XML 25 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Foreign Operations, Geographic Area and Product Segment Information (Tables)
 12 Months Ended
Dec. 31, 2013
Foreign Operations, Geographic Area and Product Segment Information  
Schedule of net sales which are attributed to the geographic location in which the customer facility is located and long-lived tangible assets

Net sales which are attributed to the geographic location in which the customer facility is located and long-lived tangible assets related to operations in the United States and other foreign countries as of and for the years ended December 31, 2013, 2012 and 2011 are as follows (in thousands):

 

 

 

Net Sales to Unaffiliated

 

 

 

 

 

 

 

 

 

Customers

 

Long-Lived Tangible Assets

 

 

 

2013

 

2012

 

2011

 

2013

 

2012

 

2011

 

Americas (1)

 

$

57,609

 

$

83,317

 

$

100,635

 

$

66,002

 

$

74,497

 

$

67,788

 

Europe, Middle East and Africa (1)

 

21,941

 

41,708

 

57,617

 

95

 

36

 

203

 

Asia Pacific (1)

 

252,199

 

390,995

 

820,883

 

23,042

 

23,769

 

20,417

 

 

 

$

331,749

 

$

516,020

 

$

979,135

 

$

89,139

 

$

98,302

 

$

88,408

 

 

(1) For the year ended December 31, 2013, net sales to customers in China were 44.8% of total net sales. For the year ended December 31, 2012, net sales to customers in China and Taiwan were 42.0% and 11.4% of total net sales, respectively. For the year ended December 31, 2011, net sales to customers in China were 66.4% of total net sales. No other country in Europe, Middle East, and Africa (“EMEA”) and Asia Pacific (“APAC”) accounted for more than 10% of our net sales for the years presented. A minimal amount, less than 1%, of sales included within the Americas caption above have been derived from other regions outside of the United States.
Information related to reportable segments and a reconciliation of segment profit (loss) to income (loss) from continuing operations before income taxes

The following tables present certain data pertaining to our reportable product segments and a reconciliation of segment profit (loss) to income (loss) from continuing operations, before income taxes for the years ended December 31, 2013, 2012 and 2011, and goodwill and total assets as of December 31, 2013 and 2012 (in thousands):

 

 

 

 

 

Data

 

 

 

 

 

 

 

LED & Solar

 

Storage

 

Unallocated

 

Total

 

Year ended December 31, 2013

 

 

 

 

 

 

 

 

 

Net sales

 

$

249,742

 

$

82,007

 

$

—

 

$

331,749

 

Segment loss

 

$

(26,362

)

$

(671

)

$

(22,588

)

$

(49,621

)

Interest income (expense), net

 

—

 

—

 

602

 

602

 

Amortization

 

(4,233

)

(1,294

)

—

 

(5,527

)

Equity-based compensation

 

(5,126

)

(1,703

)

(6,301

)

(13,130

)

Restructuring

 

(1,017

)

(410

)

(58

)

(1,485

)

Asset impairment charge

 

(1,174

)

(46

)

—

 

(1,220

)

Changes in contingent consideration

 

(829

)

—

 

—

 

(829

)

Income (loss) from continuing operations before income taxes

 

$

(38,741

)

$

(4,124

)

$

(28,345

)

$

(71,210

)

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2012

 

 

 

 

 

 

 

 

 

Net sales

 

$

363,181

 

$

152,839

 

$

—

 

$

516,020

 

Segment profit (loss)

 

$

41,603

 

$

25,414

 

$

(4,919

)

$

62,098

 

Interest income (expense), net

 

—

 

—

 

974

 

974

 

Amortization

 

(3,586

)

(1,322

)

—

 

(4,908

)

Equity-based compensation

 

(5,400

)

(1,920

)

(6,534

)

(13,854

)

Restructuring

 

(1,233

)

(2,521

)

(59

)

(3,813

)

Asset impairment charge

 

—

 

(1,335

)

—

 

(1,335

)

Other

 

—

 

(976

)

—

 

(976

)

Income (loss) from continuing operations before income taxes

 

$

31,384

 

$

17,340

 

$

(10,538

)

$

38,186

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31, 2011

 

 

 

 

 

 

 

 

 

Net sales

 

$

827,797

 

$

151,338

 

$

—

 

$

979,135

 

Segment profit (loss)

 

$

267,059

 

$

38,358

 

$

(8,987

)

$

296,430

 

Interest income (expense), net

 

—

 

—

 

(824

)

(824

)

Amortization

 

(3,227

)

(1,424

)

(83

)

(4,734

)

Equity-based compensation

 

(3,473

)

(1,458

)

(7,876

)

(12,807

)

Restructuring

 

(204

)

(12

)

(1,072

)

(1,288

)

Asset impairment charge

 

(584

)

—

 

—

 

(584

)

Other

 

(758

)

—

 

—

 

(758

)

Loss on extinguishment of debt

 

—

 

—

 

(3,349

)

(3,349

)

Income (loss) from continuing operations before income taxes

 

$

258,813

 

$

35,464

 

$

(22,191

)

$

272,086

 
Schedule of reconciliation of segment assets to consolidated assets

 

 

 

 

LED & Solar

 

Data Storage

 

Unallocated

 

Total

 

As of December 31, 2013

 

 

 

 

 

 

 

 

 

Goodwill

 

$

91,348

 

$

—

 

$

—

 

$

91,348

 

Total assets

 

$

359,464

 

$

37,910

 

$

550,595

 

$

947,969

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2012

 

 

 

 

 

 

 

 

 

Goodwill

 

$

55,828

 

$

—

 

$

—

 

$

55,828

 

Total assets

 

$

276,352

 

$

38,664

 

$

622,288

 

$

937,304

 
Schedule of other segment data

Other Segment Data (in thousands):

 

 

 

Year ended December 31,

 

 

 

2013

 

2012

 

2011

 

Depreciation and amortization expense:

 

 

 

 

 

 

 

LED & Solar

 

$

14,365

 

$

12,020

 

$

8,320

 

Data Storage

 

2,907

 

3,008

 

3,245

 

Unallocated

 

1,153

 

1,164

 

1,327

 

Total depreciation and amortization expense

 

$

18,425

 

$

16,192

 

$

12,892

 

Expenditures for long-lived assets:

 

 

 

 

 

 

 

LED & Solar

 

$

6,796

 

$

20,279

 

$

56,141

 

Data Storage

 

1,271

 

3,341

 

2,703

 

Unallocated

 

1,108

 

1,374

 

1,520

 

Total expenditures for long-lived assets

 

$

9,175

 

$

24,994

 

$

60,364