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Business Segment, Geographic Area, Product and Significant Customer Information (Tables) | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Net Revenues, Assets and Goodwill by Reportable Segment | The following are net revenues by reportable segment:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Vacuum & Analysis |  | $ | 1,260,862 |  |  | $ | 1,207,457 |  |  | $ | 872,291 |
Light & Motion |  |  | 814,246 |  |  |  | 708,520 |  |  |  | 423,051 |
|  | $ | 2,075,108 |  |  | $ | 1,915,977 |  |  | $ | 1,295,342 |
The following are segment assets by reportable segment:
|  | Vacuum & Analysis |  |  | Light & Motion |  |  | Corporate, Eliminations and Other |  |  | Total |
December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $ | 171,604 |  |  | $ | 140,658 |  |  | $ | (16,808 | ) |  | $ | 295,454 |
Inventory |  |  | 222,965 |  |  |  | 161,658 |  |  |  | 66 |  |  |  | 384,689 |
Total segment assets |  | $ | 394,569 |  |  | $ | 302,316 |  |  | $ | (16,742 | ) |  | $ | 680,143 |
|  | Vacuum & Analysis |  |  | Light & Motion |  |  | Corporate, Eliminations and Other |  |  | Total |
December 31, 2017: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Accounts receivable |  | $ | 201,318 |  |  | $ | 119,934 |  |  | $ | (20,944 | ) |  | $ | 300,308 |
Inventory |  |  | 197,831 |  |  |  | 141,250 |  |  |  | — |  |  |  | 339,081 |
Total segment assets |  | $ | 399,149 |  |  | $ | 261,184 |  |  | $ | (20,944 | ) |  | $ | 639,389 |
Goodwill associated with each of our reportable segments is as follows:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |
Reportable segment: |  |  |  |  |  |  |  |
Vacuum & Analysis |  | $ | 197,126 |  |  | $ | 197,617 |
Light & Motion |  |  | 389,870 |  |  |  | 393,430 |
Total goodwill |  | $ | 586,996 |  |  | $ | 591,047 |
Reconciliation of Segment Gross Profit to Consolidated Net Income | The following is a reconciliation of segment gross profit to consolidated net income:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Gross profit by reportable segment: |  |  |  |  |  |  |  |  |  |  |  |
Vacuum & Analysis |  | $ | 577,552 |  |  | $ | 551,078 |  |  | $ | 388,220 |
Light & Motion |  |  | 401,924 |  |  |  | 340,373 |  |  |  | 177,399 |
Total gross profit by reportable segment |  |  | 979,476 |  |  |  | 891,451 |  |  |  | 565,619 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |
Research and development |  |  | 135,720 |  |  |  | 132,555 |  |  |  | 110,579 |
Selling, general and administrative |  |  | 298,118 |  |  |  | 290,056 |  |  |  | 227,932 |
Acquisition and integration costs |  |  | 3,113 |  |  |  | 5,332 |  |  |  | 27,279 |
Restructuring |  |  | 3,567 |  |  |  | 3,920 |  |  |  | 642 |
Environmental costs |  |  | 1,000 |  |  |  | — |  |  |  | — |
Asset impairment |  |  | — |  |  |  | 6,719 |  |  |  | 5,000 |
Fees and expenses related to repricing of term loan |  |  | 378 |  |  |  | 492 |  |  |  | 1,239 |
Amortization of intangible assets |  |  | 43,521 |  |  |  | 45,743 |  |  |  | 35,681 |
Income from operations |  |  | 494,059 |  |  |  | 406,634 |  |  |  | 157,267 |
Interest income |  |  | 5,775 |  |  |  | 3,021 |  |  |  | 2,560 |
Interest expense |  |  | 16,942 |  |  |  | 30,990 |  |  |  | 30,611 |
Gain on sale of business |  |  | — |  |  |  | 74,856 |  |  |  | — |
Other expense, net |  |  | 1,942 |  |  |  | 5,896 |  |  |  | 1,239 |
Income before income taxes |  |  | 480,950 |  |  |  | 447,625 |  |  |  | 127,977 |
Provision for income taxes |  |  | 88,054 |  |  |  | 108,493 |  |  |  | 23,168 |
Net income |  | $ | 392,896 |  |  | $ | 339,132 |  |  | $ | 104,809 |
Schedule of Capital Expenditures, Depreciation and Amortization Expense of Intangible Assets by Reportable Segment | The following is capital expenditures by reportable segment for the years ended December 31, 2018, 2017 and 2016:
