Segment Reporting

12 Months Ended

Dec. 31, 2014

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.

	2014		2013		2012
Revenue:
Automotive Products
United States	$	444,921,897	$	400,654,021	$	382,308,501
Germany	262,505,346		244,949,664		239,081,723
Japan	133,758,799		123,884,470		100,422,507
Other	498,936,232		374,499,972		355,160,210
Other	35,378,885		27,876,044		22,586,580
Total	$	1,375,501,159	$	1,171,864,171	$	1,099,559,521
Income (Loss) from Operations:
Automotive Products	$	386,762,986	$	298,465,299	$	231,713,972
Other	12,071,188		6,276,514		2,741,260
Total	$	398,834,174	$	304,741,813	$	234,455,232
Assets:
Automotive Products	$	1,333,615,389	$	1,290,801,674	$	619,337,527
Other	8,841,958		9,001,278		8,010,779
Corporate	680,082,682		464,285,482		638,343,029
Total	$	2,022,540,029	$	1,764,088,434	$	1,265,691,335
Depreciation & Amortization:
Automotive Products	$	75,320,999	$	58,723,222	$	47,976,800
Other	321,426		316,836		317,534
Corporate	1,733,880		3,814,097		1,885,489
Total	$	77,376,305	$	62,854,155	$	50,179,823
Capital Expenditures:
Automotive Products	$	71,032,115	$	54,020,792	$	113,611,526
Other	145,704		301,697		228,635
Corporate	1,341,168		1,057,968		3,634,288
Total	$	72,518,987	$	55,380,457	$	117,474,449

Other includes Fire Protection Products and Dimmable Aircraft Windows. Dimmable Aircraft Window net sales continued to increase during 2012, 2013 and 2014, 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, 2014, 2013 and 2012, approximately 6% , 7% and 8% of the Company’s net sales were invoiced and paid in foreign currencies respectively.

In 2014, the Company had four 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		FCA Group
2014	12	%	14	%	#		10	%	#		11	%
2013	13	%	14	%	#		11	%	#		#
2012	14	%	14	%	11	%	11	%	10	%	#

# - Less than 10 percent.