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Segment Reporting
 3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Segment Reporting SEGMENT REPORTING
The Company has two reportable segments, the OEM Segment and the Aftermarket Segment. Intersegment sales are insignificant.

The OEM Segment, which accounted for 81 percent and 90 percent of consolidated net sales for the three months ended March 31, 2020 and 2019, respectively, manufactures or distributes a broad array of engineered components for the leading OEMs in the recreation and transportation product markets, consisting of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; boats; trains; manufactured homes; and modular housing. Approximately 58 percent of the Company’s OEM Segment net sales for the three months ended March 31, 2020 were of components for travel trailer and fifth-wheel RVs.

The Aftermarket Segment, which accounted for 19 percent and 10 percent of consolidated net sales for the three months ended March 31, 2020 and 2019, respectively, supplies engineered components to the related aftermarket channels of the recreation and transportation product markets, primarily to retail dealers, wholesale distributors, and service centers. The Aftermarket Segment also includes biminis, covers, buoys, and fenders to the marine industry, towing products, and truck accessories, and the sale of replacement glass and awnings to fulfill insurance claims.

Decisions concerning the allocation of the Company’s resources are made by the Company’s chief operating decision maker (“CODM”), with oversight by the Board of Directors. The CODM evaluates the performance of each segment based upon segment operating profit or loss, generally defined as income or loss before interest and income taxes. Decisions concerning the allocation of resources are also based on each segment’s utilization of assets. Management of debt is a corporate function. The accounting policies of the OEM and Aftermarket Segments are the same as those described in Note 2 of the Notes to Consolidated Financial Statements of the Company’s Annual Report on Form 10-K for the year ended December 31, 2019.

The following table presents the Company’s revenues disaggregated by segment and geography based on the billing address of the Company’s customers:
Three Months Ended March 31, 2020Three Months Ended March 31, 2019
(In thousands)
U.S. (a)
Int’l (b)
Total
U.S. (a)
Int’l (b)
Total
OEM Segment:
RV OEMs:
Travel trailers and fifth-wheels$303,682  $3,426  $307,108  $313,367  $3,504  $316,871  
Motorhomes26,914  11,173  38,087  31,921  13,079  45,000  
Adjacent Industries OEMs146,601  40,561  187,162  156,736  13,173  169,909  
Total OEM Segment net sales477,197  55,160  532,357  502,024  29,756  531,780  
Aftermarket Segment:
Total Aftermarket Segment net sales121,618  5,695  127,313  56,532  3,860  60,392  
Total net sales$598,815  $60,855  $659,670  $558,556  $33,616  $592,172  

(a) Net sales to customers in the United States of America
(b) Net sales to customers in countries domiciled outside of the United States of America
The following table presents the Company’s operating profit by segment:
 Three Months Ended 
March 31,
(In thousands)20202019
Operating profit:
OEM Segment$43,189  $40,408  
Aftermarket Segment1,077  7,347  
Total operating profit$44,266  $47,755  

The following table presents the Company’s revenue disaggregated by product:
Three Months Ended 
March 31,
(In thousands)20202019
OEM Segment:
Chassis, chassis parts, and slide-out mechanisms$202,263  $204,383  
Windows and doors156,031  151,919  
Furniture and mattresses87,180  91,357  
Axles and suspension solutions35,136  32,235  
Other51,747  51,886  
Total OEM Segment net sales532,357  531,780  
Total Aftermarket Segment net sales127,313  60,392  
Total net sales$659,670  $592,172