Newport 10-Q 14 May 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Apr. 04, 2015	Apr. 30, 2015
Document and Entity Information
Entity Registrant Name	NEWPORT CORP
Entity Central Index Key	225263
Document Type	10-Q
Document Period End Date	4-Apr-15
Amendment Flag	FALSE
Current Fiscal Year End Date	-1
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		39,844,699
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

Consolidated_Statements_of_Inc

Consolidated Statements of Income and Comprehensive Income (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
Consolidated Statements of Income and Comprehensive Income
Net sales	$156,655	$146,890
Cost of sales	86,374	81,431
Gross profit	70,281	65,459
Selling, general and administrative expenses	40,609	39,206
Research and development expense	14,955	14,138
Loss (gain) on sale or other disposal of assets, net	1,088	-411
Operating income	13,629	12,526
Interest and other expense, net	-903	-976
Income before income taxes	12,726	11,550
Income tax provision	4,062	3,609
Net income	8,664	7,941
Net income attributable to non-controlling interests		55
Net income attributable to Newport Corporation	8,664	7,886
Net income	8,664	7,941
Other comprehensive income (loss):
Foreign currency translation (losses) gains	-6,211	461
Unrecognized net pension gains, net of tax	470	43
Unrealized (losses) gains on investment and marketable securities, net of tax	-108	20
Other comprehensive income (loss)	-5,849	524
Comprehensive income	2,815	8,465
Comprehensive income attributable to non-controlling interests		69
Comprehensive income attributable to Newport Corporation	2,815	8,396
Comprehensive income	$2,815	$8,465
Net income per share attributable to Newport Corporation:
Basic (in dollars per share)	$0.22	$0.20
Diluted (in dollars per share)	$0.21	$0.19
Shares used in per share calculations:
Basic (in shares)	39,601	39,525
Diluted (in shares)	40,560	40,499

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$31,192	$46,883
Restricted cash	1,524	1,704
Marketable securities	6	57
Accounts receivable, net of allowance for doubtful accounts of $1,268 and $1,242 as of April 4, 2015 and January 3, 2015, respectively	103,946	96,512
Inventories	121,188	112,440
Current deferred tax assets	20,885	20,734
Prepaid expenses and other current assets	22,053	14,948
Total current assets	300,794	293,278
Property and equipment, net	82,914	82,793
Goodwill	104,643	97,524
Long-term deferred tax assets	5,204	5,005
Intangible assets, net	72,093	70,811
Investments and other assets	27,494	30,516
Total assets	593,142	579,927
Current liabilities:
Short-term borrowings	3,567	3,772
Accounts payable	35,990	31,448
Accrued payroll and related expenses	35,967	34,607
Accrued expenses and other current liabilities	34,227	31,797
Total current liabilities	109,751	101,624
Long-term debt	78,000	71,000
Pension liabilities	27,724	28,554
Long-term deferred tax liabilities	14,559	14,272
Other long-term liabilities	7,616	7,773
Commitments and contingencies
Stockholders' equity:
Common stock, par value $0.1167 per share, 200,000,000 shares authorized; 39,817,899 and 39,603,662 shares issued and outstanding as of April 4, 2015 and January 3, 2015, respectively	4,651	4,626
Capital in excess of par value	464,523	468,575
Accumulated other comprehensive loss	-23,831	-17,982
Accumulated deficit	-89,851	-98,515
Total stockholders' equity	355,492	356,704
Total Liabilities and Stockholders' equity	$593,142	$579,927

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, except Share data, unless otherwise specified
Consolidated Balance Sheets
Accounts receivable, allowance for doubtful accounts (in dollars)	$1,268	$1,242
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	39,817,899	39,603,662
Common stock, shares outstanding	39,817,899	39,603,662

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$8,664	$7,941
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	6,966	7,160
Gain on sale of assets		-411
Provision for losses on inventories	1,223	984
Stock-based compensation expense	4,084	2,337
Provision for doubtful accounts	87	159
Loss on disposal of property and equipment	1,139	286
Deferred income taxes	-272	-336
Excess tax benefits from stock-based compensation	-655
Increase (decrease) in cash, net of acquisition and divestiture, due to changes in:
Accounts receivable	-7,445	-3,155
Inventories	-9,275	-6,471
Prepaid expenses and other assets	-4,761	-2,947
Accounts payable	1,962	752
Accrued payroll and related expenses	1,022	134
Accrued expenses and other liabilities	2,205	3,856
Other long-term liabilities	175	-909
Net cash provided by operating activities	5,119	9,380
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	-5,679	-4,950
Restricted cash	89	-47
Proceeds from divestiture of business		5,030
Acquisition of businesses, net of cash acquired	-8,417
Refundable amounts related to acquisition of business	-1,767
Purchase of investments and marketable securities	-503	-590
Proceeds from the sale or maturity of investments and marketable securities	123	395
Net cash used in investing activities	-16,154	-162
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from long-term debt	11,000
Repayment of long-term debt and obligations under capital leases	-4,004	-12,961
Proceeds from short-term borrowings	344	1,016
Repayment of short-term borrowings	-4,599	-701
Purchases of non-controlling interests		-931
Proceeds from the issuance of common stock under employee plans	705	2,789
Tax withholding payment related to net share settlement of equity awards	-3,419
Purchases of the Company's common stock	-5,995
Excess tax benefits from stock-based compensation	655
Net cash used in financing activities	-5,313	-10,788
Impact of foreign exchange rate changes on cash balances	657	462
Net decrease in cash and cash equivalents	-15,691	-1,108
Cash and cash equivalents at beginning of period	46,883	53,710
Cash and cash equivalents at end of period	31,192	52,602
Supplemental disclosures of cash flow information:
Cash paid during the period for interest	462	589
Cash paid during the period for income taxes, net	2,546	2,007
Property and equipment accrued in accounts payable	$165	$450

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Apr. 04, 2015
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 January 3, 2015.  The results for the interim periods are not necessarily indicative of the results the Company will have for the full year ending January 2, 2016.  The January 3, 2015 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 January 3, 2015.

