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Segment Information (Tables) | 9 Months Ended
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Oct. 01, 2021
Segment Reporting [Abstract] |
Revenue, Gross Profit, Gross Profit Margin, Operating Income (Loss), and Depreciation and Amortization Expenses by Reportable Segment | Revenue, gross profit, gross profit margin, operating income (loss), and depreciation and amortization expenses by reportable segment were as follows (in thousands, except percentage data):
| Three Months Ended |  |  | Nine Months Ended |
| October 1, |  |  | October 2, |  |  | October 1, |  |  | October 2, |
Revenue | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Photonics | $ | 55,263 |  |  | $ | 46,394 |  |  | $ | 176,113 |  |  | $ | 149,337 |
Vision |  | 65,346 |  |  |  | 64,299 |  |  |  | 196,429 |  |  |  | 198,047 |
Precision Motion |  | 57,117 |  |  |  | 32,236 |  |  |  | 135,291 |  |  |  | 95,741 |
Total | $ | 177,726 |  |  | $ | 142,929 |  |  | $ | 507,833 |  |  | $ | 443,125 |
| Three Months Ended |  |  | Nine Months Ended |
| October 1, |  |  | October 2, |  |  | October 1, |  |  | October 2, |
Gross Profit | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Photonics | $ | 25,311 |  |  | $ | 20,166 |  |  | $ | 83,014 |  |  | $ | 65,725 |
Vision |  | 24,763 |  |  |  | 24,586 |  |  |  | 76,132 |  |  |  | 75,676 |
Precision Motion |  | 27,743 |  |  |  | 15,011 |  |  |  | 64,694 |  |  |  | 42,753 |
Unallocated Corporate and Shared Services |  | (1,519 | ) |  |  | (658 | ) |  |  | (6,396 | ) |  |  | (1,902 | )
Total | $ | 76,298 |  |  | $ | 59,105 |  |  | $ | 217,444 |  |  | $ | 182,252 |
| Three Months Ended |  |  | Nine Months Ended |
| October 1, |  |  | October 2, |  |  | October 1, |  |  | October 2, |
Gross Profit Margin | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Photonics |  | 45.8 | % |  |  | 43.5 | % |  |  | 47.1 | % |  |  | 44.0 | %
Vision |  | 37.9 | % |  |  | 38.2 | % |  |  | 38.8 | % |  |  | 38.2 | %
Precision Motion |  | 48.6 | % |  |  | 46.6 | % |  |  | 47.8 | % |  |  | 44.7 | %
Total |  | 42.9 | % |  |  | 41.4 | % |  |  | 42.8 | % |  |  | 41.1 | %
| Three Months Ended |  |  | Nine Months Ended |
| October 1, |  |  | October 2, |  |  | October 1, |  |  | October 2, |
Operating Income (Loss) | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Photonics | $ | 9,294 |  |  | $ | 7,026 |  |  | $ | 35,885 |  |  | $ | 22,878 |
Vision |  | 5,606 |  |  |  | 3,799 |  |  |  | 12,178 |  |  |  | 14,098 |
Precision Motion |  | 14,957 |  |  |  | 7,675 |  |  |  | 34,681 |  |  |  | 20,728 |
Unallocated Corporate and Shared Services |  | (14,582 | ) |  |  | (6,634 | ) |  |  | (40,378 | ) |  |  | (18,887 | )
Total | $ | 15,275 |  |  | $ | 11,866 |  |  | $ | 42,366 |  |  | $ | 38,817 |
| Three Months Ended |  |  | Nine Months Ended |
| October 1, |  |  | October 2, |  |  | October 1, |  |  | October 2, |
Depreciation and Amortization Expenses | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Photonics | $ | 2,901 |  |  | $ | 2,864 |  |  | $ | 8,703 |  |  | $ | 8,303 |
Vision |  | 5,239 |  |  |  | 5,296 |  |  |  | 15,793 |  |  |  | 15,845 |
Precision Motion |  | 2,691 |  |  |  | 1,369 |  |  |  | 5,916 |  |  |  | 4,055 |
Unallocated Corporate and Shared Services |  | 59 |  |  |  | 67 |  |  |  | 201 |  |  |  | 160 |
Total | $ | 10,890 |  |  | $ | 9,596 |  |  | $ | 30,613 |  |  | $ | 28,363 |
Schedule of Geographic Revenue | The Company aggregates geographic revenue based on the customer locations where products are shipped to. Revenue by geography was as follows (in thousands):
| Three Months Ended |  |  | Nine Months Ended |
| October 1, |  |  | October 2, |  |  | October 1, |  |  | October 2, |
| 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
United States | $ | 72,972 |  |  | $ | 57,635 |  |  | $ | 191,699 |  |  | $ | 171,364 |
Germany |  | 25,313 |  |  |  | 18,885 |  |  |  | 71,448 |  |  |  | 64,266 |
Rest of Europe |  | 34,163 |  |  |  | 30,483 |  |  |  | 105,338 |  |  |  | 94,281 |
China |  | 22,230 |  |  |  | 17,409 |  |  |  | 68,286 |  |  |  | 50,285 |
Rest of Asia-Pacific |  | 21,256 |  |  |  | 16,414 |  |  |  | 64,765 |  |  |  | 55,956 |
Other |  | 1,792 |  |  |  | 2,103 |  |  |  | 6,297 |  |  |  | 6,973 |
Total | $ | 177,726 |  |  | $ | 142,929 |  |  | $ | 507,833 |  |  | $ | 443,125 |
Revenue By End Market | The Company primarily operates in two end markets: the medical market and advanced industrial market. Revenue by end market was approximately as follows:
| Three Months Ended |  |  | Nine Months Ended |
| October 1, |  |  | October 2, |  |  | October 1, |  |  | October 2, |
| 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Medical |  | 53 | % |  |  | 54 | % |  |  | 53 | % |  |  | 56 | %
Advanced Industrial |  | 47 | % |  |  | 46 | % |  |  | 47 | % |  |  | 44 | %
Total |  | 100 | % |  |  | 100 | % |  |  | 100 | % |  |  | 100 | %

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