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Segment Information (Tables)
 6 Months Ended
Jul. 01, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Segment information is summarized as follows: 
 Three Months EndedSix Months Ended
(in thousands)July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Net sales    
Electronics$350,147 $358,176 $708,740 $723,997 
Transportation172,048 182,027 338,689 366,531 
Industrial89,802 78,233 174,350 151,238 
Total net sales$611,997 $618,436 $1,221,779 $1,241,766 
Depreciation and amortization
Electronics$19,808 $14,511 $39,596 29,904 
Transportation11,063 10,628 22,354 21,372 
Industrial4,021 2,181 7,424 4,342 
Total depreciation and amortization$34,892 $27,320 $69,374 $55,618 
Operating income
Electronics$79,844 $105,958 $170,006 $226,535 
Transportation7,789 18,309 16,321 44,617 
Industrial15,108 15,285 32,249 27,790 
Other (a)
(10,688)(5,388)(15,882)(14,188)
Total operating income92,053 134,164 202,694 284,754 
Interest expense10,056 4,368 19,702 8,670 
Foreign exchange (gain) loss(1,404)14,124 (3,079)21,860 
Other (income) expense, net(2,050)6,060 (8,283)10,487 
Income before income taxes$85,451 $109,612 $194,354 $243,737 
 
(a) Included in “Other” Operating income for the second quarter of 2023 was $3.9 million ($7.2 million year-to-date) of legal and professional fees and other integration expenses related to completed and contemplated acquisitions, and $2.9 million ($4.8 million year-to-date) of restructuring charges, primarily related to employee termination costs. In addition, during the second quarter of 2023, the Company recognized a $3.9 million impairment charge related to the land and building in the commercial vehicle business within the Transportation segment. See Note 7, Restructuring, Impairment, and Other Charges, for further discussion.
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country
The Company’s net sales by country were as follows: 

 Three Months EndedSix Months Ended
(in thousands)July 1, 2023July 2, 2022July 1, 2023July 2, 2022
Net sales
United States$205,793 $224,743 $417,988 $444,981 
China143,570 162,322 277,037 327,104 
Other countries (a)
262,634 231,371 526,754 469,681 
Total net sales$611,997 $618,436 $1,221,779 $1,241,766 
 
 The Company’s long-lived assets by country were as follows:
 
(in thousands)July 1, 2023December 31, 2022
Long-lived assets
United States$75,381 $76,325 
China130,154 129,094 
Mexico104,293 107,119 
Germany41,890 39,635 
Philippines75,216 77,240 
Other countries (a)
54,633 51,697 
Total long-lived assets$481,567 $481,110 
 
The Company’s additions to long-lived assets by country were as follows:
 Six Months Ended
(in thousands)July 1, 2023July 2, 2022
Additions to long-lived assets
United States$5,482 $6,527 
China15,228 15,623 
Mexico7,176 14,244 
Germany3,269 2,432 
Philippines3,202 10,138 
Other countries (a)
5,602 2,558 
Total additions to long-lived assets$39,959 $51,522 

(a)Each country included in other countries is less than 10% of net sales.