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Business Segment Information
9 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
 
The Company’s three reportable segments are as follows:

Solar - The Company is a leading supplier of thermal processing systems, ALD, related automation, parts and services, to the solar/photovoltaic industry and also offers PECVD (plasma-enhanced chemical vapor deposition) equipment to the global solar market. On December 24, 2014, the Company acquired a 51% controlling interest in SoLayTec B.V. (“SoLayTec”) and beginning in the second quarter of 2015, its business has been included in the results for this segment.

Semiconductor - In the Company’s Semiconductor segment, it designs, manufactures, sells and services thermal processing equipment and related controls for use by leading semiconductor manufacturers, and in electronics, automotive and other industries. On January 30, 2015, the Company completed its acquisition of BTU and, since the second quarter of 2015, its business has been included in the results for this segment.

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.

Information concerning our business segments is as follows:
 
Three Months ended June 30,
 
Nine Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
 
(dollars in thousands)
Net Revenues:
 
 
 
 
 
 
 
Solar (1)
$
19,001

 
$
24,392

 
$
38,346

 
$
42,141

Semiconductor
12,200

 
12,945

 
33,406

 
25,765

Polishing
2,141

 
2,679

 
6,147

 
8,779

 
$
33,342

 
$
40,016

 
$
77,899

 
$
76,685

Operating income (loss):
 
 
 
 
 
 
 
Solar (1)
$
(402
)
 
$
1,232

 
$
(4,532
)
 
$
(1,987
)
Semiconductor
1,056

 
(1,113
)
 
777

 
(483
)
Polishing
343

 
574

 
899

 
1,917

Non-segment related
(1,599
)
 
(1,927
)
 
(5,281
)
 
(7,409
)
 
$
(602
)
 
$
(1,234
)
 
$
(8,137
)
 
$
(7,962
)

(1) 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.

 
June 30,
2016
 
September 30,
2015
 
(dollars in thousands)
Identifiable Assets:
 
 
 
Solar
$
50,580

 
$
45,717

Semiconductor
47,874

 
46,912

Polishing
5,274

 
5,793

Non-segment related
22,431

 
27,034

 
$
126,159

 
$
125,456