Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting Information, RV Products and Services



● Steel chassis for towable RVs	● Furniture and mattresses
● Axles and suspension solutions for towable RVs	● Entry, luggage, patio and ramp doors
● Slide-out mechanisms and solutions	● Electric and manual entry steps
● Thermoformed bath, kitchen and other products	● Awnings and awning accessories
● Windows	● Electronic components
● Manual, electric and hydraulic stabilizer and leveling systems	● LED televisions, sound systems, navigation systems and wireless backup cameras
● Chassis components	● Other accessories

Segment Reporting Information, MH Products and Services



●Vinyl and aluminum windows	●Aluminum and vinyl patio doors
●Thermoformed bath and kitchen products	●Steel chassis and related components
●Steel and fiberglass entry doors	●Axles

Schedule of Information Relating to Segments

Information relating to segments follows for the years ended December 31:



	Segments						Corporate
(In thousands)	RV		MH		Total		and Other			Total
2015
Net sales to external customers ^(a)	$	1,284,928	$	118,138	$	1,403,066	$	—		$	1,403,066
Operating profit (loss) ^(b)	$	107,485	$	12,485	$	119,970	$	(3,716	)	$	116,254
Total assets ^(c)	$	519,795	$	27,702	$	547,497	$	75,449		$	622,946
Expenditures for long - lived assets ^(d)	$	30,126	$	1,193	$	31,319	$	—		$	31,319
Depreciation and amortization	$	39,065	$	2,412	$	41,477	$	147		$	41,624



	Segments						Corporate
(In thousands)	RV		MH		Total		and Other			Total
2014
Net sales to external customers ^(a)	$	1,074,448	$	116,334	$	1,190,782	$	—		$	1,190,782
Operating profit (loss) ^(b)	$	86,571	$	10,870	$	97,441	$	(1,954	)	$	95,487
Total assets ^(c)	$	451,264	$	29,482	$	480,746	$	63,095		$	543,841
Expenditures for long - lived assets ^(d)	$	145,406	$	2,039	$	147,445	$	—		$	147,445
Depreciation and amortization	$	29,933	$	2,568	$	32,501	$	95		$	32,596

2013
Net sales to external customers ^(a)	$	893,694	$	121,882	$	1,015,576	$	—		$	1,015,576
Operating profit (loss) ^(b)	$	68,248	$	11,926	$	80,174	$	(1,876	)	$	78,298
Total assets ^(c)	$	306,139	$	32,948	$	339,087	$	114,097		$	453,184
Expenditures for long - lived assets ^(d)	$	34,989	$	2,682	$	37,671	$	—		$	37,671
Depreciation and amortization	$	24,615	$	2,806	$	27,421	$	79		$	27,500

(a)

Thor Industries, Inc., a customer of the RV Segment, accounted for 29 percent, 33 percent and 34 percent of the Company’s consolidated net sales for the years ended December 31, 2015, 2014 and 2013, respectively. Berkshire Hathaway Inc. (through its subsidiaries Forest River, Inc. and Clayton Homes, Inc.), a customer of both segments, accounted for 26 percent, 28 percent and 28 percent of the Company’s consolidated net sales for the years ended December 31, 2015, 2014 and 2013, respectively. Jayco, Inc., a customer of the RV Segment, accounted for 10 percent of the Company's consolidated net sales for the year ended December 31, 2015. No other customer accounted for more than 10 percent of consolidated net sales in the years ended December 31, 2015, 2014 and 2013.


(b)	Certain general and administrative expenses are allocated between the segments based upon net sales or operating profit, depending upon the nature of the expense.


(c)	Segment assets include accounts receivable, inventories, fixed assets, goodwill and other intangible assets. Corporate and other assets include cash and cash equivalents, prepaid expenses and other current assets, deferred taxes, and other assets.


(d)	Expenditures for long-lived assets include capital expenditures, as well as fixed assets, goodwill and other intangible assets purchased as part of the acquisition of businesses. The Company purchased $38.6 million, $105.0 million and $4.8 million of long-lived assets, as part of the acquisitions of businesses in the years ended December 31, 2015, 2014 and 2013, respectively.

Schedule of Net Sales by Product

Net sales by product were as follows for the years ended December 31:



(In thousands)	2015		2014		2013
RV Segment:
Chassis, chassis parts and slide-out mechanisms	$	638,261	$	564,543	$	493,244
Windows and doors	245,016		204,054		181,934
Furniture and mattresses	163,380		133,371		100,196
Axles and suspension solutions	114,531		92,261		69,818
Other	123,740		80,219		48,502
Total RV Segment net sales	$	1,284,928	$	1,074,448	$	893,694

MH Segment:
Windows and doors	$	73,035	$	66,140	$	67,029
Chassis and chassis parts	29,798		33,842		38,359
Other	15,305		16,352		16,494
Total MH Segment net sales	$	118,138	$	116,334	$	121,882

Total net sales	$	1,403,066	$	1,190,782	$	1,015,576

Schedule of Net Sales by Segment

The composition of net sales was as follows for the years ended December 31:



(In thousands)	2015		2014		2013
Net sales:
RV Segment:
RV OEMs:
Travel trailers and fifth-wheels	$	938,787	$	841,497	$	727,783
Motorhomes	86,513		70,332		47,937
RV aftermarket	87,447		49,570		25,334
Adjacent industries	172,181		113,049		92,640
Total RV Segment net sales	$	1,284,928	$	1,074,448	$	893,694

MH Segment:
Manufactured housing OEMs	$	82,032	$	77,421	$	80,245
Manufactured housing aftermarket	15,559		14,186		13,719
Adjacent industries	20,547		24,727		27,918
Total MH Segment net sales	$	118,138	$	116,334	$	121,882

Total net sales	$	1,403,066	$	1,190,782	$	1,015,576