RECENT_ACCOUNTING_PRONOUNCEMEN

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Apr. 04, 2015
RECENT ACCOUNTING PRONOUNCEMENTS
RECENT ACCOUNTING PRONOUNCEMENTS
	NOTE 2RECENT ACCOUNTING PRONOUNCEMENTS
	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (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.  Upon adoption, ASU No. 2014-09 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.  At the time of issuance, ASU No. 2014-09 was to become effective for interim and annual periods beginning after December 15, 2016, and early adoption was not permitted.  However, in April 2015, the FASB proposed deferring the effective date by one year to annual reporting periods beginning after December 15, 2017.  The FASB also proposed permitting early adoption of the standard, but not before the original effective date of December 15, 2016.  The FASB’s proposed deferral is not yet a final decision.  The Company is currently evaluating the expected impact of ASU No. 2014-09 on its financial position and results of operations.
	In April 2015, the FASB issued ASU No. 2015-03, Simplifying the Presentation of Debt Issuance Costs.  ASU No. 2015-03 requires debt issuance costs to be presented as a reduction from the carrying amount of the related debt rather than as a deferred charge (an asset).  ASU No. 2015-03 will be effective for fiscal years and interim periods beginning after December 15, 2015, and is required to be applied retrospectively.  Early adoption is permitted but has not been elected for the first quarter of 2015.  The Company’s adoption of ASU No. 2015-03 would have resulted in a decrease in both investments and other assets and long-term debt of $1.0 million as of April 4, 2015.
	In April 2015, the FASB issued ASU No. 2015-04, Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets.  ASU No. 2015-04 allows companies with a fiscal year-end that does not coincide with a month-end to measure defined benefit plan assets and obligations using the month-end date that is closest to the entity’s fiscal year-end.  This practical expedient is required to be applied consistently year to year and for all plans.  However, if a contribution or significant event occurs between the month-end date and the entity’s fiscal year-end, the defined benefit plan assets and obligations should be adjusted to capture such events.  ASU No. 2015-04 will be effective for fiscal years and interim periods beginning after December 15, 2015.  Early adoption is permitted but has not been elected.  The adoption of ASU No. 2015-04 is not expected to have a material impact on the Company’s financial position or results of operations.
	In April 2015, the FASB issued ASU No. 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement.  ASU No. 2015-05 provides guidance for determining whether a cloud computing arrangement includes a software license.  A cloud computing arrangement is considered to contain a license if the customer has a contractual right to take possession of the software without significant penalty and it is feasible for the customer to run the software on its own or with an unrelated vendor.  If the arrangement includes a software license, the customer should account for the purchase of the license consistent with the purchase of other licenses.  If the arrangement does not include a license, the customer should account for the arrangement as a service contract.  ASU No. 2015-05 will be effective for fiscal years and interim periods beginning after December 15, 2015 and can be applied prospectively or retrospectively.  Early adoption is permitted but has not been elected.  The adoption of ASU No. 2015-05 is not expected to have a material impact on the Company’s financial position or results of operations.

ACQUISITION_OF_FEMTOLASERS

ACQUISITION OF FEMTOLASERS	3 Months Ended
	Apr. 04, 2015
ACQUISITION OF FEMTOLASERS
ACQUISITION OF FEMTOLASERS
	NOTE 3ACQUISITION OF FEMTOLASERS
	On February 11, 2015, the Company acquired all of the capital stock of FEMTOLASERS Produktions GmbH (FEMTOLASERS).  The initial purchase price of €9.1 million was paid in cash at closing and is subject to a net asset adjustment.  Based on the preliminary financial information provided by FEMTOLASERS, the Company has estimated an adjustment to the purchase price of approximately €1.6 million, which would result in a purchase price of €7.5 million (approximately $8.5 million).  The amount of this adjustment will be finalized following completion of the audit of FEMTOLASERS’ balance sheet as of the closing date, which the Company expects will occur during the second quarter of 2015.  Of the initial purchase price, €2.3 million was deposited at closing into escrow until thirty months after closing, to secure certain obligations of the FEMTOLASERS selling shareholders under the share purchase agreement, including the net asset adjustment.  The Company incurred $0.4 million in transaction costs, which have been expensed as incurred and are included in selling, general and administrative expenses in the accompanying statements of income and comprehensive income.  FEMTOLASERS expands the Company’s offering of ultrafast laser products and enhances its technology base in this area.  The results of FEMTOLASERS have been included in the results of the Company’s Lasers Group as of the acquisition date.
	Immediately following the closing of the transaction, the Company repaid €3.6 million (approximately $4.0 million) of FEMTOLASERS’ outstanding loans that were assumed as part of the acquisition.
	The consideration paid by the Company for the acquisition of FEMTOLASERS is allocated to the assets acquired, net of the liabilities assumed, based upon their estimated fair values as of the date of the acquisition.  The excess of the purchase price over the estimated fair value of the assets acquired, net of the estimated fair value of the liabilities assumed, is recorded as goodwill.  The Company has not yet finalized the purchase price or its final evaluation of the fair value of certain assets acquired.  Any changes during the measurement period may have an impact on the allocation of the purchase price, including values assigned to assets, liabilities and the amount of estimated goodwill represented in the table below.
	(In thousands)
	Assets acquired and liabilities assumed:
	Cash	$	78
	Accounts receivable	2,007
	Inventories	2,315
	Deferred tax assets	596
	Other assets	2,057
	Goodwill	7,841
	Developed technology	1,811
	In-process research and development	1,664
	Other intangible assets	543
	Accounts payable	(3,417		)
	Debt	(4,021		)
	Deferred tax liabilities	(1,005		)
	Other liabilities	(1,974		)
		$	8,495
	The goodwill related to the acquisition of FEMTOLASERS has been allocated to the Company’s Lasers Group and will not be deductible for tax purposes.
	The actual net sales and net income of FEMTOLASERS from February 11, 2015, the closing date of the acquisition, that were included in the Company’s consolidated statements of income and comprehensive income for the three months ended April 4, 2015, are set forth in the table below.  Also set forth in the table below are the pro forma net sales and net income of the Company during the three months ended April 4, 2015 and March 29, 2014, including the results of FEMTOLASERS as though the acquisition had occurred at the beginning of 2014.  This supplemental pro forma financial information is presented for information purposes only and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had occurred as of the beginning of 2014.
		Three Months Ended
		April 4,			March 29,
	(Unaudited, in thousands)	2015			2014
	Actual:
	Net sales	$	350		$	—
	Net loss attributable to Newport Corporation	$	(460	)	$	—
	Supplemental pro forma information:
	Net sales	$	156,924		$	149,328
	Net income attributable to Newport Corporation	$	8,999		$	7,758
	For the purposes of determining pro forma net income, adjustments were made to actual net income of the Company for both periods presented in the table above.  The pro forma net income assumes amortization of acquired intangible assets began at the beginning of 2014 rather than on February 11, 2015.  The result is a net increase in amortization expense of $0.1 million for each of the three months ended April 4, 2015 and March 29, 2014.  Transaction costs totaling $0.4 million, which were incurred prior to the closing of the acquisition, are excluded from pro forma net income.

