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Segment Reporting and Geographic Information
12 Months Ended
Dec. 31, 2023
Segment Reporting and Geographic Information  
Segment Reporting and Geographic Information

Note 16 — Segment Reporting and Geographic Information

The Company operates and measures its results in one operating segment and therefore has one reportable segment: the development, manufacture, sales, and support of semiconductor and thin film process equipment primarily sold to make electronic devices. The Company’s Chief Operating Decision Maker, the Chief Executive Officer, evaluates performance of the Company and makes decisions regarding the allocation of resources based on total Company results.

Sales by end-market is as follows:

For the year ended December 31,

    

    

2023

    

2022

    

2021

(in thousands)

Sales by end-market

Semiconductor

$

412,724

$

369,369

$

247,051

Compound Semiconductor

87,258

121,194

106,972

Data Storage

 

88,473

 

87,544

 

168,760

Scientific & Other

 

77,980

 

68,030

 

60,494

Total

$

666,435

$

646,137

$

583,277

The Company’s significant operations outside the United States include sales and service offices in China, Europe, and Rest of APAC. For geographic reporting, sales are attributed to the location in which the customer facility is located.

Sales and long-lived tangible assets by geographic region are as follows:

Net Sales to Unaffiliated Customers

Long-lived Tangible Assets

    

2023

    

2022

    

2021

    

2023

    

2022

    

2021

(in thousands)

United States

$

162,790

$

197,433

$

217,209

$

117,594

$

106,550

$

99,220

EMEA(1)

 

76,697

 

87,837

 

55,129

 

219

 

60

 

94

China

217,942

123,703

105,998

182

70

67

Rest of APAC

208,693

235,735

204,633

464

601

362

Rest of World

 

313

 

1,429

 

308

 

 

 

Total

$

666,435

$

646,137

$

583,277

$

118,459

$

107,281

$

99,743

(1)EMEA consists of Europe, the Middle East, and Africa