Segment Information

3 Months Ended

Mar. 30, 2014

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 currently report our segments based on a group structure organization. Our segments are the Industry Group and the Science Group.

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

	Thirteen Weeks Ended
	March 30, 2014		March 31, 2013
Sales to External Customers:
Industry Group	$	106,437	$	99,064
Science Group	119,827		122,125
Total	$	226,264	$	221,189
Gross Profit:
Industry Group	$	56,132	$	50,514
Science Group	50,192		52,037
Total	$	106,324	$	102,551

	March 30, 2014		December 31, 2013
Goodwill:
Industry Group	$	99,688	$	51,532
Science Group	84,572		84,620
Total	$	184,260	$	136,152
Total Assets:
Industry Group	$	401,073	$	297,987
Science Group	361,215		365,571
Corporate and Eliminations	715,312		762,526
Total	$	1,477,600	$	1,426,084

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 the 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.