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SEGMENT INFORMATION
3 Months Ended
Dec. 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 the three months ended December 27, 2014 and December 28, 2013
 
 
Three months ended
(in thousands)
 
December 27, 2014
 
December 28, 2013
Net revenue:
 
 

 
 

       Equipment
 
$
90,956

 
$
63,145

       Expendable Tools
 
16,482

 
15,968

              Net revenue
 
107,438

 
79,113

Cost of sales:
 
 

 
 

       Equipment
 
46,099

 
34,473

       Expendable Tools
 
6,605

 
6,275

              Cost of sales
 
52,704

 
40,748

Gross profit:
 
 

 
 

        Equipment
 
44,857

 
28,672

        Expendable Tools
 
9,877

 
9,693

              Gross profit
 
54,734

 
38,365

Operating expenses:
 
 

 
 

        Equipment
 
39,411

 
35,552

        Expendable Tools
 
5,597

 
5,021

              Operating expenses
 
45,008

 
40,573

Income / (loss) from operations:
 
 

 
 

        Equipment
 
5,446

 
(6,880
)
        Expendable Tools
 
4,280

 
4,672

              Income / (loss) from operations
 
$
9,726

 
$
(2,208
)

 
The following table reflects assets by segment as of December 27, 2014 and September 27, 2014:
 
 
 
As of
(in thousands)
 
December 27, 2014
 
September 27, 2014
Segment assets:
 
 

 
 

Equipment
 
$
795,040

 
$
839,847

Expendable Tools
 
132,802

 
104,601

Total assets
 
$
927,842

 
$
944,448


 
The following tables reflect capital expenditures and depreciation expense for the three months ended December 27, 2014 and December 28, 2013:
 
 
 
Three months ended
(in thousands)
 
December 27, 2014
 
December 28, 2013
Capital expenditures:
 
 

 
 

Equipment
 
$
1,736

 
$
4,232

Expendable Tools
 
517

 
1,197

Capital expenditures
 
$
2,253

 
$
5,429

 
 
Three months ended
(in thousands)
 
December 27, 2014
 
December 28, 2013
Depreciation expense:
 
 

 
 

Equipment
 
$
1,585

 
$
1,098

Expendable Tools
 
642

 
565

Depreciation expense
 
$
2,227

 
$
1,663