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Segment and Related Information (Tables)
12 Months Ended
Dec. 29, 2012
Financial Information by Industry Segment

Financial information by industry segment is presented below:

 

(in thousands)

   2012     2011     2010  

Net sales by segment:

      

Semiconductor equipment

   $ 179,449     $ 260,648     $ 273,566  

Microwave communications

     26,863       29,967       31,705  

Video cameras

     14,850       18,353       17,396  
  

 

 

   

 

 

   

 

 

 

Total consolidated net sales and net sales for reportable segments

   $ 221,162     $ 308,968     $ 322,667  
  

 

 

   

 

 

   

 

 

 

Segment profit (loss):

      

Semiconductor equipment

   $ (5,331   $ 20,040     $ 29,654  

Microwave communications

     (847     1,510       3,679  

Video cameras

     (121     807       561  
  

 

 

   

 

 

   

 

 

 

Profit (loss) for reportable segments

     (6,299     22,357       33,894  

Other unallocated amounts:

      

Corporate expenses (1)

     (7,785     (5,021     (4,217

Interest and other income

     967       442       561  
  

 

 

   

 

 

   

 

 

 

Income (loss) from operations before income taxes

   $ (13,117   $ 17,778     $ 30,238  
  

 

 

   

 

 

   

 

 

 

 

(1) Increase in corporate expense in 2012 was primarily a result of $2.3 million in Ismeca acquisition related costs.

 

(in thousands)

   2012      2011      2010  

Depreciation and amortization by segment deducted in arriving at profit (loss):

        

Semiconductor equipment

   $ 4,506      $ 4,313      $ 3,596  

Microwave communications

     652        893        1,096  

Video cameras

     188        216        237  
  

 

 

    

 

 

    

 

 

 
     5,346        5,422        4,929  

Intangible amortization

     4,057        4,645        6,059  
  

 

 

    

 

 

    

 

 

 

Total depreciation and amortization for reportable segments

   $ 9,403      $ 10,067      $ 10,988  
  

 

 

    

 

 

    

 

 

 

Capital expenditures by segment:

        

Semiconductor equipment

   $ 2,759      $ 991      $ 3,973  

Microwave communications

     481        313        440  

Video cameras

     27        109        166  
  

 

 

    

 

 

    

 

 

 

Total consolidated capital expenditures

   $ 3,267      $ 1,413      $ 4,579  
  

 

 

    

 

 

    

 

 

 

(in thousands)

   2012      2011      2010  

Total assets by segment:

        

Semiconductor equipment

   $ 281,173      $ 255,189      $ 255,246  

Microwave communications

     22,635        21,968        27,812  

Video cameras

     9,424        11,598        11,092  
  

 

 

    

 

 

    

 

 

 

Total assets for reportable segments

     313,232        288,755        294,150  

Corporate, principally cash and investments and deferred taxes

     21,641        72,853        71,893  
  

 

 

    

 

 

    

 

 

 

Total consolidated assets

   $ 334,873      $ 361,608      $ 366,043  
  

 

 

    

 

 

    

 

 

 
Summary of Semiconductor Equipment Net Sales

Customers from the semiconductor equipment segment comprising 10% or greater of our consolidated net sales are summarized as follows:

 

     2012     2011     2010  

Intel

     39      36      26 

Texas Instruments

     *        11      14 

*  Less than 10% of net sales

      
Summary of Net Sales to Customers, Attributed to Countries

Net sales to customers, attributed to countries based on product shipment destination, were as follows:

 

(in thousands)    2012      2011      2010  

United States

   $ 57,193      $ 77,563      $ 64,992  

Malaysia

     40,326        48,624        52,539  

China

     31,973        37,824        50,454  

Costa Rica

     22,934        14,152        6,778  

Philippines

     22,507        40,368        51,659  

Rest of the World

     46,229        90,437        96,245  
  

 

 

    

 

 

    

 

 

 

Total

   $ 221,162      $ 308,968      $ 322,667  
  

 

 

    

 

 

    

 

 

 
Summary of Property, Plant and Equipment in Geographical Area

Geographic location of our property, plant and equipment and other long-lived assets was as follows:

 

(in thousands)

   2012      2011  

Property, plant and equipment:

     

United States

   $ 22,621      $ 24,138  

Germany

     8,802        8,625  

Asia (Singapore, Taiwan and the Philippines)

     4,041        4,218  
  

 

 

    

 

 

 

Total, net

   $ 35,464      $ 36,981  
  

 

 

    

 

 

 

Goodwill and other intangible assets:

     

Germany

   $ 53,190      $ 56,089  

United States

     17,985        17,241  

Singapore

     6,558        6,558  
  

 

 

    

 

 

 

Total, net

   $ 77,733      $ 79,888