Note 8 - Segment Information

3 Months Ended

Apr. 01, 2018

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

NOTE

8–

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 April 1, 2018:
Net Sales	$	135,225	$	66,556	$	38,782	$	240,563
Depreciation and amortization		3,611		2,254		2,208		8,073
Total assets		288,239		269,813		195,551		753,603
Three Months Ended April 2, 2017:
Net Sales	$	131,762	$	56,019	$	33,321	$	221,102
Depreciation and amortization		3,368		1,251		2,157		6,776

A reconciliation of the Company’s total operating segment depreciation and amortization, and assets to the corresponding consolidated amounts follows:

	Three Months Ended
DEPRECIATION AND AMORTIZATION	April 1 , 201 8		April 2 , 201 7
	(In thousands)
Total segment depreciation and amortization	$	8,073	$	6,776
Corporate depreciation and amortization		658		193
Reported depreciation and amortization	$	8,731	$	6,969

ASSETS	April 1 , 201 8
	(In thousands)
Total segment assets	$	753,603
Corporate assets and eliminations		61,850
Reported total assets	$	815,453