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Business Segment, Geographic Area, Product and Significant Customer Information (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Net Revenues, Assets and Goodwill by Reportable Segment

The following is net revenues by reportable segment:

		Three Months Ended June 30,								Six Months Ended June 30,
		2016				2015				2016				2015
Vacuum & Analysis Division		$	207,359			$	217,966			$	391,040			$	431,805
Light & Motion Division			118,502				—				118,502				—
		$	325,861			$	217,966			$	509,542			$	431,805

Total income tax expense is impracticable to present by reportable segment because the necessary information is not available or used by the CODM.

The following is segment assets by reportable segment:

June 30, 2016:		Vacuum & Analysis Division				Light & Motion Division				Total
Segment assets:
Accounts receivable		$	124,629			$	109,322			$	233,951
Inventory			155,647				122,713				278,360
Total segment assets		$	280,276			$	232,035			$	512,311

December 31, 2015:		Vacuum & Analysis Division				Light & Motion Division				Total
Segment assets:
Accounts receivable		$	101,883			$	—			$	101,883
Inventory			152,631				—				152,631
Total segment assets		$	254,514			$	—			$	254,514

Goodwill associated with the Company’s reportable segments is as follows:

		June 30, 2016				December 31, 2015
Reportable segment:
Vacuum & Analysis Division		$	199,903			$	199,703
Light & Motion Division			392,702				—
Total goodwill		$	592,605			$	199,703

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,
		2016				2015				2016				2015
Gross profit by reportable segment:
Vacuum & Analysis Division		$	90,859			$	98,798			$	168,772			$	195,844
Light & Motion Division			45,054				—				45,054				—
Total gross profit by reportable segment			135,913				98,798				213,826				195,844
Operating expenses:
Research and development			28,214				17,567				45,441				34,247
Selling, general and administrative			71,429				33,269				105,379				64,136
Acquisition costs			8,205				—				10,699				30
Restructuring			24				219				24				1,007
Amortization of intangible assets			8,855				1,709				10,538				3,380
Income from operations			19,186				46,034				41,745				93,044
Interest and other (expense) income, net			(6,818	)			790				(5,572	)			1,294
Income before income taxes			12,368				46,824				36,173				94,338
Provision for income taxes			3,158				13,604				9,400				27,332
Net income		$	9,210			$	33,220			$	26,773			$	67,006

Schedule of Capital Expenditures, Depreciation and Amortization Expense and Segment Assets by Reportable Segment

The following is capital expenditures by reportable segment for the three and six months ended June 30, 2016 and 2015:

		Vacuum & Analysis Division				Light & Motion Division				Total
Three Months Ended June 30, 2016:
Capital expenditures		$	3,036			$	2,072			$	5,108
Six Months Ended June 30, 2016:
Capital expenditures		$	5,192			$	2,072			$	7,264

		Vacuum & Analysis Division				Light & Motion Division				Total
Three Months Ended June 30, 2015:
Capital expenditures		$	2,830			$	—			$	2,830
Six Months Ended June 30, 2015:
Capital expenditures		$	5,334			$	—			$	5,334

The following is depreciation and amortization by reportable segment for the three and six months ended June 30, 2016 and 2015:

		Vacuum & Analysis Division				Light & Motion Division				Total
Three Months June 30, 2016:
Depreciation and amortization		$	5,209			$	11,221			$	16,430
Six Months Ended June 30, 2016:
Depreciation and amortization		$	10,487			$	11,221			$	21,708

		Vacuum & Analysis Division				Light & Motion Division				Total
Three Months Ended June 30, 2015:
Depreciation and amortization		$	5,550			$	—			$	5,550
Six Months Ended June 30, 2015:
Depreciation and amortization		$	11,082			$	—			$	11,082

Reconciliation of Segment Assets to Consolidated Total Assets

A reconciliation of segment assets to consolidated total assets is as follows:

		June 30, 2016				December 31, 2015
Total segment assets		$	512,311			$	254,514
Cash and cash equivalents and investments			440,878				658,237
Other current assets, including restricted cash			63,554				26,760
Property, plant and equipment, net			184,221				68,856
Goodwill and intangible assets, net			1,019,588				243,730
Other assets			24,576				21,250
Consolidated total assets		$	2,245,128			$	1,273,347

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,
		2016				2015				2016				2015
Instruments, Control & Vacuum Products		$	108,172			$	110,441			$	202,650			$	220,877
Power & Reactive Gas Products			83,854				92,977				160,970				181,476
Analytical Solutions Products			15,340				14,548				27,427				29,452
Photonics Products			45,864				—				45,864				—
Optics Products			35,263				—				35,263				—
Lasers Products			37,368				—				37,368				—
		$	325,861			$	217,966			$	509,542			$	431,805

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,
		2016				2015				2016				2015
Net revenues:
North America		$	168,471			$	123,413			$	262,689			$	243,594
Korea			26,048				27,349				46,598				59,421
Japan			25,532				17,046				41,768				34,302
Asia (excluding Korea and Japan)			64,891				30,743				98,347				54,426
Europe			40,919				19,415				60,140				40,062
		$	325,861			$	217,966			$	509,542			$	431,805

		June 30, 2016				December 31, 2015
Long-lived assets:(1)
North America		$	128,660			$	56,594
Europe			31,287				5,783
Asia			49,310				8,952
		$	209,257			$	71,329

⁽¹⁾  Long-lived assets include property, plant and equipment, net and certain other long-term assets, excluding long-term tax related accounts.

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,
		2016				2015				2016				2015
Applied Materials, Inc.			13.5	%			18.1	%			15.4	%			17.8	%
LAM Research Corporation			8.9	%			13.2	%			11.8	%			12.7	%

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