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Segment Information (Tables) | 6 Months Ended
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Jun. 29, 2019
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Segment information is summarized as follows:
|  | Three Months Ended |  | Six Months Ended
(in thousands) |  | June 29, 2019 |  | June 30, 2018 |  | June 29, 2019 |  | June 30, 2018
Net sales |  |  |  |  |  |  |  |
Electronics |  | $ | 259,553 |  |  | $ | 299,357 |  |  | $ | 524,947 |  |  | $ | 563,768 |
Automotive |  | 108,650 |  |  | 127,172 |  |  | 222,133 |  |  | 253,302 |
Industrial |  | 29,676 |  |  | 32,654 |  |  | 56,299 |  |  | 59,926 |
Total net sales |  | $ | 397,879 |  |  | $ | 459,183 |  |  | $ | 803,379 |  |  | $ | 876,996 |
Depreciation and amortization |  |  |  |  |  |  |  |
Electronics |  | $ | 14,729 |  |  | $ | 15,651 |  |  | $ | 30,071 |  |  | $ | 29,329 |
Automotive |  | 6,904 |  |  | 5,969 |  |  | 13,781 |  |  | 11,939 |
Industrial |  | 1,056 |  |  | 1,467 |  |  | 2,116 |  |  | 2,927 |
Other |  | — |  |  | 3,103 |  |  | — |  |  | 5,607 |
Total depreciation and amortization |  | $ | 22,689 |  |  | $ | 26,190 |  |  | $ | 45,968 |  |  | $ | 49,802 |
Operating income (loss) |  |  |  |  |  |  |  |
Electronics |  | $ | 43,630 |  |  | $ | 67,311 |  |  | $ | 92,666 |  |  | $ | 121,275 |
Automotive |  | 10,349 |  |  | 15,711 |  |  | 23,550 |  |  | 34,102 |
Industrial |  | 5,831 |  |  | 5,279 |  |  | 9,336 |  |  | 9,988 |
Other(a) |  | (7,176 | ) |  | (28,679 | ) |  | (12,245 | ) |  | (68,172 | )
Total operating income |  | 52,634 |  |  | 59,622 |  |  | 113,307 |  |  | 97,193 |
Interest expense |  | 5,589 |  |  | 5,782 |  |  | 11,275 |  |  | 11,205 |
Foreign exchange (gain) loss |  | (3,575 | ) |  | 3,200 |  |  | 668 |  |  | (7,354 | )
Other (income) expense, net |  | (2,947 | ) |  | (1,678 | ) |  | 1,358 |  |  | (3,621 | )
Income before income taxes |  | $ | 53,567 |  |  | $ | 52,318 |  |  | $ | 100,006 |  |  | $ | 96,963 |
(a) Included in “Other” Operating income (loss) for the 2019 second quarter is $1.5 million ($3.8 million year-to-date) of acquisition related and integration charges primarily related to the IXYS acquisition. In addition, there were $5.7 million ($8.4 million year-to-date)of restructuring charges primarily related to employee termination costs. See Note 8, Restructuring, Impairment and Other Charges, for further discussion. Included in "Other" Operating income (loss) for the second quarter of 2018 is includes approximately $26.8 million ($65.4 million year-to-date) of charges primarily related to the IXYS acquisition, which include $19.0 million ($36.9 million year-to-date) of purchase accounting inventory step-up charges, $2.0 million ($13.6 million year-to-date) in acquisition-related and integration costs primarily related to legal, accounting and other expenses, $3.1 million ($5.6 million year-to-date) in backlog amortization costs, $2.7 million of employee termination costs and other restructuring charges, and $4.5 million year-to-date stock compensation expense recognized immediately upon close for converted IXYS options related to prior service periods and $2.1 million year-to-date change in control expense related to IXYS. In addition, there were $0.5 million ($1.2 million year-to-date) of employee termination costs, other restructuring, impairment charges of $1.1 million associated with the exit of the Custom business in the second quarter, and $0.3 million ($0.5 million year-to-date) of acquisition-related expenses for other contemplated acquisitions.
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 Ended |  | Six Months Ended
(in thousands) |  | June 29, 2019 |  | June 30, 2018 |  | June 29, 2019 |  | June 30, 2018
Net sales |  |  |  |  |  |  |  |
United States |  | $ | 115,991 |  |  | $ | 137,236 |  |  | $ | 235,519 |  |  | $ | 261,112 |
China |  | 107,728 |  |  | 127,776 |  |  | 214,593 |  |  | 234,284 |
Other countries(a) |  | 174,160 |  |  | 194,171 |  |  | 353,267 |  |  | 381,600 |
Total net sales |  | $ | 397,879 |  |  | $ | 459,183 |  |  | $ | 803,379 |  |  | $ | 876,996 |
The Company’s long-lived assets by country were as follows:
(in thousands) |  | June 29, 2019 |  | December 29, 2018
Long-lived assets |  |  |  |
United States |  | $ | 58,015 |  |  | $ | 58,691 |
China |  | 92,621 |  |  | 95,806 |
Mexico |  | 74,147 |  |  | 70,495 |
Germany |  | 37,976 |  |  | 36,548 |
Philippines |  | 37,275 |  |  | 32,459 |
Other countries(a) |  | 38,466 |  |  | 45,895 |
Total long-lived assets |  | $ | 338,500 |  |  | $ | 339,894 |
The Company’s additions to long-lived assets by country were as follows:
|  | Six Months Ended
(in thousands) |  | June 29, 2019 |  | June 30, 2018
Additions to long-lived assets |  |  |  |
United States |  | $ | 3,454 |  |  | $ | 4,234 |
China |  | 4,958 |  |  | 14,711 |
Mexico |  | 8,727 |  |  | 8,874 |
Germany |  | 3,712 |  |  | 5,182 |
Philippines |  | 6,629 |  |  | 4,241 |
Other countries(a) |  | 2,378 |  |  | 3,073 |
Total additions to long-lived assets |  | $ | 29,858 |  |  | $ | 40,315 |
(a) Each country included in other countries are less than 10% of net sales.

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- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + 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 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
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