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v3.26.1

Segment Information | 6 Months Ended
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Jul. 04, 2026
Segment Information [Abstract] |
Segment Information | Note 10 – Segment Information The following tables set forth reportable business segment information:
|  |  |  |  |  |  |  |  |  | Optoelectronic |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Corporate/ |  |  |  |  |
|  | MOSFETs |  |  |  | Diodes |  |  |  | Components |  |  |  | Resistors |  |  |  | Inductors |  |  |  | Capacitors |  |  |  | Other |  |  |  | Total |
Fiscal quarter ended July 4, 2026: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 188,926 |  |  | $ | 186,965 |  |  | $ | 70,076 |  |  | $ | 215,028 |  |  | $ | 104,189 |  |  | $ | 153,399 |  |  | $ | (30,008 | ) |  | $ | 888,575 |
Cost of products sold (excluding depreciation) | $ | 148,666 |  |  | $ | 129,512 |  |  | $ | 50,262 |  |  | $ | 156,530 |  |  | $ | 67,788 |  |  | $ | 109,279 |  |  | $ | (30,008 | ) |  | $ | 632,029 |
Depreciation expense in costs of products sold |  | 14,121 |  |  |  | 11,750 |  |  |  | 3,835 |  |  |  | 11,013 |  |  |  | 4,025 |  |  |  | 4,420 |  |  |  | - |  |  |  | 49,164 |
Total costs of products sold | $ | 162,787 |  |  | $ | 141,262 |  |  | $ | 54,097 |  |  | $ | 167,543 |  |  | $ | 71,813 |  |  | $ | 113,699 |  |  | $ | (30,008 | ) |  | $ | 681,193 |
Gross profit | $ | 26,139 |  |  | $ | 45,703 |  |  | $ | 15,979 |  |  | $ | 47,485 |  |  | $ | 32,376 |  |  | $ | 39,700 |  |  | $ | - |  |  | $ | 207,382 |
Segment operating expenses | $ | 23,587 |  |  | $ | 9,008 |  |  | $ | 6,460 |  |  | $ | 10,757 |  |  | $ | 4,129 |  |  | $ | 6,891 |  |  | $ | - |  |  | $ | 60,832 |
Segment operating income | $ | 2,552 |  |  | $ | 36,695 |  |  | $ | 9,519 |  |  | $ | 36,728 |  |  | $ | 28,247 |  |  | $ | 32,809 |  |  | $ | - |  |  | $ | 146,550 |
Total depreciation expense | $ | 14,926 |  |  | $ | 12,101 |  |  | $ | 3,945 |  |  | $ | 11,190 |  |  | $ | 4,117 |  |  | $ | 4,469 |  |  | $ | 2,097 |  |  | $ | 52,845 |
Capital expenditures |  | 77,696 |  |  |  | 4,835 |  |  |  | 787 |  |  |  | 4,052 |  |  |  | 1,977 |  |  |  | 4,791 |  |  |  | 1,063 |  |  |  | 95,201 |
Total assets as of July 4, 2026: | $ | 1,298,043 |  |  | $ | 712,059 |  |  | $ | 351,750 |  |  | $ | 907,412 |  |  | $ | 309,329 |  |  | $ | 510,983 |  |  | $ | 1,066,790 |  |  | $ | 5,156,366 |
Fiscal quarter ended June 28, 2025: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 148,633 |  |  | $ | 147,942 |  |  | $ | 54,119 |  |  | $ | 194,769 |  |  | $ | 95,675 |  |  | $ | 121,112 |  |  |  |  |  |  | $ | 762,250 |
Cost of products sold (excluding depreciation) | $ | 125,546 |  |  | $ | 106,770 |  |  | $ | 37,596 |  |  | $ | 139,330 |  |  | $ | 64,594 |  |  | $ | 90,643 |  |  |  |  |  |  | $ | 564,479 |
