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SEGMENT INFORMATION (Tables)

6 Months Ended

Mar. 30, 2024

Segment Reporting [Abstract]

Operating information by segment

The following table reflects operating information by segment for the three and six months ended March 30, 2024 and April 1, 2023: 

			Three months ended												Six months ended
(in thousands)			March 30, 2024						April 1, 2023						March 30, 2024						April 1, 2023
Net revenue:
Ball Bonding Equipment			$	81,908					$	53,535					$	168,178					$	107,184
Wedge Bonding Equipment			22,761						48,586						46,220						103,242
Advanced Solutions			14,124						20,432						25,448						35,139
APS			40,667						39,294						81,908						80,155
All Others			12,614						11,174						21,509						23,534
Net revenue			172,074						173,021						343,263						349,254
Income/(loss) from operations:
Ball Bonding Equipment			25,152						13,744						52,866						30,803
Wedge Bonding Equipment			4,253						18,557						$	8,547					$	37,984
Advanced Solutions			(116,981)						(7,853)						$	(130,416)					$	(18,588)
APS			12,586						11,978						24,832						23,273
All Others			(9,554)						(6,711)						(17,628)						(11,174)
Corporate Expenses			(20,611)						(17,086)						(41,663)						(37,847)
Income from operations			$	(105,155)					$	12,629					$	(103,462)					$	24,451

Schedule of net revenue by Capital Equipment end markets

The following table reflects net revenue by end markets served for the three and six months ended March 30, 2024 and April 1, 2023: 

			Three months ended												Six months ended
(in thousands)			March 30, 2024						April 1, 2023						March 30, 2024						April 1, 2023
General Semiconductor			$	90,137					$	71,064					$	161,085					$	139,436
Automotive & Industrial			25,368						51,455						48,889						104,635
LED			5,575						5,894						11,307						15,087
Memory			10,327						5,314						40,074						9,941
APS			40,667						39,294						81,908						80,155
Total revenue			$	172,074					$	173,021					$	343,263					$	349,254

Capital expenditures, depreciation and amortization expense

The following table reflects capital expenditures, depreciation expense and amortization expense for the three and six months ended March 30, 2024 and April 1, 2023:

			Three months ended												Six months ended
(in thousands)			March 30, 2024						April 1, 2023						March 30, 2024						April 1, 2023
Capital expenditures:
Ball Bonding Equipment			$	158					$	305					$	554					$	489
Wedge Bonding Equipment			121						136						135						321
Advanced Solutions			74						11,284						318						22,991
APS			245						1,867						670						3,192
All Others			286						82						427						248
Corporate Expenses			2,962						3,709						5,275						5,793
			$	3,846					$	17,383					$	7,379					$	33,034
Depreciation expense:
Ball Bonding Equipment			$	326					$	409					$	647					$	785
Wedge Bonding Equipment			252						300						536						575
Advanced Solutions			2,321						1,214						5,368						1,832
APS			1,302						1,616						2,625						3,225
All Others			386						333						766						602
Corporate Expenses			1,055						1,107						2,338						2,179
			$	5,642					$	4,979					$	12,280					$	9,198
Amortization expense:
Ball Bonding Equipment			$	—					$	—					$	—					$	—
Wedge Bonding Equipment			—						—						—						—
Advanced Solutions			—						—						—						—
APS			231						377						457						736
All Others			1,003						1,095						2,032						2,038
Corporate Expenses			91						91						183						183
			$	1,325					$	1,563					$	2,672					$	2,957

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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Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

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