Reportable Segments (Tables)

12 Months Ended

Dec. 27, 2024

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

Any intercompany sales and associated profit (and any other intercompany items) are eliminated from segment results.


	Year Ended
(In millions)	December 27, 2024		December 29, 2023		December 30, 2022
Revenues:
Products	$	1,853.7	$	1,501.6	$	2,074.7
Services	243.9		232.9		299.6
Total segment revenues	$	2,097.6	$	1,734.5	$	2,374.3

Cost of revenues:
Product	$	1,569.7	$	1,290.5	$	1,712.3
Services	171.6		166.7		197.0
Total segment cost of revenues	$	1,741.3	$	1,457.2	$	1,909.3


Operating expenses:
Products
Research and development	$	18.8	$	17.8	$	17.6
Sales and marketing	46.7		41.4		43.9
General and administrative	139.1		122.0		210.4
Total Products operating expenses	$	204.6	$	181.2	$	271.9
Services
Research and development	$	9.5	$	10.5	$	10.9
Sales and marketing	10.6		10.4		10.5
General and administrative	40.4		40.0		51.3
Total Services operating expenses	60.5		60.9		72.7
Total segment operating expenses	$	265.1	$	242.1	$	344.6

Segment operating profit:
Products	$	79.4	$	29.9	$	90.4
Services	11.8		5.3		30.0
Total segment operating profit	$	91.2	$	35.2	$	120.4

Reconciliation of segment operating profit:
Total segment operating profit	$	91.2	$	35.2	$	120.4
Interest income	4.8		4.1		0.9
Interest expense	(46.5)		(48.8)		(33.9)
Other income (expense), net	17.7		(1.8)		0.9
Income (loss) before provision for income taxes	$	67.2	$	(11.3)	$	88.3

Expenditures for segment property, plant and equipment
Products	$	40.4	$	62.4	$	67.8
Services	23.1		13.4		32.3
Total expenditures for segment assets	$	63.5	$	75.8	$	100.1

Depreciation and amortization
Products	$	51.3	$	36.4	$	36.3
Services	24.8		25.3		32.1
Total depreciation and amortization	$	76.1	$	61.7	$	68.4