Newport 10-Q 6 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 27, 2014	Oct. 31, 2014
Document and Entity Information	'	'
Entity Registrant Name	'NEWPORT CORP	'
Entity Central Index Key	'0000225263	'
Document Type	'10-Q	'
Document Period End Date	27-Sep-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--01-03	'
Entity Well-known Seasoned Issuer	'No	'
Entity Voluntary Filers	'No	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	39,847,342
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

Consolidated_Statements_of_Inc

Consolidated Statements of Income and Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Consolidated Statements of Income and Comprehensive Income	'	'	'	'
Net sales	$146,299	$139,037	$446,421	$405,878
Cost of sales	80,334	79,306	245,109	233,778
Gross profit	65,965	59,731	201,312	172,100
Selling, general and administrative expenses	39,122	35,649	120,413	111,324
Research and development expense	14,082	13,129	42,538	39,807
Loss (gain) on sale of assets	'	4,517	-411	4,517
Operating income	12,761	6,436	38,772	16,452
Loss on extinguishment of debt	'	-3,355	'	-3,355
Interest and other expense, net	-958	-1,293	-2,592	-5,472
Income before income taxes	11,803	1,788	36,180	7,625
Income tax provision	2,330	1,199	9,769	1,697
Net income	9,473	589	26,411	5,928
Net income (loss) attributable to non-controlling interests	3	152	103	83
Net income attributable to Newport Corporation	9,470	437	26,308	5,845
Net income	9,473	589	26,411	5,928
Other comprehensive income:	'	'	'	'
Foreign currency translation gains (losses)	-7,203	2,995	-7,567	1,320
Unrecognized net pension gains (losses), net of tax	204	-67	306	161
Unrealized gains (losses) on marketable securities, net of tax	-155	22	-177	-126
Comprehensive income	2,319	3,539	18,973	7,283
Comprehensive income (loss) attributable to non-controlling interests	-5	154	110	8
Comprehensive income attributable to Newport Corporation	2,324	3,385	18,863	7,275
Comprehensive income	$2,319	$3,539	$18,973	$7,283
Net income per share attributable to Newport Corporation:	'	'	'	'
Basic (in dollars per share)	$0.24	$0.01	$0.66	$0.15
Diluted (in dollars per share)	$0.23	$0.01	$0.65	$0.15
Shares used in per share calculations:	'	'	'	'
Basic (in shares)	39,921	39,121	39,776	38,935
Diluted (in shares)	40,612	39,657	40,546	39,426

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$68,980	$53,710
Restricted cash	1,622	2,305
Marketable securities	300	8,219
Accounts receivable, net of allowance for doubtful accounts of $1,602 and $1,441 as of September 27, 2014 and December 28, 2013, respectively	98,722	96,388
Inventories	112,653	103,383
Deferred income taxes	22,381	22,437
Prepaid expenses and other current assets	16,228	14,769
Total current assets	320,886	301,211
Property and equipment, net	82,836	80,516
Goodwill	78,303	78,801
Deferred income taxes	4,236	4,474
Intangible assets, net	60,077	67,342
Investments and other assets	29,664	32,885
Total assets	576,002	565,229
Current liabilities:	'	'
Short-term borrowings	2,180	4,861
Accounts payable	33,957	31,714
Accrued payroll and related expenses	33,371	31,015
Accrued expenses and other current liabilities	34,038	35,341
Total current liabilities	103,546	102,931
Long-term debt	71,148	83,646
Pension liabilities	26,509	27,093
Deferred income taxes and other liabilities	20,366	23,182
Commitments and contingencies	'	'
Stockholders' equity:	'	'
Common stock, par value $0.1167 per share, 200,000,000 shares authorized; 39,819,550 and 39,394,196 shares issued and outstanding as of September 27, 2014 and December 28, 2013, respectively	4,650	4,598
Capital in excess of par value	467,891	459,562
Accumulated other comprehensive loss	-11,064	-3,619
Accumulated deficit	-107,265	-133,573
Total stockholders' equity of Newport Corporation	354,212	326,968
Non-controlling interests	221	1,409
Total stockholders' equity	354,433	328,377
Total Liabilities and Stockholders' equity	$576,002	$565,229

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, except Share data, unless otherwise specified
Consolidated Balance Sheets	'	'
Accounts receivable, allowance for doubtful accounts (in dollars)	$1,602	$1,441
Common stock, par value (in dollars per share)	$0.12	$0.12
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	39,819,550	39,394,196
Common stock, shares outstanding	39,819,550	39,394,196

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net income	$26,411	$5,928
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	22,271	23,079
Loss (gain) on sale of assets	-411	4,517
Provision for losses on inventories	4,429	5,610
Stock-based compensation expense	8,588	6,590
Provision for doubtful accounts	585	198
Loss on disposal of property and equipment	370	516
Loss on extinguishment of debt	'	3,355
Deferred income taxes	-929	16
Excess tax benefits from stock-based compensation	-4,403	'
Increase (decrease) in cash, net of divestiture, due to changes in:	'	'
Accounts receivable	-7,576	-6,987
Inventories	-20,183	-3,897
Prepaid expenses and other assets	27	-3,938
Accounts payable	3,763	329
Accrued payroll and related expenses	2,569	-1,123
Accrued expenses and other liabilities	4,447	5,760
Other long-term liabilities	-977	119
Net cash provided by operating activities	38,981	40,072
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Purchase of property and equipment	-17,993	-10,972
Restricted cash	600	-278
Proceeds from divestiture of business	5,030	'
Purchase of marketable securities	-1,414	-2,485
Proceeds from the sale or maturity of marketable securities	8,509	5,784
Net cash used in investing activities	-5,268	-7,951
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Proceeds from long-term debt	4,000	120,000
Debt issuance costs	'	-1,484
Repayment of long-term debt and obligations under capital leases	-20,200	-191,936
Proceeds from short-term borrowings	5,766	4,510
Repayment of short-term borrowings	-5,635	-7,642
Purchases of non-controlling interests	-1,863	'
Proceeds from the issuance of common stock under employee plans	4,156	4,482
Tax withholding payment related to net share settlement of equity awards	-2,940	-1,994
Purchases of the Company's common stock	-4,480	'
Excess tax benefits from stock-based compensation	4,403	'
Net cash used in financing activities	-16,793	-74,064
Impact of foreign exchange rate changes on cash balances	-1,650	504
Net increase in cash and cash equivalents	15,270	-41,439
Cash and cash equivalents at beginning of period	53,710	88,767
Cash and cash equivalents at end of period	68,980	47,328
Supplemental disclosures of cash flow information:	'	'
Cash paid during the period for interest	1,490	4,171
Cash paid during the period for income taxes, net	4,065	2,637
Property and equipment accrued in accounts payable	$123	$173

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 27, 2014
BASIS OF PRESENTATION	'
BASIS OF PRESENTATION	'
	NOTE 1BASIS OF PRESENTATION
	The accompanying unaudited consolidated financial statements include the accounts of Newport Corporation and its subsidiaries (collectively referred to as the Company) and have been prepared in accordance with accounting principles generally accepted in the United States of America for interim financial information and with the instructions of Form 10-Q and Rule 10-01 of Regulation S-X.  In the opinion of management, all adjustments (consisting of normal and recurring accruals) considered necessary for a fair presentation have been included.  All intercompany transactions and balances have been eliminated in consolidation.
	The accompanying unaudited consolidated financial statements do not include certain footnotes and financial presentations normally required under generally accepted accounting principles (GAAP) and, therefore, should be read in conjunction with the consolidated financial statements and related notes contained in the Company’s Annual Report on Form 10-K for the year ended December 28, 2013.  The results for the interim periods are not necessarily indicative of the results the Company will have for the full year ending January 3, 2015.  The December 28, 2013 balances reported herein are derived from the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 28, 2013.
	Non-Controlling Interests
	During the first quarter of 2014, the Company purchased all shares owned by the holders of the non-controlling interests in its Optical Metrology Ltd. subsidiary for $0.9 million.
	During the second quarter of 2014, the Company purchased all shares owned by the holder of the non-controlling interest in its Ophir Japan Ltd. subsidiary for $0.9 million.

