Accounts Receivable, Net and Significant Customers

3 Months Ended

Mar. 27, 2015

Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]

Accounts Receivable, Net and Significant Customers

Accounts Receivable, Net and Significant Customers

Accounts receivable, net consisted of the following:

(In thousands)	March 27, 2015			December 31, 2014
Gross accounts receivable	$	434,190		$	380,442
Allowance for doubtful accounts	(500		)	(500		)
Allowance for sales returns	—			(1,978		)
Accounts receivable, net	$	433,690		$	377,964

We sell our products to original equipment manufacturers ("OEMs") and to electronic components distributors who resell these products to OEMs, or their contract manufacturers. Net sales by customer type and net sales to significant customers were as follows:

	Three Months Ended
(Percentage of Net Sales)	March 27, 2015		March 28, 2014
Sales to distributors	73	%	74	%
Sales to OEMs	27	%	26	%
	100	%	100	%
Significant Distributors(1):
Arrow Electronics, Inc. ( “Arrow”)	41	%	38	%
Macnica, Inc. (“Macnica”)	20	%	24	%

(1) Except as presented above, no other distributor accounted for greater than 10% of our net sales for the three months ended March 27, 2015 or March 28, 2014.

For the quarterly periods ended March 27, 2015 and March 28, 2014, one OEM accounted for 12% and 11%, respectively, of our net sales. No other individual OEM accounted for more than 10% of our net sales for the quarterly periods ended March 27, 2015 or March 28, 2014.

As of March 27, 2015, accounts receivable from Arrow and Macnica individually accounted for approximately 30% and 50%, respectively, of our total accounts receivable. As of December 31, 2014, accounts receivable from Arrow and Macnica individually accounted for approximately 34% and 47%, respectively, of our total accounts receivable. No other distributor or OEM accounted for more than 10% of our accounts receivable as of March 27, 2015 or December 31, 2014.