Segment Reporting

As disclosed in footnote 10 of our 2018 Form 10-K, we completed a strategic reorganization of our operations into two business segments, Electrical Systems and Global Seating. As a result of the strategic reorganization, we restated prior period segment information to conform to the current period segment presentation. As discussed in footnote 3, the Company completed the FSE Acquisition in September 2019. FSE financial results are reflected in the Electrical Systems Segment. Administrative costs associated with the acquisition totaling $0.9 million are reflected in Corporate/Other.

The following tables present segment revenues, gross profit, selling, general and administrative expenses, amortization expense, operating income, capital expenditures and depreciation expense and other items for the three and nine months ended September 30, 2019 and 2018:



	Three Months Ended September 30, 2019
	Electrical Systems		Global Seating		Corporate/ Other			Total
Revenues
External Revenues	$	129,710	$	95,689	$	—		$	225,399
Intersegment Revenues	1,732		30		(1,762		)	—
Total Revenues	$	131,442	$	95,719	$	(1,762	)	$	225,399
Gross Profit	$	18,932	$	12,331	$	(59	)	$	31,204
Selling, General & Administrative Expenses	4,030		5,043		8,458			17,531
Amortization Expense	303		134		—			437
Operating Income	$	14,599	$	7,154	$	(8,517	)	$	13,236

Capital Expenditures	$	4,472	$	1,064	$	661		$	6,197
Depreciation Expense	$	1,771	$	1,041	$	670		$	3,482



	Three Months Ended September 30, 2018
	Electrical Systems		Global Seating		Corporate/ Other			Total
Revenues
External Revenues	$	125,220	$	99,790	$	—		$	225,010
Intersegment Revenues	2,996		1,173		(4,169		)	—
Total Revenues	$	128,216	$	100,963	$	(4,169	)	$	225,010
Gross Profit	$	18,304	$	13,903	$	(30	)	$	32,177
Selling, General & Administrative Expenses	3,790		5,692		6,131			15,613
Amortization Expense	186		135		—			321
Operating Income	$	14,328	$	8,076	$	(6,161	)	$	16,243

Capital Expenditures	$	3,155	$	1,228	$	281		$	4,664
Depreciation Expense	$	1,723	$	1,420	$	3,718		$	6,861



	Nine Months Ended September 30, 2019
	Electrical Systems		Global Seating		Corporate/ Other			Total
Revenues
External Revenues	$	409,471	$	302,282	$	—		$	711,753
Intersegment Revenues	7,529		2,774		(10,303		)	—
Total Revenues	$	417,000	$	305,056	$	(10,303	)	$	711,753
Gross Profit	$	58,915	$	40,797	$	(166	)	$	99,546
Selling, General & Administrative Expenses	11,855		15,558		21,563			48,976
Amortization Expense	676		404		—			1,080
Operating Income	$	46,384	$	24,835	$	(21,729	)	$	49,490

Capital Expenditures	$	13,794	$	2,847	$	2,274		$	18,915
Depreciation Expense	$	4,770	$	3,186	$	1,940		$	9,896



	Nine Months Ended September 30, 2018
	Electrical Systems		Global Seating		Corporate/ Other			Total
Revenues
External Revenues	$	378,649	$	295,486	$	—		$	674,135
Intersegment Revenues	7,055		2,765		(9,820		)	—
Total Revenues	$	385,704	$	298,251	$	(9,820	)	$	674,135
Gross Profit	$	57,598	$	41,512	$	(525	)	$	98,585
Selling, General & Administrative Expenses	11,323		16,870		16,984			45,177
Amortization Expense	559		421		—			980
Operating Income	$	45,716	$	24,221	$	(17,509	)	$	52,428

Capital Expenditures	$	6,011	$	2,298	$	1,514		$	9,823
Depreciation Expense	$	5,203	$	3,574	$	2,030		$	10,807