Segment And Geographic Information

3 Months Ended

Mar. 31, 2017

Segment And Geographic Information [Abstract]

Segment And Geographic Information

Note 9 – Segment and Geographic Information

The Company currently has manufacturing facilities in the Americas, Asia and Europe to serve its customers. The Company is operated and managed geographically, and management evaluates performance and allocates the Company’s resources on a geographic basis. Intersegment sales are generally recorded at prices that approximate arm’s length transactions. Operating segments’ measure of profitability is based on income from operations. The accounting policies for the reportable operating segments are the same as for the Company taken as a whole. The Company has three reportable operating segments: Americas, Asia and Europe. Information about operating segments is as follows:

		Three Months Ended
		March 31,
(in thousands)			2017		2016
Net sales:
	Americas	$	374,559	$	352,814
	Asia		174,891		173,370
	Europe		40,416		42,015
	Elimination of intersegment sales		(23,365)		(18,974)
		$	566,501	$	549,225
Depreciation and amortization:
	Americas	$	5,505	$	5,766
	Asia		3,166		4,120
	Europe		657		704
	Corporate		2,945		3,317
		$	12,273	$	13,907
Income from operations:
	Americas	$	15,196	$	18,045
	Asia		12,321		10,892
	Europe		2,381		2,952
	Corporate and intersegment eliminations		(17,481)		(15,621)
		$	12,417	$	16,268
Capital expenditures:
	Americas	$	3,266	$	4,209
	Asia		2,410		3,109
	Europe		914		181
	Corporate		988		338
		$	7,578	$	7,837
			March 31,		December 31,
			2017		2016
Total assets:
	Americas	$	906,746	$	864,388
	Asia		647,653		634,838
	Europe		400,129		393,443
	Corporate and other		81,245		105,999
		$	2,035,773	$	1,998,668

Geographic net sales information reflects the destination of the product shipped. Long-lived assets
information is based upon the physical location of the asset.
		Three Months Ended
		March 31,
(in thousands)			2017		2016
Geographic net sales:
	United States	$	374,399	$	384,988
	Asia		95,075		71,462
	Europe		76,077		64,944
	Other foreign		20,950		27,831
		$	566,501	$	549,225
			March 31,		December 31,
			2017		2016
Long-lived assets:
	United States	$	164,773	$	167,367
	Asia		68,874		67,998
	Europe		8,683		8,415
	Other foreign		22,721		24,290
		$	265,051	$	268,070