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Industry Segments
3 Months Ended
Mar. 29, 2014
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.

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  
     March 29,
2014
    March 30,
2013
 
  

 

 

   

 

 

 

Net sales by segment:

    

Semiconductor equipment

   $ 60,170     $ 48,584  

Microwave communications

     4,694       3,643  

Video cameras

     3,553       3,789  
  

 

 

   

 

 

 

Total consolidated net sales and net sales for reportable segments

   $ 68,417     $ 56,016  
  

 

 

   

 

 

 

Segment profit (loss):

    

Semiconductor equipment

   $ (825   $ (8,861

Microwave communications

     (539     (2,372

Video cameras

     121       207  
  

 

 

   

 

 

 

Loss for reportable segments

     (1,243     (11,026

Other unallocated amounts:

    

Corporate expenses

     (2,175     (1,903

Interest and other, net

     15       10  
  

 

 

   

 

 

 

Loss before taxes

   $ (3,403   $ (12,919
  

 

 

   

 

 

 

 

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:

 

      Three Months Ended
     March 29,
2014
  March 30,
2013

Customers individually accounting for more than 10% of consolidated net sales

   two   one

Percentage of consolidated net sales

   26%   20%