XML 39 R24.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Business Segments | 12 Months Ended
--- | ---
Sep. 30, 2017
Segment Reporting [Abstract] |
Business Segments | Business Segments Following our acquisition of BTU, an evaluation was conducted of our organizational structure. Beginning with the second quarter of fiscal 2015, we made changes to our reportable segments. Prior period amounts have been revised to conform to the current period segment reporting structure. Our three reportable segments are as follows: Solar - We are a leading supplier of thermal processing systems, including related automation, parts and services, to the solar/photovoltaic industry and also offer PECVD (plasma-enhanced chemical vapor deposition) equipment to the global solar market. Semiconductor - We design, manufacture, sell and service thermal processing equipment and related controls for use by leading semiconductor manufacturers, and in electronics, automotive and other industries. Polishing - We produce consumables and machinery for lapping (fine abrading) and polishing of materials, such as sapphire substrates, optical components, silicon wafers, numerous types of crystal materials, ceramics and metal components. Beginning in the second quarter of 2015, SoLayTec’s business is included in the results for the Solar segment, and BTU’s business is included in the results for the Semiconductor segment. See Note 12 “Acquisitions” for additional information with respect to our recent acquisitions. Information concerning our business segments is as follows:
| Years Ended September 30,
| 2017 |  | 2016 |  | 2015
| (dollars in thousands)
Net revenue: |  |  |  |  |
Solar* | $ | 87,031 |  |  | $ | 60,946 |  |  | $ | 56,689 |
Semiconductor | 67,237 |  |  | 50,637 |  |  | 37,250 |
Polishing | 10,248 |  |  | 8,725 |  |  | 10,944 |
| $ | 164,516 |  |  | $ | 120,308 |  |  | $ | 104,883 |
Operating income (loss): |  |  |  |  |
Solar* | $ | 6,060 |  |  | $ | (6,696 | ) |  | $ | (5,056 | )
Semiconductor | 9,538 |  |  | 3,904 |  |  | (1,268 | )
Polishing | 2,617 |  |  | 1,588 |  |  | 2,250 |
Non-segment related | (7,790 | ) |  | (6,704 | ) |  | (9,447 | )
| $ | 10,425 |  |  | $ | (7,908 | ) |  | $ | (13,521 | )
* The financial statement of business units included in the Solar segment include some sales of equipment and parts to the semiconductor, silicon wafer and MEMS industries, comprising less than 25% of the Solar segment revenue
| Years Ended September 30,
| 2017 |  | 2016 |  | 2015
| (dollars in thousands)
Capital expenditures: |  |  |  |  |
Solar | $ | 1,008 |  |  | $ | 235 |  |  | $ | 411 |
Semiconductor | 236 |  |  | 692 |  |  | 136 |
Polishing | 12 |  |  | 51 |  |  | 63 |
| $ | 1,256 |  |  | $ | 978 |  |  | $ | 610 |
Depreciation and amortization expense: |  |  |  |  |
Solar | $ | 1,544 |  |  | $ | 2,014 |  |  | $ | 2,940 |
Semiconductor | 876 |  |  | 870 |  |  | 318 |
Polishing | 73 |  |  | 90 |  |  | 99 |
| $ | 2,493 |  |  | $ | 2,974 |  |  | $ | 3,357 |
| September 30, 2017 |  | September 30, 2016
| (dollars in thousands)
Identifiable assets: |  |  |
Solar | $ | 97,999 |  |  | $ | 42,962 |
Semiconductor | 57,177 |  |  | 51,985 |
Polishing | 5,078 |  |  | 4,819 |
Non-segment related | 31,369 |  |  | 18,664 |
| $ | 191,623 |  |  | $ | 118,430 |
Geographic Regions We have operations in The Netherlands, United States, France and China. Revenues, operating income (loss) and identifiable assets by geographic region are as follows:
| Years Ended September 30,
| 2017 |  | 2016 |  | 2015
| (dollars in thousands)
Net revenue: |
The Netherlands | $ | 81,443 |  |  | $ | 52,189 |  |  | $ | 46,982 |
United States | 60,952 |  |  | 44,299 |  |  | 37,483 |
France | 5,588 |  |  | 8,758 |  |  | 8,387 |
China | 12,673 |  |  | 11,799 |  |  | 9,725 |
Other | 3,860 |  |  | 3,263 |  |  | 2,306 |
| $ | 164,516 |  |  | $ | 120,308 |  |  | $ | 104,883 |
Operating income (loss): |  |  |  |  |
The Netherlands | $ | 5,206 |  |  | $ | (7,773 | ) |  | $ | (9,069 | )
United States | 1,527 |  |  | (1,396 | ) |  | (5,541 | )
France | (1,000 | ) |  | (783 | ) |  | (330 | )
China | 3,647 |  |  | 1,530 |  |  | 986 |
Other | 1,045 |  |  | 514 |  |  | 433 |
| $ | 10,425 |  |  | $ | (7,908 | ) |  | $ | (13,521 | )
|  |  | As of September 30,
|  |  | 2017 |  | 2016
Net property, plant and equipment: |  |  |  |  |
The Netherlands |  |  | $ | 5,190 |  |  | $ | 4,996 |
United States |  |  | 9,924 |  |  | 10,171 |
France |  |  | 289 |  |  | 241 |
China |  |  | 389 |  |  | 552 |
|  |  | $ | 15,792 |  |  | $ | 15,960 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration