Year Ended December 31,

(in thousands)

2023

2022

2021

Sales:

Americas

$

1,611,783

$

1,475,929

$

1,203,544

Asia

1,055,938

1,251,475

912,560

Europe

299,835

284,103

228,834

Elimination of intersegment sales

(128,580

)

(125,176

)

(89,619

)

Total sales

$

2,838,976

$

2,886,331

$

2,255,319

Depreciation and amortization:

Americas

$

20,940

$

19,574

$

20,589

Asia

9,746

10,192

10,660

Europe

3,226

3,289

2,878

Corporate

11,498

11,197

10,025

Total depreciation and amortization

$

45,410

$

44,252

$

44,152

Income from operations:

Americas

$

63,484

$

55,202

$

45,807

Asia

124,279

134,649

90,725

Europe

17,380

16,889

11,054

Corporate and intersegment eliminations

(95,479

)

(116,671

)

(94,524

)

Total income from operations

109,664

90,069

53,062

Interest expense

(31,875

)

(12,894

)

(8,472

)

Interest income

6,256

1,730

540

Other (expense) income, net

(2,825

)

5,437

277

Income before income taxes

$

81,220

$

84,342

$

45,407

Capital expenditures:

Americas

$

38,627

$

30,105

$

28,673

Asia

25,286

10,534

4,253

Europe

7,098

4,509

6,072

Corporate

6,728

1,626

3,179

Total capital expenditures

$

77,739

$

46,774

$

42,177

December 31,

(in thousands)

2023

2022

Assets:

Americas

$

1,064,047

$

1,055,533

Asia

769,744

764,164

Europe

222,591

183,443

Corporate

218,373

224,191

Total assets

$

2,274,755

$

2,227,331