Revenue, Gross Profit, Gross Profit Margin, Operating Income (Loss), and Depreciation and Amortization Expenses by Reportable Segment |
Revenue, gross profit, gross profit margin, operating income (loss), and depreciation and amortization expenses by reportable segment were as follows (in thousands, except percentage data):
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
September 27, |
|
|
September 28, |
|
|
September 27, |
|
|
September 28, |
|
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
Revenue |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Photonics |
$ |
54,570 |
|
|
$ |
61,285 |
|
|
$ |
172,081 |
|
|
$ |
187,178 |
|
Vision |
|
69,923 |
|
|
|
62,113 |
|
|
|
201,754 |
|
|
|
172,145 |
|
Precision Motion |
|
29,573 |
|
|
|
37,396 |
|
|
|
92,562 |
|
|
|
98,836 |
|
Total |
$ |
154,066 |
|
|
$ |
160,794 |
|
|
$ |
466,397 |
|
|
$ |
458,159 |
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
September 27, |
|
|
September 28, |
|
|
September 27, |
|
|
September 28, |
|
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
Gross Profit |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Photonics |
$ |
25,289 |
|
|
$ |
29,218 |
|
|
$ |
79,911 |
|
|
$ |
89,510 |
|
Vision |
|
26,922 |
|
|
|
24,160 |
|
|
|
78,106 |
|
|
|
64,322 |
|
Precision Motion |
|
12,504 |
|
|
|
16,788 |
|
|
|
39,784 |
|
|
|
44,750 |
|
Unallocated Corporate and Shared Services |
|
(661 |
) |
|
|
(532 |
) |
|
|
(1,676 |
) |
|
|
(1,560 |
) |
Total |
$ |
64,054 |
|
|
$ |
69,634 |
|
|
$ |
196,125 |
|
|
$ |
197,022 |
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
September 27, |
|
|
September 28, |
|
|
September 27, |
|
|
September 28, |
|
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
Gross Profit Margin |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Photonics |
|
46.3 |
% |
|
|
47.7 |
% |
|
|
46.4 |
% |
|
|
47.8 |
% |
Vision |
|
38.5 |
% |
|
|
38.9 |
% |
|
|
38.7 |
% |
|
|
37.4 |
% |
Precision Motion |
|
42.3 |
% |
|
|
44.9 |
% |
|
|
43.0 |
% |
|
|
45.3 |
% |
Total |
|
41.6 |
% |
|
|
43.3 |
% |
|
|
42.1 |
% |
|
|
43.0 |
% |
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
September 27, |
|
|
September 28, |
|
|
September 27, |
|
|
September 28, |
|
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
Operating Income (Loss) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Photonics |
$ |
10,661 |
|
|
$ |
14,595 |
|
|
$ |
34,637 |
|
|
$ |
46,102 |
|
Vision |
|
5,830 |
|
|
|
5,380 |
|
|
|
14,602 |
|
|
|
6,246 |
|
Precision Motion |
|
5,221 |
|
|
|
8,818 |
|
|
|
16,839 |
|
|
|
25,037 |
|
Unallocated Corporate and Shared Services |
|
(8,911 |
) |
|
|
(7,798 |
) |
|
|
(23,779 |
) |
|
|
(22,048 |
) |
Total |
$ |
12,801 |
|
|
$ |
20,995 |
|
|
$ |
42,299 |
|
|
$ |
55,337 |
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
September 27, |
|
|
September 28, |
|
|
September 27, |
|
|
September 28, |
|
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
Depreciation and Amortization Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Photonics |
$ |
3,276 |
|
|
$ |
2,997 |
|
|
$ |
8,486 |
|
|
$ |
9,030 |
|
Vision |
|
5,432 |
|
|
|
5,100 |
|
|
|
15,658 |
|
|
|
15,371 |
|
Precision Motion |
|
1,061 |
|
|
|
1,020 |
|
|
|
3,613 |
|
|
|
2,364 |
|
Unallocated Corporate and Shared Services |
|
71 |
|
|
|
82 |
|
|
|
197 |
|
|
|
621 |
|
Total |
$ |
9,840 |
|
|
$ |
9,199 |
|
|
$ |
27,954 |
|
|
$ |
27,386 |
|
|
Schedule of Geographic Revenue |
The Company aggregates geographic revenue based on the customer location where products are shipped. Revenue from these customers was as follows (in thousands):
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
September 27, |
|
|
September 28, |
|
|
September 27, |
|
|
September 28, |
|
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
United States |
$ |
63,278 |
|
|
$ |
63,073 |
|
|
$ |
190,048 |
|
|
$ |
181,653 |
|
Germany |
|
21,423 |
|
|
|
23,089 |
|
|
|
63,738 |
|
|
|
64,170 |
|
Rest of Europe |
|
30,489 |
|
|
|
30,222 |
|
|
|
97,230 |
|
|
|
80,629 |
|
China |
|
11,895 |
|
|
|
17,516 |
|
|
|
42,395 |
|
|
|
51,486 |
|
Rest of Asia-Pacific |
|
24,218 |
|
|
|
24,882 |
|
|
|
65,367 |
|
|
|
74,589 |
|
Other |
|
2,763 |
|
|
|
2,012 |
|
|
|
7,619 |
|
|
|
5,632 |
|
Total |
$ |
154,066 |
|
|
$ |
160,794 |
|
|
$ |
466,397 |
|
|
$ |
458,159 |
|
|