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Industry Segments
6 Months Ended
Jun. 29, 2013
Segment Reporting [Abstract]  
Industry Segments
6. Industry Segments

Our reportable segments are business units that offer different products and are managed separately because each business requires different technology and marketing strategies. Our reportable segments are: semiconductor equipment, microwave communications and video cameras. As discussed in Note 2, on December 31, 2012 we purchased Ismeca, which is included in our semiconductor equipment segment.

We allocate resources and evaluate the performance of segments based on profit or loss from operations, excluding interest, corporate expenses and unusual gains or losses. Intersegment sales were not significant for any period.

Financial information by industry segment is as follows (in thousands):

 

      Three Months Ended     Six Months Ended  
     June 29,
2013
    June 30,
2012
    June 29,
2013
    June 30,
2012
 
  

 

 

   

 

 

 

Net sales by segment:

        

Semiconductor equipment

   $ 59,339     $ 48,604     $ 107,923     $ 92,277  

Microwave communications

     2,895       5,834       6,538       12,612  

Video cameras

     4,418       4,966       8,207       7,811  
  

 

 

   

 

 

   

 

 

   

 

 

 

Total consolidated net sales and net sales for reportable segments

   $ 66,652     $ 59,404     $ 122,668     $ 112,700  
  

 

 

   

 

 

   

 

 

   

 

 

 

Segment profit (loss):

        

Semiconductor equipment

   $ (605   $ 368     $ (9,466   $ (1,339

Microwave communications

     (2,641     (988     (5,013     (863

Video cameras

     451       454       658       (182
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss for reportable segments

     (2,795     (166     (13,821     (2,384

Other unallocated amounts:

        

Corporate expenses

     (1,650     (1,899     (3,553     (3,388

Interest and other, net

     16       89       26       181  
  

 

 

   

 

 

   

 

 

   

 

 

 

Loss before income taxes

   $ (4,429   $ (1,976   $ (17,348   $ (5,591
  

 

 

   

 

 

   

 

 

   

 

 

 

A small number of customers historically have been responsible for a significant portion of our total consolidated net sales. During the second quarter of fiscal 2013 two customers and during the first six months of fiscal 2013 one customer of the semiconductor equipment segment each represented more than 10% of our total consolidated net sales and combined they accounted for 27% and 18% of our total consolidated net sales in such respective periods. During the second quarter and the first six months of fiscal 2012, one customer of the semiconductor equipment segment represented more than 10% of our total consolidated net sales and, accounted for 38% and 42% of our total consolidated net sales in such respective periods.