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Business Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Summarized Financial Information of Reportable Segments | The following is a summary of the financial information of our reportable segments as of and for the years ended December 31, 2021, 2020 and 2019 reconciled to the amounts reported in the consolidated financial statements.
|  |  |  | Subtotal—Reportable Segments |  | Eliminations and All Other |  | Consolidated Total
| FPD |  | FCD |  |  |
| (Amounts in thousands)
Year Ended December 31, 2021: |  |  |  |  |  |  |  |  |
Sales to external customers | $2,468,098 |  |  | $ | 1,072,962 |  |  | $ | 3,541,060 |  |  | $ | — |  |  | $ | 3,541,060 |
Intersegment sales | 2,750 |  |  | 2,924 |  |  | 5,674 |  |  | (5,674) |  |  | — |
Segment operating income (loss) | 243,203 |  |  | 119,651 |  |  | 362,854 |  |  | (92,095) |  |  | 270,759 |
Depreciation and amortization | 51,094 |  |  | 21,286 |  |  | 72,380 |  |  | 27,442 |  |  | 99,822 |
Identifiable assets | 2,927,346 |  |  | 1,223,316 |  |  | 4,150,662 |  |  | 599,106 |  |  | 4,749,768 |
Capital expenditures | 21,575 |  |  | 12,283 |  |  | 33,858 |  |  | 21,078 |  |  | 54,936 |
|  |  |  | Subtotal—Reportable Segments |  | Eliminations and All Other |  | Consolidated Total
| FPD |  | FCD |  |  |
| (Amounts in thousands)
Year Ended December 31, 2020: |  |  |  |  |  |  |  |  |
Sales to external customers | $2,673,705 |  |  | $ | 1,054,429 |  |  | $ | 3,728,134 |  |  | $ | — |  |  | $ | 3,728,134 |
Intersegment sales | 1,965 |  |  | 3,120 |  |  | 5,085 |  |  | (5,085) |  |  | — |
Segment operating income (loss) | 270,960 |  |  | 125,573 |  |  | 396,533 |  |  | (146,256) |  |  | 250,277 |
Depreciation and amortization | 52,390 |  |  | 21,949 |  |  | 74,339 |  |  | 26,414 |  |  | 100,753 |
Identifiable assets | 3,039,069 |  |  | 1,308,136 |  |  | 4,347,205 |  |  | 967,472 |  |  | 5,314,677 |
Capital expenditures | 21,714 |  |  | 14,043 |  |  | 35,757 |  |  | 21,648 |  |  | 57,405 |
|  |  |  | Subtotal—Reportable Segments |  | Eliminations and All Other |  | Consolidated Total
| FPD |  | FCD |  |  |
| (Amounts in thousands)
Year Ended December 31, 2019: |  |  |  |  |  |  |  |  |
Sales to external customers | $ | 2,704,445 |  |  | $ | 1,235,252 |  |  | $ | 3,939,697 |  |  | $ | — |  |  | $ | 3,939,697 |
Intersegment sales | 1,833 |  |  | 3,631 |  |  | 5,464 |  |  | (5,464) |  |  | — |
Segment operating income (loss) | 343,514 |  |  | 191,945 |  |  | 535,459 |  |  | (148,836) |  |  | 386,623 |
Depreciation and amortization | 50,845 |  |  | 23,577 |  |  | 74,422 |  |  | 31,482 |  |  | 105,904 |
Identifiable assets | 2,974,161 |  |  | 1,333,926 |  |  | 4,308,087 |  |  | 630,190 |  |  | 4,938,277 |
Capital expenditures | 26,450 |  |  | 14,449 |  |  | 40,899 |  |  | 34,817 |  |  | 75,716 |
Schedule of Sales and Long-lived Assets by Geographic Area | Sales and long-lived assets by geographic area are as follows:
| Year Ended December 31, 2021
| Sales |  | Percentage |  | Long-Lived Assets(a) |  | Percentage
| (Amounts in thousands, except percentages)
United States | $ | 1,376,771 |  |  | 38.9 | % |  | $ | 476,176 |  |  | 49.2 | %
EMA(1) | 1,270,326 |  |  | 35.9 | % |  | 298,426 |  |  | 30.8 | %
Asia(2) | 557,314 |  |  | 15.7 | % |  | 141,810 |  |  | 14.6 | %
Other(3) | 336,649 |  |  | 9.5 | % |  | 51,688 |  |  | 5.4 | %
Consolidated total | $ | 3,541,060 |  |  | 100.0 | % |  | $ | 968,100 |  |  | 100.0 | %
| Year Ended December 31, 2020
| Sales |  | Percentage |  | Long-Lived Assets |  | Percentage
| (Amounts in thousands, except percentages)
United States | $ | 1,463,680 |  |  | 39.3 | % |  | $ | 455,622 |  |  | 46.2 | %
EMA(1) | 1,385,245 |  |  | 37.2 | % |  | 336,577 |  |  | 34.1 | %
Asia(2) | 535,440 |  |  | 14.4 | % |  | 138,947 |  |  | 14.1 | %
Other(3) | 343,769 |  |  | 9.1 | % |  | 55,278 |  |  | 5.6 | %
Consolidated total | $ | 3,728,134 |  |  | 100.0 | % |  | $ | 986,424 |  |  | 100.0 | %
| Year Ended December 31, 2019
| Sales |  | Percentage |  | Long-Lived Assets |  | Percentage
| (Amounts in thousands, except percentages)
United States | $ | 1,632,582 |  |  | 41.4 | % |  | $ | 481,474 |  |  | 48.0 | %
EMA(1) | 1,397,308 |  |  | 35.5 | % |  | 312,668 |  |  | 31.2 | %
Asia(2) | 551,759 |  |  | 14.0 | % |  | 143,848 |  |  | 14.3 | %
Other(3) | 358,048 |  |  | 9.1 | % |  | 64,846 |  |  | 6.5 | %
Consolidated total | $ | 3,939,697 |  |  | 100.0 | % |  | $ | 1,002,836 |  |  | 100.0 | %
___________________________________ (1)"EMA" includes Europe, the Middle East and Africa. Germany accounted for approximately 6% for 2021, 7% for 2020 and 6% for 2019, of consolidated long-lived assets. No other individual country within this group represents 10% or more of consolidated totals for any period presented. (2)"Asia" includes Asia and Australia. No individual country within this group represents 10% or more of consolidated totals for any period presented. (3)"Other" includes Canada and Latin America. No individual country within this group represents 10% or more of consolidated totals for any period presented.

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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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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