Segment Information (Tables)

12 Months Ended

Dec. 31, 2013

Sales and Gross Margin for Reportable Segments

The following table represents sales and gross margin of the Company’s reportable segments (in thousands):

	Year Ended December 31,
	2013		2012		2011
Sales
Laser Products	$	191,300	$	186,341	$	196,014
Medical Technologies		90,276		25,915		27,285
Precision Motion		60,036		59,242		80,997
Total	$	341,612	$	271,498	$	304,296

	Year Ended December 31,
	2013			2012			2011
Gross Profit
Laser Products	$	76,040		$	75,456		$	85,891
Medical Technologies		35,824			13,149			13,647
Precision Motion		27,779			26,796			35,552
Corporate, Shared Services, and Unallocated		(194	)		(925	)		(1,990	)
Total	$	139,449		$	114,476		$	133,100

	Year Ended December 31,
	2013			2012			2011
Operating Income
Laser Products	$	23,388		$	19,225		$	28,572
Medical Technologies		3,566			8,285			8,855
Precision Motion		12,062			9,482			15,675
Corporate, Shared Services, and Unallocated		(21,325	)		(21,985	)		(17,254	)
Total	$	17,691		$	15,007		$	35,848

	Year Ended December 31,
	2013		2012		2011
Depreciation and Amortization
Laser Products	$	7,119	$	9,192	$	7,503
Medical Technologies		8,808		702		688
Precision Motion		1,979		2,066		2,768
Corporate, Shared Services, and Unallocated		2,828		3,467		3,507
Total	$	20,734	$	15,427	$	14,466

Long Lived Assets

Geographic Information

Long-lived assets consist of property, plant and equipment, net, and are aggregated based on the location of the assets. A summary of these long-lived assets are as follows (in thousands):

	December 31,
	2013		2012
United States	$	23,691	$	22,679
Europe		5,626		5,963
Japan		159		208
Asia-Pacific and other		3,014		3,488
Total	$	32,490	$	32,338

Sales

Geographic Information

The Company aggregates geographic sales based on the customer location where products are shipped. Sales to these customers are as follows (in thousands except percentage data):

	Year Ended December 31,
	2013					2012					2011
	Sales		% of Total			Sales		% of Total			Sales		% of Total
United States	$	115,351		33.8	%	$	86,310		31.8	%	$	102,792		33.8	%
Germany		57,873		16.9			36,554		13.4			43,805		14.4
Rest of Europe		51,349		15.0			45,261		16.7			47,832		15.7
Asia-Pacific		75,016		22.0			67,717		24.9			72,201		23.7
Japan		29,689		8.7			27,808		10.2			30,597		10.1
Other		12,334		3.6			7,848		3.0			7,069		2.3
Total	$	341,612		100.0	%	$	271,498		100.0	%	$	304,296		100.0	%