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Segment Information | 12 Months Ended
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Dec. 30, 2017
Segment Reporting [Abstract] |
Segment Information | 8. Segment Information The Company has identified five reportable segments for external reporting purposes – auto, aviation, marine, outdoor and fitness. There are two operating segments (auto PND and auto OEM) that are not reported separately but aggregated within the auto reportable segment. Each operating segment is individually reviewed and evaluated by the Chief Operating Decision Maker (CODM), who allocates resources and assesses performance of each segment individually. All of the Company’s reportable segments offer products through the Company’s network of independent dealers and distributors as well as through OEMs. However, the nature of products and types of customers for the five reportable segments vary. The Company’s marine, auto, outdoor, and fitness segments include portable global positioning system (GPS) receivers and accessories sold primarily to retail outlets. These products are produced primarily by the Company’s subsidiary in Taiwan. The Company’s aviation products are portable and panel mount avionics for Visual Flight Rules and Instrument Flight Rules navigation and are sold primarily to aviation dealers and certain aircraft manufacturers. The Company’s Chief Executive Officer has been identified as the CODM. The CODM uses operating income as the measure of profit or loss to assess segment performance and allocate resources. Operating income represents net sales less costs of goods sold and operating expenses, including certain allocated general and administrative costs. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. There are no inter-segment sales or transfers. The Company’s reportable segments share many common resources, infrastructures and assets in the normal course of business. Thus, the Company does not report accounts receivable, inventories, property and equipment, intangible assets, or capital expenditures by segment to the CODM. Revenues, gross profit, and operating income for each of the Company’s reportable segments are presented below. In 2016 the Company moved action camera related revenue and expenses from the outdoor segment to the auto segment, allowing for alignment and synergies with other camera-based efforts occurring within the auto segment. The overall impact of the move was immaterial. However, action camera related operating results for the 52-weeks ended December 26, 2015 has been recast to conform to the 2017 and 2016 presentation.
|  | Reportable Segments |
52-Weeks Ended December 30, 2017 |  | Outdoor |  |  | Fitness |  |  | Marine |  |  | Auto |  |  | Aviation |  |  | Total |
Net sales |  | $ | 698,867 |  |  | $ | 762,194 |  |  | $ | 374,001 |  |  | $ | 750,583 |  |  | $ | 501,359 |  |  | $ | 3,087,004 |
Gross profit |  |  | 448,410 |  |  |  | 422,636 |  |  |  | 212,592 |  |  |  | 327,921 |  |  |  | 371,605 |  |  |  | 1,783,164 |
Operating income |  |  | 249,867 |  |  |  | 146,765 |  |  |  | 50,328 |  |  |  | 67,967 |  |  |  | 153,933 |  |  |  | 668,860 |
53-Weeks Ended December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 546,326 |  |  | $ | 818,486 |  |  | $ | 331,947 |  |  | $ | 882,558 |  |  | $ | 439,348 |  |  | $ | 3,018,665 |
Gross profit |  |  | 340,504 |  |  |  | 437,205 |  |  |  | 183,709 |  |  |  | 388,747 |  |  |  | 329,405 |  |  |  | 1,679,570 |
Operating income |  |  | 184,035 |  |  |  | 160,596 |  |  |  | 52,167 |  |  |  | 102,347 |  |  |  | 124,764 |  |  |  | 623,909 |
52-Weeks Ended December 26, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 411,184 |  |  | $ | 661,599 |  |  | $ | 286,778 |  |  | $ | 1,062,091 |  |  | $ | 398,618 |  |  | $ | 2,820,270 |
Gross profit |  |  | 254,878 |  |  |  | 366,139 |  |  |  | 158,493 |  |  |  | 464,480 |  |  |  | 294,714 |  |  |  | 1,538,704 |
Operating income |  |  | 139,070 |  |  |  | 134,574 |  |  |  | 28,611 |  |  |  | 136,069 |  |  |  | 111,257 |  |  |  | 549,581 |
Net sales, long-lived assets (property and equipment), and net assets by geographic area are as shown below for the years ended December 30, 2017, December 31, 2016, and December 26, 2015. Note that APAC refers to the Asia Pacific region, and EMEA includes Europe, the Middle East and Africa.
|  | Americas |  |  | APAC |  |  | EMEA |  |  | Total |
December 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers (1) |  | $ | 1,475,661 |  |  | $ | 436,188 |  |  | $ | 1,175,155 |  |  | $ | 3,087,004 |
Property and equipment, net |  |  | 381,974 |  |  |  | 173,392 |  |  |  | 40,318 |  |  |  | 595,684 |
Net assets (2) |  |  | 2,325,569 |  |  |  | 982,898 |  |  |  | 493,999 |  |  |  | 3,802,466 |
December 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers (1) |  | $ | 1,518,934 |  |  | $ | 386,549 |  |  | $ | 1,113,182 |  |  | $ | 3,018,665 |
Property and equipment, net |  |  | 300,158 |  |  |  | 144,470 |  |  |  | 38,250 |  |  |  | 482,878 |
Net assets (2) |  |  | 2,153,161 |  |  |  | 933,999 |  |  |  | 330,843 |  |  |  | 3,418,003 |
December 26, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers (1) |  | $ | 1,469,243 |  |  | $ | 337,888 |  |  | $ | 1,013,139 |  |  | $ | 2,820,270 |
Property and equipment, net |  |  | 294,234 |  |  |  | 111,700 |  |  |  | 40,154 |  |  |  | 446,089 |
Net assets (2) |  |  | 2,110,108 |  |  |  | 921,410 |  |  |  | 313,608 |  |  |  | 3,345,126 |
(1) The U.S. is the only country which constitutes greater than 10% of net sales to external customers. (2) Americas and APAC net assets are primarily held in the United States and Taiwan, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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