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Segment Reporting (Tables)
9 Months Ended
Sep. 28, 2013
Summary of Financial Information for Reportable Segments
Summarized financial information for the Company’s reportable segments is shown in the following table:
 
 
Three months ended
 
Nine months ended
(In thousands)
September 28, 2013
 
September 29, 2012
 
September 28, 2013
 
September 29, 2012
Net sales
 
 
 
 
 
 
 
CCS
$
105,150

 
$
112,876

 
$
323,745

 
$
351,572

ME
42,520

 
54,421

 
132,521

 
139,691

SMD
16,915

 
17,152

 
50,933

 
56,822

Total net sales
$
164,585

 
$
184,449

 
$
507,199

 
$
548,085

 
 
Three months ended
 
Nine months ended
(In thousands)
September 28, 2013
 
September 29, 2012
 
September 28, 2013
 
September 29, 2012
Segment profit
 
 
 
 
 
 
 
CCS
$
25,044

 
$
27,166

 
$
75,703

 
$
93,917

ME
8,635

 
16,771

 
27,324

 
30,823

SMD
2,001

 
2,112

 
6,117

 
11,184

Total segment profit
$
35,680

 
$
46,049

 
$
109,144

 
$
135,924

Reconciliation of Total Segment Profit to Operating Income
The following table reconciles total segment profit to operating income:
 
 
Three months ended
 
Nine months ended
(In thousands)
September 28, 2013
 
September 29, 2012
 
September 28, 2013
 
September 29, 2012
Total segment profit
$
35,680

 
$
46,049

 
$
109,144

 
$
135,924

Amortization of intangible assets
(2,343
)
 
(2,389
)
 
(6,989
)
 
(7,259
)
Contingent consideration fair value adjustment
1,813

 

 
1,813

 

Unallocated general and administrative expenses
(11,241
)
 
(16,526
)
 
(33,425
)
 
(43,163
)
Operating income
23,909

 
27,134

 
70,543

 
85,502

Other expense (income), net
963

 
1,441

 
(1,295
)
 
636

Income before income taxes and equity in net income of affiliates
$
22,946

 
$
25,693

 
$
71,838

 
$
84,866