v3.23.2
Segment Information (Tables)
 6 Months Ended
Jul. 30, 2023
Segment Reporting [Abstract]  
Net Sales by Segment
Net sales and gross profit by reportable segment were as follows:
Three Months EndedSix Months Ended
(in thousands)July 30, 2023July 31, 2022July 30, 2023July 31, 2022
Net sales:
Signal Integrity Products Group$46,507 20 %$87,355 42 %$88,153 19 %$166,657 41 %
Advanced Protection and Sensing Products Group48,521 20 %65,275 31 %84,578 18 %137,697 33 %
IoT System Products Group119,455 50 %56,624 27 %254,031 53 %107,049 26 %
IoT Connected Services Group23,889 10 %— — %48,149 10 %— — %
Total net sales$238,372 100 %$209,254 100 %$474,911 100 %$411,403 100 %
Gross profit:
Signal Integrity Products Group$27,850 $60,226 $52,934 $116,091 
Advanced Protection and Sensing Products Group27,116 36,165 46,515 73,294 
IoT System Products Group51,209 40,237 110,332 78,490 
IoT Connected Services Group11,903 — 23,066 — 
Unallocated costs, including share-based compensation and amortization of acquired technology(17,350)(1,857)(29,173)(3,899)
Total gross profit$100,728 $134,771 $203,674 $263,976 
Schedule of Revenue from External Customers by Sales Channel
(in thousands, except percentages)Three Months EndedSix Months Ended
July 30, 2023July 31, 2022July 30, 2023July 31, 2022
Distributor$151,995 64 %$184,983 88 %$296,269 62 %$364,016 88 %
Direct86,377 36 %24,271 12 %178,642 38 %47,387 12 %
Total net sales$238,372 100 %$209,254 100 %$474,911 100 %$411,403 100 %
Net Sales Activity By Geographic Region
Net sales activity by geographic region was as follows:
 Three Months EndedSix Months Ended
(percentage of total net sales)July 30, 2023July 31, 2022July 30, 2023July 31, 2022
Asia-Pacific62 %72 %57 %73 %
North America24 %16 %28 %15 %
Europe14 %12 %15 %12 %
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 sales for at least one of the periods presented:
 Three Months EndedSix Months Ended
(percentage of total net sales)July 30, 2023July 31, 2022July 30, 2023July 31, 2022
China (including Hong Kong)29 %54 %27 %55 %
United States23 %15 %25 %13 %