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Segment Information (Tables) | 6 Months Ended
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Aug. 01, 2021
Segment Reporting [Abstract] |
Net Sales by Segment | Net sales by segment were as follows:
| Three Months Ended |  | Six Months Ended
(in thousands) | August 1, 2021 |  | July 26, 2020 |  | August 1, 2021 |  | July 26, 2020
Semiconductor Products Group | $ | 185,004 |  |  | $ | 143,660 |  |  | $ | 355,376 |  |  | $ | 276,362 |
Total | $ | 185,004 |  |  | $ | 143,660 |  |  | $ | 355,376 |  |  | $ | 276,362 |
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 and equity in net gains (losses) of equity method investments. Historical amounts have been adjusted to conform to the current presentation:
| Three Months Ended |  | Six Months Ended
(in thousands) | August 1, 2021 |  | July 26, 2020 |  | August 1, 2021 |  | July 26, 2020
Semiconductor Products Group | $ | 50,152 |  |  | $ | 34,818 |  |  | $ | 91,621 |  |  | $ | 62,916 |
Operating income by segment | 50,152 |  |  | 34,818 |  |  | 91,621 |  |  | 62,916 |
Items to reconcile segment operating income to consolidated income before taxes and equity in net gains (losses) of equity method investments: |  |  |  |  |  |  |
Share-based compensation | 11,517 |  |  | 13,186 |  |  | 23,356 |  |  | 22,565 |
Intangible amortization | 1,298 |  |  | 2,020 |  |  | 2,596 |  |  | 4,860 |
Investment impairments and credit loss reserves | 468 |  |  | 1,485 |  |  | 714 |  |  | 5,115 |
Changes in the fair value of contingent earn-out obligations | — |  |  | — |  |  | — |  |  | (33) |
Restructuring and other reserves | 16 |  |  | 502 |  |  | 16 |  |  | 502 |
Litigation cost, net of recoveries | 560 |  |  | 105 |  |  | 1,100 |  |  | 251 |
Transaction and integration related | 101 |  |  | 249 |  |  | (76) |  |  | 247 |
Interest expense | 1,185 |  |  | 1,252 |  |  | 2,384 |  |  | 2,811 |
Non-operating (income) expense, net | (213) |  |  | 176 |  |  | (307) |  |  | (247) |
Income before taxes and equity in net gains (losses) of equity method investments | $ | 35,220 |  |  | $ | 15,843 |  |  | $ | 61,838 |  |  | $ | 26,845 |
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) | August 1, 2021 |  | July 26, 2020 |  | August 1, 2021 |  | July 26, 2020
Signal Integrity | $ | 73,087 |  |  | 39 | % |  | $ | 71,645 |  |  | 50 | % |  | $ | 139,782 |  |  | 39 | % |  | $ | 131,574 |  |  | 48 | %
Wireless and Sensing | 62,593 |  |  | 34 | % |  | 38,830 |  |  | 27 | % |  | 121,100 |  |  | 34 | % |  | 71,788 |  |  | 26 | %
Protection | 49,324 |  |  | 27 | % |  | 33,185 |  |  | 23 | % |  | 94,494 |  |  | 27 | % |  | 73,000 |  |  | 26 | %
Total net sales | $ | 185,004 |  |  | 100 | % |  | $ | 143,660 |  |  | 100 | % |  | $ | 355,376 |  |  | 100 | % |  | $ | 276,362 |  |  | 100 | %
Schedule of Revenue from External Customers by Sales Channel |
(in thousands, except percentages) | Three Months Ended |  | Six Months Ended
| August 1, 2021 |  | July 26, 2020 |  | August 1, 2021 |  | July 26, 2020
Distributor | $ | 160,754 |  |  | 87 | % |  | $ | 116,545 |  |  | 81 | % |  | $ | 307,154 |  |  | 86 | % |  | $ | 220,493 |  |  | 80 | %
Direct | 24,250 |  |  | 13 | % |  | 27,115 |  |  | 19 | % |  | 48,222 |  |  | 14 | % |  | 55,869 |  |  | 20 | %
Total net sales | $ | 185,004 |  |  | 100 | % |  | $ | 143,660 |  |  | 100 | % |  | $ | 355,376 |  |  | 100 | % |  | $ | 276,362 |  |  | 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) | August 1, 2021 |  | July 26, 2020 |  | August 1, 2021 |  | July 26, 2020
Asia-Pacific | 81 | % |  | 80 | % |  | 80 | % |  | 80 | %
North America | 11 | % |  | 12 | % |  | 12 | % |  | 12 | %
Europe | 8 | % |  | 8 | % |  | 8 | % |  | 8 | %
| 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) | August 1, 2021 |  | July 26, 2020 |  | August 1, 2021 |  | July 26, 2020
China (including Hong Kong) | 63 | % |  | 63 | % |  | 62 | % |  | 60 | %
United States | 9 | % |  | 9 | % |  | 10 | % |  | 9 | %

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