XML 47 R36.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Tables)
 9 Months Ended
Oct. 25, 2020
Segment Reporting [Abstract]  
Net Sales by Segment
Net sales by segment were as follows:
Three Months EndedNine Months Ended
(in thousands)October 25, 2020October 27, 2019October 25, 2020October 27, 2019
Semiconductor Products Group$154,082 $141,011 $430,444 $409,511 
Total$154,082 $141,011 $430,444 $409,511 
Income by Segment and Reconciliation to Consolidated Operating Income
The following table presents a reconciliation of operating income by segment to consolidated income before taxes. Historical amounts have been adjusted to conform to the current presentation:
Three Months EndedNine Months Ended
(in thousands)October 25, 2020October 27, 2019October 25, 2020October 27, 2019
Semiconductor Products Group$37,668 $33,904 $100,584 $94,037 
   Operating income by segment37,668 33,904 100,584 94,037 
Items to reconcile segment operating income to consolidated income before taxes:
Share-based compensation13,538 13,055 36,103 37,458 
Intangible amortization1,798 3,770 6,658 12,821 
Investment impairments and credit loss reserves335 — 5,450 — 
Changes in the fair value of contingent earn-out obligations— (152)(33)(2,313)
Restructuring and other reserves— — 502 2,711 
Litigation cost, net of recoveries558 205 809 930 
Transaction and integration related292 (851)539 617 
Interest expense1,008 2,183 3,819 7,247 
Non-operating expense (income), net236 (644)(11)(2,900)
Income before taxes and equity in net gains of equity method investments$19,903 $16,338 $46,748 $37,466 
Net Sales Activity By Product Line
The table below provides net sales activity by product line on a comparative basis:
Three Months EndedNine Months Ended
(in thousands, except percentages)October 25, 2020October 27, 2019October 25, 2020October 27, 2019
Signal Integrity$61,553 40 %$58,563 42 %$193,127 44 %$163,913 40 %
Wireless and Sensing51,145 33 %42,287 30 %122,933 29 %126,190 31 %
Protection41,384 27 %40,161 28 %114,384 27 %119,408 29 %
Total net sales$154,082 100 %$141,011 100 %$430,444 100 %$409,511 100 %
Schedule of Revenue from External Customers by Sales Channel
(in thousands, except percentages)Three Months EndedNine Months Ended
October 25, 2020October 27, 2019October 25, 2020October 27, 2019
Distributor$125,610 82 %$107,383 76 %$346,103 80 %$287,642 70 %
Direct28,472 18 %33,628 24 %84,341 20 %121,869 30 %
Total net sales$154,082 100 %$141,011 100 %$430,444 100 %$409,511 100 %
Net Sales Activity By Geographic Region
Net sales activity by geographic region was as follows:
 Three Months EndedNine Months Ended
(percentage of total net sales)October 25, 2020October 27, 2019October 25, 2020October 27, 2019
Asia-Pacific80 %75 %80 %76 %
North America12 %16 %12 %15 %
Europe8 %9 %8 %9 %
100 %100 %100 %100 %
Summary Of Sales Activity To Countries That Represented Greater Than 10% Of Total Net Sales The table below summarizes sales activity to countries that represented greater than 10% of total net sales for at least one of the periods presented:
 Three Months EndedNine Months Ended
(percentage of total net sales)October 25, 2020October 27, 2019October 25, 2020October 27, 2019
China (including Hong Kong)58 %50 %59 %52 %
United States10 %10 %10 %10 %