Note 11 - Segment Information

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

NOTE

11

– 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 March 31, 2019:
Net Sales	$	160,626	$	93,050	$	44,012	$	297,688
Depreciation and amortization		3,251		4,680		2,132		10,063
Total assets		507,577		544,598		197,330		1,249,505
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

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	March 31, 2019		April 1, 2018
	(In thousands)
Total segment depreciation and amortization	$	10,063	$	8,073
Corporate depreciation and amortization		1,281		658
Reported depreciation and amortization	$	11,344	$	8,731

ASSETS	March 31, 2019
	(In thousands)
Total segment assets	$	1,249,505
Corporate assets and eliminations		155,562
Reported total assets	$	1,405,067