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Segment Information (Tables) | 9 Months Ended
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Sep. 26, 2020
Segment Reporting [Abstract] |
Schedule of segment reporting information, by segment | Segment information is summarized as follows:
|  | Three Months Ended |  | Nine Months Ended
(in thousands) |  | September 26, 2020 |  | September 28, 2019 |  | September 26, 2020 |  | September 28, 2019
Net sales |  |  |  |  |  |  |  |
Electronics |  | $ | 255,349 |  |  | $ | 227,252 |  |  | $ | 692,809 |  |  | $ | 752,199 |
Automotive |  | 104,724 |  |  | 104,681 |  |  | 271,493 |  |  | 326,814 |
Industrial |  | 31,493 |  |  | 30,038 |  |  | 80,697 |  |  | 86,337 |
Total net sales |  | $ | 391,566 |  |  | $ | 361,971 |  |  | $ | 1,044,999 |  |  | $ | 1,165,350 |
Depreciation and amortization |  |  |  |  |  |  |  |
Electronics |  | $ | 15,819 |  |  | $ | 14,960 |  |  | $ | 46,967 |  |  | 45,031 |
Automotive |  | 7,370 |  |  | 7,067 |  |  | 21,628 |  |  | 20,848 |
Industrial |  | 1,140 |  |  | 1,061 |  |  | 3,270 |  |  | 3,177 |
Total depreciation and amortization |  | $ | 24,329 |  |  | $ | 23,088 |  |  | $ | 71,865 |  |  | $ | 69,056 |
Operating income |  |  |  |  |  |  |  |
Electronics |  | $ | 45,860 |  |  | $ | 34,567 |  |  | $ | 110,783 |  |  | $ | 127,233 |
Automotive |  | 15,383 |  |  | 11,437 |  |  | 20,642 |  |  | 34,987 |
Industrial |  | 4,898 |  |  | 6,822 |  |  | 8,409 |  |  | 16,158 |
Other(a) |  | (1,583) |  |  | (5,659) |  |  | (42,476) |  |  | (17,904) |
Total operating income |  | 64,558 |  |  | 47,167 |  |  | 97,358 |  |  | 160,474 |
Interest expense |  | 4,988 |  |  | 5,559 |  |  | 16,261 |  |  | 16,834 |
Foreign exchange (gain) loss |  | (6,174) |  |  | 4,968 |  |  | (9,600) |  |  | 5,636 |
Other income, net |  | (1,682) |  |  | (4,764) |  |  | (1,643) |  |  | (3,406) |
Income before income taxes |  | $ | 67,426 |  |  | $ | 41,404 |  |  | $ | 92,340 |  |  | $ | 141,410 |
(a) Included in “Other” Operating income for the third quarter of 2020 is $0.3 million ($1.6 million year-to-date) of acquisition-related and integration charges related to the IXYS acquisition and other contemplated acquisitions. In addition, there was $1.3 million ($40.9 million year-to-date) of restructuring, impairment and other charges, primarily related to employee termination costs of $1.2 million ($4.6 million year-to-date), and other restructuring charges of $0.1 million ($0.2 million year-to-date), the goodwill impairment charge of $33.8 million recorded in the second quarter associated with the automotive sensors reporting unit within the Automotive segment, and impairment charges of $2.2 million recorded in the first quarter associated with the announced consolidation of a manufacturing facility within the Industrial segment. See Note 4, Goodwill and Other Intangible Assets and Note 6, Restructuring, Impairment and Other Charges, for further discussion.
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 |  | Nine Months Ended
(in thousands) |  | September 26, 2020 |  | September 28, 2019 |  | September 26, 2020 |  | September 28, 2019
Net sales |  |  |  |  |  |  |  |
United States |  | $ | 106,121 |  |  | $ | 105,292 |  |  | $ | 285,901 |  |  | $ | 340,811 |
China |  | 126,506 |  |  | 101,960 |  |  | 314,547 |  |  | 316,553 |
Other countries(a) |  | 158,939 |  |  | 154,719 |  |  | 444,551 |  |  | 507,986 |
Total net sales |  | $ | 391,566 |  |  | $ | 361,971 |  |  | $ | 1,044,999 |  |  | $ | 1,165,350 |
The Company’s long-lived assets by country were as follows:
(in thousands) |  | September 26, 2020 |  | December 28, 2019
Long-lived assets |  |  |  |
United States |  | $ | 52,009 |  |  | $ | 58,081 |
China |  | 82,956 |  |  | 88,306 |
Mexico |  | 68,346 |  |  | 73,096 |
Germany |  | 37,611 |  |  | 36,025 |
Philippines |  | 64,171 |  |  | 51,738 |
Other countries(a) |  | 34,777 |  |  | 37,371 |
Total long-lived assets |  | $ | 339,870 |  |  | $ | 344,617 |
The Company’s additions to long-lived assets by country were as follows:
|  | Nine Months Ended
(in thousands) |  | September 26, 2020 |  | September 28, 2019
Additions to long-lived assets |  |  |  |
United States |  | $ | 2,712 |  |  | $ | 4,972 |
China |  | 6,414 |  |  | 12,418 |
Mexico |  | 7,291 |  |  | 12,650 |
Germany |  | 3,793 |  |  | 4,335 |
Philippines |  | 15,331 |  |  | 9,546 |
Other countries(a) |  | 1,152 |  |  | 3,454 |
Total additions to long-lived assets |  | $ | 36,693 |  |  | $ | 47,375 |
(a)Each country included in other countries is 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=120311839&loc=d3e9038-108599 + 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=120311839&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=120311839&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=120311839&loc=d3e8906-108599 + Details
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