|
Exhibit A |
||||||||||
|
MTS SYSTEMS CORPORATION |
||||||||||
|
Segment Financial Information |
||||||||||
|
(unaudited - in thousands) |
||||||||||
|
Three Months Ended |
||||||||||
|
March 30,
|
March 31,
|
% Variance |
||||||||
|
Test & Simulation Segment |
||||||||||
|
Revenue |
$ |
151,032 |
$ |
110,238 |
37 |
% |
||||
|
Cost of sales |
103,742 |
76,011 |
36 |
% |
||||||
|
Gross profit |
47,290 |
34,227 |
38 |
% |
||||||
|
Gross margin |
31.3 |
% |
31.0 |
% |
||||||
|
Operating expenses |
34,606 |
30,932 |
12 |
% |
||||||
|
Income from operations |
$ |
12,684 |
$ |
3,295 |
285 |
% |
||||
|
Sensors Segment |
||||||||||
|
Revenue |
$ |
82,375 |
$ |
81,542 |
1 |
% |
||||
|
Cost of sales |
42,301 |
40,922 |
3 |
% |
||||||
|
Gross profit |
40,074 |
40,620 |
(1) |
% |
||||||
|
Gross margin |
48.6 |
% |
49.8 |
% |
||||||
|
Operating expenses |
28,570 |
27,283 |
5 |
% |
||||||
|
Income from operations |
$ |
11,504 |
$ |
13,337 |
(14) |
% |
||||
|
Intersegment Eliminations |
||||||||||
|
Revenue |
$ |
(361) |
$ |
(457) |
||||||
|
Cost of sales |
(347) |
(435) |
||||||||
|
Gross profit |
(14) |
(22) |
||||||||
|
Income (loss) from operations |
$ |
(14) |
$ |
(22) |
||||||
|
Total Company |
||||||||||
|
Revenue |
$ |
233,046 |
$ |
191,323 |
22 |
% |
||||
|
Cost of sales |
145,696 |
116,498 |
25 |
% |
||||||
|
Gross profit |
87,350 |
74,825 |
17 |
% |
||||||
|
Gross margin |
37.5 |
% |
39.1 |
% |
||||||
|
Operating expenses |
63,176 |
58,215 |
9 |
% |
||||||
|
Income from operations |
$ |
24,174 |
$ |
16,610 |
46 |
% |
||||
