Segment Information (Tables)

12 Months Ended

Dec. 31, 2014

Summary of Financial Information for Reportable Segments

(In thousands)	2014		2013		2012
Net sales:
CMH	$	653,964	$	609,826	$	630,929
EM	308,105		83,633		84,974
Total net sales	$	962,069	$	693,459	$	715,903
(In thousands)	2014		2013		2012
Segment profit:
CMH	$	138,379	$	128,910	$	144,758
EM	90,121		20,034		21,051
Total segment profit	$	228,500	$	148,944	$	165,809
(In thousands)	2014		2013		2012
Total assets:
CMH	$	500,575	$	395,291	$	362,672
EM	804,889		46,831		41,348
Corporate	456,627		433,172		407,524
Total assets	$	1,762,091	$	875,294	$	811,544

(In thousands)	2014		2013		2012
Depreciation and amortization:
CMH	$	37,455	$	32,797	$	31,612
EM	41,671		4,238		4,358
Corporate	4,578		1,780		1,637
Total depreciation and amortization	$	83,704	$	38,815	$	37,607
(In thousands)	2014		2013		2012
Capital expenditures:
CMH	$	33,619	$	49,893	$	40,683
EM	19,450		6,842		5,579
Corporate	4,664		3,625		3,667
Total capital expenditures	$	57,733	$	60,360	$	49,929

Reconciliation of Total Segment Profit to Operating Income

The following table reconciles total segment profit to income before income taxes and equity in net loss (income) of affiliates:

(In thousands)	2014			2013			2012
Total segment profit	$	228,500		$	148,944		$	165,809
Less:
Charge for fair value write-up of acquired inventory sold	48,586			—			—
Amortization of intangibles	37,067			9,347			9,594
Contingent consideration fair value adjustment	(1,282		)	(1,813		)	—
Unallocated general and administrative expenses	122,775			47,173			56,771
Operating income	21,354			94,237			99,444
Interest expense	33,355			153			271
Interest income	(1,336		)	(317		)	(281		)
Other expense (income), net	2,727			(1,794		)	(249		)
(Loss) income before income tax (benefit) expense and equity in net loss (income) of affiliates	$	(13,392	)	$	96,195		$	99,703

Amortization of Intangibles

The table below sets forth the amortization expense for the years ended December 31, 2014, 2013, and 2012:

(In thousands)	2014		2013		2012
Amortization expense	$	37,067	$	9,347	$	9,594

The following table presents amortization of intangibles for each of the Company’s segments for the years ended December 31, 2014, 2013 and 2012:

(In thousands)	2014		2013		2012
Amortization of intangibles:
CMH	$	10,180	$	8,620	$	8,772
EM	26,887		727		822
	$	37,067	$	9,347	$	9,594

Summary of Total Net Sales to External Customers

The following table summarizes total net sales, based upon the country to which sales to external customers were made for the years ended December 31, 2014, 2013 and 2012:

(In thousands)	2014		2013		2012
Net sales:
United States	$	239,040	$	201,380	$	218,903
Japan	121,452		101,529		131,521
Germany	27,867		23,240		24,437
Taiwan	230,824		128,194		126,732
Singapore	46,051		30,942		25,607
South Korea	122,328		76,353		70,763
China	66,186		36,299		31,499
Other	108,321		95,522		86,441
	$	962,069	$	693,459	$	715,903

Summary of Property, Plant and Equipment Attributed to Significant Countries

The following table summarizes property, plant and equipment, net, attributed to significant countries for the years ended December 31, 2014, 2013 and 2012:

(In thousands)	2014		2013		2012
Property, plant and equipment:
United States	$	222,125	$	123,846	$	86,476
Korea	32,163		4,422		4,946
Japan	22,261		24,007		27,024
Malaysia	20,607		23,801		28,398
Other	16,413		10,364		10,177
	$	313,569	$	186,440	$	157,021