Quarterly report pursuant to Section 13 or 15(d)

Reportable Segment Information

v3.22.1
Reportable Segment Information
6 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Reportable Segment Information

10. Reportable Segment Information

 

Our two reportable segments are as follows:

 

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.

 

Material and Substrate 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.

 

Information concerning our reportable segments is as follows, in thousands:

 

 

 

Three Months Ended March 31,

 

 

Six Months Ended March 31,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Semiconductor

 

$

24,607

 

 

$

17,119

 

 

$

48,238

 

 

$

32,694

 

Material and Substrate

 

 

3,972

 

 

 

2,671

 

 

 

7,670

 

 

 

5,071

 

 

 

$

28,579

 

 

$

19,790

 

 

$

55,908

 

 

$

37,765

 

Operating income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Semiconductor

 

$

3,368

 

 

$

1,665

 

 

$

5,725

 

 

$

3,862

 

Material and Substrate

 

 

654

 

 

 

(253

)

 

 

835

 

 

 

(319

)

Non-segment related

 

 

(1,427

)

 

 

(1,241

)

 

 

(2,725

)

 

 

(2,318

)

 

 

$

2,595

 

 

$

171

 

 

$

3,835

 

 

$

1,225

 

 

 

 

March 31,
2022

 

 

September 30,
2021

 

Identifiable Assets:

 

 

 

 

 

 

Semiconductor

 

$

83,024

 

 

$

70,631

 

Material and Substrate

 

 

19,483

 

 

 

19,541

 

Non-segment related*

 

 

19,682

 

 

 

26,741

 

 

 

$

122,189

 

 

$

116,913

 

 

* Non-segment related assets include cash, property, and other assets.

 

Goodwill and other long-lived assets

 

We review our long-lived assets, including goodwill, for impairment at least annually in our fourth quarter or whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Additional information on impairment testing of long-lived assets, intangible assets and goodwill can be found in Notes 1 and 10 of our Annual Report on Form 10-K for the year ended September 30, 2021.