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

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Net Revenues, Assets and Goodwill by Reportable Segment

The following table sets forth net revenues by reportable segment:

		Years Ended December 31,
		2019				2018				2017
Vacuum & Analysis		$	990,523			$	1,260,862			$	1,207,457
Light & Motion			725,570				814,246				708,520
Equipment & Solutions			183,680				—				—
		$	1,899,773			$	2,075,108			$	1,915,977

The following table sets forth segment assets by reportable segment:

		Vacuum & Analysis				Light & Motion				Equipment & Solutions				Corporate, Eliminations and Other				Total
December 31, 2019:
Segment assets:
Accounts receivable		$	185,889			$	147,150			$	40,125			$	(32,100	)		$	341,064
Inventory			224,815				163,768				73,458				105				462,146
Total segment assets		$	410,704			$	310,918			$	113,583			$	(31,995	)		$	803,210

		Vacuum & Analysis				Light & Motion				Equipment & Solutions				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

Goodwill associated with each of our reportable segments is as follows:

		Years Ended December 31,
		2019				2018
Reportable segment:
Vacuum & Analysis		$	196,717			$	197,126
Light & Motion			388,463				389,870
Equipment & Solutions			473,274				—
Total goodwill		$	1,058,454			$	586,996

Reconciliation of Segment Gross Profit to Consolidated Net Income

The following table sets forth a reconciliation of segment gross profit to consolidated net income:

		Years Ended December 31,
		2019				2018				2017
Gross profit by reportable segment:
Vacuum & Analysis		$	426,464			$	577,552			$	551,078
Light & Motion			336,764				401,924				340,373
Equipment & Solutions			67,203				—				—
Total gross profit by reportable segment			830,431				979,476				891,451
Operating expenses:
Research and development			164,061				135,720				132,555
Selling, general and administrative			330,346				298,118				290,056
Acquisition and integration costs			37,262				3,113				5,332
Restructuring and other			6,983				4,567				3,920
Fees and expenses related to repricing of Term Loan Facility			6,637				378				492
Amortization of intangible assets			67,402				43,521				45,743
Gain on sale of long-lived assets			(6,773	)			—				—
Asset impairment			4,662				—				6,719
Income from operations			219,851				494,059				406,634
Interest income			5,453				5,775				3,021
Interest expense			44,135				16,942				30,990
Gain on sale of business			—				—				74,856
Other expense, net			3,333				1,942				5,896
Income before income taxes			177,836				480,950				447,625
Provision for income taxes			37,450				88,054				108,493
Net income		$	140,386			$	392,896			$	339,132

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

The following table set forth capital expenditures by reportable segment for the years ended December 31, 2019, 2018 and 2017:

		Vacuum & Analysis				Light & Motion				Equipment & Solutions				Total
December 31, 2019:
Capital expenditures		$	34,130			$	23,045			$	6,729			$	63,904
December 31, 2018:
Capital expenditures		$	40,144			$	22,797			$	—			$	62,941
December 31, 2017:
Capital expenditures		$	17,111			$	14,176			$	—			$	31,287

The following table sets forth depreciation and amortization by reportable segment for the years ended December 31, 2019, 2018 and 2017:

		Vacuum & Analysis				Light & Motion				Equipment & Solutions				Total
December 31, 2019:
Depreciation and amortization		$	16,826			$	53,857			$	39,351			$	110,034
December 31, 2018:
Depreciation and amortization		$	20,808			$	59,045			$	—			$	79,853
December 31, 2017:
Depreciation and amortization		$	20,297			$	62,259			$	—			$	82,556

Reconciliation of Segment Assets to Consolidated Total Assets

The following is a reconciliation of segment assets to consolidated total assets:

		Years Ended December 31,
		2019				2018
Total segment assets		$	803,210			$	680,143
Cash and cash equivalents and short-term investments			523,989				718,171
Other current assets			106,348				65,790
Property, plant and equipment, net			241,871				194,367
Right-of-use asset			64,497				—
Goodwill and intangible assets, net			1,623,084				906,803
Other assets and long-term assets			53,321				48,972
Consolidated total assets		$	3,416,320			$	2,614,246

Schedule of Net Revenues and Long-Lived Assets by Geographic Regions

Transfers between geographic areas are at tax transfer prices and have been eliminated from consolidated net revenues.

		Years Ended December 31,
Net revenues:		2019				2018				2017
United States		$	888,370			$	1,022,660			$	955,284
China			178,618				127,681				97,072
South Korea			167,651				203,567				212,763
Japan			143,081				193,264				167,318
Germany			150,584				159,508				122,339
Other			371,469				368,428				361,201
		$	1,899,773			$	2,075,108			$	1,915,977

		Years Ended December 31,
Long-lived assets:(1)		2019				2018
United States		$	208,323			$	146,687
Europe			41,433				26,794
Asia			89,567				50,572
		$	339,323			$	224,053

(1) Long-lived assets include property, plant and equipment, net, right-of-use assets, and certain other assets, and exclude goodwill, intangible assets 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,
		2019				2018				2017
Advanced Manufacturing Components		$	1,482,808			$	1,835,202			$	1,701,301
Global Service			288,476				239,906				214,676
Advanced Manufacturing Systems			128,489				—				—
		$	1,899,773			$	2,075,108			$	1,915,977

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