MARKETABLE_SECURITIES

MARKETABLE SECURITIES	3 Months Ended
	Apr. 04, 2015
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 April 4, 2015 were as follows:
		Aggregate		Aggregate Amount of
				Unrealized
	(In thousands)	Fair Value		Gains		Losses
	Money market funds	$	6	$	—	$	—
	Certificates of deposit	—		—		—
		$	6	$	—	$	—
	The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at January 3, 2015 were as follows:
		Aggregate		Aggregate Amount of
				Unrealized
	(In thousands)	Fair Value		Gains		Losses
	Money market funds	$	7	$	—	$	—
	Certificates of deposit	50		—		—
		$	57	$	—	$	—
	Money market funds do not have a maturity date.
	There were no gross realized gains and losses for the three months ended April 4, 2015 or March 29, 2014.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Apr. 04, 2015
FAIR VALUE MEASUREMENTS
FAIR VALUE MEASUREMENTS
	NOTE 5FAIR VALUE MEASUREMENTS
	Accounting Standards Codification (ASC) 820-10, Fair Value Measurements, 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 April 4, 2015.
				Fair Value Measurements at Reporting Date Using
	(In thousands)	April 4, 2015		Quoted Prices in		Significant Other		Significant
	Description			Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs
				(Level 1)				(Level 3)
	Assets:
	Restricted Cash	$	1,524	$	1,524	$	—	$	—
	Marketable securities:
	Money market funds	6		6		—		—
	Derivative assets:
	Option contracts	159		—		159		—
	Funds in investments and other assets:
	Israeli pension funds	11,240		—		11,240		—
	Group insurance contracts	5,784		—		5,784		—
		17,024		—		17,024		—
		$	18,713	$	1,530	$	17,183	$	—
	Liabilities:
	Derivative liabilities:
	Option contracts	642		—		642		—
	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 January 3, 2015.
				Fair Value Measurements at Reporting Date Using
	(In thousands)	January 3, 2015		Quoted Prices in		Significant Other		Significant
	Description			Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs
				(Level 1)				(Level 3)
	Assets:
	Restricted Cash	$	1,704	$	1,704	$	—	$	—
	Marketable securities:
	Money market funds	7		7		—		—
	Certificates of deposit	50		—		50		—
		57		7		50		—
	Derivative assets:
	Option contracts	103		—		103		—
	Funds in investments and other assets:
	Israeli pension funds	11,090		—		11,090
	Group insurance contracts	6,140		—		6,140		—
		17,230		—		17,230		—
		$	19,094	$	1,711	$	17,383	$	—
	Liabilities:
	Derivative liabilities:
	Option contracts	$	921	$	—	$	921	$	—
	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:
		April 4, 2015				January 3, 2015
		Carrying				Carrying
	(In thousands)	Amount		Fair Value		Amount		Fair Value
	Short-term borrowings	$	3,567	$	3,567	$	3,772	$	3,772
	Long-term debt	$	78,000	$	77,298	$	71,000	$	69,761

SUPPLEMENTAL_BALANCE_SHEET_INF

SUPPLEMENTAL BALANCE SHEET INFORMATION	3 Months Ended
	Apr. 04, 2015
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:
		April 4,			January 3,
	(In thousands)	2015			2015
	Raw materials and purchased parts	$	73,320		$	68,989
	Work in process	19,660			16,564
	Finished goods	28,208			26,887
	Short-term inventories	$	121,188		$	112,440
	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:
		April 4,			January 3,
	(In thousands)	2015			2015
	Raw materials and purchased parts	$	1,820		$	3,208
	Finished goods	2,858			3,856
	Long-term inventories	$	4,678		$	7,064
	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 other long-term liabilities in the accompanying consolidated balance sheets.
	The activity in accrued warranty obligations was as follows:
		Three Months Ended
		April 4,			March 29,
	(In thousands)	2015			2014
	Balance at beginning of year	$	3,556		$	3,285
	Additions charged to cost of sales	811			906
	Warranty claims	(808		)	(781		)
	Balance at end of period	$	3,559		$	3,410
	Accrued Expenses and Other Current Liabilities
	Accrued expenses and other current liabilities were as follows:
		April 4,			January 3,
	(In thousands)	2015			2015
	Deferred revenue	$	12,454		$	13,032
	Deferred lease liability	4,981			5,094
	Accrued income taxes	3,631			2,219
	Short-term accrued warranty obligations	3,315			3,324
	Other	9,846			8,128
		$	34,227		$	31,797
	Accumulated Other Comprehensive Loss
	Accumulated other comprehensive loss consisted of the following:
		April 4,			January 3,
	(In thousands)	2015			2015
	Cumulative foreign currency translation losses	$	(20,767	)	$	(14,556	)
	Unrecognized net pension losses, net of tax	(4,385		)	(4,855		)
	Unrealized gains on investments and marketable securities, net of tax	1,321			1,429
		$	(23,831	)	$	(17,982	)

GOODWILL_AND_INTANGIBLE_ASSETS

GOODWILL AND INTANGIBLE ASSETS	3 Months Ended
	Apr. 04, 2015
GOODWILL AND INTANGIBLE ASSETS
GOODWILL AND INTANGIBLE ASSETS
	NOTE 7GOODWILL AND INTANGIBLE ASSETS
	The changes in the carrying amounts of goodwill were as follows:
		Photonics			Lasers			Optics
	(In thousands)	Group			Group			Group			Total
	Balance at January 3, 2015:
	Goodwill	98,808			129,761			41,314			269,883
	Accumulated impairment losses	(47,458		)	(104,562		)	(20,339		)	(172,359		)
		51,350			25,199			20,975			97,524
	Goodwill allocated to acquisition	—			7,841			—			7,841
	Foreign currency impact	—			(722		)	—			(722		)
	Balance at April 4, 2015:
	Goodwill	98,808			136,880			41,314			277,002
	Accumulated impairment losses	(47,458		)	(104,562		)	(20,339		)	(172,359		)
		$	51,350		$	32,318		$	20,975		$	104,643
	Acquisition related intangible assets were as follows:
		April 4,			January 3,
	(In thousands)	2015			2015
	Intangible assets subject to amortization:
	Developed technology, net of accumulated amortization of $10,170 and $16,782 as of April 4, 2015 and January 3, 2015, respectively	$	29,424		$	28,864
	Customer relationships, net of accumulated amortization of $18,748 and $37,312 as of April 4, 2015 and January 3, 2015, respectively	9,898			10,515
	In-process research and development, net of accumulated amortization of $1,110 and $1,496 as of April 4, 2015 and January 3, 2015, respectively	13,356			11,965
	Other, net of accumulated amortization of $1,071 and $6,299 as of April 4, 2015 and January 3, 2015, respectively	1,110			1,162
		53,788			52,506
	Intangible assets not subject to amortization:
	Trademarks and trade names	18,305			18,305
	Intangible assets, net	$	72,093		$	70,811
	As of April 4, 2015, the amounts of accumulated amortization shown in the table above exclude amounts related to the Company’s acquisition of Spectra-Physics, Inc. (and certain related entities), as the purchased intangible assets related to that acquisition have been fully amortized.
	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 $2.1 million and $2.5 million for the three months ended April 4, 2015 and March 29, 2014, respectively.
	Estimated aggregate amortization expense for future fiscal years is as follows:
	(In thousands)	Estimated
		Aggregate
		Amortization
		Expense
	2015 (remaining)	$	6,198
	2016	7,813
	2017	6,673
	2018	4,509
	2019	3,919
	Thereafter	17,462
		$	46,574
	The Company has excluded $7.2 million of estimated amortization expense related to certain in-process research and development from the table above, as it was uncertain as of April 4, 2015 when the technology will be completed and when the amortization will begin.

