XML 38 R24.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Segments and Geographic Information | 12 Months Ended
--- | ---
Dec. 25, 2021
Segment Reporting [Abstract] |
Segments and Geographic Information | Segments and Geographic Information We operate in two reportable segments consisting of the Probe Cards Segment and the Systems Segment. Our chief operating decision maker (“CODM”) is our Chief Executive Officer, who reviews operating results to make decisions about allocating resources and assessing performance for the entire company. The following table summarizes the operating results by reportable segment (dollars in thousands):
| Fiscal 2021
| Probe Cards |  | Systems |  | Corporate and Other |  | Total
Revenues | $ | 633,281 |  |  | $ | 136,393 |  |  | $ | — |  |  | $ | 769,674 |
Gross profit | 279,873 |  |  | 65,834 |  |  | (22,940) |  |  | 322,767 |
Gross margin | 44.2 | % |  | 48.3 | % |  | — | % |  | 41.9 | %
| Fiscal 2020
| Probe Cards |  | Systems |  | Corporate and Other |  | Total
Revenues | $ | 581,739 |  |  | $ | 111,877 |  |  | $ | — |  |  | $ | 693,616 |
Gross profit | 263,215 |  |  | 51,835 |  |  | (27,130) |  |  | 287,920 |
Gross margin | 45.2 | % |  | 46.3 | % |  | — | % |  | 41.5 | %
| Fiscal 2019
| Probe Cards |  | Systems |  | Corporate and Other |  | Total
Revenues | $ | 491,363 |  |  | $ | 98,101 |  |  | $ | — |  |  | $ | 589,464 |
Gross profit | 211,382 |  |  | 50,927 |  |  | (24,813) |  |  | 237,496 |
Gross margin | 43.0 | % |  | 51.9 | % |  | — | % |  | 40.3 | %
Operating results provide useful information to our management for assessment of our performance and results of operations. Certain components of our operating results are utilized to determine executive compensation along with other measures. Corporate and Other includes unallocated expenses relating to amortization of intangible assets, share-based compensation expense, acquisition-related costs, including charges related to inventory and fixed assets stepped up to fair value, and other costs, which are not used in evaluating the results of, or in allocating resources to, our reportable segments. Acquisition-related costs include transaction costs and any costs directly related to the acquisition and integration of acquired businesses. The following table summarizes revenue, by geographic region, as a percentage of total revenues based upon ship-to location:
| Fiscal Year Ended
| December 25, 2021 |  | December 26, 2020 |  | December 28, 2019
Taiwan | 24.2 | % |  | 21.7 | % |  | 14.7 | %
China | 21.2 |  |  | 25.2 |  |  | 18.0 |
South Korea | 16.0 |  |  | 12.5 |  |  | 19.8 |
United States | 15.9 |  |  | 18.4 |  |  | 26.3 |
Asia-Pacific (1) | 11.5 |  |  | 4.8 |  |  | 3.7 |
Europe | 5.7 |  |  | 9.5 |  |  | 7.0 |
Japan | 4.7 |  |  | 6.3 |  |  | 8.9 |
Rest of World | 0.8 |  |  | 1.6 |  |  | 1.6 |
Total Revenues | 100.0 | % |  | 100.0 | % |  | 100.0 | %
(1)Asia-Pacific includes all countries in the region except Taiwan, South Korea, China, and Japan, which are disclosed separately. The following table summarizes revenue by market (in thousands):
| Fiscal Year Ended
| December 25, 2021 |  | December 26, 2020 |  | December 28, 2019
Foundry & Logic | $ | 435,812 |  |  | $ | 446,183 |  |  | $ | 318,552 |
DRAM | 156,049 |  |  | 109,734 |  |  | 147,257 |
Flash | 41,420 |  |  | 25,822 |  |  | 25,554 |
Systems | 136,393 |  |  | 111,877 |  |  | 98,101 |
Total revenues | $ | 769,674 |  |  | $ | 693,616 |  |  | $ | 589,464 |
The following table summarizes revenue by timing of revenue recognition (in thousands):
| Fiscal Year Ended
| December 25, 2021 |  | December 26, 2020 |  | December 28, 2019
| Probe Cards |  | Systems |  | Total |  | Probe Cards |  | Systems |  | Total |  | Probe Cards |  | Systems |  | Total
Products transferred at a point in time | $ | 630,038 |  |  | $ | 124,788 |  |  | $ | 754,826 |  |  | $ | 579,569 |  |  | $ | 104,858 |  |  | $ | 684,427 |  |  | $ | 488,925 |  |  | $ | 93,837 |  |  | $ | 582,762 |
Services transferred over time | 3,243 |  |  | 11,605 |  |  | 14,848 |  |  | 2,170 |  |  | 7,019 |  |  | 9,189 |  |  | 2,438 |  |  | 4,264 |  |  | 6,702 |
Total | $ | 633,281 |  |  | $ | 136,393 |  |  | $ | 769,674 |  |  | $ | 581,739 |  |  | $ | 111,877 |  |  | $ | 693,616 |  |  | $ | 491,363 |  |  | $ | 98,101 |  |  | $ | 589,464 |
Long-lived assets, comprised of Operating lease, Right-of-use assets, Property, plant and equipment, net, Goodwill and Intangibles, net, reported based on the location of the asset was as follows (in thousands):
| December 25, 2021 |  | December 26, 2020 |  | December 28, 2019
United States | $ | 372,338 |  |  | $ | 347,654 |  |  | $ | 287,600 |
Europe | 47,700 |  |  | 51,791 |  |  | 52,309 |
Asia-Pacific | 10,368 |  |  | 7,322 |  |  | 7,064 |
Total | $ | 430,406 |  |  | $ | 406,767 |  |  | $ | 346,973 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration