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Revenue and Segment Information | 9 Months Ended
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Sep. 28, 2018
Segment Reporting [Abstract] |
Revenue and Segment Information | Note 2: Revenue and Segment Information The Company is organized into three operating and reporting segments consisting of the Power Solutions Group, the Analog Solutions Group and the Intelligent Sensing Group. Each of the Company’s major product lines has been examined and assigned to a reporting segment based on the Company’s operating strategy. Because many products are sold into different end-markets, the total revenue reported for a segment is not indicative of actual sales in the end-market associated with that segment, but rather is the sum of the revenue from the product lines assigned to that segment. These segments represent the Company’s view of the business and as such are used to evaluate progress of major initiatives and allocation of resources. Revenue and gross profit for the Company’s operating and reporting segments were as follows (in millions):
| Power Solutions Group |  | Analog Solutions Group |  | Intelligent Sensing Group |  | Total
For the quarter ended September 28, 2018: |  |  |  |  |  |  |
Revenue from external customers | $ | 810.2 |  |  | $ | 531.7 |  |  | $ | 199.8 |  |  | $ | 1,541.7 |
Gross profit | $ | 297.9 |  |  | $ | 224.3 |  |  | $ | 80.7 |  |  | $ | 602.9 |
For the quarter ended September 29, 2017: |  |  |  |  |  |  |
Revenue from external customers | $ | 706.4 |  |  | $ | 491.6 |  |  | $ | 192.9 |  |  | $ | 1,390.9 |
Gross profit | $ | 244.1 |  |  | $ | 208.3 |  |  | $ | 80.8 |  |  | $ | 533.2 |
For the nine months ended September 28, 2018: |  |  |  |  |  |  |
Revenue from external customers | $ | 2,251.0 |  |  | $ | 1,541.1 |  |  | $ | 583.1 |  |  | $ | 4,375.2 |
Gross profit | $ | 804.2 |  |  | $ | 650.4 |  |  | $ | 245.0 |  |  | $ | 1,699.6 |
For the nine months ended September 29, 2017: |  |  |  |  |  |  |
Revenue from external customers | $ | 2,121.6 |  |  | $ | 1,463.7 |  |  | $ | 580.3 |  |  | $ | 4,165.6 |
Gross profit | $ | 716.6 |  |  | $ | 613.4 |  |  | $ | 223.1 |  |  | $ | 1,553.1 |
Gross profit is exclusive of the amortization of acquisition-related intangible assets. Reconciliations of segment gross profit to consolidated gross profit are as follows (in millions):
| Quarters Ended |  | Nine Months Ended
| September 28, 2018 |  | September 29, 2017 |  | September 28, 2018 |  | September 29, 2017
Gross profit for reporting segments | $ | 602.9 |  |  | $ | 533.2 |  |  | $ | 1,699.6 |  |  | $ | 1,553.1 |
Less: unallocated manufacturing costs | (6.3 | ) |  | (9.2 | ) |  | (30.6 | ) |  | (34.0 | )
Consolidated gross profit | $ | 596.6 |  |  | $ | 524.0 |  |  | $ | 1,669.0 |  |  | $ | 1,519.1 |
The Company operates in various geographic locations. Sales to unaffiliated customers have little correlation with the location of manufacturers. It is, therefore, not meaningful to present operating profit by geographical location. Revenue for the Company's operating and reporting segments disaggregated into geographic locations and sales channels was as follows (in millions):
| Quarter Ended September 28, 2018
| Power Solutions Group |  | Analog Solutions Group |  | Intelligent Sensing Group |  | Total
Geographic Location |  |  |  |  |  |  |
United States | $ | 102.3 |  |  | $ | 87.8 |  |  | $ | 31.5 |  |  | $ | 221.6 |
United Kingdom | 124.9 |  |  | 81.9 |  |  | 34.8 |  |  | 241.6 |
Hong Kong | 201.9 |  |  | 124.1 |  |  | 35.0 |  |  | 361.0 |
Singapore | 332.8 |  |  | 191.7 |  |  | 48.6 |  |  | 573.1 |
Other | 48.3 |  |  | 46.2 |  |  | 49.9 |  |  | 144.4 |
Total | $ | 810.2 |  |  | $ | 531.7 |  |  | $ | 199.8 |  |  | $ | 1,541.7 |
Sales Channel |  |  |  |  |  |  |
OEM | $ | 198.6 |  |  | $ | 213.1 |  |  | $ | 65.1 |  |  | $ | 476.8 |
Distributors | 565.1 |  |  | 280.4 |  |  | 122.2 |  |  | 967.7 |
Electronic Manufacturing Service Providers | 46.5 |  |  | 38.2 |  |  | 12.5 |  |  | 97.2 |
Total | $ | 810.2 |  |  | $ | 531.7 |  |  | $ | 199.8 |  |  | $ | 1,541.7 |
| Nine Months Ended September 28, 2018
| Power Solutions Group |  | Analog Solutions Group |  | Intelligent Sensing Group |  | Total
Geographic Location |  |  |  |  |  |  |
United States | $ | 295.0 |  |  | $ | 251.9 |  |  | $ | 91.4 |  |  | $ | 638.3 |
United Kingdom | 368.0 |  |  | 243.4 |  |  | 106.2 |  |  | 717.6 |
Hong Kong | 636.5 |  |  | 379.7 |  |  | 110.6 |  |  | 1,126.8 |
Singapore | 805.3 |  |  | 510.7 |  |  | 123.8 |  |  | 1,439.8 |
Other | 146.2 |  |  | 155.4 |  |  | 151.1 |  |  | 452.7 |
Total | $ | 2,251.0 |  |  | $ | 1,541.1 |  |  | $ | 583.1 |  |  | $ | 4,375.2 |
Sales Channel |  |  |  |  |  |  |
OEM | $ | 616.5 |  |  | $ | 640.7 |  |  | $ | 198.6 |  |  | $ | 1,455.8 |
Distributors | 1,499.7 |  |  | 792.0 |  |  | 352.4 |  |  | 2,644.1 |
Electronic Manufacturing Service Providers | 134.8 |  |  | 108.4 |  |  | 32.1 |  |  | 275.3 |
Total | $ | 2,251.0 |  |  | $ | 1,541.1 |  |  | $ | 583.1 |  |  | $ | 4,375.2 |
The Company’s consolidated assets are not specifically ascribed to its individual reporting segments. Rather, assets used in operations are generally shared across the Company’s operating and reporting segments. Property, plant and equipment, net by geographic location, is summarized as follows (in millions):
| As of
| September 28, 2018 |  | December 31, 2017
United States | $ | 587.6 |  |  | $ | 547.9 |
Korea | 367.2 |  |  | 380.5 |
Malaysia | 227.5 |  |  | 230.0 |
Philippines | 481.9 |  |  | 439.5 |
China | 248.9 |  |  | 246.0 |
Other | 488.0 |  |  | 435.2 |
Total | $ | 2,401.1 |  |  | $ | 2,279.1 |
For the quarter ended September 28, 2018, the Company had one customer, a distributor, who accounted for 12% of the Company's total consolidated revenue. For the quarter ended September 29, 2017, no single customer, including any distributor, accounted for 10% or more of the Company's total consolidated revenue.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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