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Business Segment, Geographic Area, Product and Significant Customer Information (Tables) | 3 Months Ended
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Mar. 31, 2018
Segment Reporting [Abstract] |
Net Revenues, Assets and Goodwill by Reportable Segment | The following are net revenues by reportable segment:
|  | Three Months Ended March 31, |
|  | 2018 |  |  | 2017 |
Vacuum & Analysis |  | $ | 348,344 |  |  | $ | 277,984 |
Light & Motion |  |  | 205,931 |  |  |  | 159,169 |
|  | $ | 554,275 |  |  | $ | 437,153 |
The following are segment assets by reportable segment:
March 31, 2018: |  | Vacuum & Analysis |  |  | Light & Motion |  |  | Corporate, Eliminations & Other |  |  | Total |
Segment assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $ | 225,822 |  |  | $ | 131,677 |  |  | $ | (15,781 | ) |  | $ | 341,718 |
Inventory, net |  |  | 216,237 |  |  |  | 149,472 |  |  |  | — |  |  |  | 365,709 |
Total segment assets |  | $ | 442,059 |  |  | $ | 281,149 |  |  | $ | (15,781 | ) |  | $ | 707,427 |
December 31, 2017: |  | Vacuum & Analysis |  |  | Light & Motion |  |  | Corporate, Eliminations & Other |  |  | Total |
Segment assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $ | 201,318 |  |  | $ | 119,934 |  |  | $ | (20,944 | ) |  | $ | 300,308 |
Inventory, net |  |  | 197,831 |  |  |  | 141,250 |  |  |  | — |  |  |  | 339,081 |
Total segment assets |  | $ | 399,149 |  |  | $ | 261,184 |  |  | $ | (20,944 | ) |  | $ | 639,389 |
Goodwill associated with each of the Company’s reportable segments is as follows:
|  | March 31, 2018 |  |  | December 31, 2017 |
Reportable segment: |  |  |  |  |  |  |  |
Vacuum & Analysis |  | $ | 197,689 |  |  | $ | 197,617 |
Light & Motion |  |  | 395,805 |  |  |  | 393,430 |
Total goodwill |  | $ | 593,494 |  |  | $ | 591,047 |
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 March 31, |
|  | 2018 |  |  | 2017 |
Gross profit by reportable segment: |  |  |  |  |  |  |  |
Vacuum & Analysis |  | $ | 158,500 |  |  | $ | 128,924 |
Light & Motion |  |  | 104,355 |  |  |  | 76,623 |
Total gross profit by reportable segment |  |  | 262,855 |  |  |  | 205,547 |
Operating expenses: |  |  |  |  |  |  |  |
Research and development |  |  | 34,857 |  |  |  | 33,282 |
Selling, general and administrative |  |  | 82,949 |  |  |  | 74,220 |
Acquisition and integration costs |  |  | — |  |  |  | 1,442 |
Restructuring |  |  | 1,220 |  |  |  | 522 |
Environmental costs |  |  | 1,000 |  |  |  | — |
Amortization of intangible assets |  |  | 11,190 |  |  |  | 12,501 |
Income from operations |  |  | 131,639 |  |  |  | 83,580 |
Interest and other expense, net |  |  | (4,897 | ) |  |  | (6,295 | )
Income before income taxes |  |  | 126,742 |  |  |  | 77,285 |
Provision for income taxes |  |  | 21,621 |  |  |  | 12,225 |
Net income |  | $ | 105,121 |  |  | $ | 65,060 |
Schedule of Capital Expenditures, Depreciation and Amortization Expense of Intangible Assets by Reportable Segment | The following are capital expenditures by reportable segment for the three months ended March 31, 2018 and 2017:
|  | Vacuum & Analysis |  |  | Light & Motion |  |  | Total |
Three Months Ended March 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 6,197 |  |  | $ | 3,193 |  |  | $ | 9,390 |
Three Months Ended March 31, 2017: |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 2,374 |  |  | $ | 1,725 |  |  | $ | 4,099 |
The following are depreciation and amortization of intangible assets by reportable segment for the three months ended March 31, 2018 and 2017:
|  | Vacuum & Analysis |  |  | Light & Motion |  |  | Total |
Three Months Ended March 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 5,129 |  |  | $ | 15,363 |  |  | $ | 20,492 |
Three Months Ended March 31, 2017: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 5,122 |  |  | $ | 16,711 |  |  | $ | 21,833 |
Reconciliation of Segment Assets to Consolidated Total Assets | A reconciliation of segment assets to consolidated total assets is as follows:
|  | March 31, 2018 |  |  | December 31, 2017 |
Total segment assets |  | $ | 707,427 |  |  | $ | 639,389 |
Cash and cash equivalents, restricted cash and investments |  |  | 552,343 |  |  |  | 553,976 |
Other current assets |  |  | 59,093 |  |  |  | 53,543 |
Property, plant and equipment, net |  |  | 172,802 |  |  |  | 171,782 |
Goodwill and intangible assets, net |  |  | 949,839 |  |  |  | 957,445 |
Other assets |  |  | 39,952 |  |  |  | 37,883 |
Consolidated total assets |  | $ | 2,481,456 |  |  | $ | 2,414,018 |
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 March 31, |
|  | 2018 |  |  | 2017 |
Net revenues: |  |  |  |  |  |  |  |
United States |  | $ | 276,720 |  |  | $ | 218,050 |
Korea |  |  | 54,011 |  |  |  | 44,878 |
Japan |  |  | 58,274 |  |  |  | 37,792 |
Asia (excluding Korea and Japan) |  |  | 101,384 |  |  |  | 88,243 |
Europe |  |  | 63,886 |  |  |  | 48,190 |
|  | $ | 554,275 |  |  | $ | 437,153 |
|  | March 31, 2018 |  |  | December 31, 2017 |
Long-lived assets:(1) |  |  |  |  |  |  |  |
United States |  | $ | 127,637 |  |  | $ | 124,689 |
Europe |  |  | 28,787 |  |  |  | 28,820 |
Asia |  |  | 49,566 |  |  |  | 49,645 |
|  | $ | 205,990 |  |  | $ | 203,154 |
| (1) | Long-lived assets include property, plant and equipment, net and certain other long-term assets, excluding long-term tax related accounts.
Worldwide Net Revenue for Each Group of Products | The following table sets forth worldwide net revenue for each group of products:
|  | Three Months Ended March 31, |
|  | 2018 |  |  | 2017 |
Analytical and Control Solutions Products |  | $ | 33,712 |  |  | $ | 31,820 |
Power, Plasma and Reactive Gas Solutions Products |  |  | 167,052 |  |  |  | 122,800 |
Vacuum Solutions Products |  |  | 147,580 |  |  |  | 123,364 |
Lasers Products |  |  | 74,797 |  |  |  | 44,944 |
Optics Products |  |  | 54,379 |  |  |  | 46,505 |
Photonics Products |  |  | 76,755 |  |  |  | 67,720 |
|  | $ | 554,275 |  |  | $ | 437,153 |
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 below:
|  | Three Months Ended March 31, |
|  | 2018 |  |  | 2017 |
LAM Research Corporation. |  |  | 12.6 | % |  |  | 12.6 | %
Applied Materials, Inc. |  |  | 12.2 | % |  |  | 13.0 | %

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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