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SUBSEQUENT EVENTS | 3 Months Ended
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Jan. 02, 2021
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENTSOn January 19, 2021, the Company entered into and closed a Stock Purchase Agreement with Uniqarta, Inc. ("Uniqarta") and the equity holders of Uniqarta to purchase all of Uniqarta's outstanding equity interests. The purchase price consisted of approximately $26 million in cash paid at closing. Uniqarta is a developer of laser transfer technology and the acquisition expands the Company's presence in the LED end market. Upon the closing of the acquisition on January 19, 2021, Uniqarta became a wholly-owned subsidiary of the Company. The Company is in the process of determining the purchase price allocation for this acquisition.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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