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Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Summary of Operating Results by Reportable Segment The following table summarizes the operating results by reportable segment for the periods presented (dollars in thousands):
Three Months Ended March 31, 2021
Laser ProductsAdvanced DevelopmentCorporate and OtherTotals
Revenue$47,335 $14,010 $— $61,345 
Gross profit$17,431 $705 $(491)$17,645 
Gross margin36.8 %5.0 %NM28.8 %
Three Months Ended March 31, 2020
Laser ProductsAdvanced DevelopmentCorporate and OtherTotals
Revenue$36,930 $6,285 $— $43,215 
Gross profit$9,375 $471 $(345)$9,501 
Gross margin25.4 %7.5 %NM22.0 %