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Business Segment, Geographic Area, Product and Significant Customer Information (Tables) | 6 Months Ended
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Jun. 30, 2015
Segment Reporting [Abstract] |
Net Revenues by Reportable Segment | The following is net revenues by reportable segment:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Advanced Manufacturing Capital Equipment |  | $ | 178,966 |  |  | $ | 146,479 |  |  | $ | 358,199 |  |  | $ | 311,977 |
Global Service |  |  | 29,685 |  |  |  | 27,231 |  |  |  | 57,428 |  |  |  | 52,398 |
Asia Region Sales(1) |  |  | 56,777 |  |  |  | 40,790 |  |  |  | 112,154 |  |  |  | 92,889 |
Other |  |  | 18,796 |  |  |  | 19,183 |  |  |  | 40,012 |  |  |  | 40,076 |
Corporate and Eliminations |  |  | (66,258 | ) |  |  | (48,986 | ) |  |  | (135,988 | ) |  |  | (106,290 | )
|  | $ | 217,966 |  |  | $ | 184,697 |  |  | $ | 431,805 |  |  | $ | 391,050 |
Reconciliation of Segment Gross Profit to Consolidated Net Income | The following is a reconciliation of segment gross profit to consolidated net income:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Gross profit by reportable segment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Advanced Manufacturing Capital Equipment |  | $ | 82,552 |  |  | $ | 59,918 |  |  | $ | 161,240 |  |  | $ | 127,025 |
Global Service |  |  | 10,366 |  |  |  | 9,683 |  |  |  | 19,968 |  |  |  | 18,080 |
Asia Region Sales(1) |  |  | 7,815 |  |  |  | 6,319 |  |  |  | 14,736 |  |  |  | 15,396 |
Other |  |  | 5,697 |  |  |  | 6,678 |  |  |  | 12,539 |  |  |  | 13,425 |
Corporate and Eliminations |  |  | (7,632 | ) |  |  | (2,963 | ) |  |  | (12,639 | ) |  |  | (4,919 | )
Total gross profit by reportable segment |  |  | 98,798 |  |  |  | 79,635 |  |  |  | 195,844 |  |  |  | 169,007 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Research and development |  |  | 17,567 |  |  |  | 15,421 |  |  |  | 34,247 |  |  |  | 31,039 |
Selling, general and administrative |  |  | 33,269 |  |  |  | 32,239 |  |  |  | 64,136 |  |  |  | 66,830 |
Acquisition costs |  |  | — |  |  |  | 271 |  |  |  | 30 |  |  |  | 499 |
Restructuring |  |  | 219 |  |  |  | — |  |  |  | 1,007 |  |  |  | 747 |
Amortization of intangible assets |  |  | 1,709 |  |  |  | 1,044 |  |  |  | 3,380 |  |  |  | 1,454 |
Income from operations |  |  | 46,034 |  |  |  | 30,660 |  |  |  | 93,044 |  |  |  | 68,438 |
Net interest income |  |  | 790 |  |  |  | 231 |  |  |  | 1,294 |  |  |  | 466 |
Income before income taxes |  |  | 46,824 |  |  |  | 30,891 |  |  |  | 94,338 |  |  |  | 68,904 |
Provision for income taxes |  |  | 13,604 |  |  |  | 9,667 |  |  |  | 27,332 |  |  |  | 16,435 |
Net income |  | $ | 33,220 |  |  | $ | 21,224 |  |  | $ | 67,006 |  |  | $ | 52,469 |
(1) | The Asia Region Sales segment does not represent total geographical Asia financial information. This sales operation only represents the sales from the resale of Advanced Manufacturing Capital Equipment and Other segment products in their respective regions. The Advanced Manufacturing Capital Equipment and Other segments both have sales in this region. Accordingly, total geographical sales include sales from multiple reportable segments.
