| Segment Information |
15. Segment Information
We
determine our operating segments in accordance with FASB guidelines. Our Chief Executive Officer (“CEO”) has been
identified as the chief operating decision maker under these guidelines.
The Company operates
and tracks its results in one reportable segment based on the aggregation of
activity from its two product lines. Our
CEO receives and uses enterprise-wide financial information to assess financial
performance and allocate resources, rather than detailed information at a
product line level. Additionally, our
product lines have similar characteristics and customers. They share operations support functions such
as sales, public relations, supply chain management, various research and
development and engineering support, in addition to the general and administrative
functions of human resources, legal, finance and information technology. Therefore, there is no complete, discrete
financial information maintained for these product lines. Revenue from our product lines are as follows
(in thousands):
|
|
|
|
|
|
|
Year Ended
|
|
|
March 31, 2012
|
March 26, 2011
|
March 27, 2010
|
|
Audio products..................................................................................
|
$
350,743
|
$
264,840
|
$
153,661
|
|
Energy products.................................................................................
|
76,100
|
104,731
|
67,328
|
|
Total...........................................................................................
|
$ 426,843
|
$ 369,571
|
$ 220,989
|
Geographic
Area
The
following illustrates sales by geographic locations based on the sales office
location (in thousands):
|
|
|
|
|
|
|
Year Ended
|
|
|
March 31, 2012
|
March 26, 2011
|
March 27, 2010
|
|
United
States...................................................................................................
|
$ 50,230
|
$ 66,701
|
$ 47,936
|
|
United Kingdom.............................................................................................
|
23,927
|
27,398
|
17,156
|
|
China.........................................................................................................................
|
294,143
|
205,775
|
103,992
|
|
Hong Kong...............................................................................................................
|
8,671
|
9,216
|
5,611
|
|
Japan.........................................................................................................................
|
15,196
|
16,902
|
12,335
|
|
South
Korea.............................................................................................................
|
9,781
|
12,413
|
10,134
|
|
Taiwan...................................................................................................................... ........
|
10,662
|
13,073
|
10,585
|
|
Other Asia.................................................................................................................
|
13,063
|
16,012
|
12,381
|
|
Other non-U.S. countries........................................................................................
|
1,170
|
2,081
|
859
|
|
Total consolidated sales...............................................................................
|
$ 426,843
|
$ 369,571
|
$ 220,989
|
The
following illustrates property, plant and equipment, net, by geographic
locations, based on physical location (in thousands):
|
|
|
|
|
|
Year Ended
|
|
|
March 31, 2012
|
March 26, 2011
|
|
United
States.......................................................................................................................
|
$ 66,530
|
$ 33,977
|
|
United
Kingdom.................................................................................................................
|
20
|
29
|
|
China....................................................................................................................................
|
158
|
117
|
|
Hong Kong..........................................................................................................................
|
3
|
3
|
|
Japan....................................................................................................................................
|
167
|
377
|
|
South
Korea........................................................................................................................
|
6
|
4
|
|
Taiwan.................................................................................................................................
|
83
|
44
|
|
Other Asia............................................................................................................................
|
11
|
12
|
|
Total consolidated property,
plant and equipment, net......................................
|
$ 66,978
|
$ 34,563
|
|