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Operating Segment and Geographic Information
12 Months Ended
Dec. 30, 2017
Segment Reporting [Abstract]  
Operating Segment and Geographic Information
Segments and Geographic Information

Until the acquisition of Cascade Microtech, we operated in one reportable segment relating to the design, development, manufacture and sale of high performance advanced probe cards. We currently operate in two reportable segments consisting of the Probe Cards Segment and the Systems Segment.

Our chief operating decision maker ("CODM") is our Chief Executive Officer, who reviews operating results to make decisions about allocating resources and assessing performance for the entire company.

The following table summarizes the operating results by reportable segment (dollars in thousands):
 
Fiscal 2017
 
Probe Cards
 
Systems
 
Corporate and Other
 
Total
Revenues
$
454,794

 
$
93,647

 
$

 
$
548,441

Gross profit
$
195,903

 
$
46,647

 
$
(26,953
)
 
$
215,597

Gross margin
43.1
%
 
49.8
%
 
%
 
39.3
%
Operating income (loss)
$
61,108

 
$
17,569

 
$
(32,376
)
 
$
46,301


 
Fiscal 2016
 
Probe Cards
 
Systems
 
Corporate and Other
 
Total
Revenues
$
337,970

 
$
45,911

 
$

 
$
383,881

Gross profit
$
121,407

 
$
23,925

 
$
(42,650
)
 
$
102,682

Gross margin
35.9
%
 
52.1
%
 
%
 
26.7
%
Operating income (loss)
$
49,382

 
$
8,968

 
$
(106,257
)
 
$
(47,907
)

 
Fiscal 2015
 
Probe Cards
 
Systems
 
Corporate and Other
 
Total
Revenues
$
282,358

 
$

 
$

 
$
282,358

Gross profit
$
99,199

 
$

 
$
(13,461
)
 
$
85,738

Gross margin
35.1
%
 
%
 
%
 
30.4
%
Operating income (loss)
$
39,964

 
$

 
$
(44,067
)
 
$
(4,103
)


Operating results provide useful information to our management for assessment of our performance and results of operations. Certain components of our operating results are utilized to determine executive compensation along with other measures.

Corporate and Other includes unallocated expenses relating to amortization of intangible assets, share-based compensation expense, acquisition-related costs, including charges related to inventory stepped up to fair value, and other costs, which are not used in evaluating the results of, or in allocating resources to, our reportable segments. Acquisition-related costs include transaction costs and any costs directly related to the acquisition and integration of acquired businesses.

The following table summarizes revenue, by geographic region, as a percentage of total revenues based upon ship-to location:
 
Fiscal Year Ended
 
December 30, 2017
 
December 31, 2016
 
December 26, 2015
United States
34.0
%
 
33.3
%
 
23.4
%
South Korea
14.9

 
17.1

 
25.2

Taiwan
17.7

 
14.9

 
21.9

Europe
8.2

 
12.9

 
9.0

Asia-Pacific(1)
16.6

 
11.4

 
11.1

Japan
8.1

 
10.0

 
9.4

Rest of the world
0.5

 
0.4

 

Total Revenues
100.0
%
 
100.0
%
 
100.0
%


(1)Asia-Pacific includes all countries in the region except Taiwan, Japan and South Korea, which are disclosed separately.

The following table summarizes revenue by product group (in thousands):
 
Fiscal Year Ended
 
December 30, 2017
 
December 31, 2016
 
December 26, 2015
Foundry & Logic
$
313,714

 
$
237,591

 
$
145,839

DRAM
124,685

 
86,910

 
125,512

Flash
16,395

 
13,469

 
11,007

Systems
93,647

 
45,911

 

Total revenues
$
548,441

 
$
383,881

 
$
282,358



Long-lived assets, comprised of Property, plant and equipment, net, Goodwill and Intangibles, net reported based on the location of the asset was as follows (in thousands):
 
December 30, 2017
 
December 31, 2016
 
December 26, 2015
United States
$
299,574

 
$
323,369

 
$
77,257

Europe
30,922

 
30,903

 
655

Asia-Pacific(1)
1,765

 
1,709

 
689

South Korea
487

 
733

 
1,128

Japan
825

 
510

 
295

Rest of the world
585

 
57

 
112

Total
$
334,158

 
$
357,281

 
$
80,136


(1) Asia-Pacific includes all countries in the region except Japan and South Korea, which are disclosed separately.