Segment Information (Tables)

3 Months Ended

Apr. 02, 2021

Segment Reporting [Abstract]

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
	April 2,		April 3,
Revenue	2021		2020
Photonics	$	58,493	$	55,140
Vision		67,636		69,008
Precision Motion		36,455		31,320
Total	$	162,584	$	155,468

	Three Months Ended
	April 2,			April 3,
Gross Profit	2021			2020
Photonics	$	28,109		$	24,661
Vision		26,926			26,575
Precision Motion		16,077			13,908
Unallocated Corporate and Shared Services		(2,372	)		(699	)
Total	$	68,740		$	64,445

	Three Months Ended
	April 2,			April 3,
Gross Profit Margin	2021			2020
Photonics		48.1	%		44.7	%
Vision		39.8	%		38.5	%
Precision Motion		44.1	%		44.4	%
Total		42.3	%		41.5	%

	Three Months Ended
	April 2,			April 3,
Operating Income (Loss)	2021			2020
Photonics	$	12,395		$	8,915
Vision		3,366			5,634
Precision Motion		7,446			6,538
Unallocated Corporate and Shared Services		(12,108	)		(7,837	)
Total	$	11,099		$	13,250

	Three Months Ended
	April 2,		April 3,
Depreciation and Amortization Expenses	2021		2020
Photonics	$	2,898	$	2,649
Vision		5,275		5,277
Precision Motion		1,607		1,353
Unallocated Corporate and Shared Services		69		51
Total	$	9,849	$	9,330

Schedule of Geographic Revenue

The Company aggregates geographic revenue based on the customer location where products are shipped to. Revenue from these customers was as follows (in thousands):

	Three Months Ended
	April 2,		April 3,
	2021		2020
United States	$	59,230	$	59,205
Germany		22,363		23,233
Rest of Europe		35,575		33,085
China		22,551		15,404
Rest of Asia-Pacific		20,747		21,700
Other		2,118		2,841
Total	$	162,584	$	155,468

Revenue By End Market

The Company primarily operates in two end markets: the medical market and advanced industrial market. Revenue by end market was approximately as follows:

	Three Months Ended
	April 2,			April 3,
	2021			2020
Medical		55	%		58	%
Advanced Industrial		45	%		42	%
Total		100	%		100	%