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	9 Months Ended
	Sep. 27, 2014
RECENT ACCOUNTING PRONOUNCEMENTS	'
RECENT ACCOUNTING PRONOUNCEMENTS	'
	NOTE 2RECENT ACCOUNTING PRONOUNCEMENTS
	In April 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-08, Presentation of Financial Statements and Property, Plant and Equipment: Reporting Discontinued Operations and Disclosures of Disposal of Components of an Entity, which updates the guidance in Topics 205 and 360.  ASU No. 2014-08 requires that the disposal of a component of an entity or a group of components of an entity be reported in discontinued operations if the disposal represents a strategic shift that has or will have a major effect on the entity’s operations and financial results.  ASU No. 2014-08 also requires additional disclosures regarding discontinued operations.  ASU No. 2014-08 is required to be applied prospectively for fiscal years and interim periods beginning after December 15, 2014.  The adoption of ASU No. 2014-08 is not expected to have a material impact on the Company’s financial position or results of operations.
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, which created Topic 606.  ASU No. 2014-09 establishes a core principle that a company should recognize revenue to depict the transfer of promised goods or services to a customer in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services.  In order to achieve that core principle, companies are required to apply the following steps: (1) identify the contract with the customer; (2) identify performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract; and (5) recognize revenue when (or as) the company satisfies a performance obligation.  ASU No. 2014-09 will become effective for interim and annual periods beginning after December 15, 2016 and can be applied either (i) retrospectively to each prior reporting period, or (ii) retrospectively with the cumulative effect of initial application recognized on the date of adoption.  Early adoption is not permitted.  The Company is currently evaluating the expected impact of ASU No. 2014-09 on its financial position and results of operations.
	In August 2014, the FASB issued ASU No. 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern, which provides guidance on management’s responsibility in evaluating whether there is substantial doubt about a company’s ability to continue as a going concern and to provide related footnote disclosures.  ASU No. 2014-15 will become effective for annual periods beginning after December 15, 2016 and early adoption is permitted.  The adoption of ASU No. 2014-15 will not have an impact on the Company’s financial position or results of operations.

ACQUISITION_AND_DIVESTITURE

ACQUISITION AND DIVESTITURE	9 Months Ended
	Sep. 27, 2014
ACQUISITION AND DIVESTITURE	'
ACQUISITION AND DIVESTITURE	'
	NOTE 3ACQUISITION AND DIVESTITURE
	During the third quarter of 2013, the Company developed a plan to sell its advanced packaging systems business and, based on negotiations for the sale of this business that occurred during the second half of 2013, the Company considered the assets and liabilities of this business as held for sale as of December 28, 2013.  The Company completed the sale of this business in January 2014 for $5.7 million, consisting of an initial purchase price of $6.0 million, less an adjustment of $0.3 million based on the net assets of the business at closing.  The initial purchase price consisted of $5.35 million in cash and an unsecured note receivable of $0.65 million, and the net asset adjustment was repaid to the purchaser in cash.  The Company incurred $0.4 million in transaction costs.  The net book value of this business was $9.5 million as of December 28, 2013; however, because these assets were held for sale at such time, the Company wrote them down to their net realizable value as of December 28, 2013 based on the terms that had been negotiated with the purchaser and expected transaction costs, resulting in a loss of $4.7 million during 2013.  During the first quarter of 2014, the Company recognized a gain of $0.4 million to reduce the loss on the sale to $4.3 million, based on the final terms of the transaction and the net assets of the business on the closing date.  The net sales, operating income and cash flows of this business were not significant to the operations of the Company.
	In July 2014, the Company entered into an agreement to acquire all of the capital stock of V-Gen Ltd. (V-Gen), and the transaction subsequently closed in the Company’s fourth quarter, on September 29, 2014.   The final purchase price of $36.6 million was paid in cash and consisted of an initial purchase price of $34.0 million, plus an adjustment of $2.6 million based on a calculation of V-Gen’s net working capital and cash balances at the closing date.  The Company incurred $0.3 million in transaction costs, which have been expensed as incurred and are included in selling, general and administrative expenses in the accompanying statements of operations and comprehensive income.  V-Gen enhances the Company’s fiber laser products and technology and is included in the Company’s Lasers Group as of September 29, 2014.  The Company has not disclosed the fair value of assets and liabilities acquired or supplemental pro forma financial information for this acquisition, as the initial accounting for this transaction has not been completed.

MARKETABLE_SECURITIES

MARKETABLE SECURITIES	9 Months Ended
	Sep. 27, 2014
MARKETABLE SECURITIES	'
MARKETABLE SECURITIES	'
	NOTE 4MARKETABLE SECURITIES
	All marketable securities of the Company were classified as available for sale and were recorded at market value using the specific identification method, and unrealized gains and losses are reflected in accumulated other comprehensive loss in the accompanying consolidated balance sheets.  The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at September 27, 2014 were as follows:
	(In thousands)	Aggregate		Aggregate Amount of
				Unrealized
		Fair Value		Gains		Losses
	Money market funds	$	7	$	-	$	-
	Certificates of deposit	293		-		-
		$	300	$	-	$	-
	The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at December 28, 2013 were as follows:
	(In thousands)	Aggregate		Aggregate Amount of
				Unrealized
		Fair Value		Gains		Losses
	Money market funds	$	8,052	$	85	$	-
	Certificates of deposit	167		-		-
		$	8,219	$	85	$	-
	The Company’s certificates of deposit mature within one year.  Money market funds do not have a maturity date.
	The gross realized gains and losses were as follows:
		Three Months Ended				Nine Months Ended
	(In thousands)	September 27,		September 28,		September 27,		September 28,
		2014		2013		2014		2013
	Gross realized gains	$	134	$	-	$	134	$	-
	Gross realized losses	-		-		-		-
		$	134	$	-	$	134	$	-

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	9 Months Ended
	Sep. 27, 2014
FAIR VALUE MEASUREMENTS	'
FAIR VALUE MEASUREMENTS	'
	NOTE 5FAIR VALUE MEASUREMENTS
	Accounting Standards Codification (ASC) 820-10, Fair Value Measurements and Disclosures, requires that for any assets and liabilities stated at fair value on a recurring basis in the Company’s financial statements, the fair value of such assets and liabilities be measured based on the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.  Level 1 asset and liability values are derived from quoted prices in active markets for identical assets and liabilities and Level 2 asset and liability values are derived from quoted prices in inactive markets or based on other observable inputs.
	The Company’s assets and liabilities measured at fair value on a recurring basis are categorized in the table below based upon their level within the fair value hierarchy as of September 27, 2014.
	(In thousands)			Fair Value Measurements at Reporting Date Using
	Description	September 27, 2014		Quoted Prices in		Significant Other		Significant
				Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs
				(Level 1)				(Level 3)
	Assets:
	Restricted Cash	$	1,622	$	1,622	$	-	$	-
	Marketable securities:
	Money market funds	7		7		-		-
	Certificates of deposit	293		-		293		-
		300		7		293		-
	Derivative assets:
	Option contracts	38		-		38		-
	Funds in investments and other assets:
	Israeli pension funds	11,430		-		11,430		-
	Group insurance contracts	6,509		-		6,509		-
		17,939		-		17,939		-
		$	19,899	$	1,629	$	18,270	$	-
	Liabilities:
	Derivative liabilities:
	Option contracts	-14		-		-14		-
	Forward contracts	-298		-		-298		-
		$	-312	$	-	$	-312	$	-
	The Company’s assets and liabilities measured at fair value on a recurring basis are categorized in the table below based upon their level within the fair value hierarchy as of December 28, 2013.
	(In thousands)			Fair Value Measurements at Reporting Date Using
	Description	December 28, 2013		Quoted Prices in		Significant Other		Significant
				Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs
				(Level 1)				(Level 3)
	Assets:
	Restricted Cash	$	2,305	$	2,305	$	-	$	-
	Marketable securities:
	Money market funds	8,052		8,052		-		-
	Certificates of deposit	167		-		167		-
		8,219		8,052		167		-
	Derivative assets:
	Option contracts	269		-		269		-
	Funds in investments and other assets:
	Israeli pension funds	11,489		-		11,489
	Group insurance contracts	6,895		-		6,895		-
		18,384		-		18,384		-
		$	29,177	$	10,357	$	18,820	$	-
	Liabilities:
	Derivative liabilities:
	Option contracts	$	10	$	-	$	10	$	-
	The Company’s other financial instruments include short-term borrowings and long-term debt.  The fair value of these financial instruments was estimated based on current rates for similar issues or on the current rates offered to the Company for debt of similar remaining maturities.  The estimated fair values of these financial instruments were as follows:
		September 27, 2014				December 28, 2013
	(In thousands)	Carrying				Carrying
		Amount		Fair Value		Amount		Fair Value
	Short-term borrowings	$	2,180	$	2,176	$	4,861	$	4,851
	Long-term debt	$	71,148	$	69,536	$	83,646	$	82,658