Schedule of Capital Expenditures, Depreciation and Amortization Expense by Reportable Segment | The following is capital expenditures by reportable segment for the three and six months ended June 30, 2015 and 2014:
|  | Advanced Manufacturing Capital Equipment |  |  | Global Service |  |  | Asia Region Sales |  |  | Other |  |  | Corporate and Eliminations |  |  | Total |
Three Months Ended June 30, 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 1,622 |  |  | $ | 163 |  |  | $ | 51 |  |  | $ | 162 |  |  | $ | 832 |  |  | $ | 2,830 |
Six Months Ended June 30, 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 3,144 |  |  | $ | 285 |  |  | $ | 93 |  |  | $ | 236 |  |  | $ | 1,576 |  |  | $ | 5,334 |
|  | Advanced Manufacturing Capital Equipment |  |  | Global Service |  |  | Asia Region Sales |  |  | Other |  |  | Corporate and Eliminations |  |  | Total |
Three Months Ended June 30, 2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 1,131 |  |  | $ | 419 |  |  | $ | 151 |  |  | $ | 1,462 |  |  | $ | 994 |  |  | $ | 4,157 |
Six Months Ended June 30, 2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 3,705 |  |  | $ | 589 |  |  | $ | 192 |  |  | $ | 1,537 |  |  | $ | 1,232 |  |  | $ | 7,255 |
The following is depreciation and amortization by reportable segment for the three and six months ended June 30, 2015 and 2014:
|  | Advanced Manufacturing Capital Equipment |  |  | Global Service |  |  | Asia Region Sales |  |  | Other |  |  | Corporate and Eliminations |  |  | Total |
Three Months Ended June 30, 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 4,305 |  |  | $ | 254 |  |  | $ | 88 |  |  | $ | 268 |  |  | $ | 635 |  |  | $ | 5,550 |
Six Months Ended June 30, 2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 8,552 |  |  | $ | 510 |  |  | $ | 173 |  |  | $ | 578 |  |  | $ | 1,269 |  |  | $ | 11,082 |
|  | Advanced Manufacturing Capital Equipment |  |  | Global Service |  |  | Asia Region Sales |  |  | Other |  |  | Corporate and Eliminations |  |  | Total |
Three Months Ended June 30, 2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 3,528 |  |  | $ | 267 |  |  | $ | 101 |  |  | $ | 251 |  |  | $ | 668 |  |  | $ | 4,815 |
Six Months Ended June 30, 2014: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 6,454 |  |  | $ | 539 |  |  | $ | 200 |  |  | $ | 459 |  |  | $ | 1,313 |  |  | $ | 8,965 |
Summary of Goodwill Associated with Reportable Segments | Goodwill associated with each of our reportable segments is as follows:
|  | June 30, 2015 |  |  | December 31, 2014 |
Reportable segment: |  |  |  |  |  |  |  |
Advanced Manufacturing Capital Equipment |  | $ | 174,344 |  |  | $ | 166,946 |
Global Service |  |  | 19,826 |  |  |  | 19,728 |
Asia Region Sales |  |  | — |  |  |  | — |
Other |  |  | 6,228 |  |  |  | 6,228 |
Foreign currency translation |  |  | (186 | ) |  |  | (521 | )
Total goodwill |  | $ | 200,212 |  |  | $ | 192,381 |
Worldwide Net Revenue for Each Group of Products | Worldwide net revenue for each group of products is as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Instruments, Control and Vacuum Products |  | $ | 110,441 |  |  | $ | 90,250 |  |  | $ | 220,877 |  |  | $ | 191,907 |
Power and Reactive Gas Products |  |  | 92,977 |  |  |  | 79,360 |  |  |  | 181,476 |  |  |  | 169,962 |
Analytical Solutions Products |  |  | 14,548 |  |  |  | 15,087 |  |  |  | 29,452 |  |  |  | 29,181 |
|  | $ | 217,966 |  |  | $ | 184,697 |  |  | $ | 431,805 |  |  | $ | 391,050 |
Schedule of Net Revenues and Long-Lived Assets by Geographic Regions | Transfers between geographic areas are at negotiated transfer prices and have been eliminated from consolidated net revenues.
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Net revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 123,413 |  |  | $ | 107,931 |  |  | $ | 243,594 |  |  | $ | 225,309 |
Korea |  |  | 27,349 |  |  |  | 19,536 |  |  |  | 59,421 |  |  |  | 50,266 |
Japan |  |  | 17,046 |  |  |  | 14,416 |  |  |  | 34,302 |  |  |  | 31,343 |
Asia (excluding Korea and Japan) |  |  | 30,743 |  |  |  | 24,002 |  |  |  | 54,426 |  |  |  | 45,765 |
Europe |  |  | 19,415 |  |  |  | 18,812 |  |  |  | 40,062 |  |  |  | 38,367 |
|  | $ | 217,966 |  |  | $ | 184,697 |  |  | $ | 431,805 |  |  | $ | 391,050 |
|  | June 30, 2015 |  |  | December 31, 2014 |
Long-lived assets:(1) |  |  |  |  |  |  |  |
United States |  | $ | 56,699 |  |  | $ | 57,701 |
Europe |  |  | 5,717 |  |  |  | 6,099 |
Asia |  |  | 9,520 |  |  |  | 10,887 |
|  | $ | 71,936 |  |  | $ | 74,687 |
(1) | Long-lived assets include property, plant and equipment, net and certain other long-term assets, excluding long-term income tax receivable.
Customers with Net Revenues Greater than 10% of Total Net Revenues | The Company had two customers with net revenues greater than 10% of total net revenues in the periods shown as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Customer A |  |  | 18.1 | % |  |  | 18.9 | % |  |  | 17.8 | % |  |  | 19.6 | %
Customer B |  |  | 13.2 | % |  |  | 13.8 | % |  |  | 12.7 | % |  |  | 13.4 | %

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