Segment and Major Customer Information

3 Months Ended

Mar. 31, 2013

Segment Reporting Disclosure [Text Block]

Note 13: 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 report segments as Metrology Solutions and Optical Systems. The Metrology Solutions segment includes 3-Dimensional surface metrology products, precision positioning systems and custom-engineered solutions used in the semiconductor capital equipment, research, defense and industrial markets. The Optical Systems segment designs, develops and manufactures high precision optical components and electro-optical systems used in the semiconductor capital equipment, defense, life sciences and research markets. The chief operating decision-maker uses this information to allocate resources.

The following table sets forth segment net revenue, gross profit and gross margin for the three and nine months ended March 31, 2013 and 2012:

	Three Months Ended March 31,						Nine Months Ended March 31,
	2013			2012			2013			2012
Metrology Solutions
Net revenue	$	21,273		$	24,161		$	68,566		$	79,482
Gross profit	$	11,796		$	14,033		$	37,724		$	46,474
Gross margin		55	%		58	%		55	%		58	%
Optical Systems
Net revenue	$	13,260		$	14,311		$	40,808		$	43,022
Gross profit	$	3,464		$	5,407		$	10,312		$	14,225
Gross margin		26	%		38	%		25	%		33	%
Total
Net revenue	$	34,533		$	38,472		$	109,374		$	122,504
Gross profit	$	15,260		$	19,440		$	48,036		$	60,699
Gross margin		44	%		51	%		44	%		50	%

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 revenue by geographic area:

	Three Months Ended March 31,				Nine Months Ended March 31,
	2013		2012		2013		2012
Americas	$	18,744	$	18,270	$	57,361	$	64,730
Japan		6,728		7,228		18,395		19,707
China		2,619		5,288		13,655		15,191
Europe		4,914		5,093		14,134		15,199
Pacific Rim		1,528		2,593		5,829		7,677
Total	$	34,533	$	38,472	$	109,374	$	122,504

Revenue from one customer accounted for 11% of net revenue for the three months ended March 31, 2013, and revenue from two customers accounted for 13% and 10% of net revenue for the three months ended March 31, 2012. Revenue from each of two customers accounted for 11% of net revenue for the nine months ended March 31, 2012. No customer accounted for over 10% of net revenue for the nine months ended March 31, 2013. Revenues from these customers were included in both reporting segments.