Depreciation expense in cost of products sold |  | 13,708 |  |  |  | 11,634 |  |  |  | 3,965 |  |  |  | 11,109 |  |  |  | 4,245 |  |  |  | 4,427 |  |  |  |  |  |  |  | 49,088 |
Total cost of products sold | $ | 139,254 |  |  | $ | 118,404 |  |  | $ | 41,561 |  |  | $ | 150,439 |  |  | $ | 68,839 |  |  | $ | 95,070 |  |  |  |  |  |  | $ | 613,567 |
Gross profit | $ | 9,379 |  |  | $ | 29,538 |  |  | $ | 12,558 |  |  | $ | 44,330 |  |  | $ | 26,836 |  |  | $ | 26,042 |  |  |  |  |  |  | $ | 148,683 |
Segment operating expenses | $ | 23,859 |  |  | $ | 7,353 |  |  | $ | 5,743 |  |  | $ | 9,421 |  |  | $ | 3,887 |  |  | $ | 6,357 |  |  |  |  |  |  | $ | 56,620 |
Segment operating income (loss) | $ | (14,480 | ) |  | $ | 22,185 |  |  | $ | 6,815 |  |  | $ | 34,909 |  |  | $ | 22,949 |  |  | $ | 19,685 |  |  |  |  |  |  | $ | 92,063 |
Total depreciation expense | $ | 14,342 |  |  | $ | 11,917 |  |  | $ | 4,081 |  |  | $ | 11,308 |  |  | $ | 4,291 |  |  | $ | 4,472 |  |  | $ | 2,268 |  |  | $ | 52,679 |
Capital expenditures |  | 46,002 |  |  |  | 3,809 |  |  |  | 4,043 |  |  |  | 5,644 |  |  |  | 1,021 |  |  |  | 3,024 |  |  |  | 1,055 |  |  |  | 64,598 |
Total assets as of June 28, 2025: | $ | 1,123,514 |  |  | $ | 725,548 |  |  | $ | 360,008 |  |  | $ | 967,976 |  |  | $ | 328,726 |  |  | $ | 462,490 |  |  | $ | 253,393 |  |  | $ | 4,221,655 |
|  |  |  |  |  |  |  |  |  | Optoelectronic |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Corporate/ |  |  |  |  |
|  | MOSFETs |  |  |  | Diodes |  |  |  | Components |  |  |  | Resistors |  |  |  | Inductors |  |  |  | Capacitors |  |  |  | Other |  |  |  | Total |
Six fiscal months ended July 4, 2026: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 362,917 |  |  | $ | 350,634 |  |  | $ | 128,951 |  |  | $ | 418,771 |  |  | $ | 196,414 |  |  | $ | 300,138 |  |  | $ | (30,008 | ) |  | $ | 1,727,817 |
Cost of products sold (excluding depreciation) | $ | 286,720 |  |  | $ | 246,471 |  |  | $ | 94,333 |  |  | $ | 304,404 |  |  | $ | 126,575 |  |  | $ | 215,081 |  |  | $ | (30,008 | ) |  | $ | 1,243,576 |
Depreciation expense in costs of products sold |  | 27,681 |  |  |  | 23,629 |  |  |  | 7,692 |  |  |  | 22,086 |  |  |  | 8,105 |  |  |  | 11,054 |  |  |  | - |  |  |  | 100,247 |
Total costs of products sold | $ | 314,401 |  |  | $ | 270,100 |  |  | $ | 102,025 |  |  | $ | 326,490 |  |  | $ | 134,680 |  |  | $ | 226,135 |  |  | $ | (30,008 | ) |  | $ | 1,343,823 |
Gross profit | $ | 48,516 |  |  | $ | 80,534 |  |  | $ | 26,926 |  |  | $ | 92,281 |  |  | $ | 61,734 |  |  | $ | 74,003 |  |  | $ | - |  |  | $ | 383,994 |
Segment operating expenses | $ | 44,657 |  |  | $ | 17,909 |  |  | $ | 12,683 |  |  | $ | 21,400 |  |  | $ | 8,189 |  |  | $ | 13,812 |  |  | $ | - |  |  | $ | 118,650 |