SUPPLEMENTAL_BALANCE_SHEET_INF

SUPPLEMENTAL BALANCE SHEET INFORMATION	9 Months Ended
	Sep. 27, 2014
SUPPLEMENTAL BALANCE SHEET INFORMATION	'
SUPPLEMENTAL BALANCE SHEET INFORMATION	'
	NOTE 6SUPPLEMENTAL BALANCE SHEET INFORMATION
	Inventories
	Inventories that are expected to be sold within one year are classified as current inventories and are included in inventories in the accompanying consolidated balance sheets.  Such inventories were as follows:
	(In thousands)	September 27,		December 28,
		2014		2013
	Raw materials and purchased parts	$	66,635	$	61,819
	Work in process	19,176		19,577
	Finished goods	26,842		21,987
	Short-term inventories	$	112,653	$	103,383
	Inventories that are not expected to be sold within one year are classified as long-term inventories and are included in investments and other assets in the accompanying consolidated balance sheets.  Such inventories were as follows:
	(In thousands)	September 27,		December 28,
		2014		2013
	Raw materials and purchased parts	$	2,057	$	1,850
	Finished goods	3,198		4,489
	Long-term inventories	$	5,255	$	6,339
	Accrued Warranty Obligations
	Unless otherwise stated in the Company’s product literature or in its agreements with customers, products sold by the Company’s Photonics and Optics Groups generally carry a one-year warranty from the original invoice date on all product materials and workmanship, other than filters and gratings products, which generally carry a 90-day warranty, and laser beam profilers and dental CAD/CAM scanners, which generally carry a two-year warranty.  Products sold by the Photonics and Optics Groups to original equipment manufacturer (OEM) customers carry warranties generally ranging from 15 to 19 months.  Products sold by the Company’s Lasers Group carry warranties that vary by product and product component, but generally range from 90 days to two years.  In certain cases, such warranties for Lasers Group products are limited by either a set time period or a maximum amount of hourly usage of the product, whichever occurs first.  Defective products will be either repaired or replaced, generally at the Company’s option, upon meeting certain criteria.  The Company accrues a provision for the estimated costs that may be incurred for warranties relating to a product (based on historical experience) as a component of cost of sales.  Short-term accrued warranty obligations, which expire within one year, are included in accrued expenses and other current liabilities and long-term warranty obligations are included in deferred income taxes and other liabilities in the accompanying consolidated balance sheets.
	The activity in accrued warranty obligations was as follows:
		Nine Months Ended
	(In thousands)	September 27,		September 28,
		2014		2013
	Balance at beginning of year	$	3,285	$	3,528
	Additions charged to cost of sales	2,134		1,817
	Warranty claims	-2,487		-2,112
	Balance at end of period	$	2,932	$	3,233
	Accrued Expenses and Other Current Liabilities
	Accrued expenses and other current liabilities were as follows:
	(In thousands)	September 27,		December 28,
		2014		2013
	Deferred revenue	$	13,059	$	13,609
	Deferred lease liability	5,165		5,448
	Accrued and deferred taxes	4,144		3,130
	Short-term accrued warranty obligations	2,760		3,093
	Other	8,910		10,061
		$	34,038	$	35,341
	Accumulated Other Comprehensive Loss
	Accumulated other comprehensive loss consisted of the following:
	(In thousands)	September 27,		December 28,
		2014		2013
	Cumulative foreign currency translation losses	$	-9,870	$	-2,296
	Unrecognized net pension losses, net of tax	-2,093		-2,399
	Unrealized gains on marketable securities, net of tax	899		1,076
		$	-11,064	$	-3,619

INTANGIBLE_ASSETS

INTANGIBLE ASSETS	9 Months Ended
	Sep. 27, 2014
INTANGIBLE ASSETS	'
INTANGIBLE ASSETS	'
	NOTE 7INTANGIBLE ASSETS
	Intangible assets were as follows:
	(In thousands)	September 27,		December 28,
		2014		2013
	Intangible assets subject to amortization:
	Developed technology, net of accumulated amortization of $16,143 and $14,079 as of September 27, 2014 and December 28, 2013, respectively	$	24,227	$	26,805
	Customer relationships, net of accumulated amortization of $36,327 and $32,614 as of September 27, 2014 and December 28, 2013, respectively	9,971		13,795
	In-process research and development, net of accumulated amortization of $1,310 and $759 as of September 27, 2014 and December 28, 2013, respectively	6,576		7,162
	Other, net of accumulated amortization of $6,334 and $6,324 as of September 27, 2014 and December 28, 2013, respectively	998		1,275
		41,772		49,037
	Intangible assets not subject to amortization:
	Trademarks and trade names	18,305		18,305
	Intangible assets, net	$	60,077	$	67,342
	Developed technology is amortized on a straight line basis over 10 to 20 years, depending on the life of the product technology.  Intangible assets related to customer relationships are generally amortized over a period of up to 10 years on an accelerated basis.  In-process research and development is amortized on a straight line basis over the product’s estimated useful life upon completion of the technology.  Other intangible assets include acquired backlog, product trademarks and trade names, non-competition agreements and defensible assets.  With the exception of product trademarks and trade names, such assets are amortized on a straight line basis over a period of three months to 10 years, depending on the asset.  Trademarks and trade names associated with products are amortized on a straight line basis over the estimated remaining life of the product technology, which ranges from 10 to 20 years.  Trademarks and trade names associated with a business have indefinite lives and are not amortized.
	Amortization expense related to intangible assets totaled $1.9 million and $6.8 million for the three and nine months ended September 27, 2014, respectively, and $2.6 million and $7.7 million for the three and nine months ended September 28, 2013, respectively.
	Estimated aggregate amortization expense for future fiscal years is as follows:
	(In thousands)	Estimated
		Aggregate
		Amortization
		Expense
	2014 (remaining)	$	1,755
	2015	6,857
	2016	6,484
	2017	5,521
	2018	3,396
	Thereafter	17,355
		$	41,368
	The Company has excluded $0.4 million of estimated amortization expense related to certain in-process research and development from the table above, as it was uncertain as of September 27, 2014 when the technology will be completed and when the amortization will begin.

INTEREST_AND_OTHER_EXPENSE_NET

INTEREST AND OTHER EXPENSE, NET	9 Months Ended
	Sep. 27, 2014
INTEREST AND OTHER EXPENSE, NET	'
INTEREST AND OTHER EXPENSE, NET	'
	NOTE 8INTEREST AND OTHER EXPENSE, NET
	Interest and other expense, net, was as follows:
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Interest expense	$	-522	$	-1,087	$	-1,779	$	-4,670
	Interest and dividend income	129		46		252		151
	Derivative gain (loss)	-372		167		-248		541
	Bank and portfolio asset management fees	-293		-245		-819		-631
	Other income (expense), net	100		-174		2		-863
		$	-958	$	-1,293	$	-2,592	$	-5,472

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	9 Months Ended
	Sep. 27, 2014
STOCK-BASED COMPENSATION	'
STOCK-BASED COMPENSATION	'
	NOTE 9STOCK-BASED COMPENSATION
	During the nine months ended September 27, 2014, the Company granted 0.6 million restricted stock units and 0.6 million stock-settled stock appreciation rights with weighted average grant date fair values of $18.31 and $7.85, respectively.
	The total stock-based compensation expense included in the Company’s consolidated statements of income and comprehensive income was as follows:
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Cost of sales	$	271	$	233	$	762	$	686
	Selling, general and administrative expenses	2,508		1,921		6,809		5,114
	Research and development expense	362		291		1,017		790
		$	3,141	$	2,445	$	8,588	$	6,590
	At September 27, 2014, the total compensation cost related to unvested stock-based awards granted to employees, officers and directors under the Company’s stock-based benefit plans that had not yet been recognized was $22.4 million, net of estimated forfeitures.  This future compensation expense will be amortized over a weighted-average period of 2.1 years using the straight-line attribution method.  The actual compensation expense that the Company will recognize in the future related to unvested stock-based awards outstanding at September 27, 2014 will be adjusted for actual forfeitures and will be adjusted based on the Company’s determination as to the extent to which performance conditions applicable to any stock-based awards have been or will be achieved.
	At September 27, 2014, 0.2 million stock options with a weighted-average exercise price of $13.64 per share, intrinsic value of $0.6 million and remaining contractual term of 0.6 years were outstanding and were exercisable.  At September 27, 2014, 2.3 million stock-settled stock appreciation rights with a weighted-average base value of $13.94 per share, intrinsic value of $8.6 million and remaining contractual term of 4.6 years were outstanding, of which 1.2 million stock-settled stock appreciation rights with a weighted-average base value of $11.54 per share, intrinsic value of $7.0 million and remaining contractual term of 3.2 years were exercisable.

