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Revenue from Contract with Customers | 9 Months Ended
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Dec. 24, 2021
Revenue from Contract with Customer [Abstract] |
Revenue from Contracts with Customers | Revenue from Contracts with Customers The Company generates revenue from the sale of magnetic sensor integrated circuits (“ICs”) and application-specific analog power semiconductors. The following tables summarize net sales disaggregated by application, by product and by geography for the three- and nine-month periods ended December 24, 2021 and December 25, 2020. The categorization of net sales by application is determined using various characteristics of the product and the application into which the Company’s product will be incorporated. The categorization of net sales by geography is determined based on the location the products are being shipped to. Net sales by application:
| Three-Month Period Ended |  | Nine-Month Period Ended
| December 24, 2021 |  | December 25, 2020 |  | December 24, 2021 |  | December 25, 2020
Automotive | $ | 130,797 |  |  | $ | 113,902 |  |  | $ | 390,351 |  |  | $ | 279,759 |
Industrial | 31,903 |  |  | 23,654 |  |  | 98,533 |  |  | 65,710 |
Other | 23,929 |  |  | 26,893 |  |  | 79,497 |  |  | 70,630 |
Total net sales | $ | 186,629 |  |  | $ | 164,449 |  |  | $ | 568,381 |  |  | $ | 416,099 |
Net sales by product:
| Three-Month Period Ended |  | Nine-Month Period Ended
| December 24, 2021 |  | December 25, 2020 |  | December 24, 2021 |  | December 25, 2020
Power integrated circuits | $ | 62,859 |  |  | $ | 54,406 |  |  | $ | 195,054 |  |  | $ | 146,276 |
Magnetic sensors | 123,543 |  |  | 109,457 |  |  | 371,806 |  |  | 268,956 |
Photonics | 227 |  |  | 586 |  |  | 1,521 |  |  | 867 |
Total net sales | $ | 186,629 |  |  | $ | 164,449 |  |  | $ | 568,381 |  |  | $ | 416,099 |
Net sales by geography:
| Three-Month Period Ended |  | Nine-Month Period Ended
| December 24, 2021 |  | December 25, 2020 |  | December 24, 2021 |  | December 25, 2020
Americas: |  |  |  |  |  |  |
United States | $ | 26,228 |  |  | $ | 23,934 |  |  | $ | 80,854 |  |  | $ | 57,892 |
Other Americas | 4,921 |  |  | 5,620 |  |  | 16,697 |  |  | 10,797 |
EMEA: |  |  |  |  |  |  |
Europe | 29,891 |  |  | 28,239 |  |  | 97,108 |  |  | 70,459 |
Asia: |  |  |  |  |  |  |
Japan | 39,461 |  |  | 26,439 |  |  | 112,079 |  |  | 72,570 |
Greater China | 48,696 |  |  | 46,172 |  |  | 142,158 |  |  | 116,178 |
South Korea | 19,935 |  |  | 17,606 |  |  | 61,614 |  |  | 43,733 |
Other Asia | 17,497 |  |  | 16,439 |  |  | 57,871 |  |  | 44,470 |
Total net sales | $ | 186,629 |  |  | $ | 164,449 |  |  | $ | 568,381 |  |  | $ | 416,099 |
The Company recognizes sales net of returns, credits issued, price protection adjustments and stock rotation rights. At December 24, 2021 and March 26, 2021, these adjustments and current expected credit losses were $16,014 and $15,412, respectively, and were netted against trade accounts receivable in the unaudited consolidated balance sheets. These amounts represent activity of net charges and income of $602 and $898, respec tively, for the nine-month periods ended December 24, 2021 and December 25, 2020, respectively. Refer to Note 5, “Trade Accounts Receivable, net” for details of these adjustments and allowances. Unsatisfied performance obligations primarily represent contracts for products with future delivery dates. The Company elected to not disclose the amount of unsatisfied performance obligations, as these contracts have original expected durations of less than one year.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130554-203045 + Details
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