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SEGMENT INFORMATION (Tables)

9 Months Ended

Jul. 01, 2023

Segment Reporting [Abstract]

Operating information by segment

The following table reflects operating information by segment for the three and nine months ended July 1, 2023 and July 2, 2022: 

			Three months ended												Nine months ended
(in thousands)			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Net revenue:
Ball Bonding Equipment			$	76,865					$	217,912					$	184,049					$	751,496
Wedge Bonding Equipment			42,563						50,800						145,805						142,284
Advanced Solutions			23,858						34,614						58,997						71,651
APS			39,672						50,191						119,822						152,924
All Others			7,959						18,620						31,498						98,952
Net revenue			190,917						372,137						540,171						1,217,307
Income/(loss) from operations:
Ball Bonding Equipment			18,534						93,863						49,337						323,884
Wedge Bonding Equipment			15,974						19,443						$	53,958					$	49,599
Advanced Solutions			(2,570)						3,134						$	(21,160)					$	(7,574)
APS			11,510						22,282						34,778						64,651
All Others			(23,857)						2,671						(35,025)						28,372
Corporate Expenses			(24,079)						(19,316)						(61,925)						(56,404)
(Loss)/Income from operations			$	(4,488)					$	122,077					$	19,963					$	402,528

Schedule of net revenue by Capital Equipment end markets

The following table reflects net revenue by end markets served for the three and nine months ended July 1, 2023 and July 2, 2022: 

			Three months ended												Nine months ended
(in thousands)			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
General Semiconductor			$	77,745					$	223,034					$	217,186					$	670,251
Automotive & Industrial			44,973						51,018						149,608						160,366
LED			17,678						20,203						32,765						128,394
Memory			10,849						27,691						20,790						105,372
APS			39,672						50,191						119,822						152,924
Total revenue			$	190,917					$	372,137					$	540,171					$	1,217,307

Capital expenditures, depreciation and amortization expense

The following table reflects capital expenditures, depreciation expense and amortization expense for the three and nine months ended July 1, 2023 and July 2, 2022:

			Three months ended												Nine months ended
(in thousands)			July 1, 2023						July 2, 2022						July 1, 2023						July 2, 2022
Capital expenditures:
Ball Bonding Equipment			$	316					$	179					$	805					$	855
Wedge Bonding Equipment			83						358						403						780
Advanced Solutions			6,439						1,049						29,425						2,423
APS			1,251						1,151						4,443						2,851
All Others			30						437						279						700
Corporate Expenses			2,332						1,779						8,130						3,604
			$	10,451					$	4,953					$	43,485					$	11,213
Depreciation expense:
Ball Bonding Equipment			$	388					$	346					$	1,173					$	1,012
Wedge Bonding Equipment			304						252						878						732
Advanced Solutions			2,989						519						4,821						1,494
APS			1,517						1,681						4,742						4,971
All Others			416						250						1,017						792
Corporate Expenses			1,191						1,053						3,372						3,229
			$	6,805					$	4,101					$	16,003					$	12,230
Amortization expense:
Ball Bonding Equipment			$	—					$	—					$	—					$	—
Wedge Bonding Equipment			—						—						—						—
Advanced Solutions			—						—						—						—
APS			380						208						1,116						684
All Others			1,314						809						3,352						2,584
Corporate Expenses			92						92						275						275
			$	1,786					$	1,109					$	4,743					$	3,543

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets.

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