DEBT_AND_LINES_OF_CREDIT

DEBT AND LINES OF CREDIT	9 Months Ended
	Sep. 27, 2014
DEBT AND LINES OF CREDIT	'
DEBT AND LINES OF CREDIT	'
	NOTE 10DEBT AND LINES OF CREDIT
	Total short-term debt was as follows:
	(In thousands)	September 27,		December 28,
		2014		2013
	Japanese revolving lines of credit	$	640	$	666
	Japanese receivables financing facilities	715		615
	Current portion of long-term debt	825		3,580
	Total short-term borrowings	$	2,180	$	4,861
	Total long-term debt was as follows:
	(In thousands)	September 27,		December 28,
		2014		2013
	U.S. revolving line of credit expiring July 2018	$	71,000	$	83,000
	Israeli loans due through October 2015	973		2,110
	Japanese private placement bonds	-		1,902
	Japanese loans	-		214
	Total long-term debt	71,973		87,226
	Current portion of long-term debt	825		3,580
	Total long-term debt, less current portion	$	71,148	$	83,646

NET_INCOME_PER_SHARE

NET INCOME PER SHARE	9 Months Ended
	Sep. 27, 2014
NET INCOME PER SHARE	'
NET INCOME PER SHARE	'
	NOTE 11NET INCOME PER SHARE
	The following table sets forth the computation of basic and diluted net income per share:
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands, except per share data)	2014		2013		2014		2013
	Net income attributable to Newport Corporation	$	9,470	$	437	$	26,308	$	5,845
	Shares:
	Weighted average shares outstanding - basic	39,921		39,121		39,776		38,935
	Dilutive potential common shares, using treasury stock method	691		536		770		491
	Weighted average shares outstanding - diluted	40,612		39,657		40,546		39,426
	Net income per share attributable to Newport Corporation:
	Basic	$	0.24	$	0.01	$	0.66	$	0.15
	Diluted	$	0.23	$	0.01	$	0.65	$	0.15
	For the three and nine months ended September 27, 2014, 0.7 million stock appreciation rights, and for the three and nine months ended September 28, 2013, an aggregate of 1.5 million stock options and stock appreciation rights, were excluded from the computations of diluted net income per share, as their inclusion would have been antidilutive.  For the three and nine months ended September 28, 2013, eight thousand restricted stock units were excluded from the computations of diluted net income per share, as the amount of unrecognized future compensation expense associated with these restricted stock units would have resulted in assumed proceeds in excess of the amount required to repurchase the underlying shares under the treasury stock method and, therefore, their inclusion would have been antidilutive.  For the three and nine months ended September 27, 2014, 0.6 million performance-based restricted stock units, and for the three and nine months ended September 28, 2013, an additional 0.7 million performance-based restricted stock units, were excluded from the computations of diluted net income per share, as the performance criteria for their vesting had not been met as of the end of such periods.

INCOME_TAXES

INCOME TAXES	9 Months Ended
	Sep. 27, 2014
INCOME TAXES	'
INCOME TAXES	'
	NOTE 12INCOME TAXES
	Income tax expense for the three and nine months ended September 27, 2014 and September 28, 2013 consisted of a provision for federal, state and foreign taxes based on the annual estimated effective tax rate applicable to the Company, adjusted for items which are considered discrete to a particular period.  The effective tax rates for the three and nine months ended September 27, 2014 were 19.7% and 27.0%, respectively, and the effective tax rates for the three and nine months ended September 28, 2013 were 67.1% and 22.3%, respectively.
	The effective tax rates for the current year periods are lower than the U.S. statutory rate of 35% due primarily to the favorable impact of an Extraterritorial Income exclusion benefit and a reduction of the corresponding uncertain tax position, which were recorded as discrete items during the third quarter of 2014, as well as the benefit of income recorded in foreign jurisdictions that have tax rates that are lower than U.S. tax rates.

STOCKHOLDERS_EQUITY_TRANSACTIO

STOCKHOLDERS' EQUITY TRANSACTIONS	9 Months Ended
	Sep. 27, 2014
STOCKHOLDERS' EQUITY TRANSACTIONS	'
STOCKHOLDERS' EQUITY TRANSACTIONS	'
	NOTE 13STOCKHOLDERS’ EQUITY TRANSACTIONS
	In May 2008, the Board of Directors of the Company approved a share repurchase program, authorizing the purchase of up to 4.0 million shares of the Company’s common stock.  During the nine months ended September 27, 2014, the Company repurchased 0.2 million shares for a total of $4.5 million under this program.  As of September 27, 2014, 3.6 million shares remained available for purchase under the program.
	During the nine months ended September 27, 2014, the Company cancelled 0.1 million restricted stock units in payment by employees of taxes owed upon the vesting of restricted stock units issued to them under the Company’s stock incentive plans.  The value of these restricted stock units totaled $2.9 million at the time they were cancelled.

DEFINED_BENEFIT_PENSION_PLANS

DEFINED BENEFIT PENSION PLANS	9 Months Ended
	Sep. 27, 2014
DEFINED BENEFIT PENSION PLANS	'
DEFINED BENEFIT PENSION PLANS	'
	NOTE 14DEFINED BENEFIT PENSION PLANS
	The Company has defined benefit pension plans covering substantially all full-time employees in France, Germany, Israel and Japan. In addition, the Company has certain pension liabilities relating to former employees of the Company in the United Kingdom.  The German plan is unfunded, as permitted under the plan and applicable laws.  For financial reporting purposes, the calculation of net periodic pension costs is based upon a number of actuarial assumptions, including a discount rate for plan obligations, an assumed rate of return on pension plan assets and an assumed rate of compensation increase for employees covered by the plan.  All of these assumptions are based upon management’s judgment, considering all known trends and uncertainties.  Actual results that differ from these assumptions would impact future expense recognition and the cash funding requirements of the Company’s pension plans.
	Net periodic benefit costs for the plans in aggregate included the following components:
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Service cost	$	482	$	687	$	1,740	$	2,108
	Interest cost on benefit obligations	198		162		514		486
	Expected return on plan assets	-70		-51		-211		-154
	Amortization of net loss	44		62		134		187
		$	654	$	860	$	2,177	$	2,627

BUSINESS_SEGMENT_INFORMATION

BUSINESS SEGMENT INFORMATION	9 Months Ended
	Sep. 27, 2014
BUSINESS SEGMENT INFORMATION	'
BUSINESS SEGMENT INFORMATION	'
	NOTE 15BUSINESS SEGMENT INFORMATION
	The operating segments reported below are the segments of the Company for which separate financial information is available and for which operating results are evaluated regularly by the Chief Executive Officer, who is the chief operating decision maker, in deciding how to allocate resources and in assessing performance.  The Company develops, manufactures and markets its products within three distinct business segments: its Photonics Group, its Lasers Group and its Optics Group.
	The Company measured income reported for each operating segment, which included only those costs that were directly attributable to the operations of that segment, and excluded unallocated operating expenses, such as corporate overhead and intangible asset amortization, certain gains and losses, interest and other expense, net, and income taxes.
	(In thousands)	Photonics		Lasers		Optics		Total
	Three months ended September 27, 2014:
	Sales to external customers	$	59,757	$	44,228	$	42,314	$	146,299
	Segment income	$	12,255	$	6,423	$	4,949	$	23,627
	Three months ended September 28, 2013:
	Sales to external customers	$	57,508	$	38,923	$	42,606	$	139,037
	Segment income	$	13,213	$	3,432	$	4,421	$	21,066
	Nine months ended September 27, 2014:
	Sales to external customers	$	182,693	$	137,815	$	125,913	$	446,421
	Segment income	$	40,201	$	18,151	$	14,494	$	72,846
	Nine months ended September 28, 2013:
	Sales to external customers	$	171,324	$	117,231	$	117,323	$	405,878
	Segment income	$	36,546	$	10,790	$	6,996	$	54,332
	The following table reconciles segment income to consolidated income before income taxes:
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Segment income	$	23,627	$	21,066	$	72,846	$	54,332
	Unallocated operating expenses	-10,866		-10,113		-34,485		-33,363
	(Loss) gain on sale of assets	-		-4,517		411		-4,517
	Loss on extinguishment of debt	-		-3,355				-3,355
	Interest and other expense, net	-958		-1,293		-2,592		-5,472
		$	11,803	$	1,788	$	36,180	$	7,625

