Segment Information (Tables)

3 Months Ended

Apr. 03, 2020

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
	April 3,		March 29,
	2020		2019
Revenue
Photonics	$	55,140	$	59,225
Vision		69,008		65,936
Precision Motion		31,320		32,025
Total	$	155,468	$	157,186

	Three Months Ended
	April 3,			March 29,
	2020			2019
Gross Profit
Photonics	$	24,661		$	27,314
Vision		26,575			25,973
Precision Motion		13,908			13,521
Unallocated Corporate and Shared Services		(699	)		(519	)
Total	$	64,445		$	66,289

	Three Months Ended
	April 3,			March 29,
	2020			2019
Gross Profit Margin
Photonics		44.7	%		46.1	%
Vision		38.5	%		39.4	%
Precision Motion		44.4	%		42.2	%
Total		41.5	%		42.2	%

	Three Months Ended
	April 3,			March 29,
	2020			2019
Operating Income (Loss)
Photonics	$	8,915		$	12,310
Vision		5,634			4,557
Precision Motion		6,538			5,635
Unallocated Corporate and Shared Services		(7,837	)		(8,109	)
Total	$	13,250		$	14,393

	Three Months Ended
	April 3,		March 29,
	2020		2019
Depreciation and Amortization Expenses
Photonics	$	2,649	$	2,621
Vision		5,277		5,029
Precision Motion		1,353		1,369
Unallocated Corporate and Shared Services		51		55
Total	$	9,330	$	9,074

Schedule of Geographic Revenue

The Company aggregates geographic revenue based on the customer location where products are shipped. Revenue from these customers was as follows (in thousands):

	Three Months Ended
	April 3,		March 29,
	2020		2019
United States	$	59,205	$	64,760
Germany		23,233		23,477
Rest of Europe		33,085		30,770
China		15,404		15,108
Rest of Asia-Pacific		21,700		20,447
Other		2,841		2,624
Total	$	155,468	$	157,186

Revenue By End Market

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

	Three Months Ended
	April 3,			March 29,
	2020			2019
Medical		58	%		50	%
Advanced Industrial		42	%		50	%
Total		100	%		100	%