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Reportable Segments (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Summary of Segment Description and Data The following table describes each segment:

 

Segment

 

Product or Services

 

Primary Markets Served

 

Geographic Areas

Products

 

Assembly
Weldments
Machining
Fabrication

 

Semiconductor

 

Americas
Asia Pacific
EMEA

Services

 

Cleaning Coating
Analytics

 

Semiconductor

 

Americas
Asia Pacific
EMEA

Segment Data

 

 

Three Months Ended

 

 

 

 

March 31,

 

 

April 1,

 

 

(In millions)

 

2023

 

 

2022

 

 

Revenues:

 

 

 

 

 

 

 

Products

 

$

368.6

 

 

$

486.8

 

 

Services

 

 

64.7

 

 

 

77.3

 

 

Total segment revenues

 

$

433.3

 

 

$

564.1

 

 

 

 

 

 

 

 

 

Gross profit:

 

 

 

 

 

 

 

Products

 

$

53.5

 

 

$

87.3

 

 

Services

 

 

19.5

 

 

 

26.4

 

 

Total segment gross profit

 

$

73.0

 

 

$

113.7

 

 

 

 

 

 

 

 

 

Operating profit:

 

 

 

 

 

 

 

Products

 

$

8.7

 

 

$

37.6

 

 

Services

 

 

3.7

 

 

 

8.1

 

 

Total segment operating profit

 

$

12.4

 

 

$

45.7

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

 

 

December 30,

 

 

(In millions)

 

2023

 

 

2022

 

 

Assets

 

 

 

 

 

 

 

Products

 

$

1,577.7

 

 

$

1,650.2

 

 

Services

 

 

288.2

 

 

 

310.7

 

 

Total segment assets

 

$

1,865.9

 

 

$

1,960.9