Note 7 - Segment and Geographic Information

12 Months Ended

Dec. 30, 2017

Segment Reporting Disclosure [Text Block]

Segment and Geographic Information

We applied the provisions of ASC

280,

which sets forth a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products, major customers and the geographies in which the entity holds material assets and reports revenue. An operating segment is defined as a component that engages in business activities whose operating results are reviewed by the chief operating decision maker and for which discrete financial information is available. Based on the provisions of ASC

280,

we have determined that our identified operating segment

s, which are Digital Test Handlers (DTH), Analog Test Handlers (ATH) and Integrated Test Solutions (ITS), qualify for aggregation under ASC

280

due to similarities in their customers, their economic characteristics, and the nature of products and services provided and, as a result we report in

one

segment, semiconductor equipment. As a result, the financial information disclosed herein materially represents all of the financial information related to our semiconductor equipment segment.

During the last

three

years, the following customers comprised

10%

or greater of our consolidated net sales:

	2017			2016			2015
Intel		11.2	%		17.2	%		18.0	%
NXP Semiconductors N.V. (1)		15.9	%		13.7	%		11.4	%


( 1 )	The merger of NXP Semiconductors N.V. and Freescale Semiconductor, Ltd. was completed on December 7, 2015. Sales to these customers have been combined for all periods presented.

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

(in thousands)	2017		2016		2015
China	$	82,474	$	60,291	$	52,589
Malaysia		80,102		85,956		60,776
United States		38,729		35,204		50,704
Rest of the World		151,399		100,633		105,585
Total, net	$	352,704	$	282,084	$	269,654

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

(in thousands)	2017		2016
Property, plant and equipment:
Japan	$	12,137	$	-
Germany		7,485		6,674
Philippines		5,808		4,167
Malaysia		4,622		4,067
United States		3,064		2,398
Rest of the World		1,056		928
Total, net	$	34,172	$	18,234

Goodwill and other intangible assets:
Germany	$	30,546	$	26,892
United States		17,242		17,242
Switzerland		15,450		18,264
Malaysia		7,078		6,775
Singapore		6,558		6,558
Japan		4,491		-
Rest of the World		996		953
Total, net	$	82,361	$	76,684