XML 81 R41.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segments (Tables)
 12 Months Ended
Dec. 31, 2014
Segments [Abstract]  
Key financial data
The following is a summary of key financial data:


  
2014
  
2013
  
2012
 
Net Sales to External Customers:
      
    North America
 
$
217,258
  
$
116,548
  
$
126,469
 
     Asia
  
201,338
   
193,647
   
128,319
 
    Europe
  
68,480
   
38,994
   
31,806
 
   
$
487,076
  
$
349,189
  
$
286,594
 
             
Net Sales:
            
    North America
 
$
248,007
  
$
128,472
  
$
138,966
 
     Asia
  
275,765
   
225,151
   
167,756
 
    Europe
  
114,748
   
40,742
   
33,329
 
    Less intercompany
            
      net sales
  
(151,444
)
  
(45,176
)
  
(53,457
)
   
$
487,076
  
$
349,189
  
$
286,594
 
             
Income (Loss) from Operations:
            
    North America
 
$
(4,465
)
 
$
(1,560
)
 
$
1,336
 
     Asia
  
13,338
   
15,356
   
(42
)
    Europe
  
5,220
   
1,251
   
369
 
   
$
14,093
  
$
15,047
  
$
1,663
 
             
Total Assets:
            
    North America
 
$
311,298
  
$
117,261
  
$
84,609
 
     Asia
  
254,822
   
148,780
   
148,351
 
    Europe
  
69,905
   
42,100
   
42,229
 
   
$
636,025
  
$
308,141
  
$
275,189
 
             
Capital Expenditures:
            
    North America
 
$
3,862
  
$
2,064
  
$
2,455
 
     Asia
  
4,089
   
4,551
   
2,003
 
    Europe
  
1,091
   
325
   
286
 
   
$
9,042
  
$
6,940
  
$
4,744
 
             
Depreciation and Amortization Expense:
         
    North America
 
$
7,921
  
$
4,282
  
$
4,081
 
     Asia
  
8,143
   
6,540
   
4,076
 
    Europe
  
3,682
   
1,560
   
956
 
   
$
19,746
  
$
12,382
  
$
9,113
 
Schedule of segment sales and income from operations
The acquisitions in 2012-2014 contributed to Bel's segment sales and income from operations as follows:


  
Year Ended
 
  
December 31,
 
  
2014
  
2013
  
2012
 
Sales to External Customers:
      
     North America:
      
Power Solutions
 
$
73,530
  
$
-
  
$
-
 
Connectivity Solutions
  
28,242
   
-
   
-
 
Array
  
6,842
   
2,074
   
-
 
   
108,614
   
2,074
   
-
 
     Asia:
            
Power Solutions
  
3,401
   
-
   
-
 
Connectivity Solutions
  
2,469
   
-
   
-
 
TRP
  
66,082
   
65,141
   
-
 
   
71,952
   
65,141
   
-
 
     Europe:
            
Power Solutions
  
23,882
   
-
   
-
 
Connectivity Solutions
  
2,812
   
-
   
-
 
TRP
  
2,498
   
1,407
   
-
 
GigaCom
  
8
   
4
   
57
 
Fibreco
  
6,197
   
7,483
   
2,062
 
Powerbox
  
2,901
   
3,252
   
1,083
 
   
38,298
   
12,146
   
3,202
 
Net sales from 2012-2014 acquisitions
  
218,864
   
79,361
   
3,202
 
             
Income (loss) from operations:
            
     North America:
            
Power Solutions
  
(712
)
  
-
   
-
 
Connectivity Solutions
  
(2,808
)
  
-
   
-
 
Array
  
(801
)
  
(936
)
  
-
 
   
(4,321
)
  
(936
)
  
-
 
     Asia:
            
Power Solutions
  
(3,603
)
  
-
   
-
 
Connectivity Solutions
  
493
   
-
   
-
 
TRP
  
13,152
   
9,007
   
-
 
   
10,042
   
9,007
   
-
 
     Europe:
            
Power Solutions
  
4,882
   
-
   
-
 
Connectivity Solutions
  
(167
)
  
-
   
-
 
TRP
  
366
   
289
   
-
 
GigaCom
  
(23
)
  
(986
)
  
(392
)
Fibreco
  
817
   
2,101
   
297
 
Powerbox
  
(1,869
)
  
(392
)
  
10
 
   
4,006
   
1,012
   
(85
)
Total income (loss) from operations
            
from 2012-2014 acquisitions
 
$
9,727
  
$
9,083
  
$
(85
)
Schedule of restructuring charges included in income (loss) from operation
The following restructuring charges are included in income (loss) from operations by segment.  See Note 3, Restructuring Activities, for further information on the Company's restructuring efforts.


  
2014
  
2013
  
2012
 
    North America
 
$
1,539
  
$
963
  
$
4,558
 
    Asia
  
-
   
249
   
612
 
    Europe
  
293
   
175
   
75
 
  
$
1,832
  
$
1,387
  
$
5,245
 
Entity-wide information net sales to external customers by geographic area and by major product line
The following is a summary of entity-wide information related to the Company's net sales to external customers by geographic area and by major product line.


  
2014
  
2013
  
2012
 
Net Sales by Geographic Location:
      
       
United States
 
$
217,258
  
$
116,548
  
$
126,469
 
Macao
  
195,469
   
193,647
   
128,319
 
United Kingdom
  
22,852
   
16,538
   
13,203
 
Germany
  
18,663
   
16,585
   
14,165
 
Switzerland
  
15,236
   
-
   
-
 
All other foreign countries
  
17,598
   
5,871
   
4,438
 
    Consolidated net sales
 
$
487,076
  
$
349,189
  
$
286,594
 
             
Net Sales by Major Product Line:
            
             
Connectivity solutions
 
$
152,954
  
$
111,653
  
$
109,245
 
Magnetic solutions
  
174,255
   
170,166
   
100,529
 
Power solutions and protection
  
159,867
   
67,370
   
76,820
 
    Consolidated net sales
 
$
487,076
  
$
349,189
  
$
286,594
 
Long-lived assets by geographic area
The following is a summary of long-lived assets by geographic area as of December 31, 2014 and 2013:


  
2014
  
2013
 
Long-lived Assets by Geographic Location:
    
     
    United States
 
$
43,932
  
$
30,102
 
    People's Republic of China (PRC)
  
43,174
   
20,985
 
Slovakia
  
9,675
   
-
 
Switzerland
  
3,321
   
-
 
United Kingdom
  
2,536
   
1,802
 
    All other foreign countries
  
1,723
   
1,455
 
    Consolidated long-lived assets
 
$
104,361
  
$
54,344