MARKETABLE_SECURITIES_Tables

MARKETABLE SECURITIES (Tables)	9 Months Ended
	Sep. 27, 2014
MARKETABLE SECURITIES	'
Schedule of aggregate fair value of available for sale securities and aggregate amount of unrealized gains and losses	'
	The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at September 27, 2014 were as follows:
	(In thousands)	Aggregate		Aggregate Amount of
				Unrealized
		Fair Value		Gains		Losses
	Money market funds	$	7	$	-	$	-
	Certificates of deposit	293		-		-
		$	300	$	-	$	-
	The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at December 28, 2013 were as follows:
	(In thousands)	Aggregate		Aggregate Amount of
				Unrealized
		Fair Value		Gains		Losses
	Money market funds	$	8,052	$	85	$	-
	Certificates of deposit	167		-		-
		$	8,219	$	85	$	-
Schedule of gross realized gains and losses on sales of available for sale securities	'
		Three Months Ended				Nine Months Ended
	(In thousands)	September 27,		September 28,		September 27,		September 28,
		2014		2013		2014		2013
	Gross realized gains	$	134	$	-	$	134	$	-
	Gross realized losses	-		-		-		-
		$	134	$	-	$	134	$	-

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	9 Months Ended
	Sep. 27, 2014
FAIR VALUE MEASUREMENTS	'
Summary of the Company's assets and liabilities measured at fair value on a recurring basis	'
	(In thousands)							Fair Value Measurements at Reporting Date Using
	Description		September 27, 2014					Quoted Prices in				Significant Other			Significant
								Active Markets for				Observable Inputs			Unobservable
								Identical Assets				(Level 2)			Inputs
								(Level 1)							(Level 3)
	Assets:
	Restricted Cash		$		1,622			$		1,622		$	-		$			-
	Marketable securities:
	Money market funds		7					7				-			-
	Certificates of deposit		293					-				293			-
			300					7				293			-
	Derivative assets:
	Option contracts		38					-				38			-
	Funds in investments and other assets:
	Israeli pension funds		11,430					-				11,430			-
	Group insurance contracts		6,509					-				6,509			-
			17,939					-				17,939			-
			$		19,899			$		1,629		$	18,270		$			-
	Liabilities:
	Derivative liabilities:
	Option contracts		-14					-				-14			-
	Forward contracts		-298					-				-298			-
			$		-312			$		-		$	-312		$			-
									Fair Value Measurements at Reporting Date Using
	(In thousands)
	Description			December 28, 2013					Quoted Prices in			Significant Other				Significant
									Active Markets for			Observable Inputs				Unobservable
									Identical Assets			(Level 2)				Inputs
									(Level 1)							(Level 3)
	Assets:
	Restricted Cash			$		2,305			$		2,305	$		-		$	-
	Marketable securities:
	Money market funds			8,052					8,052			-				-
	Certificates of deposit			167					-			167				-
				8,219					8,052			167				-
	Derivative assets:
	Option contracts			269					-			269				-
	Funds in investments and other assets:
	Israeli pension funds			11,489					-			11,489
	Group insurance contracts			6,895					-			6,895				-
				18,384					-			18,384				-
				$		29,177			$		10,357	$		18,820		$	-
	Liabilities:
	Derivative liabilities:
	Option contracts			$		10			$		-	$		10		$	-
Summary of carrying amount and estimated fair values of financial instruments	'
		September 27, 2014					December 28, 2013
	(In thousands)	Carrying					Carrying
		Amount			Fair Value		Amount			Fair Value
	Short-term borrowings	$	2,180		$	2,176	$	4,861		$	4,851
	Long-term debt	$	71,148		$	69,536	$	83,646		$	82,658

SUPPLEMENTAL_BALANCE_SHEET_INF1

SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)	9 Months Ended
	Sep. 27, 2014
SUPPLEMENTAL BALANCE SHEET INFORMATION	'
Schedule of inventories	'
	(In thousands)	September 27,		December 28,
		2014		2013
	Raw materials and purchased parts	$	66,635	$	61,819
	Work in process	19,176		19,577
	Finished goods	26,842		21,987
	Short-term inventories	$	112,653	$	103,383
Schedule of long-term inventories	'
	(In thousands)	September 27,		December 28,
		2014		2013
	Raw materials and purchased parts	$	2,057	$	1,850
	Finished goods	3,198		4,489
	Long-term inventories	$	5,255	$	6,339
Schedule of activity in accrued warranty obligations	'
		Nine Months Ended
	(In thousands)	September 27,		September 28,
		2014		2013
	Balance at beginning of year	$	3,285	$	3,528
	Additions charged to cost of sales	2,134		1,817
	Warranty claims	-2,487		-2,112
	Balance at end of period	$	2,932	$	3,233
Schedule of accrued expenses and other current liabilities	'
	(In thousands)	September 27,		December 28,
		2014		2013
	Deferred revenue	$	13,059	$	13,609
	Deferred lease liability	5,165		5,448
	Accrued and deferred taxes	4,144		3,130
	Short-term accrued warranty obligations	2,760		3,093
	Other	8,910		10,061
		$	34,038	$	35,341
Schedule of accumulated other comprehensive loss	'
	(In thousands)	September 27,		December 28,
		2014		2013
	Cumulative foreign currency translation losses	$	-9,870	$	-2,296
	Unrecognized net pension losses, net of tax	-2,093		-2,399
	Unrealized gains on marketable securities, net of tax	899		1,076
		$	-11,064	$	-3,619

INTANGIBLE_ASSETS_Tables

INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 27, 2014
INTANGIBLE ASSETS	'
Schedule of intangible assets, excluding goodwill	'
	(In thousands)	September 27,		December 28,
		2014		2013
	Intangible assets subject to amortization:
	Developed technology, net of accumulated amortization of $16,143 and $14,079 as of September 27, 2014 and December 28, 2013, respectively	$	24,227	$	26,805
	Customer relationships, net of accumulated amortization of $36,327 and $32,614 as of September 27, 2014 and December 28, 2013, respectively	9,971		13,795
	In-process research and development, net of accumulated amortization of $1,310 and $759 as of September 27, 2014 and December 28, 2013, respectively	6,576		7,162
	Other, net of accumulated amortization of $6,334 and $6,324 as of September 27, 2014 and December 28, 2013, respectively	998		1,275
		41,772		49,037
	Intangible assets not subject to amortization:
	Trademarks and trade names	18,305		18,305
	Intangible assets, net	$	60,077	$	67,342
Schedule of estimated aggregate amortization expense for future fiscal years	'
	(In thousands)	Estimated
		Aggregate
		Amortization
		Expense
	2014 (remaining)	$	1,755
	2015	6,857
	2016	6,484
	2017	5,521
	2018	3,396
	Thereafter	17,355
		$	41,368

INTEREST_AND_OTHER_EXPENSE_NET1

INTEREST AND OTHER EXPENSE, NET (Tables)	9 Months Ended
	Sep. 27, 2014
INTEREST AND OTHER EXPENSE, NET	'
Interest and other expense, net	'
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Interest expense	$	-522	$	-1,087	$	-1,779	$	-4,670
	Interest and dividend income	129		46		252		151
	Derivative gain (loss)	-372		167		-248		541
	Bank and portfolio asset management fees	-293		-245		-819		-631
	Other income (expense), net	100		-174		2		-863
		$	-958	$	-1,293	$	-2,592	$	-5,472

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 27, 2014
STOCK-BASED COMPENSATION	'
Schedule of total stock-based compensation expense included in the Company's consolidated statements of income and comprehensive income	'
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Cost of sales	$	271	$	233	$	762	$	686
	Selling, general and administrative expenses	2,508		1,921		6,809		5,114
	Research and development expense	362		291		1,017		790
		$	3,141	$	2,445	$	8,588	$	6,590

