Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Financial Information for Reportable Segments

(In thousands)	2016		2015		2014
Net sales:
SCEM	$	428,328	$	418,878	$	292,339
AMH	384,284		346,426		346,571
MC	362,658		315,817		323,159
Total net sales	$	1,175,270	$	1,081,121	$	962,069
(In thousands)	2016		2015		2014
Segment profit:
SCEM	$	96,060	$	100,370	$	59,017
AMH	73,452		66,419		70,464
MC	110,042		83,076		99,019
Total segment profit	$	279,554	$	249,865	$	228,500
(In thousands)	2016		2015		2014
Total assets:
SCEM	$	766,126	$	801,250	$	807,544
AMH	267,085		259,377		288,680
MC	200,399		183,518		195,457
Corporate	465,922		402,552		456,626
Total assets	$	1,699,532	$	1,646,697	$	1,748,307

(In thousands)	2016		2015		2014
Depreciation and amortization:
SCEM	$	64,062	$	65,352	$	51,046
AMH	22,874		23,604		23,099
MC	9,222		8,733		4,982
Corporate	3,728		3,965		4,577
Total depreciation and amortization	$	99,886	$	101,654	$	83,704
(In thousands)	2016		2015		2014
Capital expenditures:
SCEM	$	27,348	$	29,333	$	18,960
AMH	19,029		23,617		13,539
MC	6,281		11,408		11,243
Corporate	12,602		7,619		13,991
Total capital expenditures	$	65,260	$	71,977	$	57,733

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 of affiliate:

(In thousands)	2016			2015			2014
Total segment profit	$	279,554		$	249,865		$	228,500
Less:
Charge for fair value write-up of acquired inventory sold	—			—			48,586
Amortization of intangibles	44,263			47,349			37,067
Contingent consideration fair value adjustment	—			—			(1,282		)
Unallocated general and administrative expenses	79,755			84,448			122,775
Operating income	155,536			118,068			21,354
Interest expense	36,846			38,667			33,355
Interest income	(318		)	(429		)	(1,336		)
Other (income) expense, net	(991		)	(12,355		)	2,727
Income (loss) before income tax expense (benefit) and equity in net loss of affiliate	$	119,999		$	92,185		$	(13,392	)

Amortization of Intangibles

The table below sets forth the amortization expense for the years ended December 31, 2016, 2015, and 2014:

(In thousands)	2016		2015		2014
Amortization expense	$	44,263	$	47,349	$	37,067

The following table presents amortization of intangibles for each of the Company’s segments for the years ended December 31, 2016, 2015 and 2014:

(In thousands)	2016		2015		2014
Amortization of intangibles:
SCEM	$	40,034	$	42,909	$	32,099
AMH	4,229		4,440		4,968
Total amortization of intangibles	$	44,263	$	47,349	$	37,067

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, 2016, 2015 and 2014:

(In thousands)	2016		2015		2014
Net sales:
United States	$	253,868	$	253,141	$	240,767
Japan	156,021		131,336		121,878
Europe	105,779		106,036		108,889
Taiwan	291,309		248,842		230,416
Singapore	65,133		55,409		46,048
South Korea	145,661		148,016		122,322
China	118,435		97,148		73,281
Other	39,064		41,193		18,468
	$	1,175,270	$	1,081,121	$	962,069

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, 2016, 2015 and 2014:

(In thousands)	2016		2015		2014
Property, plant and equipment:
United States	$	226,394	$	229,558	$	222,125
Korea	33,441		32,400		32,163
Japan	25,248		23,619		22,261
Malaysia	19,180		19,878		20,607
Other	17,299		15,846		16,413
	$	321,562	$	321,301	$	313,569