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Segment, Geographic, Product and Significant Customer Information
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Segment, Geographic, Product and Significant Customer Information

Note 16. Segment, Geographic, Product and Significant Customer Information

The Company has one operating segment, which is the sale, design, manufacture, marketing and support of thin film and optical critical dimension systems. The Chief Executive Officer has been identified as the Chief Operating Decision Maker (“CODM”) because he has the final authority over resource allocation decisions and performance assessment. The CODM does not receive discrete financial information about individual components of the Company's business. For the years ended December 31, 2016, December 26, 2015, and December 27, 2014, the Company recorded revenue from customers primarily in the United States, Asia and Europe. The following tables summarize total net revenues and long-lived assets (excluding intangible assets) attributed to significant countries (in thousands):

 

 

 

Years Ended

 

 

 

December 31, 2016

 

 

December 26, 2015

 

 

December 27, 2014

 

Total net revenues (1):

 

 

 

 

 

 

 

 

 

 

 

 

South Korea

 

$

44,735

 

 

$

30,572

 

 

$

41,381

 

China

 

 

43,460

 

 

 

17,373

 

 

 

28,702

 

Singapore

 

 

37,096

 

 

 

17,395

 

 

 

7,905

 

United States

 

 

29,887

 

 

 

36,720

 

 

 

36,123

 

Taiwan

 

 

27,189

 

 

 

46,715

 

 

 

19,790

 

Japan

 

 

26,604

 

 

 

31,140

 

 

 

15,185

 

Other

 

 

12,158

 

 

 

7,452

 

 

 

17,357

 

Total net revenues

 

$

221,129

 

 

$

187,367

 

 

$

166,443

 

 

(1)

Net revenues are attributed to countries based on the customer's deployment and service locations of systems.

 

 

 

December 31, 2016

 

 

December 26, 2015

 

Long-lived tangible assets:

 

 

 

 

 

 

 

 

United States

 

$

42,688

 

 

$

42,581

 

Taiwan

 

 

818

 

 

 

1,056

 

South Korea

 

 

554

 

 

 

697

 

Japan

 

 

57

 

 

 

59

 

All Other

 

 

109

 

 

 

100

 

Total long-lived tangible assets

 

$

44,226

 

 

$

44,493

 

 

The Company’s product lines differ primarily based on the environment in which the systems will be used. Automated systems are used primarily in high-volume production environments. Materials characterization products are primarily used to measure the composition, band gap, structure, and other physical and electrical properties of semiconducting materials for discrete electronic industry, high brightness LED and solar/photovoltaic structures in both development and high volume environments. Integrated systems are installed inside wafer processing equipment to provide near real-time measurements for improving process control and increasing throughput. Revenues by product type were as follows (in thousands): 

 

 

 

Years Ended

 

 

 

December 31, 2016

 

 

December 26, 2015

 

 

December 27, 2014

 

Automated Systems

 

$

127,378

 

 

$

102,386

 

 

$

108,768

 

Integrated Systems

 

 

43,846

 

 

 

31,579

 

 

 

15,334

 

Materials Characterization Systems

 

 

13,842

 

 

 

12,980

 

 

 

9,487

 

Total product revenues

 

$

185,066

 

 

$

146,945

 

 

$

133,589

 

 

The following customers accounted for 10% or more of total accounts receivable, net:

 

 

 

Years Ended

 

 

 

December 31, 2016

 

 

December 26, 2015

 

 

December 27, 2014

 

Taiwan Semiconductor Manufacturing Company Limited

 

 

20.1

%

 

 

25.6

%

 

 

20.2

%

Samsung Electronics Co. Ltd.

 

 

14.3

%

 

***

 

 

 

10.0

%

Micron Technology, Inc.

 

 

11.8

%

 

***

 

 

 

23.7

%

Intel Corporation

 

 

11.1

%

 

***

 

 

***

 

Toshiba Corporation

 

 

10.2

%

 

 

27.1

%

 

***

 

GLOBALFOUNDRIES

 

***

 

 

***

 

 

 

10.2

%

 

***

The customer accounted for less than 10% of total accounts receivable, net, as of that period end.

The following customers accounted for 10% or more of total net revenue:

 

 

 

Years Ended

 

 

 

December 31, 2016

 

 

December 26, 2015

 

 

December 27, 2014

 

Micron Technology, Inc.

 

 

20.3

%

 

 

15.8

%

 

 

10.4

%

Intel Corporation

 

 

18.0

%

 

***

 

 

 

12.6

%

SK Hynix

 

 

15.3

%

 

 

10.7

%

 

 

12.2

%

Taiwan Semiconductor Manufacturing Company Limited

 

 

10.0

%

 

 

19.4

%

 

***

 

Samsung Electronics Co. Ltd.

 

***

 

 

 

13.2

%

 

 

26.9

%

Toshiba Corporation

 

***

 

 

 

10.2

%

 

***

 

 

***

The customer accounted for less than 10% of total net revenue during the period.