Segment Information (Tables)

9 Months Ended

Sep. 27, 2013

Sales Gross Profit Gross Profit Margin and Operating Income by Reportable Segments

Sales, gross profit, gross profit margin and operating income by reportable segments are as follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 27, 2013		September 28, 2012		September 27, 2013		September 28, 2012
Sales
Laser Products	$	50,340	$	48,369	$	142,519	$	138,828
Precision Technologies		35,144		21,151		111,386		66,257
Total	$	85,484	$	69,520	$	253,905	$	205,085

	Three Months Ended						Nine Months Ended
	September 27, 2013			September 28, 2012			September 27, 2013			September 28, 2012
Gross Profit
Laser Products	$	20,882		$	19,245		$	56,857		$	56,683
Precision Technologies		14,964			9,903			46,759			31,230
Corporate (1)		(55	)		(295	)		(163	)		(712	)
Total	$	35,791		$	28,853		$	103,453		$	87,201

⁽¹⁾  Corporate costs primarily represent unallocated overhead.

	Three Months Ended						Nine Months Ended
	September 27, 2013			September 28, 2012			September 27, 2013			September 28, 2012
Gross Profit Margin
Laser Products		41.5	%		39.8	%		39.9	%		40.8	%
Precision Technologies		42.6	%		46.8	%		42.0	%		47.1	%
Total		41.9	%		41.5	%		40.7	%		42.5	%

	Three Months Ended						Nine Months Ended
	September 27, 2013			September 28, 2012			September 27, 2013			September 28, 2012
Operating Income
Laser Products	$	7,653		$	5,379		$	16,258		$	13,313
Precision Technologies		2,754			3,689			11,032			14,208
Corporate, shared services and unallocated (2)		(4,689	)		(5,276	)		(16,276	)		(15,811	)
Total	$	5,718		$	3,792		$	11,014		$	11,710

⁽²⁾  Corporate and shared services costs primarily represent corporate and shared service function costs which are not allocated to the operating segments, including restructuring and all acquisition related costs.