INTEREST_AND_OTHER_EXPENSE_NET

INTEREST AND OTHER EXPENSE, NET	3 Months Ended
	Apr. 04, 2015
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
		April 4,			March 29,
	(In thousands)	2015			2014
	Interest expense	$	(565	)	$	(661	)
	Interest and dividend income	41			53
	Derivative loss	(124		)	(12		)
	Bank and portfolio asset management fees	(354		)	(260		)
	Other income (expense), net	99			(96		)
		$	(903	)	$	(976	)

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Apr. 04, 2015
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION
	NOTE 9STOCK-BASED COMPENSATION
	The total stock-based compensation expense included in the Company’s consolidated statements of income and comprehensive income was as follows:
		Three Months Ended
		April 4,		March 29,
	(In thousands)	2015		2014
	Cost of sales	$	396	$	212
	Selling, general and administrative expenses	3,196		1,836
	Research and development expense	492		289
		$	4,084	$	2,337
	At April 4, 2015, 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 $14.5 million, net of estimated forfeitures.  This future compensation expense will be amortized over a weighted-average period of 1.7 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 April 4, 2015 will be adjusted for actual forfeitures.
	At April 4, 2015, 42 thousand stock options with a weighted-average exercise price of $13.79 per share, intrinsic value of $0.2 million and remaining contractual term of 0.7 years were outstanding and were exercisable.  At April 4, 2015, 2.0 million stock-settled stock appreciation rights with a weighted-average base value of $14.72 per share, intrinsic value of $8.8 million and remaining contractual term of 4.4 years were outstanding, of which 1.4 million stock-settled stock appreciation rights with a weighted-average base value of $13.92 per share, intrinsic value of $7.4 million and remaining contractual term of 3.8 years were exercisable.

DEBT_AND_LINES_OF_CREDIT

DEBT AND LINES OF CREDIT	3 Months Ended
	Apr. 04, 2015
DEBT AND LINES OF CREDIT
DEBT AND LINES OF CREDIT
	NOTE 10DEBT AND LINES OF CREDIT
	Total short-term borrowings were as follows:
		April 4,		January 3,
	(In thousands)	2015		2015
	Japanese revolving lines of credit	$	2,851	$	3,163
	Japanese receivables financing facilities	277		25
	Israeli loans due October 2015	439		584
	Total short-term borrowings	$	3,567	$	3,772
	Total long-term debt was as follows:
		April 4,		January 3,
	(In thousands)	2015		2015
	U.S. revolving line of credit expiring July 2018	$	78,000	$	71,000

NET_INCOME_PER_SHARE

NET INCOME PER SHARE	3 Months Ended
	Apr. 04, 2015
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
		April 4,		March 29,
	(In thousands, except per share data)	2015		2014
	Net income attributable to Newport Corporation	$	8,664	$	7,886
	Shares:
	Weighted average shares outstanding - basic	39,601		39,525
	Dilutive potential common shares, using treasury stock method	959		974
	Weighted average shares outstanding - diluted	40,560		40,499
	Net income per share attributable to Newport Corporation:
	Basic	$	0.22	$	0.20
	Diluted	$	0.21	$	0.19
	For the three months ended April 4, 2015, 0.6 million stock appreciation rights, and for the three months ended March 29, 2014, an aggregate of 0.1 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.

INCOME_TAXES

INCOME TAXES	3 Months Ended
	Apr. 04, 2015
INCOME TAXES
INCOME TAXES
	NOTE 12INCOME TAXES
	Income tax expense for the three months ended April 4, 2015 and March 29, 2014 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 months ended April 4, 2015 and March 29, 2014 were 31.9% and 31.2%, respectively.
	The effective tax rates for the current year periods are lower than the U.S. statutory rate of 35% due primarily to 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	3 Months Ended
	Apr. 04, 2015
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 three months ended April 4, 2015, the Company repurchased 0.3 million shares for a total of $6.0 million under this program.  As of April 4, 2015, 3.0 million shares remained available for purchase under the program.
	During the three months ended April 4, 2015, the Company cancelled 0.2 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 $3.4 million at the time they were cancelled.

DEFINED_BENEFIT_PENSION_PLANS

DEFINED BENEFIT PENSION PLANS	3 Months Ended
	Apr. 04, 2015
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
		April 4,			March 29,
	(In thousands)	2015			2014
	Service cost	$	523		$	213
	Interest cost on benefit obligations	121			175
	Expected return on plan assets	(43		)	(70		)
	Amortization of net loss	92			45
		$	693		$	363

BUSINESS_SEGMENT_INFORMATION

BUSINESS SEGMENT INFORMATION	3 Months Ended
	Apr. 04, 2015
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 April 4, 2015:
	Sales to external customers	$	64,238		$	49,859		$	42,558	$	156,655
	Segment income	$	17,152		$	5,624		$	4,660	$	27,436
	Three months ended March 29, 2014:
	Sales to external customers	$	59,470		$	46,474		$	40,946	$	146,890
	Segment income	$	13,546		$	5,580		$	4,556	$	23,682
	The following table reconciles segment income to consolidated income before income taxes:
		Three Months Ended
		April 4,			March 29,
	(In thousands)	2015			2014
	Segment income	$	27,436		$	23,682
	Unallocated operating expenses	(12,719		)	(11,567		)
	(Loss) gain on disposal of assets	(1,088		)	411
	Interest and other expense, net	(903		)	(976		)
		$	12,726		$	11,550

ACQUISITIONS_OF_FEMTOLASERS_Ta

ACQUISITIONS OF FEMTOLASERS (Tables)	3 Months Ended
	Apr. 04, 2015
ACQUISITION OF FEMTOLASERS
Summary of the purchase price, assets acquired and liabilities assumed
	(In thousands)
	Assets acquired and liabilities assumed:
	Cash	$	78
	Accounts receivable	2,007
	Inventories	2,315
	Deferred tax assets	596
	Other assets	2,057
	Goodwill	7,841
	Developed technology	1,811
	In-process research and development	1,664
	Other intangible assets	543
	Accounts payable	(3,417		)
	Debt	(4,021		)
	Deferred tax liabilities	(1,005		)
	Other liabilities	(1,974		)
		$	8,495
Summary of actual net sales and net income of acquiree and pro forma net sales and net income
		Three Months Ended
		April 4,			March 29,
	(Unaudited, in thousands)	2015			2014
	Actual:
	Net sales	$	350		$	—
	Net loss attributable to Newport Corporation	$	(460	)	$	—
	Supplemental pro forma information:
	Net sales	$	156,924		$	149,328
	Net income attributable to Newport Corporation	$	8,999		$	7,758

MARKETABLE_SECURITIES_Tables

MARKETABLE SECURITIES (Tables)	3 Months Ended
	Apr. 04, 2015
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 April 4, 2015 were as follows:
		Aggregate		Aggregate Amount of
				Unrealized
	(In thousands)	Fair Value		Gains		Losses
	Money market funds	$	6	$	—	$	—
	Certificates of deposit	—		—		—
		$	6	$	—	$	—
	The aggregate fair value of available for sale securities and the aggregate amount of unrealized gains and losses in available for sale securities at January 3, 2015 were as follows:
		Aggregate		Aggregate Amount of
				Unrealized
	(In thousands)	Fair Value		Gains		Losses
	Money market funds	$	7	$	—	$	—
	Certificates of deposit	50		—		—
		$	57	$	—	$	—

