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SEGMENT INFORMATION
 12 Months Ended
Oct. 01, 2022
Segment Reporting [Abstract]  
SEGMENT INFORMATION SEGMENT INFORMATION
Reportable segments are defined as components of an enterprise that engage in business activities for which discrete financial information is available and regularly reviewed by the chief operating decision maker (the “CODM”) in deciding how to allocate resources and assess performance. The Company’s Chief Executive Officer is the CODM. The CODM does not review discrete asset information.
During the third quarter of fiscal year 2023, the Company reconsidered the guidance under ASC 280, Segment Reporting, and determined that certain prior period conclusions about the Company’s operating and reportable segments were erroneous. As a result, the Company had incorrectly presented certain segment-related disclosures in the notes to our previously issued consolidated financial statements, included in the Original Form 10-K. The Company has evaluated the materiality of the incorrect presentation of its segment-related disclosures and has concluded that it did not result in a material misstatement of the Company’s previously issued consolidated financial statements. However, the Company determined it would revise its notes to the consolidated financial statements to correct the presentation of its segment-related disclosures.
The Company has revised the prior period presentation to reflect its four reportable segments as follows: (1) Ball Bonding Equipment, (2) Wedge Bonding Equipment, (3) Advanced Solutions, and (4) Aftermarket Products and Services (“APS”). The four reportable segments are disclosed below:
Ball Bonding Equipment: Reflects the results of the Company from the design, development, manufacture and sale of ball bonding equipment and wafer level bonding equipment.
Wedge Bonding Equipment: Reflects the results of the Company from the design, development, manufacture and sale of wedge bonding equipment.
Advanced Solutions: Reflects the results of the Company from the design, development, manufacture and sale of certain advanced display, die-attach and thermocompression systems and solutions.
APS: Reflects the results of the Company from the design, development, manufacture and sale of a variety of tools, spares and services for our equipment.
Any other operating segments that have not been aggregated within the reportable segments described above which do not meet the quantitative threshold to be disclosed as a separate reportable segment have been grouped within an “All Others” category. This group is reflective of the results of the Company from the design, development, manufacture and sale of certain advanced display, advanced dispense, electronics assembly, die-attach and lithography systems and solutions. Results for the “All Others” category and other corporate expenses are included as a reconciling item between the Company’s reportable segments and its consolidated results of operations.
The following table reflects operating information by segment for fiscal 2022, 2021, and 2020: 
 Fiscal
(in thousands)202220212020
Net revenue:
Ball Bonding Equipment$909,428 $1,016,663 $312,611 
Wedge Bonding Equipment194,086 138,836 67,088 
Advanced Solutions94,683 35,123 5,186 
APS197,152 205,088 161,117 
All Others108,271 121,954 77,174 
              Net revenue1,503,620 1,517,664 623,176 
Income/(loss) from operations:
Ball Bonding Equipment385,276 $401,450 $95,695 
Wedge Bonding Equipment66,649 34,563 4,158 
Advanced Solutions(15,389)(40,759)(44,278)
APS82,473 75,400 51,255 
All Others25,732 20,565 7,632 
Corporate Expenses(74,669)(78,772)(55,953)
              Income from operations470,072 412,447 58,509 

We have considered: (1) information that is regularly reviewed by our CODM in evaluating financial performance and how to allocate resources; and (2) other financial data, including information that we include in our earnings releases but which is not included in our financial statements, to disaggregate revenues by end markets served. The principal category we use to disaggregate revenues is by the end markets served.
The following table reflects net revenue by end markets served for fiscal 2022, 2021, and 2020
 Fiscal
(in thousands)202220212020
General Semiconductor$843,763 $928,259 $290,220 
Automotive & Industrial198,138 129,817 60,169 
LED137,077 187,568 76,574 
Memory127,490 66,932 35,096 
APS$197,152 $205,088 $161,117 
Total revenue$1,503,620 $1,517,664 $623,176 

The following tables reflect capital expenditures, depreciation and amortization expense by segment for fiscal 2022, 2021, and 2020.
 Fiscal
(in thousands)202220212020
Capital expenditures:
Ball Bonding Equipment$978 $1,627 $1,586 
Wedge Bonding Equipment1,450 387 607 
Advanced Solutions19,036 6,090 214 
APS4,964 5,286 8,131 
All Others1,364 1,046 1,767 
Corporate Expenses4,441 8,119 2,209 
Capital expenditures$32,233 $22,555 $14,514 
 Fiscal
(in thousands)202220212020
Depreciation expense:
Ball Bonding Equipment$1,398 $1,153 $758 
Wedge Bonding Equipment981 940 933 
Advanced Solutions2,034 845 487 
APS6,632 5,969 4,951 
All Others1,047 1,179 1,252 
Corporate Expenses4,284 3,750 3,987 
Depreciation expense$16,376 $13,836 $12,368 
 Fiscal
(in thousands)202220212020
Amortization expense:
Ball Bonding Equipment$— $— $— 
Wedge Bonding Equipment— — — 
Advanced Solutions— — — 
APS994 2,319 3,416 
All Others3,557 3,369 3,955 
Corporate Expenses366 286 — 
Amortization expense$4,917 $5,974 $7,371 

Geographical information
The following tables reflect destination sales to unaffiliated customers by country and long-lived assets by country for fiscal 2022, 2021, and 2020:
Fiscal
(in thousands)202220212020
Destination sales to unaffiliated customers:
China$855,345 $843,470 $321,294 
Malaysia126,520 70,253 40,641 
Taiwan123,995 275,251 64,373 
Korea87,647 58,308 30,848 
United States83,906 54,353 36,186 
Hong Kong 27,216 82,436 43,288 
All other(1)
198,991 133,593 86,546 
Total destination sales to unaffiliated customers$1,503,620 $1,517,664 $623,176 
(1) Certain balances in fiscal 2021 and 2020 have been reclassified to conform to the current period presentation. These reclassifications have no impact to the consolidated financial statements in fiscal 2021 and 2020.
Fiscal
(in thousands)20222021
Long-lived assets:
Singapore$59,672 $40,470 
United States31,469 32,684 
China19,548 25,386 
Israel10,610 8,597 
All other9,647 11,187 
Total long-lived assets$130,946 $118,324