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Reportable Segments and Geographic Areas Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Reportable Segment Financial Information

			2022						2021						2020
			(In thousands)
Operating income and income before income taxes:
Segment operating income:
Electronic Instruments			$	1,089,729					$	958,183					$	770,620
Electromechanical			503,593						437,378						324,962
Total segment operating income			1,593,322						1,395,561						1,095,582
Corporate administrative expenses			(92,630)						(86,891)						(67,698)
Consolidated operating income			1,500,692						1,308,670						1,027,884
Interest and other income (expenses), net			(72,000)						(85,500)						54,425
Consolidated income before income taxes			$	1,428,692					$	1,223,170					$	1,082,309
Assets:
Electronic Instruments			$	9,430,797					$	8,672,711
Electromechanical			2,617,685						2,638,773
Total segment assets			12,048,482						11,311,484
Corporate			382,638						586,703
Consolidated assets			$	12,431,120					$	11,898,187

			2022						2021						2020
			(In thousands)
Additions to property, plant and equipment(1):
Electronic Instruments			$	93,505					$	168,267					$	48,638
Electromechanical			38,186						34,586						26,381
Total segment additions to property, plant and equipment			131,691						202,853						75,019
Corporate			19,757						10,417						1,007
Consolidated additions to property, plant and equipment			$	151,448					$	213,270					$	76,026
Depreciation and amortization:
Electronic Instruments			$	238,436					$	210,118					$	174,494
Electromechanical			77,896						79,497						78,297
Total segment depreciation and amortization			316,332						289,615						252,791
Corporate			3,095						2,497						2,484
Consolidated depreciation and amortization			$	319,427					$	292,112					$	255,275

___________________

(1)Includes $12.4 million in 2022, $102.6 million in 2021 and $1.8 million in 2020 from acquired businesses.

Information about Company's Operations in Different Geographic Areas

Information about the Company’s operations in different geographic areas for the years ended December 31, 2022 and 2021 is shown below.

			2022						2021
			(In thousands)
Long-lived assets from continuing operations (excluding intangible assets):
United States			$	412,577					$	416,323
International(1):
United Kingdom			71,462						74,525
European Union countries			89,993						87,117
Asia			11,479						11,971
Other foreign countries			50,130						27,202
Total international			223,064						200,815
Total consolidated			$	635,641					$	617,138

_________________

(1)Represents long-lived assets of foreign-based operations only.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

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-Publisher FASB
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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