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Note 15 - Segment and Geographic Information
12 Months Ended
Mar. 31, 2017
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
two
Chief Executive Officers,
one
of whom is also the Chief Financial Officer, have been identified as the chief operating decision makers. Our chief operating decision makers review financial information presented as
one
operating segment for the purpose of making decisions, allocating resources and assessing financial performance.
 
Our net revenues by major geographic area (based on destination) were as follows (in thousands):
 
 
 
Year Ended March 31,
 
 
 
2017
 
 
2016
 
 
2015
 
United States
  $
81,499
    $
75,994
    $
85,314
 
Europe and the Middle East:
                       
Austria
   
2,313
     
1,836
     
2,290
 
Finland
   
2,178
     
1,899
     
1,669
 
France
   
9,553
     
9,076
     
7,917
 
Germany
   
37,919
     
33,215
     
32,866
 
Hungary
   
1,942
     
2,082
     
2,571
 
Italy
   
4,091
     
4,328
     
4,645
 
Netherlands
   
4,488
     
3,608
     
2,315
 
Russia
   
1,263
     
4,773
     
5,051
 
Sweden
   
1,694
     
2,155
     
4,460
 
Switzerland
   
2,311
     
2,789
     
2,569
 
Turkey
   
1,929
     
2,376
     
2,658
 
United Kingdom
   
14,042
     
13,502
     
19,832
 
Other
   
10,097
     
10,700
     
11,259
 
Asia Pacific:
                       
China
   
84,447
     
79,575
     
83,597
 
Indonesia
   
2,160
     
2,128
     
3,224
 
Japan
   
6,995
     
9,271
     
8,469
 
Malaysia
   
4,692
     
4,662
     
5,580
 
Singapore
   
13,509
     
12,353
     
11,694
 
South Korea
   
19,282
     
23,215
     
22,371
 
Taiwan
   
2,051
     
3,151
     
2,688
 
Thailand
   
3,547
     
3,904
     
4,300
 
Other
   
1,557
     
1,929
     
1,148
 
Rest of the World:
                       
India
   
4,315
     
4,293
     
5,163
 
Other
   
4,249
     
4,395
     
5,117
 
Total
  $
322,123
    $
317,209
    $
338,767
 
 
The following table sets forth net revenues for each of our product groups during fiscal
2017,
2016
and
2015
(in thousands):
 
 
 
Year Ended March 31,
 
 
 
2017
 
 
2016
 
 
2015
 
Power semiconductors
  $
221,312
    $
213,347
    $
219,445
 
Integrated circuits
   
82,067
     
84,078
     
95,547
 
Systems and RF power semiconductors
   
18,744
     
19,784
     
23,775
 
Total
  $
322,123
    $
317,209
    $
338,767
 
 
     Revenue from significant customers, those representing
10%
or more of total revenue for the respective periods, is summarized as follows:
 
 
 
Year Ended March 31,
 
 
 
2017
 
 
2016
 
 
2015
 
Revenues:
                       
Distributor A
   
12.3
%    
12.2
%    
10.2
%
Distributor B
   
10.8
%    
less than 10
%    
10.5
%
 
 
 
 
 
 
 
 
     Accounts receivable from significant customers, those representing
10%
or more of accounts receivable for the respective dates, is summarized as follows:
 
 
 
March 31,
 
 
 
2017
 
 
2016
 
Accounts Receivable:
               
Distributor A
   
15.2
%    
18.2
%
Distributor C
   
10.5
%    
less than 10
%
 
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,
 
 
 
2017
 
 
2016
 
 
2015
 
Net revenues:
                       
Foreign
  $
148,159
    $
159,984
    $
188,964
 
Domestic
   
173,964
     
157,225
     
149,803
 
Total
  $
322,123
    $
317,209
    $
338,767
 
                         
Net income:
                       
Foreign
  $
17,172
    $
11,039
    $
21,379
 
Domestic
   
4,176
     
3,702
     
2,361
 
Total
  $
21,348
    $
14,741
    $
23,740
 
 
 
 
March 31,
 
 
 
2017
 
 
2016
 
 
2015
 
Property, plant and equipment, net:
     
 
     
 
 
United States
  $
25,284
    $
26,792
    $
27,740
 
Germany
   
15,594
     
14,506
     
13,228
 
Other countries
   
1,362
     
1,325
     
1,577
 
Total property, plant and equipment, net
  $
42,240
    $
42,623
    $
42,545