Segment Information (Tables)

6 Months Ended

Jun. 28, 2024

Segment Reporting [Abstract]

Revenue, Gross Profit, Gross Profit Margin, Operating Income (Loss), and Depreciation and Amortization Expenses by Reportable Segment

Revenue, gross profit, gross profit margin, operating income (loss), and depreciation and amortization expenses by reportable segment were as follows (in thousands, except percentage data):

	Three Months Ended				Six Months Ended
	June 28,		June 30,		June 28,		June 30,
Revenue	2024		2023		2024		2023
Precision Medicine and Manufacturing	$	63,952	$	74,333	$	129,186	$	143,861
Medical Solutions		104,525		83,322		206,977		160,962
Robotics and Automation		67,387		71,809		130,617		143,767
Total	$	235,864	$	229,464	$	466,780	$	448,590

	Three Months Ended						Six Months Ended
	June 28,			June 30,			June 28,			June 30,
Gross Profit	2024			2023			2024			2023
Precision Medicine and Manufacturing	$	30,580		$	36,513		$	62,364		$	70,846
Medical Solutions		40,364			34,257			79,755			66,143
Robotics and Automation		33,388			34,909			63,937			67,724
Unallocated Corporate and Shared Services		(643	)		(1,556	)		(1,951	)		(2,962	)
Total	$	103,689		$	104,123		$	204,105		$	201,751

	Three Months Ended						Six Months Ended
	June 28,			June 30,			June 28,			June 30,
Gross Profit Margin	2024			2023			2024			2023
Precision Medicine and Manufacturing		47.8	%		49.1	%		48.3	%		49.2	%
Medical Solutions		38.6	%		41.1	%		38.5	%		41.1	%
Robotics and Automation		49.5	%		48.6	%		48.9	%		47.1	%
Total		44.0	%		45.4	%		43.7	%		45.0	%

	Three Months Ended						Six Months Ended
	June 28,			June 30,			June 28,			June 30,
Operating Income (Loss)	2024			2023			2024			2023
Precision Medicine and Manufacturing	$	12,744		$	19,611		$	28,488		$	36,295
Medical Solutions		12,276			10,083			24,265			19,924
Robotics and Automation		14,648			15,248			26,864			27,248
Unallocated Corporate and Shared Services		(13,953	)		(12,744	)		(28,295	)		(24,957	)
Total	$	25,715		$	32,198		$	51,322		$	58,510

	Three Months Ended				Six Months Ended
	June 28,		June 30,		June 28,		June 30,
Depreciation and Amortization Expenses	2024		2023		2024		2023
Precision Medicine and Manufacturing	$	2,453	$	2,661	$	4,815	$	5,257
Medical Solutions		7,235		4,044		13,325		8,017
Robotics and Automation		3,994		4,917		7,995		9,762
Unallocated Corporate and Shared Services		434		315		910		632
Total	$	14,116	$	11,937	$	27,045	$	23,668

Schedule of Geographic Revenue

The Company aggregates geographic revenue based on the customer locations where products are shipped to. Revenue by geography was as follows (in thousands):

	Three Months Ended				Six Months Ended
	June 28,		June 30,		June 28,		June 30,
	2024		2023		2024		2023
United States	$	123,391	$	107,594	$	240,472	$	211,436
Germany		31,919		32,097		65,100		66,959
Rest of Europe		32,528		34,537		63,499		63,902
China		19,014		20,854		36,085		38,652
Rest of Asia-Pacific		25,334		27,390		52,590		55,501
Other		3,678		6,992		9,034		12,140
Total	$	235,864	$	229,464	$	466,780	$	448,590

Revenue By End Market

The Company primarily operates in two end markets: the medical market and the advanced industrial market. Revenue by end market was approximately as follows:

	Three Months Ended						Six Months Ended
	June 28,			June 30,			June 28,			June 30,
	2024			2023			2024			2023
Medical		58	%		53	%		57	%		53	%
Advanced Industrial		42	%		47	%		43	%		47	%
Total		100	%		100	%		100	%		100	%