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Apr. 04, 2015
FAIR VALUE MEASUREMENTS
Summary of the Company's assets and liabilities measured at fair value on a recurring basis
				Fair Value Measurements at Reporting Date Using
	(In thousands)	April 4, 2015		Quoted Prices in		Significant Other		Significant
	Description			Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs
				(Level 1)				(Level 3)
	Assets:
	Restricted Cash	$	1,524	$	1,524	$	—	$	—
	Marketable securities:
	Money market funds	6		6		—		—
	Derivative assets:
	Option contracts	159		—		159		—
	Funds in investments and other assets:
	Israeli pension funds	11,240		—		11,240		—
	Group insurance contracts	5,784		—		5,784		—
		17,024		—		17,024		—
		$	18,713	$	1,530	$	17,183	$	—
	Liabilities:
	Derivative liabilities:
	Option contracts	642		—		642		—
				Fair Value Measurements at Reporting Date Using
	(In thousands)	January 3, 2015		Quoted Prices in		Significant Other		Significant
	Description			Active Markets for		Observable Inputs		Unobservable
				Identical Assets		(Level 2)		Inputs
				(Level 1)				(Level 3)
	Assets:
	Restricted Cash	$	1,704	$	1,704	$	—	$	—
	Marketable securities:
	Money market funds	7		7		—		—
	Certificates of deposit	50		—		50		—
		57		7		50		—
	Derivative assets:
	Option contracts	103		—		103		—
	Funds in investments and other assets:
	Israeli pension funds	11,090		—		11,090
	Group insurance contracts	6,140		—		6,140		—
		17,230		—		17,230		—
		$	19,094	$	1,711	$	17,383	$	—
	Liabilities:
	Derivative liabilities:
	Option contracts	$	921	$	—	$	921	$	—
Summary of carrying amount and estimated fair values of financial instruments
		April 4, 2015				January 3, 2015
		Carrying				Carrying
	(In thousands)	Amount		Fair Value		Amount		Fair Value
	Short-term borrowings	$	3,567	$	3,567	$	3,772	$	3,772
	Long-term debt	$	78,000	$	77,298	$	71,000	$	69,761

SUPPLEMENTAL_BALANCE_SHEET_INF1

SUPPLEMENTAL BALANCE SHEET INFORMATION (Tables)	3 Months Ended
	Apr. 04, 2015
SUPPLEMENTAL BALANCE SHEET INFORMATION
Schedule of inventories
		April 4,			January 3,
	(In thousands)	2015			2015
	Raw materials and purchased parts	$	73,320		$	68,989
	Work in process	19,660			16,564
	Finished goods	28,208			26,887
	Short-term inventories	$	121,188		$	112,440
Schedule of long-term inventories
		April 4,			January 3,
	(In thousands)	2015			2015
	Raw materials and purchased parts	$	1,820		$	3,208
	Finished goods	2,858			3,856
	Long-term inventories	$	4,678		$	7,064
Schedule of activity in accrued warranty obligations
		Three Months Ended
		April 4,			March 29,
	(In thousands)	2015			2014
	Balance at beginning of year	$	3,556		$	3,285
	Additions charged to cost of sales	811			906
	Warranty claims	(808		)	(781		)
	Balance at end of period	$	3,559		$	3,410
Schedule of accrued expenses and other current liabilities
		April 4,			January 3,
	(In thousands)	2015			2015
	Deferred revenue	$	12,454		$	13,032
	Deferred lease liability	4,981			5,094
	Accrued income taxes	3,631			2,219
	Short-term accrued warranty obligations	3,315			3,324
	Other	9,846			8,128
		$	34,227		$	31,797
Schedule of accumulated other comprehensive loss
		April 4,			January 3,
	(In thousands)	2015			2015
	Cumulative foreign currency translation losses	$	(20,767	)	$	(14,556	)
	Unrecognized net pension losses, net of tax	(4,385		)	(4,855		)
	Unrealized gains on investments and marketable securities, net of tax	1,321			1,429
		$	(23,831	)	$	(17,982	)

GOODWILL_AND_INTANGIBLE_ASSETS1

GOODWILL AND INTANGIBLE ASSETS (Tables)	3 Months Ended
	Apr. 04, 2015
GOODWILL AND INTANGIBLE ASSETS
Schedule of changes in the carrying amount of goodwill
		Photonics			Lasers			Optics
	(In thousands)	Group			Group			Group			Total
	Balance at January 3, 2015:
	Goodwill	98,808			129,761			41,314			269,883
	Accumulated impairment losses	(47,458		)	(104,562		)	(20,339		)	(172,359		)
		51,350			25,199			20,975			97,524
	Goodwill allocated to acquisition	—			7,841			—			7,841
	Foreign currency impact	—			(722		)	—			(722		)
	Balance at April 4, 2015:
	Goodwill	98,808			136,880			41,314			277,002
	Accumulated impairment losses	(47,458		)	(104,562		)	(20,339		)	(172,359		)
		$	51,350		$	32,318		$	20,975		$	104,643
Schedule of intangible assets, excluding goodwill
		April 4,			January 3,
	(In thousands)	2015			2015
	Intangible assets subject to amortization:
	Developed technology, net of accumulated amortization of $10,170 and $16,782 as of April 4, 2015 and January 3, 2015, respectively	$	29,424		$	28,864
	Customer relationships, net of accumulated amortization of $18,748 and $37,312 as of April 4, 2015 and January 3, 2015, respectively	9,898			10,515
	In-process research and development, net of accumulated amortization of $1,110 and $1,496 as of April 4, 2015 and January 3, 2015, respectively	13,356			11,965
	Other, net of accumulated amortization of $1,071 and $6,299 as of April 4, 2015 and January 3, 2015, respectively	1,110			1,162
		53,788			52,506
	Intangible assets not subject to amortization:
	Trademarks and trade names	18,305			18,305
	Intangible assets, net	$	72,093		$	70,811
Schedule of estimated aggregate amortization expense for future fiscal years
	(In thousands)	Estimated
		Aggregate
		Amortization
		Expense
	2015 (remaining)	$	6,198
	2016	7,813
	2017	6,673
	2018	4,509
	2019	3,919
	Thereafter	17,462
		$	46,574

INTEREST_AND_OTHER_EXPENSE_NET1

INTEREST AND OTHER EXPENSE, NET (Tables)	3 Months Ended
	Apr. 04, 2015
INTEREST AND OTHER EXPENSE, NET
Interest and other expense, net
		Three Months Ended
		April 4,			March 29,
	(In thousands)	2015			2014
	Interest expense	$	(565	)	$	(661	)
	Interest and dividend income	41			53
	Derivative loss	(124		)	(12		)
	Bank and portfolio asset management fees	(354		)	(260		)
	Other income (expense), net	99			(96		)
		$	(903	)	$	(976	)

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Apr. 04, 2015
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
		April 4,		March 29,
	(In thousands)	2015		2014
	Cost of sales	$	396	$	212
	Selling, general and administrative expenses	3,196		1,836
	Research and development expense	492		289
		$	4,084	$	2,337

DEBT_AND_LINES_OF_CREDIT_Table

DEBT AND LINES OF CREDIT (Tables)	3 Months Ended
	Apr. 04, 2015
DEBT AND LINES OF CREDIT
Schedule of short-term borrowings
		April 4,		January 3,
	(In thousands)	2015		2015
	Japanese revolving lines of credit	$	2,851	$	3,163
	Japanese receivables financing facilities	277		25
	Israeli loans due October 2015	439		584
	Total short-term borrowings	$	3,567	$	3,772
Schedule of long-term debt
		April 4,		January 3,
	(In thousands)	2015		2015
	U.S. revolving line of credit expiring July 2018	$	78,000	$	71,000

