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Business Segment Information
6 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
 
Following the Company's acquisition of BTU, an evaluation was conducted of the Company's organizational structure. Beginning with the second quarter of 2015, the Company made changes to its reportable segments. Prior period amounts have been revised to conform to the current period segment reporting structure. The Company’s three reportable segments are as follows:

Solar - In the Company’s Solar segment, we are a leading supplier of thermal processing systems, including related automation, parts and services, to the solar/photovoltaic industry and also offer PECVD (plasma-enhanced chemical vapor deposition) equipment to the global solar market.

Semiconductor - In the Company’s Semiconductor segment, we design, manufacture, sell and service thermal processing equipment and related controls for use by leading semiconductor manufacturers, and in electronics, automotive and other industries.

Polishing - In the Company's Polishing segment, the Company produces consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components.

On December 24, 2014, the Company acquired a 51% controlling interest in SoLayTec, and on January 30, 2015, the Company completed its acquisition of BTU. Beginning in the second quarter of 2015, SoLayTec’s business is included in the results for the solar segment, and BTU’s business is included in the results for the semiconductor segment. See Note 9, “Acquisitions”, for additional information with respect to the Company’s recent acquisitions.



Information concerning our business segments is as follows:
 
Three Months Ended
 
Six Months Ended
 
March 31, 2015
 
March 31, 2014
 
March 31, 2015
 
March 31, 2014
 
(dollars in thousands)
Net Revenues:
 
 
 
 
 
 
 
Solar *
$
9,463

 
$
8,017

 
$
17,749

 
$
16,505

Semiconductor
12,088

 
2,271

 
12,820

 
6,346

Polishing
2,722

 
2,429

 
6,100

 
4,637

 
$
24,273

 
$
12,717

 
$
36,669

 
$
27,488

Operating income (loss):
 
 
 
 
 
 
 
Solar *
$
(724
)
 
$
(4,133
)
 
$
(3,219
)
 
$
(4,326
)
Semiconductor
730

 
207

 
630

 
748

Polishing
601

 
550

 
1,343

 
968

Non-segment related
(2,543
)
 
(1,158
)
 
(5,482
)
 
(2,403
)
 
$
(1,936
)
 
$
(4,534
)
 
$
(6,728
)
 
$
(5,013
)

* The financial statement of business units included in the Solar segment include some sales of equipment and parts to the semiconductor, silicon wafer and MEMS industries, comprising less than 25% of the Solar segment revenue.

 
March 31,
2015
 
September 30,
2014
 
(dollars in thousands)
Identifiable Assets:
 
 
 
Solar
$
67,669

 
$
56,858

Semiconductor
58,292

 
5,593

Polishing
5,887

 
6,253

Non-segment related
13,934

 
21,200

 
$
145,782

 
$
89,904