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Segment Reporting
 12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Segment Reporting
(7) SEGMENT REPORTING

ASC 280, "Disclosures About Segments of an Enterprise and Related Information," requires that a public enterprise report financial and descriptive information about its reportable operating segments subject to certain aggregation criteria and quantitative thresholds. Operating segments are defined by ASC 280 as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision-makers in deciding how to allocate resources and in assessing performance.

 

      September 30,       September 30,       September 30,  
       2011        2010      2009  

Revenue:

                               

Automotive Products

                               

United States

      $ 334,692,637         $ 274,165,934       $ 173,459,790   

Germany

        248,495,295           212,555,637         159,713,458   

Japan

        76,123,221           64,412,780         54,867,288   

Other

        343,850,209           245,957,611         137,597,471   

Other

        20,600,687           19,171,452         18,884,986   
      

 

 

       

 

 

     

 

 

  

Total

      $ 1,023,762,049         $ 816,263,414       $ 544,522,993   
      

 

 

       

 

 

     

 

 

  
       

Income(Loss) from Operations:

                               

Automotive Products

      $ 231,030,145         $ 191,430,183       $ 96,815,575   

Other

        337,780           (458,114 )       (2,196,506 ) 
      

 

 

       

 

 

     

 

 

  

Total

      $ 231,367,925         $ 190,972,069       $ 94,619,069   
      

 

 

       

 

 

     

 

 

  
       

Assets:

                               

Automotive Products

      $ 566,395,900         $ 391,514,600       $ 311,306,542   

Other

        8,993,853           6,687,533         5,793,232   

Corporate

        600,637,249           604,488,506         505,503,715   
      

 

 

       

 

 

     

 

 

  

Total

      $ 1,176,027,002         $ 1,002,690,639       $ 822,603,489   
      

 

 

       

 

 

     

 

 

  
       

Depreciation & Amortization:

                               

Automotive Products

      $ 40,314,620         $ 35,722,078       $ 34,960,303   

Other

        320,900           275,599         243,734   

Corporate

        1,999,164           2,622,997         3,160,455   
      

 

 

       

 

 

     

 

 

  

Total

      $ 42,634,684         $ 38,620,674       $ 38,364,492   
      

 

 

       

 

 

     

 

 

  
       

Capital Expenditures:

                               

Automotive Products

      $ 115,377,859         $ 43,031,399       $ 15,250,621   

Other

        58,996           203,654         567,486   

Corporate

        4,740,875           3,661,897         5,312,393   
      

 

 

       

 

 

     

 

 

  

Total

      $ 120,177,730         $ 46,896,950       $ 21,130,500   
      

 

 

       

 

 

     

 

 

  

Other includes Fire Protection Products and Dimmable Aircraft Windows. Dimmable Aircraft Window sales were negligible during 2009, which resulted in a loss from operations for the "Other" category. Dimmable Aircraft Window sales increased during 2010 and 2011, which resulted in a reduced loss from operations for 2010 and income from operations for 2011 in the "Other" category.

   

Corporate assets are principally cash and cash equivalents, investments, deferred income taxes and corporate fixed assets. Substantially all long-lived assets are located in the U.S.

Automotive Products revenues in the "Other" category are sales to automotive manufacturing plants in Korea, Canada, Mexico, China, Hungary and the United Kingdom as well as other foreign automotive customers. Most of the Company's non-U.S. sales are invoiced and paid in U.S. dollars. During 2011, approximately 9% of the Company's net sales were invoiced and paid in foreign currencies.

The Company has five automotive customers (includes direct sales to OEM customers and sales through their Tier 1 suppliers), which individually accounted for 10% or more of net sales as follows:

 

      September 30,       September 30,       September 30,       September 30,       September 30,       September 30,       September 30,  

Customer

  
       VW/Audi     General
Motors		     Toyota
Motor
Corporation		     Hyundai/
Kia		     Daimler
AG		     BMW     Ford  

2011

        15 %      12 %      12 %      11 %      11 %      #        #   

2010

        13 %      15 %      15 %      #        12 %      #        #   

2009

        13 %      13 %      17 %      #        12 %      10 %      10 % 

 

# Less than 10%.