Segment and Geographic Information

6 Months Ended

Sep. 28, 2013

Segment Reporting [Abstract]

Product and Geographic Information

and Geographic Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision maker is our Chief Executive Officer. Prior to the fourth quarter of 2015, we operated in one segment, high-technology manufacturing equipment, which was comprised of products that were classified in three groups: interconnect and micromachining, semiconductor and component. As a result of changes in our go-to-market strategies, common customer characteristics, and information utilized to manage our business, we realigned our products into two segments. Since the fourth quarter 2015 the Company has operated in two segments, Component Processing and Micromachining.

Net sales by segment were as follows:

	Fiscal quarter ended				Two fiscal quarters ended
(In thousands)	Sep 26, 2015		Sep 27, 2014		Sep 26, 2015		Sep 27, 2014
Component Processing	$	32,754	$	32,358	$	71,038	$	62,656
Micromachining	13,718		10,498		18,525		15,230
	$	46,472	$	42,856	$	89,563	$	77,886

Gross profit by segment was as follows:

	Fiscal quarter ended						Two fiscal quarters ended
(In thousands)	Sep 26, 2015			Sep 27, 2014			Sep 26, 2015			Sep 27, 2014
Component Processing	$	13,387		$	13,106		$	27,497		$	25,673
Micromachining	5,473			2,036			7,135			2,373
Corporate and other	(439		)	(377		)	(834		)	(993		)
	$	18,421		$	14,765		$	33,798		$	27,053

Net sales by geographic area, based on the location of the end user, were as follows:

	Fiscal quarter ended				Two fiscal quarters ended
(In thousands)	Sep 26, 2015		Sep 27, 2014		Sep 26, 2015		Sep 27, 2014
Asia	$	37,029	$	34,516	$	70,565	$	59,234
Americas	6,805		2,482		13,161		8,656
Europe	2,638		5,858		5,837		9,996
	$	46,472	$	42,856	$	89,563	$	77,886