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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2013
Segment Information  
Information related to reportable segments and a reconciliation of segment profit (loss) to income (loss) from continuing operations before income taxes

The following tables present certain data pertaining to our reportable segments and a reconciliation of segment profit (loss) to income (loss) from continuing operations before income taxes for the three and six months ended June 30, 2013 and 2012, respectively, and goodwill and total assets as of June 30, 2013 and December 31, 2012 (in thousands):

 

 

 

LED & Solar

 

Data Storage

 

Unallocated
Corporate

 

Total

 

Three months ended June 30, 2013

 

 

 

 

 

 

 

 

 

Net sales

 

$

75,933

 

$

21,502

 

$

—

 

$

97,435

 

Segment profit (loss)

 

$

3,124

 

$

(121

)

$

(5,247

)

$

(2,244

)

Interest income, net

 

—

 

—

 

236

 

236

 

Amortization

 

(532

)

(323

)

—

 

(855

)

Equity-based compensation

 

(1,316

)

(488

)

(1,909

)

(3,713

)

Income (loss) from continuing operations before income taxes

 

$

1,276

 

$

(932

)

$

(6,920

)

$

(6,576

)

Three months ended June 30, 2012

 

 

 

 

 

 

 

 

 

Net sales

 

$

86,778

 

$

49,769

 

$

—

 

$

136,547

 

Segment profit (loss)

 

$

9,587

 

$

12,136

 

$

(1,404

)

$

20,319

 

Interest income, net

 

—

 

—

 

329

 

329

 

Amortization

 

(861

)

(324

)

—

 

(1,185

)

Equity-based compensation

 

(1,096

)

(440

)

(2,478

)

(4,014

)

Income (loss) from continuing operations before income taxes

 

$

7,630

 

$

11,372

 

$

(3,553

)

$

15,449

 

 

 

 

 

 

 

 

 

 

 

Six months ended June 30, 2013

 

 

 

 

 

 

 

 

 

Net sales

 

$

118,240

 

$

40,976

 

$

—

 

$

159,216

 

Segment (loss) profit

 

$

(8,098

)

$

254

 

$

(10,058

)

$

(17,902

)

Interest income, net

 

—

 

—

 

428

 

428

 

Amortization

 

(1,064

)

(647

)

—

 

(1,711

)

Equity-based compensation

 

(2,026

)

(618

)

(3,648

)

(6,292

)

Restructuring

 

(423

)

(50

)

(58

)

(531

)

Loss from continuing operations before income taxes

 

$

(11,611

)

$

(1,061

)

$

(13,336

)

$

(26,008

)

Six months ended June 30, 2012

 

 

 

 

 

 

 

 

 

Net sales

 

$

182,352

 

$

94,104

 

$

—

 

$

276,456

 

Segment profit (loss)

 

$

27,073

 

$

21,089

 

$

(2,489

)

$

45,673

 

Interest income, net

 

—

 

—

 

532

 

532

 

Amortization

 

(1,724

)

(676

)

—

 

(2,400

)

Equity-based compensation

 

(2,102

)

(851

)

(4,191

)

(7,144

)

Restructuring

 

(58

)

(5

)

—

 

(63

)

Income (loss) from continuing operations before income taxes

 

$

23,189

 

$

19,557

 

$

(6,148

)

$

36,598

 
Schedule of reconciliation of segment assets to consolidated assets

 

As of June 30, 2013

 

LED & Solar

 

Data Storage

 

Unallocated
Corporate

 

Total

 

Goodwill

 

$

55,828

 

$

—

 

$

—

 

$

55,828

 

Total assets

 

$

257,030

 

$

39,275

 

$

641,763

 

$

938,068

 

 

As of December 31, 2012

 

 

 

 

 

 

 

 

 

Goodwill

 

$

55,828

 

$

—

 

$

—

 

$

55,828

 

Total assets

 

$

276,352

 

$

38,664

 

$

622,288

 

$

937,304