XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.20.2

Segment Information (Tables) | 6 Months Ended
--- | ---
Jul. 26, 2020
Segment Reporting [Abstract] |
Net Sales by Segment | Net sales by segment were as follows:
| Three Months Ended |  |  |  | Six Months Ended |  |
(in thousands) | July 26, 2020 |  | July 28, 2019 |  | July 26, 2020 |  | July 28, 2019
Semiconductor Products Group | $ | 143,660 |  |  | $ | 137,146 |  |  | $ | 276,362 |  |  | $ | 268,500 |
Total | $ | 143,660 |  |  | $ | 137,146 |  |  | $ | 276,362 |  |  | $ | 268,500 |
Income by Segment and Reconciliation to Consolidated Operating Income | The following table presents a reconciliation of operating income by segment to consolidated income before taxes. Historical amounts have been adjusted to conform to the current presentation:
| Three Months Ended |  |  |  | Six Months Ended |  |
(in thousands) | July 26, 2020 |  | July 28, 2019 |  | July 26, 2020 |  | July 28, 2019
Semiconductor Products Group | $ | 34,818 |  |  | $ | 31,505 |  |  | $ | 62,916 |  |  | $ | 60,133 |
Operating income by segment | 34,818 |  |  | 31,505 |  |  | 62,916 |  |  | 60,133 |
Items to reconcile segment operating income to consolidated income before taxes: |  |  |  |  |  |  |
Share-based compensation | 13,186 |  |  | 12,425 |  |  | 22,565 |  |  | 24,403 |
Intangible amortization | 2,020 |  |  | 3,908 |  |  | 4,860 |  |  | 9,051 |
Investment impairments and credit loss reserves | 1,485 |  |  | — |  |  | 5,115 |  |  | — |
Changes in the fair value of contingent earn-out obligations | — |  |  | — |  |  | (33) |  |  | (2,161) |
Restructuring and other reserves | 502 |  |  | 2,571 |  |  | 502 |  |  | 2,711 |
Litigation cost, net of recoveries | 105 |  |  | 799 |  |  | 251 |  |  | 725 |
Transaction and integration related | 249 |  |  | 33 |  |  | 247 |  |  | 1,468 |
Interest expense | 1,252 |  |  | 2,597 |  |  | 2,811 |  |  | 5,064 |
Non-operating expense (income), net | 176 |  |  | (1,213) |  |  | (247) |  |  | (2,256) |
Income before taxes and equity in net (losses) gains of equity method investments | $ | 15,843 |  |  | $ | 10,385 |  |  | $ | 26,845 |  |  | $ | 21,128 |
Net Sales Activity By Product Line | The table below provides net sales activity by product line on a comparative basis:
| Three Months Ended |  |  |  |  |  |  |  | Six Months Ended |  |  |  |  |  |
(in thousands, except percentages) | July 26, 2020 |  |  |  | July 28, 2019 |  |  |  | July 26, 2020 |  |  |  | July 28, 2019 |  |
Signal Integrity | $ | 71,645 |  |  | 50 | % |  | $ | 55,094 |  |  | 40 | % |  | $ | 131,574 |  |  | 48 | % |  | $ | 105,350 |  |  | 39 | %
Wireless and Sensing | 38,830 |  |  | 27 | % |  | 41,696 |  |  | 30 | % |  | 71,788 |  |  | 26 | % |  | 83,903 |  |  | 31 | %
Protection | 33,185 |  |  | 23 | % |  | 40,356 |  |  | 30 | % |  | 73,000 |  |  | 26 | % |  | 79,247 |  |  | 30 | %
Total net sales | $ | 143,660 |  |  | 100 | % |  | $ | 137,146 |  |  | 100 | % |  | $ | 276,362 |  |  | 100 | % |  | $ | 268,500 |  |  | 100 | %
Schedule of Revenue from External Customers by Sales Channel |
(in thousands, except percentages) | Three Months Ended |  |  |  |  |  |  |  | Six Months Ended |  |  |  |  |  |
| July 26, 2020 |  |  |  | July 28, 2019 |  |  |  | July 26, 2020 |  |  |  | July 28, 2019 |  |
Distributor | $ | 116,545 |  |  | 81 | % |  | $ | 99,138 |  |  | 72 | % |  | $ | 220,493 |  |  | 80 | % |  | $ | 180,280 |  |  | 67 | %
Direct | 27,115 |  |  | 19 | % |  | 38,008 |  |  | 28 | % |  | 55,869 |  |  | 20 | % |  | 88,220 |  |  | 33 | %
Total net sales | $ | 143,660 |  |  | 100 | % |  | $ | 137,146 |  |  | 100 | % |  | $ | 276,362 |  |  | 100 | % |  | $ | 268,500 |  |  | 100 | %
Net Sales Activity By Geographic Region | Net sales activity by geographic region was as follows:
| Three Months Ended |  |  |  | Six Months Ended |  |
(percentage of total net sales) | July 26, 2020 |  | July 28, 2019 |  | July 26, 2020 |  | July 28, 2019
Asia-Pacific | 80 | % |  | 74 | % |  | 80 | % |  | 76 | %
North America | 12 | % |  | 16 | % |  | 12 | % |  | 14 | %
Europe | 8 | % |  | 10 | % |  | 8 | % |  | 10 | %
| 100 | % |  | 100 | % |  | 100 | % |  | 100 | %
Summary Of Sales Activity To Countries That Represented Greater Than 10% Of Total Net Sales | The table below summarizes sales activity to countries that represented greater than 10% of total net sales for at least one of the periods presented:
| Three Months Ended |  |  |  | Six Months Ended |  |
(percentage of total net sales) | July 26, 2020 |  | July 28, 2019 |  | July 26, 2020 |  | July 28, 2019
China (including Hong Kong) | 63 | % |  | 52 | % |  | 60 | % |  | 52 | %
United States | 9 | % |  | 9 | % |  | 9 | % |  | 10 | %

X
- Definition Schedule of Revenue from External Customers by Sales Channel [Table Text Block] + References No definition available. + Details
Name: | smtc_ScheduleofRevenuefromExternalCustomersbySalesChannelTableTextBlock
Namespace Prefix: | smtc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition [Table Text Block] for Summary Of Sales Activity To Countries That Represented Greater Than 10% Of Total Net Sales [Table] + References No definition available. + Details
Name: | smtc_SummaryOfSalesActivityToCountriesThatRepresentedGreaterThan10OfTotalNetSalesTableTextBlock
Namespace Prefix: | smtc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration