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Business Segments (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Summary of Net Sales and Results of Operations and Total Assets by Reportable Segment

 

 

Net Sales

 

 

Income from Operations

 

Year Ended December 31,

 

2022

 

 

2021

 

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

943,713

 

 

$

744,904

 

 

$

71,772

 

 

$

50,798

 

Europe

 

 

696,189

 

 

 

639,846

 

 

 

26,268

 

 

 

4,578

 

 

 

$

1,639,902

 

 

$

1,384,750

 

 

$

98,040

 

 

$

55,376

 

 

 

 

Depreciation and Amortization

 

 

Capital Expenditures

 

Year Ended December 31,

 

2022

 

 

2021

 

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

36,301

 

 

$

36,243

 

 

$

39,265

 

 

$

30,005

 

Europe

 

 

54,871

 

 

 

63,392

 

 

 

17,892

 

 

 

34,108

 

 

 

$

91,172

 

 

$

99,635

 

 

$

57,157

 

 

$

64,113

 

 

 

 

Property, Plant and Equipment, net

 

 

Intangible Assets

 

Year Ended December 31,

 

2022

 

 

2021

 

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

North America

 

$

220,321

 

 

$

214,331

 

 

$

 

 

$

 

Europe

 

 

253,639

 

 

 

280,070

 

 

 

51,497

 

 

 

76,870

 

 

 

$

473,960

 

 

$

494,401

 

 

$

51,497

 

 

$

76,870

 

 

 

 

Total Assets

 

Year Ended December 31,

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

North America

 

$

582,339

 

 

$

499,988

 

Europe

 

 

551,400

 

 

 

554,159

 

 

 

$

1,133,739

 

 

$

1,054,147

 

 

Geographic information

See table below for our net sales and long-lived assets by location:

 

 

 

Net Sales

 

 

Property, Plant and Equipment, net

 

Year Ended December 31,

 

2022

 

 

2021

 

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

5,574

 

 

$

8,166

 

 

$

1,476

 

 

$

2,152

 

Mexico

 

 

938,139

 

 

 

736,738

 

 

 

218,845

 

 

 

212,179

 

Germany

 

 

203,979

 

 

 

227,887

 

 

 

76,158

 

 

 

76,849

 

Poland

 

 

492,210

 

 

 

411,959

 

 

 

177,481

 

 

 

203,221

 

 

 

$

1,639,902

 

 

$

1,384,750

 

 

$

473,960

 

 

$

494,401