| Contract Balances |
The following table provides information about the Company’s contract balances at the balance sheet dates.
|
Classification
|
|
May 4,
2025
|
|
|
October 31,
2024
|
|
|
Contract Assets
|
|
|
|
|
|
|
|
Other current assets
|
|
$
|
14,837
|
|
|
$
|
11,532
|
|
| |
|
|
|
|
|
|
|
|
|
Contract Liabilities
|
|
|
|
|
|
|
|
|
|
Accrued liabilities
|
|
$
|
11,893
|
|
|
$
|
12,375
|
|
|
Other liabilities
|
|
|
5,765
|
|
|
|
8,910
|
|
| |
|
$
|
17,658
|
|
|
$
|
21,285
|
|
The Company did not recognize any revenue from performance obligations satisfied in the previous periods. The following table presents revenue recognized from contract liabilities that
existed at the beginning of the reporting periods.
| |
|
Three Months Ended
|
|
|
Six Months Ended
|
|
| |
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
Revenue recognized from beginning liability
|
|
$
|
2,589
|
|
|
$
|
6,495
|
|
|
$
|
5,745
|
|
|
$
|
7,746
|
|
|
| Disaggregation of Revenue |
The following tables present the Company’s revenue for the
three-month and six-month periods ended May 4,
2025, and April 28, 2024, disaggregated by product type, geographic origin, and timing of recognition.
| |
|
Three
Months Ended
|
|
|
Six
Months Ended
|
|
|
Revenue by Product Type
|
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
IC
|
|
|
|
|
|
|
|
|
|
|
|
|
|
High-end
|
|
$
|
59,299
|
|
|
$
|
58,042
|
|
|
$
|
119,405
|
|
|
$
|
118,918
|
|
|
Mainstream
|
|
|
96,578
|
|
|
|
102,886
|
|
|
|
190,429
|
|
|
|
199,599
|
|
|
Total IC
|
|
$
|
155,877
|
|
|
$
|
160,928
|
|
|
$
|
309,834
|
|
|
$
|
318,517
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FPD
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
High-end
|
|
$
|
43,613
|
|
|
$
|
47,977
|
|
|
$
|
93,292
|
|
|
$
|
98,593
|
|
|
Mainstream
|
|
|
11,502
|
|
|
|
8,095
|
|
|
|
20,004
|
|
|
|
16,224
|
|
|
Total FPD
|
|
$
|
55,115
|
|
|
$
|
56,072
|
|
|
$
|
113,296
|
|
|
$
|
114,817
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
$
|
210,992
|
|
|
$
|
217,000
|
|
|
$
|
423,130
|
|
|
$
|
433,334
|
|
| |
|
Three
Months Ended
|
|
|
Six
Months Ended
|
|
|
Revenue by Geographic Origin*
|
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
Taiwan
|
|
$
|
75,060
|
|
|
$
|
75,410
|
|
|
$
|
148,094
|
|
|
$
|
150,376
|
|
| China |
|
|
58,742
|
|
|
|
58,693
|
|
|
|
112,300
|
|
|
|
116,829
|
|
|
South Korea
|
|
|
37,594
|
|
|
|
39,286
|
|
|
|
77,831
|
|
|
|
79,621
|
|
|
United States
|
|
|
30,727
|
|
|
|
33,314
|
|
|
|
67,626
|
|
|
|
66,047
|
|
|
Europe
|
|
|
8,153
|
|
|
|
9,926
|
|
|
|
16,094
|
|
|
|
19,631
|
|
|
Other
|
|
|
716
|
|
|
|
371
|
|
|
|
1,185
|
|
|
|
830
|
|
| |
|
$
|
210,992
|
|
|
$
|
217,000
|
|
|
$
|
423,130
|
|
|
$
|
433,334
|
|
* This table disaggregates revenue by the location in which it was earned.
| |
|
Three
Months Ended
|
|
|
Six
Months Ended
|
|
|
Revenue by Timing of Recognition
|
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
May 4,
2025
|
|
|
April 28,
2024
|
|
|
Over time
|
|
$
|
200,188
|
|
|
$
|
211,189
|
|
|
$
|
405,264
|
|
|
$
|
414,716
|
|
|
At a point in time
|
|
|
10,804
|
|
|
|
5,811
|
|
|
|
17,866
|
|
|
|
18,618
|
|
| |
|
|
210,992
|
|
|
|
217,000
|
|
|
|
423,130
|
|
|
|
433,334
|
|
|