were less than 10% of our net accounts receivables.


No other distributor or customer accounted for 10% or more of the net accounts receivable as of March 29, 2015 and March 30, 2014, respectively.