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Business Segment Information
9 Months Ended
Jun. 27, 2020
Segment Reporting [Abstract]  
Business Segment Information BUSINESS SEGMENT INFORMATION 
Our Interim Chief Executive Officer (the Chief Operating Decision Maker) regularly reviews financial information for our two reportable segments, Test & Simulation and Sensors. Test & Simulation manufactures and sells equipment and related software and services which are used by customers to characterize a product's mechanical properties or performance or create a desired human experience. Sensors manufactures and sells high-performance sensors which provide measurements of vibration, pressure, position, force and sound in a variety of applications. 
In evaluating each segment's performance, our Interim Chief Executive Officer focuses on income from operations. This measure excludes interest income and expense, income taxes and other non-operating items. Corporate expenses, including costs associated with various support functions such as human resources, information technology, legal, finance and accounting, and general and administrative costs are allocated to the reportable segments on the basis of revenue. The accounting policies of the reportable segments are the same as those described in Note 1 and Note 3 to the Consolidated Financial Statements found in our Annual Report on Form 10-K for the fiscal year ended September 28, 2019.
Intersegment revenue is based on standard costs with reasonable mark-ups established between the reportable segments. All significant intersegment amounts are eliminated to arrive at consolidated financial results.
Financial information by reportable segment is as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
June 27,
2020
 
June 29,
2019
 
June 27,
2020
 
June 29,
2019
Revenue
 
 
 
 
 
 
 
 
Test & Simulation
 
$
116,404

 
$
148,328

 
$
362,631

 
$
424,920

Sensors
 
80,222

 
84,231

 
251,955

 
244,556

Intersegment eliminations
 
(401
)
 
(350
)
 
(1,055
)
 
(1,040
)
Total revenue
 
$
196,225

 
$
232,209

 
$
613,531

 
$
668,436

 
 
 
 
 
 
 
 
 
Income (Loss) from operations
 
 
 
 
 
 
 
 
Test & Simulation1
 
$
(292
)
 
$
11,424

 
$
5,899

 
$
31,439

Sensors
 
12,935

 
11,556

 
29,873

 
33,694

Intersegment eliminations
 

 
21

 
(1
)
 
8

Total income from operations 1
 
$
12,643

 
$
23,001

 
$
35,771

 
$
65,141

1 
Test & Simulation Income (Loss) from operations for the three and nine months ended June 27, 2020 includes $2,745 and $8,883 of pre-tax severance and related expense, respectively. See Note 15 for additional information on restructuring and related costs.