NET_INCOME_PER_SHARE_Tables

NET INCOME PER SHARE (Tables)	3 Months Ended
	Apr. 04, 2015
NET INCOME PER SHARE
Schedule of basic and diluted net income per share
		Three Months Ended
		April 4,		March 29,
	(In thousands, except per share data)	2015		2014
	Net income attributable to Newport Corporation	$	8,664	$	7,886
	Shares:
	Weighted average shares outstanding - basic	39,601		39,525
	Dilutive potential common shares, using treasury stock method	959		974
	Weighted average shares outstanding - diluted	40,560		40,499
	Net income per share attributable to Newport Corporation:
	Basic	$	0.22	$	0.20
	Diluted	$	0.21	$	0.19

DEFINED_BENEFIT_PENSION_PLANS_

DEFINED BENEFIT PENSION PLANS (Tables)	3 Months Ended
	Apr. 04, 2015
DEFINED BENEFIT PENSION PLANS
Aggregate net periodic benefit costs for the plans
		Three Months Ended
		April 4,			March 29,
	(In thousands)	2015			2014
	Service cost	$	523		$	213
	Interest cost on benefit obligations	121			175
	Expected return on plan assets	(43		)	(70		)
	Amortization of net loss	92			45
		$	693		$	363

BUSINESS_SEGMENT_INFORMATION_T

BUSINESS SEGMENT INFORMATION (Tables)	3 Months Ended
	Apr. 04, 2015
BUSINESS SEGMENT INFORMATION
Schedule of selected segment financial information
	(In thousands)	Photonics			Lasers			Optics		Total
	Three months ended April 4, 2015:
	Sales to external customers	$	64,238		$	49,859		$	42,558	$	156,655
	Segment income	$	17,152		$	5,624		$	4,660	$	27,436
	Three months ended March 29, 2014:
	Sales to external customers	$	59,470		$	46,474		$	40,946	$	146,890
	Segment income	$	13,546		$	5,580		$	4,556	$	23,682
Schedule of reconciliation of segment income to consolidated income before income taxes
		Three Months Ended
		April 4,			March 29,
	(In thousands)	2015			2014
	Segment income	$	27,436		$	23,682
	Unallocated operating expenses	(12,719		)	(11,567		)
	(Loss) gain on disposal of assets	(1,088		)	411
	Interest and other expense, net	(903		)	(976		)
		$	12,726		$	11,550

RECENT_ACCOUNTING_PRONOUNCEMEN1

RECENT ACCOUNTING PRONOUNCEMENTS (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
RECENT ACCOUNTING PRONOUNCEMENTS
Investments and other assets	$27,494	$30,516
Long-term debt	78,000	71,000
New accounting pronouncement early adoption, effect
RECENT ACCOUNTING PRONOUNCEMENTS
Investments and other assets	-1,000
Long-term debt	($1,000)

ACQUISITION_OF_FEMTOLASERS_Det

ACQUISITION OF FEMTOLASERS (Details) (FEMTOLASERS)	0 Months Ended		3 Months Ended
	Feb. 11, 2015	Feb. 11, 2015	Apr. 04, 2015	Mar. 29, 2014	Feb. 11, 2015	Feb. 11, 2015	Feb. 11, 2015	Feb. 11, 2015	Feb. 11, 2015	Feb. 11, 2015
	USD ($)	EUR (€)	USD ($)	USD ($)	USD ($)	EUR (€)	Developed technology	In-process research and development	Other intangible assets	Selling, general and administrative expenses
							USD ($)	USD ($)	USD ($)	USD ($)
ACQUISITIONS AND FEMTOLASERS
Initial purchase price		€ 9,100,000
Reduction in purchase price due to net asset adjustment		1,600,000
Adjusted purchase price	8,500,000	7,500,000
Purchase price deposited at closing into escrow account						2,300,000
Time period for depositing into escrow from the date of closing	30 months	30 months
Transaction costs incurred										400,000
Repayment of outstanding loan	4,000,000	3,600,000
Purchase price, assets acquired and liabilities assumed
Cash					78,000
Accounts receivable					2,007,000
Inventories					2,315,000
Deferred tax assets					596,000
Other assets					2,057,000
Goodwill					7,841,000
Intangible assets							1,811,000	1,664,000	543,000
Accounts payable					-3,417,000
Debt					-4,021,000
Deferred tax liabilities					-1,005,000
Other liabilities					-1,974,000
Assets acquired and liabilities assumed, total					8,495,000
Supplemental pro forma financial information, Actual
Net sales			350,000
Net loss attributable to Newport Corporation			-460,000
Supplemental pro forma information:
Net sales			156,924,000	149,328,000
Net income attributable to Newport Corporation			8,999,000	7,758,000
Pro forma increase (decrease) in amortization expense			100,000	100,000
Transaction costs excluded from pro forma net income			$400,000	$400,000

MARKETABLE_SECURITIES_Details

MARKETABLE SECURITIES (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Aggregate fair value and aggregate amount of unrealized gains and losses
Available For Sale Securities, Current	$6	$57
Fair Value | Fair Value Measurements, Recurring basis
Aggregate fair value and aggregate amount of unrealized gains and losses
Available For Sale Securities, Current	6	57
Money market funds | Fair Value | Fair Value Measurements, Recurring basis
Aggregate fair value and aggregate amount of unrealized gains and losses
Available For Sale Securities, Current	6	7
Certificates of deposit | Fair Value | Fair Value Measurements, Recurring basis
Aggregate fair value and aggregate amount of unrealized gains and losses
Available For Sale Securities, Current		$50

MARKETABLE_SECURITIES_Details_

MARKETABLE SECURITIES (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
Gross realized gains and losses on sales of available for sale securities
Gross realized gains and (losses)	$0	$0

