Segment and Major Customer Information

6 Months Ended

Dec. 31, 2011

Segment Reporting Disclosure [Text Block]

Note 15: Segment and Major Customer Information

Our business is organized into two operating divisions – Metrology Solutions (Metrology Solutions segment) and Optical Systems (Optical Systems segment). Consistent with our business structure, we reported our segments as Metrology and Optics. Our Metrology Solutions segment includes 3-Dimensional surface metrology products, precision positioning systems and custom-engineered solutions used in the semiconductor, research, defense and industrial markets. Our Optical Systems segment designs, develops and manufactures high precision optical components and electro-optical systems used in the semiconductor, defense, life sciences and research markets. The chief operating decision-maker uses this information to allocate resources.

The following table sets forth segment net revenues, gross profit and gross margin for the three and six months ended December 31, 2011 and 2010:

	Three Months Ended December 31,						Six Months Ended December 31,
	2011			2010			2011			2010
Metrology Solutions
Net revenues	$	25,479		$	23,568		$	55,321		$	44,417
Gross profit	$	15,057		$	13,681		$	32,440		$	24,791
Gross margin		59	%		58	%		59	%		56	%
Optical Systems
Net revenues	$	14,561		$	12,518		$	28,711		$	22,788
Gross profit	$	4,585		$	3,213		$	8,819		$	6,306
Gross margin		31	%		26	%		31	%		28	%
Total
Net revenues	$	40,040		$	36,086		$	84,032		$	67,205
Gross profit	$	19,642		$	16,894		$	41,259		$	31,097
Gross margin		49	%		47	%		49	%		46	%

Separate financial information by segment for total assets, capital expenditures and depreciation and amortization is not evaluated by our chief operating decision-maker. Substantially all of our operating expenses, assets and depreciation and amortization are U.S. based.

The following table sets forth revenues by geographic area:

	Three Months Ended December 31,				Six Months Ended December 31,
	2011		2010		2011		2010
Americas	$	22,170	$	19,571	$	46,461	$	36,480
Japan		5,692		7,911		12,479		13,793
China		3,823		1,308		9,903		4,079
Europe		5,834		4,766		10,105		8,376
Pacific Rim		2,521		2,530		5,084		4,477
Total	$	40,040	$	36,086	$	84,032	$	67,205

Revenues from two customers accounted for 14% and 11% of the revenues for the three months ended December 31, 2011 (12% and 11% of the revenues for the six months ended December 31, 2011). Revenues from one customer accounted for 10% of the revenues for the three and six months ended December 31, 2010. Revenues from these customers were included in both of our segments.