Annual report pursuant to Section 13 and 15(d)

Significant Customer and Geographic Information (Tables)

v3.8.0.1
Significant Customer and Geographic Information (Tables)
 12 Months Ended
Dec. 31, 2017
Concentration Risk [Line Items]  
Long-lived Assets by Geographic Areas [Table Text Block]
Long-lived assets, which consists of property and equipment, intangible assets, and goodwill, by geographic area are as follows (in thousands):
 
As of December 31,
 
2017
 
2016
 
Amount
 
% of total
 
Amount
 
% of total
United States
$
481,638

 
84
%
 
$
111,336

 
55
%
Singapore
92,414

 
16
%
 
78,318

 
39
%
Rest of world
1,643

 
—
%
 
11,171

 
6
%
Total
$
575,695

 
100
%
 
$
200,825

 
100
%
Significant Customer and Geographic Information
Suppliers comprising greater than 10% of total inventory purchases are as follows:
 
Years ended December 31,
 
2017
 
2016
 
2015
Vendor A
21
%
 
16
%
 
12
%
Vendor B
16
%
 
13
%
 
14
%
Vendor C
15
%
 
11
%
 
11
%
Vendor D
14
%
 
11
%
 
11
%
Vendor E
11
%
 
18
%
 
22
%
Vendor F
*

 
12
%
 
11
%
Customers comprising greater than 10% of net revenues for each of the periods presented are as follows:
 
Years Ended December 31,
 
2017
 
2016
 
2015
Percentage of total net revenue
 
 
 
 
 
Customer A
25
%
 
27
%
 
28
%
Customer B
*

 
10
%
 
13
%
                                        
* Represents less than 10% of the net revenue for the respective period.
Balances greater than 10% of accounts receivable, based on the Company's billings to the contract manufacturer customers, are as follows:
 
December 31,
 
2017
 
2016
Percentage of gross accounts receivable
 
 
 
Customer C
17
%
 
17
%
Customer D
10
%
 
15
%
Customer E
*

 
12
%
The products shipped to individual countries representing greater than 10% of net revenue for each of the periods presented are as follows:
 
Years Ended December 31,
 
2017
 
2016
 
2015
Percentage of total net revenue
 
 
 
 
 
China
71
%
 
78
%
 
77
%
Significant Customer and Geographic Information
Concentration of Credit Risk, Significant Customers and Geographic Information
Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and cash equivalents and accounts receivable. Collateral is generally not required for customer receivables. The Company limits its exposure to credit loss by placing its cash with high credit quality financial institutions. At times, such deposits may be in excess of insured limits. The Company has not experienced any losses on its deposits of cash and cash equivalents.
Significant Customers
The Company markets its products and services to manufacturers of a wide range of electronic devices (Note 1). The Company makes periodic evaluations of the credit worthiness of its customers.
Customers comprising greater than 10% of net revenues for each of the periods presented are as follows:
 
Years Ended December 31,
 
2017
 
2016
 
2015
Percentage of total net revenue
 
 
 
 
 
Customer A
25
%
 
27
%
 
28
%
Customer B
*

 
10
%
 
13
%
                                        
* Represents less than 10% of the net revenue for the respective period.
Balances greater than 10% of accounts receivable, based on the Company's billings to the contract manufacturer customers, are as follows:
 
December 31,
 
2017
 
2016
Percentage of gross accounts receivable
 
 
 
Customer C
17
%
 
17
%
Customer D
10
%
 
15
%
Customer E
*

 
12
%

                                        
* Represents less than 10% of the gross accounts receivable for the respective period end.

Suppliers comprising greater than 10% of total inventory purchases are as follows:
 
Years ended December 31,
 
2017
 
2016
 
2015
Vendor A
21
%
 
16
%
 
12
%
Vendor B
16
%
 
13
%
 
14
%
Vendor C
15
%
 
11
%
 
11
%
Vendor D
14
%
 
11
%
 
11
%
Vendor E
11
%
 
18
%
 
22
%
Vendor F
*

 
12
%
 
11
%

                                        
* Represents less than 10% of the inventory purchases for the respective period.
Geographic Information
The Company's consolidated net revenues by geographic area based on ship-to location are as follows (in thousands):
 
Years Ended December 31,
 
2017
 
2016
 
2015
 
Amount
 
% of total net revenue
 
Amount
 
% of total net revenue
 
Amount
 
% of total net revenue
Asia
$
372,103

 
89
%
 
$
360,325

 
93
%
 
$
274,169

 
91
%
United States
10,829

 
2
%
 
9,181

 
2
%
 
10,819

 
4
%
Rest of world
37,386

 
9
%
 
18,326

 
5
%
 
15,372

 
5
%
Total
$
420,318

 
100
%
 
$
387,832

 
100
%
 
$
300,360

 
100
%

The products shipped to individual countries representing greater than 10% of net revenue for each of the periods presented are as follows:
 
Years Ended December 31,
 
2017
 
2016
 
2015
Percentage of total net revenue
 
 
 
 
 
China
71
%
 
78
%
 
77
%

The determination of which country a particular sale is allocated to is based on the destination of the product shipment. No other individual country in Asia Pacific, United States, or the rest of the world accounted for more than 10% of net revenue during these periods.
Long-lived assets, which consists of property and equipment, intangible assets, and goodwill, by geographic area are as follows (in thousands):
 
As of December 31,
 
2017
 
2016
 
Amount
 
% of total
 
Amount
 
% of total
United States
$
481,638

 
84
%
 
$
111,336

 
55
%
Singapore
92,414

 
16
%
 
78,318

 
39
%
Rest of world
1,643

 
—
%
 
11,171

 
6
%
Total
$
575,695

 
100
%
 
$
200,825

 
100
%
The Company's consolidated net revenues by geographic area based on ship-to location are as follows (in thousands):
 
Years Ended December 31,
 
2017
 
2016
 
2015
 
Amount
 
% of total net revenue
 
Amount
 
% of total net revenue
 
Amount
 
% of total net revenue
Asia
$
372,103

 
89
%
 
$
360,325

 
93
%
 
$
274,169

 
91
%
United States
10,829

 
2
%
 
9,181

 
2
%
 
10,819

 
4
%
Rest of world
37,386

 
9
%
 
18,326

 
5
%
 
15,372

 
5
%
Total
$
420,318

 
100
%
 
$
387,832

 
100
%
 
$
300,360

 
100
%