Geographic Information And Concentration Of Risk

9 Months Ended

Oct. 30, 2011

Geographic Information And Concentration Of Risk [Abstract]

Geographic Information And Concentration Of Risk

Note 12: Geographic Information and Concentration of Risk

The Company operates exclusively in the semiconductor industry and primarily within the analog and mixed-signal sector.

Net sales activity by geographic region is as follows:

	Three Months Ended						Nine Months Ended
	October 30, 2011			October 31, 2010			October 30, 2011			October 31, 2010
North America		22	%		24	%		24	%		25	%
Asia-Pacific		63	%		62	%		62	%		57	%
Europe		15	%		14	%		14	%		18	%
		100	%		100	%		100	%		100	%

The Company generally attributes sales to a country based on the ship-to address. The table below summarizes sales activity to countries that represented greater than 10% of total sales:

	Three Months Ended						Nine Months Ended
(percentage of total sales)	October 30, 2011			October 31, 2010			October 30, 2011			October 31, 2010
United States		18	%		21	%		21	%		21	%
China (including Hong Kong)		37	%		36	%		37	%		33	%
South Korea											12	%

Income (loss) from continuing operations before income taxes is as follows:

	Three Months Ended						Nine Months Ended
(in thousands)	October 30, 2011			October 31, 2010			October 30, 2011		October 31, 2010
Domestic	$	(7,895	)	$	(10,263	)	$	3,080	$	(10,598	)
Foreign		31,859			27,780			78,757		64,316
Total	$	23,964		$	17,517		$	81,837	$	53,718

Domestic income (loss) from continuing operations include amortization of acquired intangible assets, litigation expenses and higher levels of stock-based compensation compared to foreign operations.

Sales to the Company's customers are generally made on open account, subject to credit limits the Company may impose, and the receivables are subject to the risk of being uncollectible.

Each of the following significant customers accounted for at least 10% of our net sales for the periods indicated:

	Three Months Ended						Nine Months Ended
	October 30, 2011			October 31, 2010			October 30, 2011			October 31, 2010
Samsung Electronics (and affiliates)		14	%		12	%		13	%		13	%
Frontek Technology Corp		10	%		10	%		11	%		11	%
Huawei Technologies (and affiliates)					10	%

The following table shows the list of customers that have an outstanding receivable balance that represents at least 10% of our total net receivables for the periods indicated:

	Balance as of
	October 30, 2011			January 30, 2011
Samsung Electronics (and affiliates)		11	%		15	%
Frontek Technology Corp					12	%

Outside Subcontractors and Suppliers

The Company relies on a limited number of outside subcontractors and suppliers for the production of silicon wafers, packaging and certain other tasks. Disruption or termination of supply sources or subcontractors, due to natural disasters such as the recent earthquake and Tsunami in Japan and floods in Thailand or other causes, could delay shipments and could have a material adverse effect on the Company. Although there are generally alternate sources for these materials and services, qualification of the alternate sources could cause delays sufficient to have a material adverse effect on the Company. Several of the Company's outside subcontractors and suppliers, including third-party foundries that supply silicon wafers, are located in foreign countries, including China, Taiwan, Singapore, Thailand, Malaysia, the Philippines, Germany, Japan, Israel and Canada. The Company's largest source of silicon wafers is an outside foundry located in China and a significant amount of the Company's assembly and test operations are conducted by third-party contractors in China, Malaysia, Thailand and the Philippines.