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Assets:
Restricted Cash	$1,524	$1,704
Available For Sale Securities, Current	6	57
Quoted Prices in Active Markets for Identical Assets (Level 1) | Fair Value Measurements, Recurring basis
Assets:
Restricted Cash	1,524	1,704
Available For Sale Securities, Current		7
Total assets	1,530	1,711
Quoted Prices in Active Markets for Identical Assets (Level 1) | Money market funds | Fair Value Measurements, Recurring basis
Assets:
Available For Sale Securities, Current	6	7
Significant Other Observable Inputs (Level 2) | Fair Value Measurements, Recurring basis
Assets:
Available For Sale Securities, Current		50
Funds in investments and other assets	17,024	17,230
Total assets	17,183	17,383
Significant Other Observable Inputs (Level 2) | Option contracts | Fair Value Measurements, Recurring basis
Liabilities:
Derivative liabilities	642	921
Significant Other Observable Inputs (Level 2) | Certificates of deposit | Fair Value Measurements, Recurring basis
Assets:
Available For Sale Securities, Current		50
Significant Other Observable Inputs (Level 2) | Option contracts | Fair Value Measurements, Recurring basis
Assets:
Derivative assets:	159	103
Significant Other Observable Inputs (Level 2) | Israeli pension funds | Fair Value Measurements, Recurring basis
Assets:
Funds in investments and other assets	11,240	11,090
Significant Other Observable Inputs (Level 2) | Group insurance contracts | Fair Value Measurements, Recurring basis
Assets:
Funds in investments and other assets	5,784	6,140
Fair Value | Fair Value Measurements, Recurring basis
Assets:
Restricted Cash	1,524	1,704
Available For Sale Securities, Current	6	57
Funds in investments and other assets	17,024	17,230
Total assets	18,713	19,094
Fair Value | Option contracts | Fair Value Measurements, Recurring basis
Liabilities:
Derivative liabilities	642	921
Fair Value | Money market funds | Fair Value Measurements, Recurring basis
Assets:
Available For Sale Securities, Current	6	7
Fair Value | Certificates of deposit | Fair Value Measurements, Recurring basis
Assets:
Available For Sale Securities, Current		50
Fair Value | Option contracts | Fair Value Measurements, Recurring basis
Assets:
Derivative assets:	159	103
Fair Value | Israeli pension funds | Fair Value Measurements, Recurring basis
Assets:
Funds in investments and other assets	11,240	11,090
Fair Value | Group insurance contracts | Fair Value Measurements, Recurring basis
Assets:
Funds in investments and other assets	$5,784	$6,140

FAIR_VALUE_MEASUREMENTS_Detail1

FAIR VALUE MEASUREMENTS (Details 2) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Carrying Amount
Carrying amount and estimated fair values of financial instruments
Short-term borrowings	$3,567	$3,772
Long-term debt	78,000	71,000
Fair Value
Carrying amount and estimated fair values of financial instruments
Short-term borrowings	3,567	3,772
Long-term debt	$77,298	$69,761

SUPPLEMENTAL_BALANCE_SHEET_INF2

SUPPLEMENTAL BALANCE SHEET INFORMATION (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Short-term inventories
Raw materials and purchased parts	$73,320	$68,989
Work in process	19,660	16,564
Finished goods	28,208	26,887
Short-term inventories	121,188	112,440
Long-term Inventories
Raw materials and purchased parts	1,820	3,208
Finished goods	2,858	3,856
Long-term inventories	$4,678	$7,064

SUPPLEMENTAL_BALANCE_SHEET_INF3

SUPPLEMENTAL BALANCE SHEET INFORMATION (Details 2)	3 Months Ended
	Apr. 04, 2015
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 $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014	Jan. 03, 2015
Accrued Warranty Obligations
Balance at beginning of year	$3,556	$3,285
Additions charged to cost of sales	811	906
Warranty claims	-808	-781
Balance at end of period	3,559	3,410
Accrued Expenses and Other Current Liabilities
Deferred revenue	12,454		13,032
Deferred lease liability	4,981		5,094
Accrued income taxes	3,631		2,219
Short-term accrued warranty obligations	3,315		3,324
Other	9,846		8,128
Accrued expenses and other current liabilities, total	34,227		31,797
Accumulated Other Comprehensive Loss
Cumulative foreign currency translation losses	-20,767		-14,556
Unrecognized net pension losses, net of tax	-4,385		-4,855
Unrealized gains on investment and marketable securities, net of tax	1,321		1,429
Accumulated other comprehensive loss	($23,831)		($17,982)

GOODWILL_AND_INTANGIBLE_ASSETS2

GOODWILL AND INTANGIBLE ASSETS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Jan. 03, 2015
Changes in the carrying amount of goodwill
Goodwill, gross at the beginning of the period	$269,883
Accumulated impairment losses at the beginning of the period	-172,359
Goodwill, Beginning Balance	97,524
Goodwill acquired	7,841
Foreign currency impact	-722
Goodwill, gross at the end of the period	277,002
Accumulated impairment losses at the end of the period	-172,359
Goodwill, Ending Balance	104,643
Photonics
Changes in the carrying amount of goodwill
Goodwill, gross at the beginning of the period		98,808
Accumulated impairment losses at the beginning of the period		-47,458
Goodwill, Beginning Balance		51,350
Goodwill, gross at the end of the period	98,808	98,808
Accumulated impairment losses at the end of the period	-47,458	-47,458
Goodwill, Ending Balance	51,350	51,350
Lasers
Changes in the carrying amount of goodwill
Goodwill, gross at the beginning of the period	129,761
Accumulated impairment losses at the beginning of the period	-104,562
Goodwill, Beginning Balance	25,199
Goodwill acquired	7,841
Foreign currency impact	-722
Goodwill, gross at the end of the period	136,880
Accumulated impairment losses at the end of the period	-104,562
Goodwill, Ending Balance	32,318
Optics
Changes in the carrying amount of goodwill
Goodwill, gross at the beginning of the period		41,314
Accumulated impairment losses at the beginning of the period		-20,339
Goodwill, Beginning Balance		20,975
Goodwill, gross at the end of the period	41,314	41,314
Accumulated impairment losses at the end of the period	-20,339	-20,339
Goodwill, Ending Balance	$20,975	$20,975

GOODWILL_AND_INTANGIBLE_ASSETS3

GOODWILL AND INTANGIBLE ASSETS (Details 2) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Intangible assets subject to amortization:
Intangible assets	$53,788	$52,506
Developed technology
Intangible assets subject to amortization:
Intangible assets	29,424	28,864
Accumulated amortization	10,170	16,782
Customer relationships
Intangible assets subject to amortization:
Intangible assets	9,898	10,515
Accumulated amortization	18,748	37,312
In-process research and development
Intangible assets subject to amortization:
Intangible assets	13,356	11,965
Accumulated amortization	1,110	1,496
Other intangible assets
Intangible assets subject to amortization:
Intangible assets	1,110	1,162
Accumulated amortization	$1,071	$6,299

GOODWILL_AND_INTANGIBLE_ASSETS4

GOODWILL AND INTANGIBLE ASSETS (Details 3) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Intangible assets subject to amortization:
Intangible assets	$53,788	$52,506
Intangible assets not subject to amortization:
Trademarks and trade names	18,305	18,305
Intangible assets, net	$72,093	$70,811

GOODWILL_AND_INTANGIBLE_ASSETS5

GOODWILL AND INTANGIBLE ASSETS (Details 4) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
Intangible assets, excluding goodwill
Amortization expense related to intangible assets	$2.10	$2.50
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

GOODWILL_AND_INTANGIBLE_ASSETS6

GOODWILL AND INTANGIBLE ASSETS (Details 5) (USD $)	Apr. 04, 2015
Estimated aggregate amortization expense
2015 (remaining)	$6,198,000
2016	7,813,000
2017	6,673,000
2018	4,509,000
2019	3,919,000
Thereafter	17,462,000
Total estimated future amortization expense	46,574,000
Future IPR&D expense excluded from estimated future expense	$7,200,000

INTEREST_AND_OTHER_EXPENSE_NET2

INTEREST AND OTHER EXPENSE, NET (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
INTEREST AND OTHER EXPENSE, NET
Interest expense	($565)	($661)
Interest and dividend income	41	53
Derivative loss	-124	-12
Bank and portfolio asset management fees	-354	-260
Other income (expense), net	99	-96
Total	($903)	($976)

