VSEA » Topics » Backlog

These excerpts taken from the VSEA 10-K filed Nov 26, 2008.

Backlog

Varian Semiconductor had backlog of $133.8 million and $179.0 million at the end of fiscal years 2008 and 2007, respectively. Varian Semiconductor includes in its backlog only those orders for which it has accepted purchase orders and assigned system shipment dates within the following twelve months. Orders are typically subject to cancellation or rescheduling by customers. Due to possible changes in system delivery schedules, cancellation of orders and delays in systems shipments, Varian Semiconductor’s backlog at any particular date is not necessarily an accurate predictor of revenue for any succeeding period.

Backlog

Varian Semiconductor had backlog of $133.8 million and $179.0 million at the end of fiscal years 2008 and 2007, respectively. Varian Semiconductor
includes in its backlog only those orders for which it has accepted purchase orders and assigned system shipment dates within the following twelve months. Orders are typically subject to cancellation or rescheduling by customers. Due to possible
changes in system delivery schedules, cancellation of orders and delays in systems shipments, Varian Semiconductor’s backlog at any particular date is not necessarily an accurate predictor of revenue for any succeeding period.

STYLE="margin-top:18px;margin-bottom:0px">Manufacturing

Varian Semiconductor manufactures its products at its
facility in Gloucester, Massachusetts. Varian Semiconductor benefits from the use of advanced manufacturing methods and technologies, including lean manufacturing and demand flow technology.

STYLE="margin-top:12px;margin-bottom:0px">Varian Semiconductor purchases materials from multiple suppliers worldwide. Varian Semiconductor closely monitors overall demand and supply processes worldwide to ensure
continuous availability. Additionally, long-lead agreements with suppliers are employed to provide a strategic safety stock at supplier locations.

Varian
Semiconductor concentrates on product design characterization, high-level assembly and tests to reduce cycle time and improve its responsiveness in an inherently cyclical capital equipment market. Varian Semiconductor believes that outsourcing
non-core competency assemblies enables it to minimize its fixed costs and capital expenditures, while also providing the flexibility to increase or decrease production capacity. Varian Semiconductor purchases materials and components that are either
standard products or built to Varian Semiconductor’s specifications. This strategy also allows Varian Semiconductor to focus on product differentiation through system design and quality control. Varian Semiconductor’s manufactured
subsystems incorporate advanced technologies in robotics, vacuum and microcomputers. Varian Semiconductor works

 


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closely with its suppliers to achieve mutual cost reductions through joint design efforts. Varian Semiconductor manufactures and tests selected components
and systems in clean-room environments that are similar to the clean-rooms used by semiconductor manufacturers for wafer fabrication. This procedure is intended to reduce installation and production qualification times and the amount of particulates
and other contaminants in the assembled system, which in turn improves yield and reduces downtime for the customer.

Quality efforts at Varian
Semiconductor begin with product development. Varian Semiconductor uses three dimensional computer-aided design, finite element analysis and other computer-based modeling methods to engineer and validate new designs. Product design is tested
throughout all stages of development and validated through use of a “phase-gate” product introduction process before the first production system is built. Concurrent engineering programs coupled with product transition strategies integrate
new designs into manufacturing quickly and successfully.

This excerpt taken from the VSEA 10-K filed Nov 21, 2007.

Backlog

Varian Semiconductor had backlog of $179.0 million and $255.1 million at the end of fiscal years 2007 and 2006, respectively. Varian Semiconductor includes in its backlog only those orders for which it has accepted purchase orders and assigned system shipment dates within the following twelve months. Orders are typically subject to cancellation or rescheduling by customers. Due to possible changes in system delivery schedules, cancellation of orders and delays in systems shipments, Varian Semiconductor’s backlog at any particular date is not necessarily an accurate predictor of revenue for any succeeding period.

This excerpt taken from the VSEA 10-K filed Dec 7, 2006.

Backlog

 

Varian Semiconductor had backlog of $255.1 million and $166.6 million at the end of fiscal years 2006 and 2005, respectively. Varian Semiconductor includes in its backlog only those orders for which it has accepted purchase orders and assigned system shipment dates within the following twelve months. Orders are typically subject to cancellation or rescheduling by customers. Due to possible changes in system delivery schedules, cancellation of orders and delays in systems shipments, Varian Semiconductor’s backlog at any particular date is not necessarily an accurate predictor of revenue for any succeeding period.

 

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This excerpt taken from the VSEA 10-K filed Dec 13, 2005.

Backlog

 

Varian Semiconductor had backlog of $166.6 million and $184.4 million at the end of fiscal years 2005 and 2004, respectively. Varian Semiconductor includes in its backlog only those orders for which it has accepted purchase orders and assigned system shipment dates within the following twelve months. Orders are typically subject to cancellation or rescheduling by customers. Due to possible changes in system delivery schedules, cancellation of orders and delays in systems shipments, Varian Semiconductor’s backlog at any particular date is not necessarily an accurate predictor of revenue for any succeeding period.

 

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