Segment and Major Customer Information

9 Months Ended

Mar. 31, 2012

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 nine months ended March 31, 2012 and 2011:

	Three Months Ended March 31,						Nine Months Ended March 31,
	2012			2011			2012			2011
Metrology Solutions
Net revenues	$	24,161		$	22,506		$	79,482		$	66,923
Gross profit	$	14,033		$	12,338		$	46,474		$	37,129
Gross margin		58	%		55	%		58	%		55	%
Optical Systems
Net revenues	$	14,311		$	17,729		$	43,022		$	40,517
Gross profit	$	5,407		$	6,526		$	14,225		$	12,832
Gross margin		38	%		37	%		33	%		32	%
Total
Net revenues	$	38,472		$	40,235		$	122,504		$	107,440
Gross profit	$	19,440		$	18,864		$	60,699		$	49,961
Gross margin		51	%		47	%		50	%		47	%

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 March 31,				Nine Months Ended March 31,
	2012		2011		2012		2011
Americas	$	18,270	$	21,497	$	64,730	$	57,977
Japan		7,228		9,472		19,707		23,265
China		5,288		1,840		15,191		5,919
Europe		5,093		4,973		15,199		13,349
Pacific Rim		2,593		2,453		7,677		6,930
Total	$	38,472	$	40,235	$	122,504	$	107,440

Revenues from two customers accounted for 13% and 10% of the net revenues for the three months ended March 31, 2012 (revenues from two customers accounted for 11% each of the net revenues for the nine months ended March 31, 2012). Revenues from two customers accounted for 16% and 11% of the net revenues for the three months ended March 31, 2011 (revenues from one customer accounted for 12% of net revenues for the nine months ended March 31, 2011). Revenues from these customers were included in both of our segments.