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Revenue from Contract with Customers | 9 Months Ended
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Dec. 23, 2022
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 23, 2022 and December 24, 2021. 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 to which the products are shipped. Net sales by application:
| Three-Month Period Ended |  | Nine-Month Period Ended
| December 23, 2022 |  | December 24, 2021 |  | December 23, 2022 |  | December 24, 2021
Automotive | $ | 170,107 |  |  | $ | 130,797 |  |  | $ | 477,154 |  |  | $ | 390,351 |
Industrial | 51,014 |  |  | 31,903 |  |  | 139,330 |  |  | 98,533 |
Other | 27,668 |  |  | 23,929 |  |  | 87,724 |  |  | 79,497 |
Total net sales | $ | 248,789 |  |  | $ | 186,629 |  |  | $ | 704,208 |  |  | $ | 568,381 |
Net sales by product:
| Three-Month Period Ended |  | Nine-Month Period Ended
| December 23, 2022 |  | December 24, 2021 |  | December 23, 2022 |  | December 24, 2021
Power integrated circuits | $ | 94,513 |  |  | $ | 62,859 |  |  | $ | 272,500 |  |  | $ | 195,054 |
Magnetic sensors and other | 154,276 |  |  | 123,770 |  |  | 431,708 |  |  | 373,327 |
Total net sales | $ | 248,789 |  |  | $ | 186,629 |  |  | $ | 704,208 |  |  | $ | 568,381 |
Net sales by geography:
| Three-Month Period Ended |  | Nine-Month Period Ended
| December 23, 2022 |  | December 24, 2021 |  | December 23, 2022 |  | December 24, 2021
Americas: |  |  |  |  |  |  |
United States | $ | 33,613 |  |  | $ | 26,228 |  |  | $ | 87,135 |  |  | $ | 80,854 |
Other Americas | 6,473 |  |  | 4,921 |  |  | 20,204 |  |  | 16,697 |
EMEA: |  |  |  |  |  |  |
Europe | 39,650 |  |  | 29,891 |  |  | 115,693 |  |  | 97,108 |
Asia: |  |  |  |  |  |  |
Japan | 45,117 |  |  | 39,461 |  |  | 131,852 |  |  | 112,079 |
Greater China | 64,305 |  |  | 48,696 |  |  | 182,624 |  |  | 142,158 |
South Korea | 25,504 |  |  | 19,935 |  |  | 67,414 |  |  | 61,614 |
Other Asia | 34,127 |  |  | 17,497 |  |  | 99,286 |  |  | 57,871 |
Total net sales | $ | 248,789 |  |  | $ | 186,629 |  |  | $ | 704,208 |  |  | $ | 568,381 |
The Company recognizes sales net of returns, credits issued, price protection adjustments and stock rotation rights. In addition, the Company recognizes expected credit losses on trade accounts receivable as bad debt expense in the unaudited statements of operations. At December 23, 2022 and March 25, 2022, these combined adjustments were $18,896 and $14,924, respectively, and were netted against trade accounts receivable in the unaudited condensed consolidated balance sheets. These amounts represent charges of $3,972 and $602 for the nine-month periods ended December 23, 2022 and December 24, 2021, respectively. Unsatisfied performance obligations primarily represent contracts for products with future delivery dates. The Company elected not to 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 https://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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
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