Note 10 - Segment and Geographic Information

3 Months Ended

Mar. 27, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

10. Segment and Geographic Information

The summary below presents our current segments, Semiconductor Test & Inspection and PCB Test, for the three-month periods ended March 27, 2021 and March 28, 2020.

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

				Three Months Ended
	March 27,			March 28,
	2021			2020
Net sales by segment:
Semiconductor Test & Inspection	$	212,406		$	128,013
PCB Test		13,082			10,908
Total consolidated net sales for reportable segments	$	225,488		$	138,921
Segment profit (loss) before tax:
Semiconductor Test & Inspection	$	36,627		$	(11,573	)
PCB Test		2,429			994
Profit (loss) for reportable segments		39,056			(10,579	)
Other unallocated amounts:
Corporate expenses		(3,588	)		(3,451	)
Interest expense		(2,575	)		(4,427	)
Interest income		50			147
Loss on extinguishment of debt		(1,761	)		-
Income (loss) from continuing operations before taxes	$	31,182		$	(18,310	)

The following table summarizes our total assets by reportable business segment (in thousands):

	March 27,		December 26,
	2021		2020
Semiconductor Test & Inspection	$	1,012,182	$	968,028
PCB Test		66,979		66,826
Total assets for reportable segments		1,079,161		1,034,854
Corporate, principally cash and investments		179,594		55,492
Total consolidated assets	$	1,258,755	$	1,090,346

For revenues by geography and information on customer concentration, see Note 1, “Summary of Significant Accounting Policies”.