Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Summary of Financial Information for Reportable Segments

(In thousands)	2015		2014		2013
Net sales:
CMH	$	671,331	$	653,964	$	609,826
EM	409,790		308,105		83,633
Total net sales	$	1,081,121	$	962,069	$	693,459
(In thousands)	2015		2014		2013
Segment profit:
CMH	$	155,212	$	138,379	$	128,910
EM	94,653		90,121		20,034
Total segment profit	$	249,865	$	228,500	$	148,944
(In thousands)	2015		2014		2013
Total assets:
CMH	$	489,433	$	500,575	$	395,291
EM	765,955		804,889		46,831
Corporate	402,552		456,627		433,172
Total assets	$	1,657,940	$	1,762,091	$	875,294

(In thousands)	2015		2014		2013
Depreciation and amortization:
CMH	$	37,521	$	37,455	$	32,797
EM	59,297		41,671		4,238
Corporate	4,836		4,578		1,780
Total depreciation and amortization	$	101,654	$	83,704	$	38,815
(In thousands)	2015		2014		2013
Capital expenditures:
CMH	$	43,646	$	33,619	$	49,893
EM	22,863		19,450		6,842
Corporate	5,468		4,664		3,625
Total capital expenditures	$	71,977	$	57,733	$	60,360

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)	2015			2014			2013
Total segment profit	$	249,865		$	228,500		$	148,944
Less:
Charge for fair value write-up of acquired inventory sold	—			48,586			—
Amortization of intangibles	47,349			37,067			9,347
Contingent consideration fair value adjustment	—			(1,282		)	(1,813		)
Unallocated general and administrative expenses	84,448			122,775			47,173
Operating income	118,068			21,354			94,237
Interest expense	38,667			33,355			153
Interest income	(429		)	(1,336		)	(317		)
Other (income) expense, net	(12,355		)	2,727			(1,794		)
Income (loss) before income tax expense (benefit) and equity in net loss of affiliates	$	92,185		$	(13,392	)	$	96,195

Amortization of Intangibles

The table below sets forth the amortization expense for the years ended December 31, 2015, 2014, and 2013:

(In thousands)	2015		2014		2013
Amortization expense	$	47,349	$	37,067	$	9,347

The following table presents amortization of intangibles for each of the Company’s segments for the years ended December 31, 2015, 2014 and 2013:

(In thousands)	2015		2014		2013
Amortization of intangibles:
CMH	$	9,651	$	10,180	$	8,620
EM	37,698		26,887		727
Total amortization of intangibles	$	47,349	$	37,067	$	9,347

Summary of Total Net Sales to External Customers

The following table summarizes total net sales, based upon the country or region to which sales to external customers were made for the years ended December 31, 2015, 2014 and 2013:

(In thousands)	2015		2014		2013
Net sales:
United States	$	251,885	$	239,040	$	201,380
Japan	131,332		121,452		101,529
Europe	91,285		95,994		72,330
Taiwan	249,913		230,824		128,194
Singapore	55,409		46,051		30,942
South Korea	148,062		122,328		76,353
China	89,901		66,186		36,299
Other	63,334		40,194		46,432
	$	1,081,121	$	962,069	$	693,459

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, 2015, 2014 and 2013:

(In thousands)	2015		2014		2013
Property, plant and equipment:
United States	$	229,558	$	222,125	$	123,846
Korea	32,400		32,163		4,422
Japan	23,619		22,261		24,007
Malaysia	19,878		20,607		23,801
Other	15,846		16,413		10,364
	$	321,301	$	313,569	$	186,440