Segment Information

6 Months Ended

Jul. 01, 2012

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision maker is our Chief Executive Officer.

We report our segments based on a market-focused organization. Our segments are:Electronics, Materials Science, Life Sciences and Service and Components.

The following tables summarize various financial amounts for each of our business segments (in thousands):

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	July 1, 2012		July 3, 2011		July 1, 2012		July 3, 2011
Sales to External Customers:
Electronics	$	81,504	$	86,990	$	159,394	$	148,338
Materials Science	68,476		55,136		141,696		125,795
Life Sciences	22,664		26,770		40,898		50,795
Service and Components	48,808		42,245		97,019		83,173
Total	$	221,452	$	211,141	$	439,007	$	408,101
Gross Profit:
Electronics	$	44,490	$	45,121	$	86,219	$	76,883
Materials Science	31,811		24,753		65,139		55,526
Life Sciences	10,351		12,766		17,300		22,668
Service and Components	17,777		13,055		33,882		26,522
Total	$	104,429	$	95,695	$	202,540	$	181,599

	July 1, 2012		December 31, 2011
Goodwill:
Electronics	$	18,109	$	18,115
Materials Science	39,976		17,991
Life Sciences	16,609		16,895
Service and Components	5,049		5,052
Total	$	79,743	$	58,053
Total Assets:
Electronics	$	168,528	$	121,311
Materials Science	190,176		180,607
Life Sciences	70,707		67,445
Service and Components	177,442		158,542
Corporate and Eliminations	545,495		562,004
Total	$	1,152,348	$	1,089,909

Market segment disclosures are presented to the gross profit level as this is the primary performance measure for which the segment general managers are responsible. Selling, general and administrative, research and development and other operating expenses are managed and reported at the corporate level and, given allocation to the market segments would be arbitrary, have not been allocated to the market segments. See our Consolidated Statements of Operations for reconciliations from gross profit to income before income taxes. These reconciling items are not included in the measure of profit and loss for each reportable segment.