XML 18 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2013
Segment Information  
Information related to reportable segments and a reconciliation of segment (loss) profit to (loss) income from continuing operations before income taxes

The following tables present certain data pertaining to our reportable segments and a reconciliation of segment (loss) profit to (loss) income from continuing operations before income taxes for the three and nine months ended September 30, 2013 and 2012, respectively, and goodwill and total assets as of September 30, 2013 and December 31, 2012 (in thousands):

 

 

 

LED & Solar

 

Data Storage

 

Unallocated
Corporate

 

Total

 

Three months ended September 30, 2013

 

 

 

 

 

 

 

 

 

Net sales

 

$

75,001

 

$

24,323

 

$

—

 

$

99,324

 

Segment (loss) profit

 

$

(1,723

)

$

2,135

 

$

(5,491

)

$

(5,079

)

Interest income, net

 

—

 

—

 

192

 

192

 

Amortization

 

(531

)

(324

)

—

 

(855

)

Equity-based compensation

 

(1,016

)

(439

)

(1,308

)

(2,763

)

Restructuring

 

(793

)

(447

)

—

 

(1,240

)

(Loss) income from continuing operations before income taxes

 

$

(4,063

)

$

925

 

$

(6,607

)

$

(9,745

)

Three months ended September 30, 2012

 

 

 

 

 

 

 

 

 

Net sales

 

$

98,905

 

$

33,810

 

$

—

 

$

132,715

 

Segment profit

 

$

9,461

 

$

4,278

 

$

480

 

$

14,219

 

Interest income, net

 

—

 

—

 

176

 

176

 

Amortization

 

(1,154

)

(323

)

—

 

(1,477

)

Equity-based compensation

 

(1,914

)

(763

)

(588

)

(3,265

)

Restructuring

 

(660

)

(1,296

)

(58

)

(2,014

)

Income from continuing operations before income taxes

 

$

5,733

 

$

1,896

 

$

10

 

$

7,639

 

 

 

 

 

 

 

 

 

 

 

Nine months ended September 30, 2013

 

 

 

 

 

 

 

 

 

Net sales

 

$

193,241

 

$

65,299

 

$

—

 

$

258,540

 

Segment (loss) profit

 

$

(9,821

)

$

2,389

 

$

(15,549

)

$

(22,981

)

Interest income, net

 

—

 

—

 

620

 

620

 

Amortization

 

(1,595

)

(971

)

—

 

(2,566

)

Equity-based compensation

 

(3,042

)

(1,057

)

(4,956

)

(9,055

)

Restructuring

 

(1,216

)

(497

)

(58

)

(1,771

)

Loss from continuing operations before income taxes

 

$

(15,674

)

$

(136

)

$

(19,943

)

$

(35,753

)

Nine months ended September 30, 2012

 

 

 

 

 

 

 

 

 

Net sales

 

$

281,257

 

$

127,914

 

$

—

 

$

409,171

 

Segment profit (loss)

 

$

36,534

 

$

25,367

 

$

(2,009

)

$

59,892

 

Interest income, net

 

—

 

—

 

708

 

708

 

Amortization

 

(2,878

)

(999

)

—

 

(3,877

)

Equity-based compensation

 

(4,016

)

(1,614

)

(4,779

)

(10,409

)

Restructuring

 

(718

)

(1,301

)

(58

)

(2,077

)

Income (loss) from continuing operations before income taxes

 

$

28,922

 

$

21,453

 

$

(6,138

)

$

44,237

 
Schedule of reconciliation of segment assets to consolidated assets

 

LED & Solar

 

Data Storage

 

Unallocated
Corporate

 

Total

 

As of September 30, 2013

 

 

 

 

 

 

 

 

 

Goodwill

 

$

55,828

 

$

—

 

$

—

 

$

55,828

 

Total assets

 

$

235,356

 

$

37,277

 

$

636,480

 

$

909,113

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2012

 

 

 

 

 

 

 

 

 

Goodwill

 

$

55,828

 

$

—

 

$

—

 

$

55,828

 

Total assets

 

$

276,352

 

$

38,664

 

$

622,288

 

$

937,304