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Segment Information (Tables)
3 Months Ended
Apr. 03, 2023
Segment Reporting [Abstract]  
Reconciliation of Operating Income (Loss) from Segments to Consolidated

 

 

Quarter Ended

 

 

 

April 3, 2023

 

 

April 4, 2022

 

 

 

(In thousands)

 

Net Sales:

 

 

 

 

 

 

PCB

 

$

534,111

 

 

$

566,070

 

RF&S Components

 

 

10,326

 

 

 

15,190

 

Total net sales

 

$

544,437

 

 

$

581,260

 

Operating Segment Income (Loss):

 

 

 

 

 

 

PCB

 

$

51,634

 

 

$

56,540

 

RF&S Components

 

 

2,168

 

 

 

5,750

 

Corporate and Other

 

 

(29,498

)

 

 

(26,764

)

Total operating segment income

 

 

24,304

 

 

 

35,526

 

Amortization of definite-lived intangibles (1)

 

 

(27,772

)

 

 

(9,658

)

Total operating (loss) income

 

 

(3,468

)

 

 

25,868

 

Total other expense

 

 

(10,270

)

 

 

(9,391

)

(Loss) income before income taxes

 

$

(13,738

)

 

$

16,477

 

 

 

 

As of

 

 

 

April 3, 2023

 

 

January 2, 2023

 

 

 

(In thousands)

 

Segment Assets:

 

 

 

 

 

 

PCB

 

$

1,831,973

 

 

$

1,890,723

 

RF&S Components

 

 

195,741

 

 

 

202,619

 

Corporate and Other

 

 

1,148,321

 

 

 

1,230,262

 

Total assets

 

$

3,176,035

 

 

$

3,323,604

 

 

(1)
Amortization of definite-lived intangibles relates to the PCB and RF&S Components reportable segments. For the quarters ended April 3, 2023 and April 4, 2022, $5,808 and $1,384, respectively, of amortization expense is included in cost of goods sold.
Net Sales Net sales are as follows:

 

 

 

Quarter Ended

 

 

 

April 3, 2023

 

 

April 4, 2022

 

 

 

(In thousands)

 

Net Sales:

 

 

 

 

 

 

United States

 

$

311,441

 

 

$

264,401

 

China

 

 

44,037

 

 

 

77,205

 

Other

 

 

188,959

 

 

 

239,654

 

Total net sales

 

$

544,437

 

 

$

581,260