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Segment Information
 9 Months Ended
Sep. 29, 2019
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
Based on applicable accounting standards, the Company has determined that it has three operating segments – namely, the Americas, Europe and Asia-Pacific geographic regions. Pursuant to accounting standards, the Company has aggregated the three operating segments into one reporting segment because they have similar economic characteristics, and the operating segments are similar in all of the following areas: (a) the nature of the products and services; (b) the nature of the production processes; (c) the type or class of customer for their products and services; (d) the methods used to distribute their products or provide their services; and (e) the nature of the regulatory environment.
While the Company operates as one reporting segment for the reasons discussed, included below is selected information on our operating segments.
Summary information by operating segment follows:
 
 
AMERICAS
 
EUROPE
 
ASIA-
PACIFIC
 
TOTAL
 
 
(In thousands)
Three Months Ended September 29, 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Sales
 
$
195,900

 
$
106,115

 
$
46,337

 
$
348,352

Depreciation and amortization
 
3,238

 
4,255

 
2,035

 
9,528

Total assets
 
704,088

 
619,307

 
196,921

 
1,520,316

 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Sales
 
$
182,660

 
$
88,223

 
$
47,442

 
$
318,325

Depreciation and amortization
 
3,373

 
3,181

 
2,144

 
8,698

 
 
 
 
 
 
 
 
 
Nine Months Ended September 29, 2019:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Sales
 
$
563,776

 
$
294,830

 
$
144,941

 
$
1,003,547

Depreciation and amortization
 
9,789

 
13,586

 
6,275

 
29,650

 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2018:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Sales
 
$
494,265

 
$
220,645

 
$
127,604

 
$
842,514

Depreciation and amortization
 
10,464

 
7,483

 
6,564

 
24,511


A reconciliation of the Company’s total operating segment depreciation and amortization, and assets to the corresponding consolidated amounts follows:
 
 
Three Months Ended
 
Nine Months Ended
DEPRECIATION AND AMORTIZATION
 
September 29, 2019
 
September 30, 2018
 
September 29, 2019
 
September 30, 2018
 
 
(In thousands)
Total segment depreciation and amortization
 
$
9,528

 
$
8,698

 
$
29,650

 
$
24,511

Corporate depreciation and amortization
 
1,352

 
1,179

 
3,928

 
2,556

 
 
 
 
 
 
 
 
 
Reported depreciation and amortization
 
$
10,880

 
$
9,877

 
$
33,578

 
$
27,067

ASSETS
September 29, 2019
 
(In thousands)
Total segment assets
$
1,520,316

Corporate assets
141,286

Eliminations
(237,065
)
 
 
Reported total assets
$
1,424,537