Segment And Geographic Information

6 Months Ended

Jun. 30, 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				Six Months Ended
		June 30,				June 30,
(in thousands)			2017		2016		2017		2016
Net sales:
	Americas	$	405,602	$	395,354	$	780,161	$	748,168
	Asia		191,207		162,825		366,098		336,195
	Europe		43,408		40,505		83,824		82,520
	Elimination of intersegment sales		(23,313)		(19,342)		(46,678)		(38,316)
		$	616,904	$	579,342	$	1,183,405	$	1,128,567
Depreciation and amortization:
	Americas	$	5,415	$	5,842	$	10,920	$	11,608
	Asia		2,973		4,129		6,139		8,249
	Europe		679		692		1,336		1,396
	Corporate		2,977		3,330		5,922		6,647
		$	12,044	$	13,993	$	24,317	$	27,900
Income from operations:
	Americas	$	18,611	$	21,434	$	33,807	$	39,479
	Asia		20,044		11,665		32,365		22,557
	Europe		2,571		2,536		4,952		5,488
	Corporate and intersegment eliminations		(18,999)		(17,895)		(36,480)		(33,516)
		$	22,227	$	17,740	$	34,644	$	34,008
Capital expenditures:
	Americas	$	5,770	$	5,387	$	9,036	$	9,596
	Asia		8,714		1,464		11,124		4,573
	Europe		2,466		491		3,380		672
	Corporate		1,851		1,024		2,839		1,362
		$	18,801	$	8,366	$	26,379	$	16,203
						June 30,		December 31,
							2017		2016
Total assets:
	Americas					$	910,825	$	864,388
	Asia						678,513		634,838
	Europe						407,716		393,443
	Corporate and other						67,386		105,999
						$	2,064,440	$	1,998,668

Geographic net sales information reflects the destination of the product shipped. Long-livedassets information is based upon the physical location of the asset.

		Three Months Ended				Six Months Ended
		June 30,				June 30,
(in thousands)			2017		2016		2017		2016
Geographic net sales:
	United States	$	413,568	$	412,203	$	787,967	$	797,191
	Asia		115,782		82,257		210,857		153,719
	Europe		71,385		57,583		147,462		122,527
	Other Foreign		16,169		27,299		37,119		55,130
		$	616,904	$	579,342	$	1,183,405	$	1,128,567
							June 30,		December 31,
							2017		2016
Long-lived assets:
	United States					$	164,691	$	167,367
	Asia						72,641		67,998
	Europe						10,750		8,415
	Other						22,218		24,290
						$	270,300	$	268,070