Segment and Major Customer Information

9 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 12: Segment and Major Customer Information

Our business is organized into two operating divisions and reporting segments – 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, 2014 and 2013:

	Three Months Ended March 31,						Nine Months Ended March 31,
	2014			2013			2014			2013
Metrology Solutions
Net revenue	$	26,695		$	21,273		$	87,014		$	68,566
Gross profit	$	14,684		$	11,796		$	49,866		$	37,724
Gross margin		55	%		55	%		57	%		55	%
Optical Systems
Net revenue	$	13,018		$	13,260		$	40,978		$	40,808
Gross profit	$	3,396		$	3,464		$	11,347		$	10,312
Gross margin		26	%		26	%		28	%		25	%
Total
Net revenue	$	39,713		$	34,533		$	127,992		$	109,374
Gross profit	$	18,080		$	15,260		$	61,213		$	48,036
Gross margin		46	%		44	%		48	%		44	%

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,
	2014		2013		2014		2013
Americas	$	16,161	$	18,744	$	56,105	$	57,361
Japan		9,741		6,728		35,253		18,395
China		4,982		2,619		12,833		13,655
Europe		6,946		4,914		16,007		14,134
Pacific Rim		1,883		1,528		7,794		5,829
Total	$	39,713	$	34,533	$	127,992	$	109,374

Revenue from one customer in the Metrology Solutions Segment accounted for 12% of net revenue for the three months ended March 31, 2014. Revenue from two customers in the Metrology Solutions Segment accounted for 16% and 10% of net revenue for the nine months ended March 31, 2014. These revenues related primarily to the shipments of precision positioning systems. Revenue from one customer in the Metrology Solutions segment amounted to 11% of net revenue for the three months ended March 31, 2013. 0 customer accounted for over 10% of our revenue for the nine months ended March 31, 2013.