Segment operating income | $ | 3,859 |  |  | $ | 62,625 |  |  | $ | 14,243 |  |  | $ | 70,881 |  |  | $ | 53,545 |  |  | $ | 60,191 |  |  | $ | - |  |  | $ | 265,344 |
Total depreciation expense | $ | 29,270 |  |  | $ | 24,431 |  |  | $ | 7,921 |  |  | $ | 22,454 |  |  | $ | 8,231 |  |  | $ | 11,153 |  |  | $ | 4,361 |  |  | $ | 107,821 |
Capital expenditures |  | 172,378 |  |  |  | 9,096 |  |  |  | 840 |  |  |  | 6,386 |  |  |  | 2,950 |  |  |  | 12,619 |  |  |  | 1,593 |  |  |  | 205,862 |
Six fiscal months ended June 28, 2025: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net revenues | $ | 290,746 |  |  | $ | 288,905 |  |  | $ | 105,287 |  |  | $ | 374,269 |  |  | $ | 179,796 |  |  | $ | 238,483 |  |  |  |  |  |  | $ | 1,477,486 |
Cost of products sold (excluding depreciation) | $ | 243,053 |  |  | $ | 208,599 |  |  | $ | 74,254 |  |  | $ | 267,802 |  |  | $ | 126,876 |  |  | $ | 176,597 |  |  |  |  |  |  | $ | 1,097,181 |
Depreciation expense in cost of products sold |  | 26,708 |  |  |  | 22,746 |  |  |  | 7,775 |  |  |  | 21,783 |  |  |  | 8,487 |  |  |  | 8,569 |  |  |  |  |  |  |  | 96,068 |
Total cost of products sold | $ | 269,761 |  |  | $ | 231,345 |  |  | $ | 82,029 |  |  | $ | 289,585 |  |  | $ | 135,363 |  |  | $ | 185,166 |  |  |  |  |  |  | $ | 1,193,249 |
Gross profit | $ | 20,985 |  |  | $ | 57,560 |  |  | $ | 23,258 |  |  | $ | 84,684 |  |  | $ | 44,433 |  |  | $ | 53,317 |  |  |  |  |  |  | $ | 284,237 |
Segment operating expenses | $ | 44,204 |  |  | $ | 14,178 |  |  | $ | 11,024 |  |  | $ | 18,624 |  |  | $ | 7,582 |  |  | $ | 13,058 |  |  |  |  |  |  | $ | 108,670 |
Segment operating income (loss) | $ | (23,219 | ) |  | $ | 43,382 |  |  | $ | 12,234 |  |  | $ | 66,060 |  |  | $ | 36,851 |  |  | $ | 40,259 |  |  |  |  |  |  | $ | 175,567 |
Total depreciation expense | $ | 27,914 |  |  | $ | 23,400 |  |  | $ | 7,998 |  |  | $ | 22,172 |  |  | $ | 8,574 |  |  | $ | 8,656 |  |  | $ | 4,483 |  |  | $ | 103,197 |
Capital expenditures |  | 92,305 |  |  |  | 8,138 |  |  |  | 4,755 |  |  |  | 8,691 |  |  |  | 1,605 |  |  |  | 8,999 |  |  |  | 1,674 |  |  |  | 126,167 |
| Fiscal quarters ended |  | Six fiscal months ended
|  | July 4, 2026 |  |  |  | June 28, 2025 |  |  |  | July 4, 2026 |  |  |  | June 28, 2025 |
Reconciliation: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment Operating Income | $ | 146,550 |  |  | $ | 92,063 |  |  | $ | 265,344 |  |  | $ | 175,567 |
Unallocated Selling, General, and Administrative Expenses |  | (93,024 | ) |  |  | (69,945 | ) |  |  | (189,694 | ) |  |  | (152,634 | )
Consolidated Operating Income | $ | 53,526 |  |  | $ | 22,118 |  |  | $ | 75,650 |  |  | $ | 22,933 |
Unallocated Other Income (Expense) |  | (11,127 | ) |  |  | (9,841 | ) |  |  | (20,399 | ) |  |  | (14,884 | )
