Note 15 - Segment and Geographic Information

12 Months Ended

Mar. 31, 2016

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

15

. Segment and Geographic Information

We have a single operating segment and reportable segment. We design develop, manufacture and market high performance semiconductor products. Our Chief Executive Officer and our President, together, have been identified as the chief operating decision makers. Our chief operating decision makers review financial information presented on one operating segment basis for the purpose of making decisions, allocating resources and assessing financial performance.

Our net revenues by major geographic areas (based on destination) were as follows (in thousands):

	Year Ended March 31,
	2016		2015		2014
United States	$	75,994	$	85,314	$	89,734
Europe and the Middle East
France		9,076		7,917		5,554
Germany		33,215		32,866		34,423
Hungary		2,082		2,571		3,620
Italy		4,328		4,645		4,506
Netherlands		3,608		2,315		2,080
Russia		4,755		5,051		2,821
Sweden		2,155		4,460		4,938
Switzerland		2,789		2,569		3,714
Turkey		2,376		2,658		2,323
United Kingdom		13,502		19,832		19,524
Other		14,437		15,223		15,546
Asia Pacific
China		79,575		83,597		83,849
Indonesia		2,128		3,224		1,914
Japan		9,271		8,469		6,740
Korea		23,215		22,371		19,466
Malaysia		4,662		5,580		3,766
Singapore		12,353		11,694		11,838
Taiwan		3,151		2,688		2,962
Thailand		3,904		4,300		3,031
Other		2,083		1,143		2,075
Rest of the World
India		4,293		5,163		5,245
Other		4,257		5,117		6,661
Total	$	317,209	$	338,767	$	336,330

The following table sets forth net revenues for each of our product groups fiscal 2016, 2015 and 2014 (in thousands):

	Year Ended March 31,
	2016		2015		2014
Power semiconductors	$	213,347	$	219,445	$	222,813
Integrated circuits		84,078		95,547		91,189
Systems and RF power semiconductors		19,784		23,775		22,328
Total	$	317,209	$	338,767	$	336,330

In fiscal 2016, 2015 and 2014, one distributor accounted for 12.2%, 10.2% and 10.8% of our net revenues, respectively. In fiscal 2015, another distributor accounted for 10.5% of our net revenues.

Our principal foreign operations consist of our subsidiaries, IXYS GmbH in Germany, IXYS UK in the United Kingdom and IXYS Semiconductor BV in The Netherlands. The following table summarizes the net revenues, net income and long-lived assets of our domestic and foreign operations (in thousands):

	Year Ended March 31,
	2016		2015		2014
Net revenues:
Foreign	$	159,984	$	188,964	$	167,428
Domestic		157,225		149,803		168,902
	$	317,209	$	338,767	$	336,330
Net income:
Foreign	$	11,039	$	21,379	$	4,087
Domestic		3,702		2,361		1,959
	$	14,741	$	23,740	$	6,046

	Year Ended March 31,
	2016		2015		2014
Property, plant and equipment, net:
United States	$	26,792	$	27,740	$	27,287
Germany		14,506		13,228		21,697
Other countries		1,325		1,577		1,585
Total property, plant and equipment	$	42,623	$	42,545	$	50,569