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Segment And Geographic Information
3 Months Ended
Mar. 31, 2013
Segment And Geographic Information [Abstract]  
Segment And Geographic Information

Note 8 – Segment and Geographic Information

The Company 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: the Americas, Asia and Europe. Information about operating segments was as follows:

 

    March 31,  
(in thousands)   2013     2012  
Net sales:                
Americas   $ 300,839     $ 352,616  
Asia     226,060       235,117  
Europe     36,698       37,440  
Elimination of intersegment sales     (21,153 )     (31,756 )
    $ 542,444     $ 593,417  
                 
Depreciation and amortization:                
Americas   $ 3,865     $ 3,440  
Asia     4,278       3,558  
Europe     652       672  
Corporate     831       785  
    $ 9,626     $ 8,455  
                 
Income from operations:                
Americas   $ 9,918     $ 12,778  
Asia     11,043       4,047  
Europe     1,805       672  
Corporate and intersegment eliminations     (8,773 )     (9,672 )
    $ 13,993     $ 7,825  
                 
Capital expenditures:                
Americas   $ 4,112     $ 5,265  
Asia     1,631       5,411  
Europe     857       703  
Corporate     320       569  
    $ 6,920     $ 11,948  

 

    March 31,     December 31,  
    2013     2012  
Total assets:                
Americas   $ 526,011     $ 569,212  
Asia     645,132       636,481  
Europe     201,176       200,563  
Corporate and other     110,458       95,221  
    $ 1,482,777     $ 1,501,477  

 

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)   2013     2012  
Geographic net sales:                
United States   $ 386,537     $ 409,287  
Asia     86,090       98,701  
Europe     58,966       71,115  
Other Foreign     10,851       14,314  
    $ 542,444     $ 593,417  

 

    March 31,     December 31,  
    2013     2012  
Long-lived assets:                
United States   $ 74,432     $ 76,216  
Asia     104,647       107,151  
Europe     10,855       10,948  
Other Foreign     16,350       15,200  
    $ 206,284     $ 209,515