XML 77 R21.htm IDEA: XBRL DOCUMENT v3.20.1
SEGMENT INFORMATION
6 Months Ended
Mar. 28, 2020
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Reportable segments are defined as components of an enterprise that engage in business activities for which discrete financial information is available and regularly reviewed by the chief operating decision maker in deciding how to allocate resources and to assess performance. The Company's Chief Executive Officer is the Company's chief operating decision maker. The chief operating decision maker does not review discrete asset information. The Company operates two reportable segments consisting of: (i) Capital Equipment; and (ii) Aftermarket Products and Services ("APS").
The following table reflects operating information by segment for the three and six months ended March 28, 2020 and March 30, 2019
 
Three months ended
 
Six months ended
(in thousands)
March 28, 2020
 
March 30, 2019
 
March 28, 2020
 
March 30, 2019
Net revenue:
 

 
 

 
 

 
 

      Capital Equipment
$
113,222

 
$
80,567

 
$
215,546

 
$
196,505

      APS
37,519

 
35,341

 
79,492

 
76,611

              Net revenue
150,741

 
115,908

 
295,038

 
273,116

Income/(loss) from operations:
 

 
 

 
 

 
 

      Capital Equipment
4,062

 
(9,244
)
 
6,770

 
(4,114
)
      APS
7,014

 
6,779

 
17,720

 
16,204

              Income/(loss) from operations
$
11,076

 
$
(2,465
)
 
$
24,490

 
$
12,090


The following table reflects net revenue by Capital Equipment end markets served for the three and six months ended March 28, 2020 and March 30, 2019:
 
Three months ended
 
Six months ended
(in thousands)
March 28, 2020
 
March 30, 2019

 
March 28, 2020
 
March 30, 2019
General Semiconductor
$
67,369

 
$
30,985

 
$
117,835

 
$
70,655

Automotive & Industrial
19,846

 
18,967

 
38,770

 
45,476

LED
10,167

 
7,091

 
22,058

 
24,536

Memory
8,950

 
11,697

 
19,853

 
39,312

Advanced Packaging
6,890

 
11,827

 
17,030

 
16,526

Total Capital Equipment revenue
$
113,222

 
$
80,567

 
$
215,546

 
$
196,505


The following table reflects capital expenditures, depreciation expense and amortization expense for the three and six months ended March 28, 2020 and March 30, 2019.
 
 
 
 
 
Three months ended
 
Six months ended
(in thousands)
March 28, 2020
 
March 30, 2019
 
March 28, 2020
 
March 30, 2019
Capital expenditures:
 
 
 
 
 

 
 

      Capital Equipment
$
812

 
$
1,288

 
$
1,886

 
$
3,472

      APS
1,963

 
946

 
3,213

 
3,704

 
$
2,775

 
$
2,234

 
$
5,099

 
$
7,176

 
 
 
 
 
 
 
 
Depreciation expense:
 

 
 

 
 

 
 

      Capital Equipment
$
1,491

 
$
2,002

 
$
3,034

 
$
3,740

      APS
1,458

 
1,366

 
2,857

 
2,520

 
$
2,949

 
$
3,368

 
$
5,891

 
$
6,260

 
 
 
 
 
 
 
 
Amortization expense:
 
 
 
 
 
 
 
      Capital Equipment
$
977

 
$
1,003

 
$
1,952

 
$
2,010

      APS
843

 
866

 
1,685

 
1,736

 
$
1,820

 
$
1,869

 
$
3,637

 
$
3,746