DEBT_AND_LINES_OF_CREDIT_Table

DEBT AND LINES OF CREDIT (Tables)	9 Months Ended
	Sep. 27, 2014
DEBT AND LINES OF CREDIT	'
Schedule of short-term debt	'
	(In thousands)	September 27,		December 28,
		2014		2013
	Japanese revolving lines of credit	$	640	$	666
	Japanese receivables financing facilities	715		615
	Current portion of long-term debt	825		3,580
	Total short-term borrowings	$	2,180	$	4,861
Schedule of long-term debt	'
	(In thousands)	September 27,		December 28,
		2014		2013
	U.S. revolving line of credit expiring July 2018	$	71,000	$	83,000
	Israeli loans due through October 2015	973		2,110
	Japanese private placement bonds	-		1,902
	Japanese loans	-		214
	Total long-term debt	71,973		87,226
	Current portion of long-term debt	825		3,580
	Total long-term debt, less current portion	$	71,148	$	83,646

NET_INCOME_PER_SHARE_Tables

NET INCOME PER SHARE (Tables)	9 Months Ended
	Sep. 27, 2014
NET INCOME PER SHARE	'
Schedule of basic and diluted net income per share	'
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands, except per share data)	2014		2013		2014		2013
	Net income attributable to Newport Corporation	$	9,470	$	437	$	26,308	$	5,845
	Shares:
	Weighted average shares outstanding - basic	39,921		39,121		39,776		38,935
	Dilutive potential common shares, using treasury stock method	691		536		770		491
	Weighted average shares outstanding - diluted	40,612		39,657		40,546		39,426
	Net income per share attributable to Newport Corporation:
	Basic	$	0.24	$	0.01	$	0.66	$	0.15
	Diluted	$	0.23	$	0.01	$	0.65	$	0.15

DEFINED_BENEFIT_PENSION_PLANS_

DEFINED BENEFIT PENSION PLANS (Tables)	9 Months Ended
	Sep. 27, 2014
DEFINED BENEFIT PENSION PLANS	'
Aggregate net periodic benefit costs for the plans	'
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Service cost	$	482	$	687	$	1,740	$	2,108
	Interest cost on benefit obligations	198		162		514		486
	Expected return on plan assets	-70		-51		-211		-154
	Amortization of net loss	44		62		134		187
		$	654	$	860	$	2,177	$	2,627

BUSINESS_SEGMENT_INFORMATION_T

BUSINESS SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 27, 2014
BUSINESS SEGMENT INFORMATION	'
Schedule of selected segment financial information	'
	(In thousands)	Photonics		Lasers		Optics		Total
	Three months ended September 27, 2014:
	Sales to external customers	$	59,757	$	44,228	$	42,314	$	146,299
	Segment income	$	12,255	$	6,423	$	4,949	$	23,627
	Three months ended September 28, 2013:
	Sales to external customers	$	57,508	$	38,923	$	42,606	$	139,037
	Segment income	$	13,213	$	3,432	$	4,421	$	21,066
	Nine months ended September 27, 2014:
	Sales to external customers	$	182,693	$	137,815	$	125,913	$	446,421
	Segment income	$	40,201	$	18,151	$	14,494	$	72,846
	Nine months ended September 28, 2013:
	Sales to external customers	$	171,324	$	117,231	$	117,323	$	405,878
	Segment income	$	36,546	$	10,790	$	6,996	$	54,332
Schedule of reconciliation of segment income to consolidated income before income taxes	'
		Three Months Ended				Nine Months Ended
		September 27,		September 28,		September 27,		September 28,
	(In thousands)	2014		2013		2014		2013
	Segment income	$	23,627	$	21,066	$	72,846	$	54,332
	Unallocated operating expenses	-10,866		-10,113		-34,485		-33,363
	(Loss) gain on sale of assets	-		-4,517		411		-4,517
	Loss on extinguishment of debt	-		-3,355				-3,355
	Interest and other expense, net	-958		-1,293		-2,592		-5,472
		$	11,803	$	1,788	$	36,180	$	7,625

BASIS_OF_PRESENTATION_Details

BASIS OF PRESENTATION (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 29, 2014	Jun. 28, 2014
	Optical Metrology Ltd., Israel	Ophir Japan, Ltd.
Non-Controlling Interests	'	'
Purchase of non-controlling interest	$0.90	$0.90

ACQUISITION_AND_DIVESTITURE_De

ACQUISITION AND DIVESTITURE (Details) (USD $)	3 Months Ended	9 Months Ended		1 Months Ended	3 Months Ended	12 Months Ended	15 Months Ended
	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013	Jan. 31, 2014	Mar. 29, 2014	Dec. 28, 2013	Mar. 29, 2014
				Advanced Packaging Systems Business	Advanced Packaging Systems Business	Advanced Packaging Systems Business	Advanced Packaging Systems Business
Divestiture	'	'	'	'	'	'	'
Sales price net of adjustments	'	'	'	$5,700,000	'	'	'
Sale price	'	'	'	6,000,000	'	'	'
Adjustments to purchase price based on net assets	'	'	'	300,000	'	'	'
Cash proceeds	'	5,030,000	'	5,350,000	'	'	'
Unsecured note receivable	'	'	'	650,000	'	'	'
Transaction costs	'	'	'	400,000	'	'	'
Net book value of business	'	'	'	'	'	9,500,000	'
(Loss) gain on sale of business	($4,517,000)	$411,000	($4,517,000)	'	$400,000	($4,700,000)	($4,300,000)

ACQUISITION_AND_DIVESTITURE_De1

ACQUISITION AND DIVESTITURE (Details 2) (V-Gen, Subsequent event, USD $)	0 Months Ended
In Millions, unless otherwise specified	Sep. 29, 2014
Acquisition	'
Final purchase price	$36.60
Initial purchase price	34
Net working capital adjustment	2.6
Selling, general and administrative expenses	'
Acquisition	'
Transaction costs incurred	$0.30

MARKETABLE_SECURITIES_Details

MARKETABLE SECURITIES (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013	Sep. 27, 2014	Dec. 28, 2013	Dec. 28, 2013	Sep. 27, 2014	Dec. 28, 2013	Sep. 27, 2014	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified			Fair Value	Fair Value	Money market funds	Money market funds	Money market funds	Certificates of deposit	Certificates of deposit	Certificates of deposit
			Fair Value Measurements, Recurring basis	Fair Value Measurements, Recurring basis		Fair Value	Fair Value	Maximum	Fair Value	Fair Value
						Fair Value Measurements, Recurring basis	Fair Value Measurements, Recurring basis		Fair Value Measurements, Recurring basis	Fair Value Measurements, Recurring basis
Aggregate fair value and aggregate amount of unrealized gains and losses	'	'	'	'	'	'	'	'	'	'
Marketable securities	$300	$8,219	$300	$8,219	'	$7	$8,052	'	$293	$167
Aggregate Amount of Unrealized Gains	'	$85	'	'	$85	'	'	'	'	'
Maturity term	'	'	'	'	'	'	'	'1 year	'	'

MARKETABLE_SECURITIES_Details_

MARKETABLE SECURITIES (Details 2) (USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 27, 2014
Gross realized gains and losses on sales of available for sale securities	'	'
Gross realized gains	$134	$134
Realized gains and losses on sales of available for sale securities	$134	$134

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Assets:	'	'
Restricted Cash	$1,622	$2,305
Marketable securities:	300	8,219
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Restricted Cash	1,622	2,305
Marketable securities:	7	8,052
Total assets	1,629	10,357
Quoted Prices in Active Markets for Identical Assets (Level 1) | Money market funds | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Marketable securities:	7	8,052
Significant Other Observable Inputs (Level 2) | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Marketable securities:	293	167
Funds in investments and other assets	17,939	18,384
Total assets	18,270	18,820
Liabilities:	'	'
Derivative liabilities	312	'
Significant Other Observable Inputs (Level 2) | Option contracts | Fair Value Measurements, Recurring basis	'	'
Liabilities:	'	'
Derivative liabilities	14	10
Significant Other Observable Inputs (Level 2) | Forward contracts | Fair Value Measurements, Recurring basis	'	'
Liabilities:	'	'
Derivative liabilities	298	'
Significant Other Observable Inputs (Level 2) | Certificates of deposit | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Marketable securities:	293	167
Significant Other Observable Inputs (Level 2) | Option contracts | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Derivative assets:	38	269
Significant Other Observable Inputs (Level 2) | Israeli pension funds | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Funds in investments and other assets	11,430	11,489
Significant Other Observable Inputs (Level 2) | Group insurance contracts | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Funds in investments and other assets	6,509	6,895
Fair Value | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Restricted Cash	1,622	2,305
Marketable securities:	300	8,219
Funds in investments and other assets	17,939	18,384
Total assets	19,899	29,177
Liabilities:	'	'
Derivative liabilities	312	'
Fair Value | Option contracts | Fair Value Measurements, Recurring basis	'	'
Liabilities:	'	'
Derivative liabilities	14	10
Fair Value | Forward contracts | Fair Value Measurements, Recurring basis	'	'
Liabilities:	'	'
Derivative liabilities	298	'
Fair Value | Money market funds | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Marketable securities:	7	8,052
Fair Value | Certificates of deposit | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Marketable securities:	293	167
Fair Value | Option contracts | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Derivative assets:	38	269
Fair Value | Israeli pension funds | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Funds in investments and other assets	11,430	11,489
Fair Value | Group insurance contracts | Fair Value Measurements, Recurring basis	'	'
Assets:	'	'
Funds in investments and other assets	$6,509	$6,895

