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SEGMENT INFORMATION
 3 Months Ended
Dec. 28, 2024
Segment Reporting [Abstract]  
SEGMENT INFORMATION 14. 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.
The Company has four reportable segments consisting of: (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 and wedge-related 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 and die-attach 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 the three months ended December 28, 2024 and December 30, 2023: 
 Three months ended
(in thousands)December 28, 2024December 30, 2023
Net revenue:  
Ball Bonding Equipment$59,686 $86,270 
Wedge Bonding Equipment32,223 23,459 
Advanced Solutions28,178 11,324 
APS39,386 41,241 
All Others6,651 8,895 
              Net revenue166,124 171,189 
Income from operations:
  
Ball Bonding Equipment13,428 27,714 
Wedge Bonding Equipment6,703 4,294 
Advanced Solutions78,574 (13,435)
APS11,255 12,246 
All Others(3,212)(8,074)
Corporate Expenses(20,099)(21,052)
           Income from operations
$86,649 $1,693 
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 the three months ended December 28, 2024 and December 30, 2023: 
 Three months ended
(in thousands)December 28, 2024December 30, 2023
General Semiconductor$65,559 $70,948 
Automotive & Industrial 31,175 23,521 
LED 19,279 5,732 
Memory 10,725 29,747 
APS39,386 41,241 
Total revenue$166,124 $171,189 
The following table reflects capital expenditures, depreciation expense and amortization expense for the three months ended December 28, 2024 and December 30, 2023:
 Three months ended
(in thousands)December 28, 2024December 30, 2023
Capital expenditures:
Ball Bonding Equipment$7 $396 
Wedge Bonding Equipment35 14 
Advanced Solutions78 244 
APS384 425 
All Others148 141 
Corporate Expenses1,459 2,313 
$2,111 $3,533 
Depreciation expense:  
Ball Bonding Equipment$332 $321 
Wedge Bonding Equipment227 284 
Advanced Solutions235 3,047 
APS1,399 1,323 
All Others328 380 
Corporate Expenses1,246 1,283 
$3,767 $6,638 
Amortization expense:
Ball Bonding Equipment$— $— 
Wedge Bonding Equipment— — 
Advanced Solutions— — 
APS281 226 
All Others873 1,029 
Corporate Expenses92 92 
$1,246 $1,347