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Business Segments (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Summary of Net Sales and Results of Operations and Total Assets by Reportable Segment

 

(Dollars in thousands)

 

Net Sales

 

 

Income (loss) from Operations

 

Three Months Ended

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

North America

 

$

180,496

 

 

$

166,662

 

 

$

12,581

 

 

$

16,113

 

Europe

 

 

130,284

 

 

 

150,441

 

 

 

(5,207

)

 

 

3,125

 

 

 

$

310,780

 

 

$

317,103

 

 

$

7,374

 

 

$

19,238

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

Depreciation and Amortization

 

 

Capital Expenditures

 

Three Months Ended

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

North America

 

$

8,732

 

 

$

8,742

 

 

$

10,223

 

 

$

6,673

 

Europe

 

 

15,744

 

 

 

16,076

 

 

 

16,797

 

 

 

4,158

 

 

 

$

24,476

 

 

$

24,818

 

 

$

27,020

 

 

$

10,831

 

 

(Dollars in thousands)

 

Net Sales

 

 

Income (loss) from Operations

 

Nine Months Ended

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

North America

 

$

549,457

 

 

$

381,129

 

 

$

37,964

 

 

$

2,430

 

Europe

 

 

466,983

 

 

 

381,921

 

 

 

10,649

 

 

 

(200,324

)

 

 

$

1,016,440

 

 

$

763,050

 

 

$

48,613

 

 

$

(197,894

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

Depreciation and Amortization

 

 

Capital Expenditures

 

Nine Months Ended

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

North America

 

$

27,453

 

 

$

25,967

 

 

$

18,330

 

 

$

19,109

 

Europe

 

 

47,993

 

 

 

47,167

 

 

 

29,241

 

 

 

14,483

 

 

 

$

75,446

 

 

$

73,134

 

 

$

47,571

 

 

$

33,592

 

 

(Dollars in thousands)

 

Property, Plant and Equipment, net

 

 

Intangible Assets

 

 

 

September 30,

2021

 

 

December 31,

2020

 

 

September 30,

2021

 

 

December 31,

2020

 

North America

 

$

211,253

 

 

$

220,145

 

 

$

 

 

$

 

Europe

 

 

290,519

 

 

 

301,979

 

 

 

85,177

 

 

 

110,796

 

 

 

$

501,772

 

 

$

522,124

 

 

$

85,177

 

 

$

110,796

 

 

(Dollars in thousands)

 

Total Assets

 

 

 

September 30,

2021

 

 

December 31,

2020

 

North America

 

$

477,922

 

 

$

479,873

 

Europe

 

 

614,346

 

 

 

629,452

 

 

 

$

1,092,268

 

 

$

1,109,325

 

 

 

Net sales and long-lived assets by location are as follows:

 

(Dollars in thousands)

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

 

September 30,

2021

 

 

September 30,

2020

 

 

September 30,

2021

 

 

September 30,

2020

 

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

2,832

 

 

$

5,094

 

 

$

5,651

 

 

$

24,890

 

 

Mexico

 

 

177,664

 

 

 

161,568

 

 

 

543,806

 

 

 

356,239

 

 

Germany

 

 

43,084

 

 

 

58,413

 

 

 

166,483

 

 

 

142,177

 

 

Poland

 

 

87,200

 

 

 

92,028

 

 

 

300,500

 

 

 

239,744

 

 

Consolidated net sales

 

$

310,780

 

 

$

317,103

 

 

$

1,016,440

 

 

$

763,050

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

Property, Plant and Equipment, net

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

2021

 

 

December 31,

2020

 

 

U.S.

 

 

 

 

 

 

 

 

 

$

2,291

 

 

$

7,324

 

 

Mexico

 

 

 

 

 

 

 

 

 

 

208,962

 

 

 

212,821

 

 

Germany

 

 

 

 

 

 

 

 

 

 

85,019

 

 

 

82,162

 

 

Poland

 

 

 

 

 

 

 

 

 

 

205,500

 

 

 

219,817

 

 

Property, plant and equipment, net

 

 

 

 

 

 

 

 

 

$

501,772

 

 

$

522,124