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 2) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Carrying Amount	'	'
Carrying amount and estimated fair values of financial instruments	'	'
Short-term borrowings	$2,180	$4,861
Long-term debt	71,148	83,646
Fair Value	'	'
Carrying amount and estimated fair values of financial instruments	'	'
Short-term borrowings	2,176	4,851
Long-term debt	$69,536	$82,658

SUPPLEMENTAL_BALANCE_SHEET_INF2

SUPPLEMENTAL BALANCE SHEET INFORMATION (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Short-term inventories	'	'
Raw materials and purchased parts	$66,635	$61,819
Work in process	19,176	19,577
Finished goods	26,842	21,987
Short-term inventories	112,653	103,383
Long-term Inventories	'	'
Raw materials and purchased parts	2,057	1,850
Finished goods	3,198	4,489
Long-term inventories	$5,255	$6,339

SUPPLEMENTAL_BALANCE_SHEET_INF3

SUPPLEMENTAL BALANCE SHEET INFORMATION (Details 2)	9 Months Ended
	Sep. 27, 2014
Photonics and Optics | All products other than filters, gratings, laser beam profilers, and dental CAD/CAM scanners	'
Warranty	'
Product warranty period	'1 year
Photonics and Optics | Original equipment manufacturer | Minimum	'
Warranty	'
Product warranty period	'15 months
Photonics and Optics | Original equipment manufacturer | Maximum	'
Warranty	'
Product warranty period	'19 months
Optics | Filters and gratings products	'
Warranty	'
Product warranty period	'90 days
Photonics | Laser beam profilers, and dental CAD/CAM scanners	'
Warranty	'
Product warranty period	'2 years
Lasers | Minimum	'
Warranty	'
Product warranty period	'90 days
Lasers | Maximum	'
Warranty	'
Product warranty period	'2 years

SUPPLEMENTAL_BALANCE_SHEET_INF4

SUPPLEMENTAL BALANCE SHEET INFORMATION (Details 3) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Dec. 28, 2013
Accrued Warranty Obligations	'	'	'
Balance at beginning of year	$3,285	$3,528	'
Additions charged to cost of sales	2,134	1,817	'
Warranty claims	-2,487	-2,112	'
Balance at end of period	2,932	3,233	'
Accrued Expenses and Other Current Liabilities	'	'	'
Deferred revenue	13,059	'	13,609
Deferred lease liability	5,165	'	5,448
Accrued and deferred taxes	4,144	'	3,130
Short-term accrued warranty obligations	2,760	'	3,093
Other	8,910	'	10,061
Accrued expenses and other current liabilities, total	34,038	'	35,341
Accumulated Other Comprehensive Loss	'	'	'
Cumulative foreign currency translation losses	-9,870	'	-2,296
Unrecognized net pension losses, net of tax	-2,093	'	-2,399
Unrealized gains on marketable securities, net of tax	899	'	1,076
Accumulated other comprehensive loss	($11,064)	'	($3,619)

INTANGIBLE_ASSETS_Details

INTANGIBLE ASSETS (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Intangible assets subject to amortization:	'	'
Intangible assets	$41,772	$49,037
Developed technology	'	'
Intangible assets subject to amortization:	'	'
Intangible assets	24,227	26,805
Accumulated amortization	16,143	14,079
Customer relationships	'	'
Intangible assets subject to amortization:	'	'
Intangible assets	9,971	13,795
Accumulated amortization	36,327	32,614
In-process research and development	'	'
Intangible assets subject to amortization:	'	'
Intangible assets	6,576	7,162
Accumulated amortization	1,310	759
Other intangible assets	'	'
Intangible assets subject to amortization:	'	'
Intangible assets	998	1,275
Accumulated amortization	$6,334	$6,324

INTANGIBLE_ASSETS_Details_2

INTANGIBLE ASSETS (Details 2) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Intangible assets subject to amortization:	'	'
Intangible assets	$41,772	$49,037
Intangible assets not subject to amortization:	'	'
Trademarks and trade names	18,305	18,305
Intangible assets, net	$60,077	$67,342

INTANGIBLE_ASSETS_Details_3

INTANGIBLE ASSETS (Details 3) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Intangible assets, excluding goodwill	'	'	'	'
Amortization expense related to intangible assets	$1.90	$2.60	$6.80	$7.70
Developed technology | Minimum	'	'	'	'
Intangible assets, excluding goodwill	'	'	'	'
Intangible asset amortization period	'	'	'10 years	'
Developed technology | Maximum	'	'	'	'
Intangible assets, excluding goodwill	'	'	'	'
Intangible asset amortization period	'	'	'20 years	'
Customer relationships | Maximum	'	'	'	'
Intangible assets, excluding goodwill	'	'	'	'
Intangible asset amortization period	'	'	'10 years	'
Other intangible assets except product trademarks and trade names | Minimum	'	'	'	'
Intangible assets, excluding goodwill	'	'	'	'
Intangible asset amortization period	'	'	'3 months	'
Other intangible assets except product trademarks and trade names | Maximum	'	'	'	'
Intangible assets, excluding goodwill	'	'	'	'
Intangible asset amortization period	'	'	'10 years	'
Trade names | Minimum	'	'	'	'
Intangible assets, excluding goodwill	'	'	'	'
Intangible asset amortization period	'	'	'10 years	'
Trade names | Maximum	'	'	'	'
Intangible assets, excluding goodwill	'	'	'	'
Intangible asset amortization period	'	'	'20 years	'

INTANGIBLE_ASSETS_Details_4

INTANGIBLE ASSETS (Details 4) (USD $)	Sep. 27, 2014
Estimated aggregate amortization expense	'
2014 (remaining)	$1,755,000
2015	6,857,000
2016	6,484,000
2017	5,521,000
2018	3,396,000
Thereafter	17,355,000
Total estimated future amortization expense	41,368,000
Future IPR&D expense excluded from estimated future expense	$400,000

INTEREST_AND_OTHER_EXPENSE_NET2

INTEREST AND OTHER EXPENSE, NET (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
INTEREST AND OTHER EXPENSE, NET	'	'	'	'
Interest expense	($522)	($1,087)	($1,779)	($4,670)
Interest and dividend income	129	46	252	151
Derivative gain (loss)	-372	167	-248	541
Bank and portfolio asset management fees	-293	-245	-819	-631
Other income (expense), net	100	-174	2	-863
Total	($958)	($1,293)	($2,592)	($5,472)

STOCKBASED_COMPENSATION_Detail

STOCK-BASED COMPENSATION (Details) (USD $)	9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 27, 2014
Restricted stock units	'
Stock-based compensation	'
Granted (in shares)	0.6
Weighted average grant date fair values (in dollars per share)	$18.31
Stock appreciation rights	'
Stock-based compensation	'
Granted (in shares)	0.6
Weighted average grant date fair values (in dollars per share)	$7.85

