Segment Information (Tables)

9 Months Ended

Sep. 29, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Segment information is summarized as follows:

	Three Months Ended						Nine Months Ended
(in thousands)	September 29, 2018			September 30, 2017			September 29, 2018			September 30, 2017
Net sales
Electronics	$	296,472		$	175,899		$	860,240		$	499,052
Automotive	114,416			113,797			367,718			338,094
Industrial	28,303			28,193			88,229			79,539
Total net sales	$	439,191		$	317,889		$	1,316,187		$	916,685
Depreciation and amortization
Electronics	$	15,898		$	8,986		$	45,227		$	26,080
Automotive	5,891			5,622			17,830			16,572
Industrial	1,364			1,338			4,291			3,982
Other	3,105			—			8,712			—
Total depreciation and amortization	$	26,258		$	15,946		$	76,060		$	46,634
Operating income (loss)
Electronics	$	72,464		$	44,345		$	193,739		$	122,518
Automotive	10,863			16,821			44,965			47,599
Industrial	4,134			3,757			14,123			5,769
Other(a)	(11,233		)	(6,314		)	(79,406		)	(8,155		)
Total operating income	$	76,228		$	58,609		$	173,421		$	167,731
Interest expense	5,775			3,467			16,980			9,868
Foreign exchange loss (gain)	982			632			(6,372		)	(1,483		)
Other expense (income), net	1,259			(1,013		)	(2,362		)	(962		)
Income before income taxes	$	68,212		$	55,523		$	165,175		$	160,308

(a) Included in “Other” Operating income (loss) for the 2018third quarter is $11.2 million ($79.4 million year-to-date) of charges primarily related to IXYS acquisition, which include $36.9 million year-to-date of purchase accounting inventory step-up charges previously recorded during the first and second quarters of 2018, $2.5 million ($16.3 million year-to-date) in acquisition-related and integration costs primarily related to legal, accounting and other expenses, $3.1 million ($8.7 million year-to-date) in backlog amortization costs, $4.6 million ($9.4 million year-to-date) of severance and other restructuring charges, and $4.5 million year-to-date stock compensation expense recognized immediately upon close for converted IXYS options related to prior services periods. In addition, there were $1.0 million ($3.6 million year-to-date) of severance, other restructuring charges and acquisition-related expenses for other contemplated acquisitions which included $1.1 million year-to-date associated with the exit of the Custom business in the second quarter.

Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country

The Company’s long-lived assets by country, as of September 29, 2018 and December 30, 2017, were as follows:

(in thousands)	September 29, 2018		December 30, 2017
Long-lived assets
United States	$	66,098	$	23,490
China(a)	89,856		86,866
Mexico	69,395		62,510
Germany	37,281		1,082
Philippines	31,589		31,129
Other countries	49,664		45,500
Total long-lived assets	$	343,883	$	250,577

(a) Includes mainland China, Taiwan, and Hong Kong.

The Company’s additions to long-lived assets by country were as follows:

	Nine Months Ended
(in thousands)	September 29, 2018		September 30, 2017
Additions to long-lived assets
United States	$	5,636	$	2,752
China(a)	19,043		22,165
Mexico	14,089		15,041
Germany	5,917		67
Philippines	6,133		2,018
Other countries	5,128		6,427
Total additions to long-lived assets	$	55,946	$	48,470

(a) Includes mainland China, Taiwan, and Hong Kong.

The Company’s net sales by country are as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 29, 2018		September 30, 2017		September 29, 2018		September 30, 2017
Net sales
United States	$	125,867	$	103,233	$	386,980	$	290,538
China(a)	117,813		82,986		352,097		240,731
Other countries(b)	195,511		131,670		577,110		385,416
Total net sales	$	439,191	$	317,889	$	1,316,187	$	916,685

(a) Includes mainland China, Taiwan, and Hong Kong.

(b) Each country included in other countries are less than 10% of net sales.