XML 62 R25.htm IDEA: XBRL DOCUMENT v3.19.3
Business Segments
 12 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Business Segments

18.  Business Segments

After announcing the planned divestiture of our Solar segment (see Note 2), we conducted an evaluation of our organizational structure. Beginning with the second quarter of fiscal 2019, we made changes to our reportable segments. Prior period amounts have been revised to conform to the current period segment reporting structure.

Our three reportable segments are as follows:

Semiconductor–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.

SiC/LED–We produce 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. We formerly referred to our SiC/LED segment as “Polishing.”

Automation–We are a leading supplier of solar and semiconductor automation with in-house design and manufacturing capabilities and offer a full array of single wafer transfer tools as well as batch transfer tools and stocker options.

Information concerning our business segments is as follows (in thousands):

 

 

 

Years Ended September 30,

 

 

 

2019

 

 

2018

 

 

2017

 

Net revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Semiconductor

 

$

66,455

 

 

$

80,163

 

 

$

67,237

 

SiC/LED

 

 

13,682

 

 

 

13,761

 

 

 

10,248

 

Automation

 

 

4,898

 

 

 

6,129

 

 

 

5,588

 

 

 

$

85,035

 

 

$

100,053

 

 

$

83,073

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Semiconductor

 

$

8,744

 

 

$

11,848

 

 

$

9,538

 

SiC/LED

 

 

3,641

 

 

 

3,672

 

 

 

2,617

 

Automation

 

 

(786

)

 

 

(2,897

)

 

 

(724

)

Non-segment related

 

 

(6,683

)

 

 

(6,551

)

 

 

(7,790

)

 

 

$

4,916

 

 

$

6,072

 

 

$

3,641

 

 

 

 

Years Ended September 30,

 

 

 

2019

 

 

2018

 

 

2017

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

Semiconductor

 

$

379

 

 

$

352

 

 

$

236

 

SiC/LED

 

 

171

 

 

 

603

 

 

 

12

 

Automation

 

 

22

 

 

 

25

 

 

 

148

 

Non-segment related

 

 

11

 

 

 

14

 

 

 

22

 

 

 

$

583

 

 

$

994

 

 

$

418

 

Depreciation and amortization expense:

 

 

 

 

 

 

 

 

 

 

 

 

Semiconductor

 

$

828

 

 

$

715

 

 

$

876

 

SiC/LED

 

 

136

 

 

 

136

 

 

 

73

 

Automation

 

 

103

 

 

 

135

 

 

 

325

 

Non-segment related

 

 

58

 

 

 

67

 

 

 

99

 

 

 

$

1,125

 

 

$

1,053

 

 

$

1,373

 

 

 

 

September 30,

2019

 

 

September 30,

2018

 

Identifiable assets:

 

 

 

 

 

 

 

 

Semiconductor

 

$

56,855

 

 

$

59,744

 

SiC/LED

 

 

7,779

 

 

 

6,545

 

Automation

 

 

2,661

 

 

 

3,586

 

Non-segment related*

 

 

36,427

 

 

 

34,209

 

Held-for-sale assets**

 

 

22,755

 

 

 

45,322

 

 

 

$

126,477

 

 

$

149,406

 

 

*

Non-segment related assets include cash, property and other assets.

**

See Note 2 for additional information on held-for-sale assets.