STOCKBASED_COMPENSATION_Detail1

STOCK-BASED COMPENSATION (Details 2) (USD $)	3 Months Ended		9 Months Ended
	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Total stock-based compensation expense included in the Company's consolidated statements of operations	'	'	'	'
Stock-based compensation expense	$3,141,000	$2,445,000	$8,588,000	$6,590,000
Unrecognized total compensation cost	'	'	'	'
Unrecognized stock-based compensation expense related to non-vested stock-based awards	22,400,000	'	22,400,000	'
Weighted-average period over which unrecognized stock-based compensation cost is expected to be recognized	'	'	'2 years 1 month 6 days	'
Cost of sales	'	'	'	'
Total stock-based compensation expense included in the Company's consolidated statements of operations	'	'	'	'
Stock-based compensation expense	271,000	233,000	762,000	686,000
Selling, general and administrative expenses	'	'	'	'
Total stock-based compensation expense included in the Company's consolidated statements of operations	'	'	'	'
Stock-based compensation expense	2,508,000	1,921,000	6,809,000	5,114,000
Research and development expense	'	'	'	'
Total stock-based compensation expense included in the Company's consolidated statements of operations	'	'	'	'
Stock-based compensation expense	$362,000	$291,000	$1,017,000	$790,000

STOCKBASED_COMPENSATION_Detail2

STOCK-BASED COMPENSATION (Details 3) (USD $)	9 Months Ended
In Millions, except Per Share data, unless otherwise specified	Sep. 27, 2014
Stock Options	'
Stock-based compensation	'
Stock options exercisable and outstanding (in shares)	0.2
Stock options exercisable and outstanding, weighted average exercise price (in dollars per share)	$13.64
Stock options exercisable and outstanding, intrinsic value	$0.60
Stock options exercisable and outstanding, remaining contractual term	'7 months 6 days
Stock appreciation rights	'
Stock-based compensation	'
Stock appreciation rights outstanding (in shares)	2.3
Stock appreciation rights outstanding, weighted average base value (in dollars per share)	$13.94
Stock appreciation rights outstanding, intrinsic value	8.6
Stock appreciation rights outstanding, remaining contractual term	'4 years 7 months 6 days
Stock appreciation rights exercisable (in shares)	1.2
Stock appreciation rights exercisable, weighted-average base value (in dollars per share)	$11.54
Stock appreciation rights exercisable, intrinsic value	$7
Stock appreciation rights exercisable, remaining contractual term	'3 years 2 months 12 days

DEBT_AND_LINES_OF_CREDIT_Detai

DEBT AND LINES OF CREDIT (Details) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Debt and Lines of Credit	'	'
Current portion of long-term debt	$825	$3,580
Total short-term borrowings	2,180	4,861
Japanese revolving lines of credit	'	'
Debt and Lines of Credit	'	'
Total short-term borrowings	640	666
Japanese receivables financing facilities	'	'
Debt and Lines of Credit	'	'
Total short-term borrowings	$715	$615

DEBT_AND_LINES_OF_CREDIT_Detai1

DEBT AND LINES OF CREDIT (Details 2) (USD $)	Sep. 27, 2014	Dec. 28, 2013
In Thousands, unless otherwise specified
Debt and Lines of credit	'	'
Total long-term debt	$71,973	$87,226
Current portion of long-term debt	825	3,580
Total long-term debt, less current portion	71,148	83,646
U.S. revolving line of credit expiring July 2018	'	'
Debt and Lines of credit	'	'
Total long-term debt	71,000	83,000
Israeli loans due through October 2015	'	'
Debt and Lines of credit	'	'
Total long-term debt	973	2,110
Japanese private placement bonds	'	'
Debt and Lines of credit	'	'
Total long-term debt	'	1,902
Japanese loans	'	'
Debt and Lines of credit	'	'
Total long-term debt	'	$214

NET_INCOME_PER_SHARE_Details

NET INCOME PER SHARE (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
NET INCOME PER SHARE	'	'	'	'
Net income attributable to Newport Corporation	$9,470	$437	$26,308	$5,845
Shares:	'	'	'	'
Weighted average shares outstanding - basic	39,921	39,121	39,776	38,935
Dilutive potential common shares, using treasury stock method	691	536	770	491
Weighted average shares outstanding - diluted	40,612	39,657	40,546	39,426
Net income per share attributable to Newport Corporation:	'	'	'	'
Basic (in dollars per share)	$0.24	$0.01	$0.66	$0.15
Diluted (in dollars per share)	$0.23	$0.01	$0.65	$0.15

NET_INCOME_PER_SHARE_Details_2

NET INCOME PER SHARE (Details 2)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Stock options and stock appreciation rights	'	'	'	'
Net income per share	'	'	'	'
Antidilutive securities excluded from computation of earnings per share, amount	700	1,500	700	1,500
Restricted stock units	'	'	'	'
Net income per share	'	'	'	'
Antidilutive securities excluded from computation of earnings per share, amount	'	8	'	8
Performance-Based Restricted Stock Units	'	'	'	'
Net income per share	'	'	'	'
Antidilutive securities excluded from computation of earnings per share, amount	600	700	600	700

INCOME_TAXES_Details

INCOME TAXES (Details)	3 Months Ended		9 Months Ended
	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
INCOME TAXES	'	'	'	'
Effective rate	19.70%	67.10%	27.00%	22.30%
U.S. statutory rate	35.00%	'	35.00%	'

STOCKHOLDERS_EQUITY_TRANSACTIO1

STOCKHOLDERS' EQUITY TRANSACTIONS (Details) (USD $)	9 Months Ended
In Thousands, except Share data in Millions, unless otherwise specified	Sep. 27, 2014	31-May-08
STOCKHOLDERS' EQUITY TRANSACTIONS	'	'
Shares of common stock authorized to be repurchased	'	4
Purchases made under the program	0.2	'
Shares repurchased, value (in dollars)	$4,480	'
Remaining shares to be repurchased	3.6	'

STOCKHOLDERS_EQUITY_TRANSACTIO2

STOCKHOLDERS' EQUITY TRANSACTIONS (Details 2) (Restricted stock units, USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 27, 2014
Restricted stock units	'
Stock-based compensation	'
Cancelled (in shares)	0.1
Cancelled, value	$2.90

DEFINED_BENEFIT_PENSION_PLANS_1

DEFINED BENEFIT PENSION PLANS (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Net periodic benefit costs	'	'	'	'
Service cost	$482	$687	$1,740	$2,108
Interest cost on benefit obligations	198	162	514	486
Expected return on plan assets	-70	-51	-211	-154
Amortization of net loss	44	62	134	187
Total	$654	$860	$2,177	$2,627

BUSINESS_SEGMENT_INFORMATION_D

BUSINESS SEGMENT INFORMATION (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
			segment
Segment Reporting Information, by Segment	'	'	'	'
Number of operating segments	'	'	3	'
Sales to external customers	$146,299	$139,037	$446,421	$405,878
Segment income	12,761	6,436	38,772	16,452
Photonics	'	'	'	'
Segment Reporting Information, by Segment	'	'	'	'
Sales to external customers	59,757	57,508	182,693	171,324
Lasers	'	'	'	'
Segment Reporting Information, by Segment	'	'	'	'
Sales to external customers	44,228	38,923	137,815	117,231
Optics	'	'	'	'
Segment Reporting Information, by Segment	'	'	'	'
Sales to external customers	42,314	42,606	125,913	117,323
Operating segments	'	'	'	'
Segment Reporting Information, by Segment	'	'	'	'
Segment income	23,627	21,066	72,846	54,332
Operating segments | Photonics	'	'	'	'
Segment Reporting Information, by Segment	'	'	'	'
Segment income	12,255	13,213	40,201	36,546
Operating segments | Lasers	'	'	'	'
Segment Reporting Information, by Segment	'	'	'	'
Segment income	6,423	3,432	18,151	10,790
Operating segments | Optics	'	'	'	'
Segment Reporting Information, by Segment	'	'	'	'
Segment income	$4,949	$4,421	$14,494	$6,996

BUSINESS_SEGMENT_INFORMATION_D1

BUSINESS SEGMENT INFORMATION (Details 2) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 27, 2014	Sep. 28, 2013	Sep. 27, 2014	Sep. 28, 2013
Reconciliation of segment income to consolidated income before income taxes	'	'	'	'
Segment income	$12,761	$6,436	$38,772	$16,452
(Loss) gain on sale of assets	'	-4,517	411	-4,517
Loss on extinguishment of debt	'	-3,355	'	-3,355
Interest and other expense, net	-958	-1,293	-2,592	-5,472
Income before income taxes	11,803	1,788	36,180	7,625
Operating segments	'	'	'	'
Reconciliation of segment income to consolidated income before income taxes	'	'	'	'
Segment income	23,627	21,066	72,846	54,332
Unallocated amount to segment	'	'	'	'
Reconciliation of segment income to consolidated income before income taxes	'	'	'	'
Unallocated operating expenses	($10,866)	($10,113)	($34,485)	($33,363)