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SEGMENT INFORMATION
 12 Months Ended
Sep. 28, 2013
Segment Reporting [Abstract]  
SEGMENT INFORMATION
SEGMENT INFORMATION
The Company operates two reportable segments: Equipment and Expendable Tools. The Equipment segment manufactures and sells a line of ball bonders and heavy wire wedge bonders that are sold to semiconductor device manufacturers, their outsourced semiconductor assembly and test subcontractors, other electronics manufacturers and automotive electronics suppliers. The Company also services, maintains, repairs and upgrades its equipment. The Expendable Tools segment manufactures and sells a variety of expendable tools for a broad range of semiconductor packaging applications.
The following table reflects operating information by segment for fiscal 2013, 2012, and 2011: 
 
 
Fiscal
(in thousands)
 
2013
 
2012
 
2011
Net revenue:
 
 
 
 
 
 
       Equipment
 
$
472,567

 
$
727,082

 
$
759,331

       Expendable Tools
 
62,371

 
63,941

 
71,070

              Net revenue
 
534,938

 
791,023

 
830,401

Cost of sales :
 
 
 
 
 
 
       Equipment
 
261,270

 
397,210

 
412,914

       Expendable Tools
 
26,723

 
26,423

 
29,578

              Cost of sales
 
287,993

 
423,633

 
442,492

Gross profit :
 
 
 
 
 
 
        Equipment
 
211,297

 
329,872

 
346,417

        Expendable Tools
 
35,648

 
37,518

 
41,492

              Gross profit
 
246,945

 
367,390

 
387,909

Operating expenses:
 
 
 
 
 
 
        Equipment
 
158,306

 
164,081

 
189,631

        Expendable Tools
 
22,833

 
24,083

 
28,218

              Operating expenses
 
181,139

 
188,164

 
217,849

Income from operations:
 
 
 
 
 
 
        Equipment
 
52,991

 
165,791

 
156,786

        Expendable Tools
 
12,815

 
13,435

 
13,274

              Income from operations
 
$
65,806

 
$
179,226

 
$
170,060


The following tables reflect assets by segment, capital expenditures and depreciation expense as of and for fiscal 2013, 2012, and 2011:
 
 
 
As of
(in thousands)
 
September 28, 2013
 
September 29, 2012
 
October 1, 2011
Segment assets:
 
 
 
 
 
 
Equipment (1)
 
$
764,793

 
$
746,636

 
$
639,149

Expendable Tools (1)
 
98,201

 
68,973

 
89,242

Total assets
 
$
862,994

 
$
815,609

 
$
728,391

 
(1)
Increase in the Company's Equipment segment and increase in Expendable Tools from fiscal 2012 to 2013 were due to allocation, based upon fiscal year net revenue, of non-segment specific corporate assets. Corporate assets include: cash, cash equivalents, restricted cash, short-term investments, deferred income tax assets and other assets.
 
 
 
Fiscal
(in thousands)
 
2013
 
2012
 
2011
Capital expenditures:
 
 
 
 
 
 
Equipment
 
$
11,704

 
$
5,318

 
$
4,229

Expendable Tools
 
5,468

 
1,584

 
3,459

Capital expenditures
 
$
17,172

 
$
6,902

 
$
7,688


 
 
Fiscal
(in thousands)
 
2013
 
2012
 
2011
Depreciation expense
 
 
 
 
 
 
Equipment
 
$
6,936

 
$
5,745

 
$
5,955

Expendable Tools
 
2,375

 
2,342

 
2,257

Depreciation expense
 
$
9,311

 
$
8,087

 
$
8,212

 
Geographic information
The following tables reflect destination sales to unaffiliated customers by country and long-lived assets by country for fiscal 2013, 2012, and 2011:
 
Fiscal
(in thousands)
2013
 
2012
 
2011
Destination sales to unaffiliated customers:
 
 
 
 
 
Taiwan
$
150,271

 
$
251,128

 
$
240,390

China
124,272

 
160,573

 
132,933

Korea
36,949

 
71,552

 
114,130

Singapore
35,833

 
23,045

 
33,503

Philippines
30,257

 
33,715

 
16,806

Hong Kong
28,911

 
76,964

 
104,481

Malaysia
23,799

 
39,447

 
46,831

Japan
17,680

 
24,755

 
28,747

United States
14,652

 
13,433

 
17,955

Malta
9,552

 
6,089

 
10,009

Thailand
9,143

 
21,828

 
19,539

Germany
5,822

 
7,319

 
9,217

Vietnam
4,639

 
10,019

 
5,715

All other
43,158

 
51,156

 
50,145

Total destination sales to unaffiliated customers
$
534,938

 
$
791,023

 
$
830,401

 
Fiscal
(in thousands)
2013
 
2012
 
2011
Long-lived assets:
 
 
 
 
 
Singapore
$
87,104

 
$
67,060

 
$
74,130

United States
7,525

 
14,193

 
13,043

China
6,718

 
4,438

 
4,470

Israel
5,674

 
8,078

 
7,887

Switzerland
252

 
6,101

 
6,522

All other
1,333

 
2,423

 
2,498

Total long-lived assets
$
108,606

 
$
102,293

 
$
108,550