STOCKBASED_COMPENSATION_Detail

STOCK-BASED COMPENSATION (Details) (USD $)	3 Months Ended
	Apr. 04, 2015	Mar. 29, 2014
Total stock-based compensation expense included in the Company's consolidated statements of operations
Stock-based compensation expense	$4,084,000	$2,337,000
Unrecognized total compensation cost
Unrecognized stock-based compensation expense related to non-vested stock-based awards	14,500,000
Weighted-average period over which unrecognized stock-based compensation cost is expected to be recognized	1 year 8 months 12 days
Cost of sales
Total stock-based compensation expense included in the Company's consolidated statements of operations
Stock-based compensation expense	396,000	212,000
Selling, general and administrative expenses
Total stock-based compensation expense included in the Company's consolidated statements of operations
Stock-based compensation expense	3,196,000	1,836,000
Research and development expense.
Total stock-based compensation expense included in the Company's consolidated statements of operations
Stock-based compensation expense	$492,000	$289,000

STOCKBASED_COMPENSATION_Detail1

STOCK-BASED COMPENSATION (Details 2) (USD $)	3 Months Ended
In Millions, except Share data, unless otherwise specified	Apr. 04, 2015
Stock Options
Stock-based compensation
Stock options outstanding (in shares)	42,000
Stock options outstanding, weighted average exercise price (in dollars per share)	$13.79
Stock options outstanding, intrinsic value	$0.20
Stock options outstanding, remaining contractual term	8 months 12 days
Stock options exercisable (in shares)	42,000
Stock options exercisable, weighted average exercise price (in dollars per share)	$13.79
Stock options exercisable, intrinsic value	0.2
Stock options exercisable, remaining contractual term	8 months 12 days
Stock appreciation rights
Stock-based compensation
Stock appreciation rights outstanding (in shares)	2,000,000
Stock appreciation rights outstanding, weighted average base value (in dollars per share)	$14.72
Stock appreciation rights outstanding, intrinsic value	8.8
Stock appreciation rights outstanding, remaining contractual term	4 years 4 months 24 days
Stock appreciation rights exercisable (in shares)	1,400,000
Stock appreciation rights exercisable, weighted-average base value (in dollars per share)	$13.92
Stock appreciation rights exercisable, intrinsic value	$7.40
Stock appreciation rights exercisable, remaining contractual term	3 years 9 months 18 days

DEBT_AND_LINES_OF_CREDIT_Detai

DEBT AND LINES OF CREDIT (Details) (USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Short-term borrowings
Total short-term borrowings	$3,567	$3,772
Foreign line of credit | Revolving line of credit | Japanese revolving lines of credit
Short-term borrowings
Total short-term borrowings	2,851	3,163
Receivables financing | Japanese receivables financing facilities
Short-term borrowings
Total short-term borrowings	277	25
Loans | Israeli loans due October 2015
Short-term borrowings
Total short-term borrowings	$439	$584

DEBT_AND_LINES_OF_CREDIT_Detai1

DEBT AND LINES OF CREDIT (Details 2) (Secured debt, Revolving line of credit, U.S. revolving line of credit expiring July 2018, USD $)	Apr. 04, 2015	Jan. 03, 2015
In Thousands, unless otherwise specified
Secured debt | Revolving line of credit | U.S. revolving line of credit expiring July 2018
Long-term debt
Total long-term debt	$78,000	$71,000

NET_INCOME_PER_SHARE_Details

NET INCOME PER SHARE (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
NET INCOME PER SHARE
Net income attributable to Newport Corporation	$8,664	$7,886
Shares:
Weighted average shares outstanding - basic	39,601	39,525
Dilutive potential common shares, using treasury stock method	959	974
Weighted average shares outstanding - diluted	40,560	40,499
Net income per share attributable to Newport Corporation:
Basic (in dollars per share)	$0.22	$0.20
Diluted (in dollars per share)	$0.21	$0.19

NET_INCOME_PER_SHARE_Details_2

NET INCOME PER SHARE (Details 2) (Stock options and stock appreciation rights)	3 Months Ended
In Millions, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
Stock options and stock appreciation rights
Net income per share
Antidilutive securities excluded from computation of earnings per share, amount	0.6	0.1

INCOME_TAXES_Details

INCOME TAXES (Details)	3 Months Ended
	Apr. 04, 2015	Mar. 29, 2014
INCOME TAXES
Effective rate	31.90%	31.20%
U.S. statutory rate	35.00%

STOCKHOLDERS_EQUITY_TRANSACTIO1

STOCKHOLDERS' EQUITY TRANSACTIONS (Details) (USD $)	3 Months Ended
In Thousands, except Share data in Millions, unless otherwise specified	Apr. 04, 2015	31-May-08
STOCKHOLDERS' EQUITY TRANSACTIONS
Shares of common stock authorized to be repurchased		4
Purchases made under the program	0.3
Shares repurchased, value (in dollars)	$5,995
Remaining shares to be repurchased	3

STOCKHOLDERS_EQUITY_TRANSACTIO2

STOCKHOLDERS' EQUITY TRANSACTIONS (Details 2) (Restricted stock units, USD $)	3 Months Ended
In Millions, unless otherwise specified	Apr. 04, 2015
Restricted stock units
Stock-based compensation
Cancelled (in shares)	0.2
Cancelled, value	$3.40

DEFINED_BENEFIT_PENSION_PLANS_1

DEFINED BENEFIT PENSION PLANS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
Net periodic benefit costs
Service cost	$523	$213
Interest cost on benefit obligations	121	175
Expected return on plan assets	-43	-70
Amortization of net loss	92	45
Total	$693	$363

BUSINESS_SEGMENT_INFORMATION_D

BUSINESS SEGMENT INFORMATION (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
	segment
Segment Reporting Information, by Segment
Number of operating segments	3
Sales to external customers	$156,655	$146,890
Segment income	13,629	12,526
Photonics
Segment Reporting Information, by Segment
Sales to external customers	64,238	59,470
Lasers
Segment Reporting Information, by Segment
Sales to external customers	49,859	46,474
Optics
Segment Reporting Information, by Segment
Sales to external customers	42,558	40,946
Operating segments
Segment Reporting Information, by Segment
Segment income	27,436	23,682
Operating segments | Photonics
Segment Reporting Information, by Segment
Segment income	17,152	13,546
Operating segments | Lasers
Segment Reporting Information, by Segment
Segment income	5,624	5,580
Operating segments | Optics
Segment Reporting Information, by Segment
Segment income	$4,660	$4,556

BUSINESS_SEGMENT_INFORMATION_D1

BUSINESS SEGMENT INFORMATION (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 04, 2015	Mar. 29, 2014
Reconciliation of segment income to consolidated income before income taxes
Segment income	$13,629	$12,526
(Loss) gain on disposal of assets	-1,088	411
Interest and other expense, net	-903	-976
Income before income taxes	12,726	11,550
Operating segments
Reconciliation of segment income to consolidated income before income taxes
Segment income	27,436	23,682
Unallocated amount to segment
Reconciliation of segment income to consolidated income before income taxes
Unallocated operating expenses	($12,719)	($11,567)