Consolidated Income Before Taxes | $ | 42,399 |  |  | $ | 12,277 |  |  | $ | 55,251 |  |  | $ | 8,049 |
The Company has a broad line of products that it sells to OEMs, EMS companies, and independent distributors. The distribution of sales by customer type is shown below:
| Fiscal quarters ended |  | Six fiscal months ended
|  | July 4, 2026 |  |  |  | June 28, 2025 |  |  |  | July 4, 2026 |  |  |  | June 28, 2025 |
Distributors | $ | 534,045 |  |  | $ | 430,159 |  |  | $ | 995,892 |  |  | $ | 818,652 |
OEMs |  | 323,794 |  |  |  | 277,255 |  |  |  | 642,327 |  |  |  | 555,601 |
EMS companies |  | 60,744 |  |  |  | 54,836 |  |  |  | 119,606 |  |  |  | 103,233 |
Tariff refunds passed through to customers |  | (30,008 | ) |  |  | - |  |  |  | (30,008 | ) |  |  | - |
Total Revenue | $ | 888,575 |  |  |  | 762,250 |  |  | $ | 1,727,817 |  |  |  | 1,477,486 |
Net revenues were attributable to customers in the following regions:
| Fiscal quarters ended |  | Six fiscal months ended
|  | July 4, 2026 |  |  |  | June 28, 2025 |  |  |  | July 4, 2026 |  |  |  | June 28, 2025 |
Asia | $ | 377,115 |  |  | $ | 317,479 |  |  | $ | 712,254 |  |  | $ | 602,058 |
Europe |  | 305,042 |  |  |  | 256,489 |  |  |  | 601,858 |  |  |  | 511,820 |
Americas |  | 236,426 |  |  |  | 188,282 |  |  |  | 443,713 |  |  |  | 363,608 |
Tariff refunds passed through to customers |  | (30,008 | ) |  |  | - |  |  |  | (30,008 | ) |  |  | - |
Total Revenue | $ | 888,575 |  |  | $ | 762,250 |  |  | $ | 1,727,817 |  |  | $ | 1,477,486 |
The Company generates substantially all of its revenue from product sales to end customers in the industrial, automotive, military and aerospace, healthcare, power supplies, telecommunications, consumer products, and computing end markets. Sales by end market are presented below:
| Fiscal quarters ended |  | Six fiscal months ended
|  | July 4, 2026 |  |  |  | June 28, 2025 |  |  |  | July 4, 2026 |  |  |  | June 28, 2025 |
Industrial | $ | 347,290 |  |  | $ | 267,028 |  |  | $ | 646,193 |  |  | $ | 511,954 |
Automotive |  | 294,424 |  |  |  | 267,423 |  |  |  | 578,715 |  |  |  | 524,535 |
Military and Aerospace |  | 92,882 |  |  |  | 80,488 |  |  |  | 182,055 |  |  |  | 156,805 |
Healthcare |  | 43,452 |  |  |  | 37,899 |  |  |  | 84,044 |  |  |  | 74,431 |
Other* |  | 140,535 |  |  |  | 109,412 |  |  |  | 266,818 |  |  |  | 209,761 |
Tariff refunds passed through to customers |  | (30,008 | ) |  |  | - |  |  |  | (30,008 | ) |  |  | - |
Total Revenue | $ | 888,575 |  |  | $ | 762,250 |  |  | $ | 1,727,817 |  |  | $ | 1,477,486 |
*Power supplies, telecommunications, consumer products, and computing.

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- Definition The entire disclosure for reporting segments including data and tables. 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