Segment Information - (Tables)

3 Months Ended

Apr. 02, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting

The following table sets forth reporting segment information. The reporting segment information reported for the fiscal quarter ended April 3, 2021 has been recast to reflect the new reporting segments adopted by the Company in the fourth quarter of 2021, as described in the consolidated financial statements as of December 31, 2021, included in our Annual Report on Form 10-K, filed with the Securities and Exchange Commission on March 4, 2022 (in thousands):

	Fiscal quarter ended
	April 2, 2022		April 3, 2021
Net revenues:
Sensors	$	37,750	$	31,815
Weighing Solutions	32,768		30,968
Measurement Systems	17,147		7,806
Total	$	87,665	$	70,589
Gross profit:
Sensors	$	14,286	$	12,833
Weighing Solutions	12,079		11,774
Measurement Systems	8,885		4,015
Total	$	35,250	$	28,622
Reconciliation of segment operating income to consolidated results:
Sensors	$	8,958	$	7,669
Weighing Solutions	6,214		5,817
Measurement Systems	2,211		674
Unallocated G&A expenses	(8,807)		(7,721)
Restructuring costs	(261)		—
Operating income	$	8,315	$	6,439
Restructuring costs:
Sensors	$	(203)	$	—
Measurement Systems	(58)		—
	$	(261)	$	—

Products are transferred between segments on a basis intended to reflect, as nearly as practicable, the market value of the products. The table below summarizes intersegment sales (in thousands):

	Fiscal quarter ended
	April 2, 2022		April 3, 2021
Sensors to Weighing Solutions	$	389	$	954
Sensors to Measurement Systems	61		8