Segment And Geographic Information

12 Months Ended

Dec. 31, 2017

Segment And Geographic Information [Abstract]

Segment And Geographic Information

Note 14—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:

				Year Ended December 31,
(in thousands)				2017		2016		2015
	Net sales:
		Americas	$	1,606,642	$	1,552,980	$	1,615,393
		Asia		768,588		675,801		878,307
		Europe		176,401		161,007		146,648
		Elimination of intersegment sales		(84,820)		(79,373)		(99,475)
			$	2,466,811	$	2,310,415	$	2,540,873
	Depreciation and amortization:
		Americas	$	21,972	$	23,275	$	23,881
		Asia		11,849		15,832		17,031
		Europe		2,891		2,794		2,628
		Corporate		11,960		13,238		6,132
			$	48,672	$	55,139	$	49,672
	Income from operations:
		Americas	$	71,638	$	84,457	$	77,213
		Asia		73,263		48,285		62,967
		Europe		10,814		10,424		7,149
		Corporate and intersegment eliminations		(77,112)		(67,528)		(54,360)
			$	78,603	$	75,638	$	92,969
	Capital expenditures:
		Americas	$	27,139	$	20,766	$	18,390
		Asia		18,115		7,858		11,851
		Europe		4,915		1,441		4,323
		Corporate		4,337		2,269		3,498
			$	54,506	$	32,334	$	38,062
	Total assets:
		Americas	$	804,698	$	864,388	$	867,858
		Asia		670,807		634,838		604,554
		Europe		470,264		393,443		305,833
		Corporate and other		151,548		105,999		115,633
			$	2,097,317	$	1,998,668	$	1,893,878

Geographic net sales information provided below reflects the destination of the product shipped. Long-lived assets information is based on the physical location of the asset.

				Year Ended December 31,
(in thousands)				2017		2016		2015
	Geographic net sales:
		United States	$	1,659,404	$	1,615,749	$	1,848,503
		Asia		434,332		334,305		314,160
		Europe		292,490		252,972		221,911
		Other		80,585		107,389		156,299
			$	2,466,811	$	2,310,415	$	2,540,873
	Long-lived assets:
		United States	$	167,858	$	167,367	$	172,958
		Asia		77,750		67,998		77,237
		Europe		11,042		8,415		9,704
		Other		25,830		24,290		31,046
			$	282,480	$	268,070	$	290,945