Segment Reporting

12 Months Ended

Dec. 31, 2013

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.

	2013		2012		2011
Revenue:
Automotive Products
United States	$	400,654,021	$	382,308,501	$	334,692,637
Germany	244,949,664		239,081,723		248,495,295
Japan	123,884,470		100,422,507		76,123,221
Other	374,499,972		355,160,210		343,850,209
Other	27,876,044		22,586,580		20,600,687
Total	$	1,171,864,171	$	1,099,559,521	$	1,023,762,049
Income (Loss) from Operations:
Automotive Products	$	298,465,299	$	231,713,972	$	231,030,145
Other	6,276,514		2,741,260		337,780
Total	$	304,741,813	$	234,455,232	$	231,367,925
Assets:
Automotive Products	$	1,290,801,674	$	619,337,527	$	566,395,900
Other	9,001,278		8,010,779		8,993,853
Corporate	464,285,482		638,343,029		600,637,249
Total	$	1,764,088,434	$	1,265,691,335	$	1,176,027,002
Depreciation & Amortization:
Automotive Products	$	58,723,222	$	47,976,800	$	40,314,620
Other	316,836		317,534		320,900
Corporate	3,814,097		1,885,489		1,999,164
Total	$	62,854,155	$	50,179,823	$	42,634,684
Capital Expenditures:
Automotive Products	$	54,020,792	$	113,611,526	$	115,377,859
Other	301,697		228,635		58,996
Corporate	1,057,968		3,634,288		4,740,875
Total	$	55,380,457	$	117,474,449	$	120,177,730

Other includes Fire Protection Products and Dimmable Aircraft Windows. Dimmable Aircraft Window net sales continued to increase during 2011, 2012 and 2013, which resulted in income from operations for each of the three years presented 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 the years ended December 31, 2013, 2012 and 2011, approximately 7% , 8% and 9% of the Company’s net sales were invoiced and paid in foreign currencies respectively.

In 2013, the Company had three 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
2013	13	%	14	%	#		11	%	#
2012	14	%	14	%	11	%	11	%	10	%
2011	12	%	15	%	11	%	11	%	12	%

  # - Less than 10 percent.