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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2012
Business Segment Information [Abstract]  
Calculation of segment income
                                 
(In thousands)   Photonics and
Precision
Technologies
    Lasers     Ophir     Total  
         

Three months ended June 30, 2012:

                               

Sales to external customers

  $ 82,858     $ 44,734     $ 26,063     $ 153,655  

Segment income

  $ 18,987     $ 2,878     $ 1,905     $ 23,770  
         

Three months ended July 2, 2011:

                               

Sales to external customers

  $ 85,415     $ 44,717     $ —       $ 130,132  

Segment income

  $ 20,746     $ 4,045     $ —       $ 24,791  
         

Six months ended June 30, 2012:

                               

Sales to external customers

  $ 161,912     $ 93,961     $ 54,949     $ 310,822  

Segment income

  $ 34,982     $ 9,534     $ 4,170     $ 48,686  
         

Six months ended July 2, 2011:

                               

Sales to external customers

  $ 167,579     $ 90,964     $ —       $ 258,543  

Segment income

  $ 40,411     $ 8,849     $ —       $ 49,260  
Reconciliation of segment income to consolidated income before income taxes
                                 
    Three Months Ended     Six Months Ended  
(In thousands)   June 30,
2012
    July 2,
2011
    June 30,
2012
    July 2,
2011
 

Segment income

  $ 23,770     $ 24,791     $ 48,686     $ 49,260  

Gain on sale of investment

    5,298       —         5,298       —    

Foreign currency translation gain from dissolution of subsidiary

    —         —         —         7,198  

Unallocated operating expenses

    (12,425     (8,054     (27,131     (15,557

Interest and other expense, net

    (2,828     (1,624     (5,015     (4,029
   

 

 

   

 

 

   

 

 

   

 

 

 
    $ 13,815     $ 15,113     $ 21,838     $ 36,872