|  | Vacuum & Analysis |  |  | Light & Motion |  |  | Total |
December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 40,144 |  |  | $ | 22,797 |  |  | $ | 62,941 |
December 31, 2017: |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 17,111 |  |  | $ | 14,176 |  |  | $ | 31,287 |
December 31, 2016: |  |  |  |  |  |  |  |  |  |  |  |
Capital expenditures |  | $ | 11,732 |  |  | $ | 7,391 |  |  | $ | 19,123 |
The following is depreciation and amortization of intangible assets by reportable segment for the years ended December 31, 2018, 2017 and 2016:
|  | Vacuum & Analysis |  |  | Light & Motion |  |  | Total |
December 31, 2018: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 20,808 |  |  | $ | 59,045 |  |  | $ | 79,853 |
December 31, 2017: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 20,297 |  |  | $ | 62,259 |  |  | $ | 82,556 |
December 31, 2016: |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | $ | 20,820 |  |  | $ | 45,106 |  |  | $ | 65,926 |
Reconciliation of Segment Assets to Consolidated Total Assets | A reconciliation of segment assets to consolidated total assets is as follows:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |
Total segment assets |  | $ | 680,143 |  |  | $ | 639,389 |
Cash and cash equivalents, restricted cash and investments |  |  | 728,461 |  |  |  | 553,976 |
Other current assets |  |  | 65,790 |  |  |  | 53,543 |
Property, plant and equipment, net |  |  | 194,367 |  |  |  | 171,782 |
Goodwill and intangible assets, net |  |  | 906,803 |  |  |  | 957,445 |
Other assets |  |  | 38,682 |  |  |  | 37,883 |
Consolidated total assets |  | $ | 2,614,246 |  |  | $ | 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.
|  | Years Ended December 31, |
Net revenues: |  | 2018 |  |  | 2017 |  |  | 2016 |
United States |  | $ | 1,022,660 |  |  | $ | 955,284 |  |  | $ | 675,601 |
South Korea |  |  | 203,567 |  |  |  | 212,763 |  |  |  | 112,432 |
Japan |  |  | 193,264 |  |  |  | 167,318 |  |  |  | 96,954 |
Europe |  |  | 244,009 |  |  |  | 209,912 |  |  |  | 156,365 |
Asia (excluding South Korea and Japan) |  |  | 411,608 |  |  |  | 370,700 |  |  |  | 253,990 |
|  | $ | 2,075,108 |  |  | $ | 1,915,977 |  |  | $ | 1,295,342 |
|  | Years Ended December 31, |
Long-lived assets:(1) |  | 2018 |  |  | 2017 |
United States |  | $ | 146,687 |  |  | $ | 124,689 |
Europe |  |  | 26,794 |  |  |  | 28,820 |
Asia |  |  | 50,572 |  |  |  | 49,645 |
|  | $ | 224,053 |  |  | $ | 203,154 |
(1) | Long-lived assets include property, plant and equipment, net and certain other assets, and exclude goodwill and intangibles and long-term tax-related accounts.
Worldwide Net Revenue for Each Group of Products | Worldwide net revenue for each group of products is as follows:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Analytical and Control Solutions Products |  | $ | 116,183 |  |  | $ | 131,376 |  |  | $ | 115,758 |
Power, Plasma and Reactive Gas Solutions Products |  |  | 610,111 |  |  |  | 564,343 |  |  |  | 367,665 |
Vacuum Solutions Products |  |  | 534,568 |  |  |  | 511,738 |  |  |  | 388,868 |
Laser Products |  |  | 274,815 |  |  |  | 225,168 |  |  |  | 124,432 |
Optics Products |  |  | 227,577 |  |  |  | 203,775 |  |  |  | 124,218 |
Photonics Products |  |  | 311,854 |  |  |  | 279,577 |  |  |  | 174,401 |
|  | $ | 2,075,108 |  |  | $ | 1,915,977 |  |  | $ | 1,295,342 |
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:
|  | Years Ended December 31, |
|  | 2018 |  |  | 2017 |  |  | 2016 |
Applied Materials, Inc. |  |  | 11.7 | % |  |  | 12.7 | % |  |  | 13.6 | %
Lam Research Corporation |  |  | 10.8 | % |  |  | 11.7 | % |  |  | 11.2 | %

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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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