Segment Reporting

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Segment Reporting

SEGMENT REPORTING

ASC 280, “Disclosures About Segments of an Enterprise and Related Information,” requires that a public enterprise report financial and descriptive information about its reportable operating segments subject to certain aggregation criteria and quantitative thresholds. Operating segments are defined by ASC 280 as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision-makers in deciding how to allocate resources and in assessing performance.

	2012		2011		2010
Revenue:
Automotive Products
United States	$	382,308,501	$	334,692,637	$	274,165,934
Germany	239,081,723		248,495,295		212,555,637
Japan	100,422,507		76,123,221		64,412,780
Other	355,160,210		343,850,209		245,957,611
Other	22,586,580		20,600,687		19,171,452
Total	$	1,099,559,521	$	1,023,762,049	$	816,263,414
Income (Loss) from Operations:
Automotive Products	$	231,713,972	$	231,030,145	$	191,430,183
Other	2,741,260		337,780		(458,114		)
Total	$	234,455,232	$	231,367,925	$	190,972,069
Assets:
Automotive Products	$	619,337,527	$	566,395,900	$	391,514,600
Other	8,010,779		8,993,853		6,687,533
Corporate	638,343,029		600,637,249		604,488,506
Total	$	1,265,691,335	$	1,176,027,002	$	1,002,690,639
Depreciation & Amortization:
Automotive Products	$	47,976,800	$	40,314,620	$	35,722,078
Other	317,534		320,900		275,599
Corporate	1,885,489		1,999,164		2,622,997
Total	$	50,179,823	$	42,634,684	$	38,620,674
Capital Expenditures:
Automotive Products	$	113,611,526	$	115,377,859	$	43,031,399
Other	228,635		58,996		203,654
Corporate	3,634,288		4,740,875		3,661,897
Total	$	117,474,449	$	120,177,730	$	46,896,950

Other includes Fire Protection Products and Dimmable Aircraft Windows. Dimmable Aircraft Window net sales continued to increase during 2010, 2011 and 2012, which resulted in a reduced loss from operations for 2010 and income from operations for 2011 and 2012 in the “Other” category.

Corporate assets are principally cash and cash equivalents, investments, deferred income taxes and corporate fixed assets. Substantially all long-lived assets are located in the U.S.

Automotive Products revenues in the “Other” category are sales to customer automotive manufacturing plants in Korea, Mexico, Canada, Hungary, China, and the United Kingdom as well as other foreign automotive customers. Most of the Company’s non-U.S. sales are invoiced and paid in U.S. dollars. During 2012, approximately 8% of the Company’s net sales were invoiced and paid in foreign currencies.

The Company has five automotive customers (includes direct sales to OEM customers and sales through their Tier 1 suppliers), which individually accounted for 10% or more of net sales as follows:

	Toyota Motor Corporation		VW/Audi		Hyundai/Kia		Daimler AG		General Motors
2012	14	%	14	%	11	%	11	%	10	%
2011	12	%	15	%	11	%	11	%	12	%
2010	15	%	13	%	#		12	%	15	%

# Less than 10%.