Industry Segments

9 Months Ended

Sep. 28, 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						Nine Months Ended
	September 28, 2013			September 29, 2012			September 28, 2013			September 29, 2012
Net sales by segment:
Semiconductor equipment	$	52,403		$	47,002		$	160,326		$	139,279
Microwave communications		3,574			7,051			10,112			19,663
Video cameras		3,985			3,695			12,192			11,506
Total consolidated net sales and net sales for reportable segments	$	59,962		$	57,748		$	182,630		$	170,448
Segment profit (loss):
Semiconductor equipment	$	(9,391	)	$	(1,006	)	$	(18,857	)	$	(2,345	)
Microwave communications		(1,511	)		53			(6,524	)		(810	)
Video cameras		458			133			1,116			(49	)
Loss for reportable segments		(10,444	)		(820	)		(24,265	)		(3,204	)
Other unallocated amounts:
Corporate expenses		(1,516	)		(1,787	)		(5,069	)		(5,175	)
Interest and other, net		16			739			42			920
Loss before income taxes	$	(11,944	)	$	(1,868	)	$	(29,292	)	$	(7,459	)

A small number of customers of our semiconductor equipment segment historically have been responsible for a significant portion of our consolidated net sales. Significant customer concentration information is as follows (in thousands):

	Three Months Ended		Nine Months Ended
	September 28, 2013	September 29, 2012	September 28, 2013	September 29, 2012
Customers individually accounting for more than 10% of consolidated net sales	one	one	one	one
Percentage of consolidated net sales	17%	39%	18%	41%