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Segment and Geographic Information | 12 Months Ended
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Dec. 31, 2012
Segment and Geographic Information | NOTE 18: Segment and Geographic Information The Company has two reportable segments: the Modular Vision Systems Division (MVSD) and the Surface Inspection Systems Division (SISD). MVSD develops, manufactures, and markets modular vision systems and ID products that are used to automate the manufacture and tracking of discrete items by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. SISD develops, manufactures, and markets surface inspection vision systems that are used to inspect surfaces of materials processed in a continuous fashion, such as metals, papers, nonwoven, plastics, and glass, to ensure there are no flaws or defects on the surfaces. Segments are determined based upon the way that management organizes its business for making operating decisions and assessing performance. The Company evaluates segment performance based upon income or loss from operations, excluding stock-based compensation expense. The following table summarizes information about the Company’s segments (in thousands):
|  | MVSD |  |  | SISD |  |  | Reconciling Items |  |  | Consolidated |
Year Ended December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenue |  | $ | 263,308 |  |  | $ | 32,280 |  |  |  |  |  |  | $ | 295,588 |
Service revenue |  |  | 10,388 |  |  |  | 18,303 |  |  |  |  |  |  |  | 28,691 |
Depreciation and amortization |  |  | 9,505 |  |  |  | 963 |  |  | $ | 390 |  |  |  | 10,858 |
Goodwill and intangibles |  |  | 90,390 |  |  |  | 6,069 |  |  |  | — |  |  |  | 96,459 |
Operating income |  |  | 89,378 |  |  |  | 11,941 |  |  |  | (17,912 | ) |  |  | 83,407 |
Year Ended December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenue |  | $ | 264,956 |  |  | $ | 32,354 |  |  |  |  |  |  | $ | 297,310 |
Service revenue |  |  | 8,717 |  |  |  | 15,887 |  |  |  |  |  |  |  | 24,604 |
Depreciation and amortization |  |  | 8,445 |  |  |  | 908 |  |  | $ | 403 |  |  |  | 9,756 |
Goodwill and intangibles |  |  | 94,322 |  |  |  | 6,617 |  |  |  | — |  |  |  | 100,939 |
Operating income |  |  | 94,201 |  |  |  | 10,301 |  |  |  | (19,147 | ) |  |  | 85,355 |
Year Ended December 31, 2010 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenue |  | $ | 234,052 |  |  | $ | 29,411 |  |  |  |  |  |  | $ | 263,463 |
Service revenue |  |  | 13,362 |  |  |  | 13,866 |  |  |  |  |  |  |  | 27,228 |
Depreciation and amortization |  |  | 8,683 |  |  |  | 757 |  |  | $ | 369 |  |  |  | 9,809 |
Goodwill and intangibles |  |  | 98,252 |  |  |  | 7,082 |  |  |  | — |  |  |  | 105,334 |
Operating income |  |  | 88,342 |  |  |  | 5,064 |  |  |  | (17,693 | ) |  |  | 75,713 |
Reconciling items consist of stock-based compensation expense and unallocated corporate expenses, which primarily include corporate headquarters costs, professional fees, and patent infringement litigation. Additional asset information by segment is not produced internally for use by the chief operating decision maker, and therefore, is not presented. Additional asset information is not provided because cash and investments are commingled and the segments share assets and resources in a number of locations around the world. No customer accounted for greater than 10% of revenue in 2012, 2011, or 2010. The following table summarizes information about geographic areas (in thousands):
|  | United States |  |  | Europe |  |  | Japan |  |  | Other |  |  | Total |
Year Ended December 31, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenue |  | $ | 87,877 |  |  | $ | 95,376 |  |  | $ | 38,151 |  |  | $ | 74,184 |  |  | $ | 295,588 |
Service revenue |  |  | 13,248 |  |  |  | 6,083 |  |  |  | 5,043 |  |  |  | 4,317 |  |  |  | 28,691 |
Long-lived assets |  |  | 120,596 |  |  |  | 4,939 |  |  |  | 2,229 |  |  |  | 6,342 |  |  |  | 134,106 |
Year Ended December 31, 2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenue |  | $ | 87,166 |  |  | $ | 100,984 |  |  | $ | 45,295 |  |  | $ | 63,865 |  |  | $ | 297,310 |
Service revenue |  |  | 10,796 |  |  |  | 6,343 |  |  |  | 4,147 |  |  |  | 3,318 |  |  |  | 24,604 |
Long-lived assets |  |  | 121,174 |  |  |  | 10,811 |  |  |  | 2,773 |  |  |  | 952 |  |  |  | 135,710 |
Year Ended December 31, 2010 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenue |  | $ | 74,105 |  |  | $ | 83,432 |  |  | $ | 55,269 |  |  | $ | 50,657 |  |  | $ | 263,463 |
Service revenue |  |  | 12,493 |  |  |  | 7,611 |  |  |  | 3,986 |  |  |  | 3,138 |  |  |  | 27,228 |
Long-lived assets |  |  | 122,760 |  |  |  | 10,387 |  |  |  | 2,457 |  |  |  | 885 |  |  |  | 136,489 |
Revenue is presented geographically based upon the customer’s country of domicile.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: 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=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: 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=6534315&loc=d3e9038-108599 + Details
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