XML 30 R20.htm IDEA: XBRL DOCUMENT
v3.22.1

Segment, Customers, and Geographic Information | 9 Months Ended
--- | ---
Mar. 26, 2022
Segment Reporting [Abstract] |
Segment, Customers, and Geographic Information | 14. Segment, Customers, and Geographic Information We operate in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products. We generate our revenue from three broad product categories: the IoT product market, the personal computing, or PC, product market, and the Mobile product market. We sell our products to OEMs and to contract manufacturers that provide manufacturing services to OEMs. Net revenue within geographic areas based on our customers’ locations for the periods presented was as follows (in millions):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March |  |  | March |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
China |  | $ | 171.2 |  |  | $ | 130.9 |  |  | $ | 448.4 |  |  | $ | 406.2 |
Taiwan |  |  | 140.1 |  |  |  | 101.5 |  |  |  | 387.3 |  |  |  | 268.1 |
Japan |  |  | 127.9 |  |  |  | 67.5 |  |  |  | 339.0 |  |  |  | 258.9 |
Other |  |  | 17.4 |  |  |  | 16.7 |  |  |  | 50.6 |  |  |  | 54.7 |
South Korea |  |  | 8.6 |  |  |  | 8.5 |  |  |  | 27.5 |  |  |  | 20.0 |
United States |  |  | 4.9 |  |  |  | 0.7 |  |  |  | 10.5 |  |  |  | 3.9 |
|  | $ | 470.1 |  |  | $ | 325.8 |  |  | $ | 1,263.3 |  |  | $ | 1,011.8 |
Net revenue from our customers for each product category was as follows (in millions):
|  | Three Months Ended |  |  | Nine Months Ended |
|  | March |  |  | March |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
IoT product applications |  | $ | 301.6 |  |  | $ | 151.4 |  |  | $ | 768.8 |  |  | $ | 435.0 |
PC product applications |  |  | 90.1 |  |  |  | 98.4 |  |  |  | 261.4 |  |  |  | 270.4 |
Mobile product applications |  |  | 78.4 |  |  |  | 76.0 |  |  |  | 233.1 |  |  |  | 306.4 |
|  | $ | 470.1 |  |  | $ | 325.8 |  |  | $ | 1,263.3 |  |  | $ | 1,011.8 |
A reclassification has been made to the prior periods revenue presentation in the above table in order to conform to the current period revenue presentation. The reclassification of $5.4 million and $19.5 million during the three and nine months ended March 2021, respectively, moved virtual reality product revenue from Mobile product applications to IoT product applications. Net revenue from major customers as a percentage of total net revenue for the periods presented was as follows:
|  | Three Months Ended |  | Nine Months Ended
|  | March |  | March
|  | 2022 |  | 2021 |  | 2022 |  | 2021
Customer A |  | 14% |  | 13% |  | 13% |  | 12%
Customer B |  | 14% |  | 11% |  | 13% |  | 11%
Customer C |  | * |  | * |  | * |  | 16%
____________________ * Less than 10% We extend credit based on evaluation of a customer’s financial condition, and we generally do not require collateral. Major customer accounts receivable as a percentage of total accounts receivable were as follows:
|  | March |  | June
|  | 2022 |  | 2021
Customer A |  | 21% |  | 15%
Customer B |  | 10% |  | 12%
Customer C |  | 10% |  | *

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

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration