Segment Reporting (Tables)

6 Months Ended

Jul. 03, 2021

Segment Reporting [Abstract]

Information for Each Reportable Segment

Information for each reportable segment for the three and six months ended July 3, 2021 and June 27, 2020 is as follows:

Net Revenues

	Three Months Ended				Six Months Ended
	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
	(In thousands)
TFE	$	5,369	$	16,595	$	14,607	$	24,557
Photonics		8,444		12,247		15,447		23,125
Total segment net revenues	$	13,813	$	28,842	$	30,054	$	47,682

Operating Income (Loss)

	Three Months Ended						Six Months Ended
	July 3, 2021			June 27, 2020			July 3, 2021			June 27, 2020
	(In thousands)
TFE	$	(4,305	)	$	(174	)	$	(8,306	)	$	(2,705	)
Photonics		(255	)		3,536			(1,401	)		6,448
Total income (loss) from segment operations		(4,560	)		3,362			(9,707	)		3,743
Unallocated costs		(1,751	)		(1,258	)		(3,105	)		(2,738	)
Income (loss) from operations		(6,311	)		2,104			(12,812	)		1,005
Interest income and other income (expense), net		20			62			50			204
Income (loss) before provision for (benefit from) income taxes	$	(6,291	)	$	2,166		$	(12,762	)	$	1,209

Segment Assets

Total assets for each reportable segment as of July 3, 2021 and January 2, 2021 are as follows:

Assets

	July 3, 2021		January 2, 2021
	(In thousands)
TFE	$	31,734	$	44,335
Photonics		17,837		22,923
Total segment assets		49,571		67,258
Cash, cash equivalents and investments		53,340		49,568
Restricted cash		787		787
Deferred income taxes		5,537		5,335
Other current assets		1,083		1,093
Common property, plant and equipment		1,206		1,443
Common operating lease right-of-use assets		1,381		1,603
Other assets		164		151
Consolidated total assets	$	113,069	$	127,238