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Segment Reporting (Tables)
3 Months Ended
Mar. 30, 2019
Information for Each Reportable Segment
Information for each reportable segment for the three months ended March 30, 2019 and March 31, 2018 is as follows:
Net Revenues
 
 
 
Three Months Ended
 
 
 
March 30,

2019
 
 
March 31,

2018
 
 
 
(In thousands)
 
TFE
 
$
18,945
 
 
$
12,789
 
Photonics
 
 
5,882
 
 
 
5,185
 
Total segment net revenues
 
$
24,827
 
 
$
17,974
 
Operating Loss
 
 
 
Three Months Ended
 
 
 
March 30,

2019
 
 
March 31,

2018
 
 
 
(In thousands)
 
TFE
 
$
(603
)
 
$
(2,509
)
Photonics
 
 
(640
)
 
 
(1,210
)
Total segment operating loss
 
 
(1,243
)
 
 
(3,719
)
Unallocated costs
 
 
(756
)
 
 
(1,402
)
Loss from operations
 
 
(1,999
)
 
 
(5,121
)
Interest income and other income (expense), net
 
 
160
 
 
 
145
 
Loss before income taxes
 
$
(1,839
)
 
$
(4,976
)
Segment Assets
Total assets for each reportable segment as of March 30, 2019 and December 29, 2018 are as follows:
Assets
 
 
 
March 30,

2019
 
 
December 29,

2018
 
 
 
(In thousands)
 
TFE
 
$
52,417
 
 
$
53,867
 
Photonics
 
 
18,115
 
 
 
16,721
 
Total segment assets
 
 
70,532
 
 
 
70,588
 
Cash, cash equivalents and investments
 
 
40,695
 
 
 
39,163
 
Restricted cash
 
 
1,254
 
 
 
1,169
 
Deferred income taxes
 
 
7,581
 
 
 
7,913
 
Other current assets
 
 
1,124
 
 
 
1,341
 
Common property, plant and equipment
 
 
1,026
 
 
 
1,017
 
Common operating lease right-of-use assets
 
 
2,194
 
 
 
 
Other assets
 
 
887
 
 
 
879
 
Consolidated total assets
 
$
125,293
 
 
$
122,070