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Segment Information (Tables)
6 Months Ended
Jul. 30, 2017
Segment Reporting Information [Line Items]  
Net Sales by Segment
Net sales by segment are as follows:
 
Three Months Ended
 
Six Months Ended
(in thousands)
July 30, 2017
 
July 31, 2016
 
July 30, 2017
 
July 31, 2016
Semiconductor Products Group
$
153,127

 
$
135,911

 
$
296,929

 
$
266,851

All others

 

 

 
205

Total
$
153,127

 
$
135,911

 
$
296,929

 
$
267,056

Income by Segment and Reconciliation to Consolidated Operating Income
Income by segment and reconciliation to consolidated operating income:
 
Three Months Ended
 
Six Months Ended
(in thousands)
July 30, 2017
 
July 31, 2016
 
July 30, 2017
 
July 31, 2016
Semiconductor Products Group
$
42,856

 
$
32,497

 
$
82,078

 
$
59,954

All others

 
(1,915
)
 

 
(2,476
)
   Operating income by segment
42,856

 
30,582

 
82,078

 
57,478

Items to reconcile segment operating income to consolidated income before taxes
 
 
 
 
 
 
 
Intangible amortization
6,675

 
6,328

 
12,961

 
12,731

Share-based compensation
15,525

 
6,097

 
28,810

 
11,804

Changes in the fair value of contingent earn-out obligations

 
(129
)
 

 
(162
)
Restructuring charges

 

 
429

 

Other non-segment related expenses
1,764

 
1,551

 
2,540

 
2,793

Amortization of fair value adjustments related to acquired property, plant and equipment

 
308

 
190

 
617

Interest expense, net
2,029

 
2,037

 
4,075

 
3,967

Non-operating expense, net
204

 
136

 
836

 
181

Income before taxes
$
16,659

 
$
14,254

 
$
32,237

 
$
25,547

Net Sales Activity By Product Line
The table below provides net sales activity by product line on a comparative basis:
 
Three Months Ended
 
Six Months Ended
(in thousands, except percentages)
July 30, 2017
 
July 31, 2016
 
July 30, 2017
 
July 31, 2016
Signal Integrity
$
66,666

 
44
 %
 
$
63,313

 
47
%
 
$
134,724

 
46
 %
 
$
133,195

 
50
%
Protection
45,058

 
29
 %
 
36,476

 
27
%
 
87,307

 
29
 %
 
68,046

 
25
%
Wireless and Sensing
33,221

 
22
 %
 
20,837

 
15
%
 
61,231

 
21
 %
 
36,444

 
14
%
Power and High-Reliability
11,379

 
7
 %
 
15,285

 
11
%
 
22,144

 
7
 %
 
29,166

 
11
%
Systems Innovation

 
 %
 

 
%
 

 
 %
 
205

 
%
Other: Warrant Shares
(3,197
)
 
(2
)%
 

 
%
 
(8,477
)
 
(3
)%
 

 
%
Total net sales
$
153,127

 
100
 %
 
$
135,911

 
100
%
 
$
296,929

 
100
 %
 
$
267,056

 
100
%
Net Sales Activity By Geographic Region
Net sales activity by geographic region is as follows:
 
Three Months Ended
 
Six Months Ended
 
July 30, 2017
 
July 31, 2016
 
July 30, 2017
 
July 31, 2016
Asia-Pacific
73
 %
 
73
%
 
75
 %
 
75
%
North America
21
 %
 
19
%
 
21
 %
 
16
%
Europe
8
 %
 
8
%
 
7
 %
 
9
%
Other: Warrant Shares
(2
)%
 
%
 
(3
)%
 
%
 
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 Ended
 
Six Months Ended
(percentage of total sales)
July 30, 2017
 
July 31, 2016
 
July 30, 2017
 
July 31, 2016
China (including Hong Kong)
49
%
 
44
%
 
50
%
 
46
%
United States
9
%
 
12
%
 
9
%
 
11
%