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SEGMENT INFORMATION
 12 Months Ended
Sep. 27, 2014
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 2014, 2013, and 2012: 
 
 
Fiscal
(in thousands)
 
2014
 
2013
 
2012
Net revenue:
 
 
 
 
 
 
       Equipment
 
$
503,049

 
$
472,567

 
$
727,082

       Expendable Tools
 
65,520

 
62,371

 
63,941

              Net revenue
 
568,569

 
534,938

 
791,023

Cost of sales:
 
 
 
 
 
 
       Equipment
 
268,934

 
261,270

 
397,210

       Expendable Tools
 
26,081

 
26,723

 
26,423

              Cost of sales
 
295,015

 
287,993

 
423,633

Gross profit:
 
 
 
 
 
 
        Equipment
 
234,115

 
211,297

 
329,872

        Expendable Tools
 
39,439

 
35,648

 
37,518

              Gross profit
 
273,554

 
246,945

 
367,390

Operating expenses:
 
 
 
 
 
 
        Equipment
 
174,346

 
158,306

 
164,081

        Expendable Tools
 
22,224

 
22,833

 
24,083

              Operating expenses
 
196,570

 
181,139

 
188,164

Income from operations:
 
 
 
 
 
 
        Equipment
 
59,769

 
52,991

 
165,791

        Expendable Tools
 
17,215

 
12,815

 
13,435

              Income from operations
 
$
76,984

 
$
65,806

 
$
179,226


The following tables reflect assets, capital expenditures and depreciation expense by segment as of and for fiscal 2014, 2013, and 2012:
 
 
 
As of
(in thousands)
 
September 27, 2014
 
September 28, 2013
 
September 29, 2012
Segment assets:
 
 
 
 
 
 
Equipment
 
$
839,847

 
$
764,793

 
$
746,636

Expendable Tools
 
104,601

 
98,201

 
68,973

Total assets
 
$
944,448

 
$
862,994

 
$
815,609


 
 
 
Fiscal
(in thousands)
 
2014
 
2013
 
2012
Capital expenditures:
 
 
 
 
 
 
Equipment
 
$
9,560

 
$
11,704

 
$
5,318

Expendable Tools
 
2,841

 
5,468

 
1,584

Capital expenditures
 
$
12,401

 
$
17,172

 
$
6,902


 
 
Fiscal
(in thousands)
 
2014
 
2013
 
2012
Depreciation expense:
 
 
 
 
 
 
Equipment
 
$
5,662

 
$
6,936

 
$
5,745

Expendable Tools
 
2,540

 
2,375

 
2,342

Depreciation expense
 
$
8,202

 
$
9,311

 
$
8,087

 
Geographic information
The following tables reflect destination sales to unaffiliated customers by country and long-lived assets by country for fiscal 2014, 2013, and 2012:
 
 
Fiscal
(in thousands)
 
2014
 
2013
 
2012
 
 
 
 
 
 
 
China
 
$
144,134

 
$
124,272

 
$
160,573

Taiwan
 
140,586

 
150,271

 
251,128

Malaysia
 
46,033

 
23,799

 
39,447

Japan
 
34,480

 
17,680

 
24,755

United States
 
31,645

 
14,652

 
13,433

Philippines
 
31,371

 
30,257

 
33,715

Korea
 
31,284

 
36,949

 
71,552

Hong Kong
 
23,709

 
28,911

 
76,964

Singapore
 
21,934

 
35,833

 
23,045

Vietnam
 
11,355

 
4,639

 
10,019

Thailand
 
9,386

 
9,143

 
21,828

Germany
 
8,496

 
5,822

 
7,319

All other
 
34,156

 
52,710

 
57,245

Total destination sales to unaffiliated customers
 
$
568,569

 
$
534,938

 
$
791,023

 
Fiscal
(in thousands)
2014
 
2013
 
2012
Long-lived assets:
 
 
 
 
 
Singapore
$
86,386

 
$
87,104

 
$
67,060

United States
6,757

 
7,525

 
14,193

China
7,295

 
6,718

 
4,438

Israel
4,668

 
5,674

 
8,078

Switzerland
311

 
252

 
6,101

All other
1,340

 
1,333

 
2,423

Total long-lived assets
$
106,757

 
$
108,606

 
$
102,293