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Segment Information | 9 Months Ended
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Sep. 28, 2020
Segment Reporting [Abstract] |
Segment Information | (17) Segment Information The reportable segments shown below are the Company’s segments for which separate financial information is available and upon which operating results are evaluated by the chief operating decision maker to assess performance and to allocate resources. During the quarter ended September 28, 2020, the Company’s RF&S Components operating segment met the quantitative threshold for separate presentation of a reportable segment. In prior periods, the Company had two reportable segments: PCB and E-M Solutions. The RF&S Components reportable segment was previously aggregated with the PCB reportable segment. As a result, certain prior year amounts have been reclassified to conform with this new presentation. The PCB reportable segment is comprised of multiple operating segments. Factors considered to determine whether operating segments can be aggregated into reportable segments included similarity regarding economic characteristics, products, production processes, type or classes of customers, distribution methods, and regulatory environments. The Company, including the chief operating decision maker, evaluates segment performance based on reportable segment income, which is operating income before amortization of intangibles. Interest expense and interest income are not presented by segment since they are not included in the measure of segment profitability reviewed by the chief operating decision maker. All inter-segment transactions have been eliminated.
|  | Quarter Ended |  |  | Three Quarters Ended |
|  | September 28, 2020 |  |  | September 30, 2019 |  |  | September 28, 2020 |  |  | September 30, 2019 |
|  | (In thousands) |
Net Sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PCB |  | $ | 463,664 |  |  | $ | 452,816 |  |  | $ | 1,429,629 |  |  | $ | 1,366,762 |
RF&S Components |  |  | 11,742 |  |  |  | 13,644 |  |  |  | 33,274 |  |  |  | 51,725 |
E-M Solutions |  |  | 38,170 |  |  |  | 67,713 |  |  |  | 118,617 |  |  |  | 179,008 |
Total net sales |  | $ | 513,576 |  |  | $ | 534,173 |  |  | $ | 1,581,520 |  |  | $ | 1,597,495 |
Operating Segment (Loss) Income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
PCB |  | $ | 64,219 |  |  | $ | 51,326 |  |  | $ | 199,683 |  |  | $ | 164,458 |
RF&S Components |  |  | (66,098 | ) |  |  | 5,999 |  |  |  | (59,880 | ) |  |  | 25,824 |
E-M Solutions |  |  | (873 | ) |  |  | 3,236 |  |  |  | (20,779 | ) |  |  | 5,278 |
Corporate |  |  | (25,990 | ) |  |  | (28,750 | ) |  |  | (86,698 | ) |  |  | (75,537 | )
Total operating segment income |  |  | (28,742 | ) |  |  | 31,811 |  |  |  | 32,326 |  |  |  | 120,023 |
Amortization of definite-lived intangibles (1) |  |  | (11,510 | ) |  |  | (10,680 | ) |  |  | (33,400 | ) |  |  | (39,784 | )
Total operating (loss) income |  |  | (40,252 | ) |  |  | 21,131 |  |  |  | (1,074 | ) |  |  | 80,239 |
Total other expense |  |  | (22,520 | ) |  |  | (14,548 | ) |  |  | (57,916 | ) |  |  | (53,586 | )
(Loss) income before income taxes |  | $ | (62,772 | ) |  | $ | 6,583 |  |  | $ | (58,990 | ) |  | $ | 26,653 |
(1) | Amortization of definite-lived intangibles primarily relates to the PCB and RF&S Components reportable segments. For the quarter and three quarters ended September 28, 2020, $1,384 and $4,151, respectively, of amortization expense is included in cost of goods sold. For the quarter and three quarters ended September 30, 2019, $1,180 and $3,539, respectively, of amortization expense is included in cost of goods sold.
During the quarter and three quarters ended September 28, 2020, the Company recorded an impairment charge for goodwill of $69,200 related to its RF&S Components reportable segment. The Corporate category primarily includes operating expenses that are not included in the segment operating performance measures. Corporate consists primarily of corporate governance functions such as finance, accounting, information technology, facilities and human resources personnel, as well as global sales and marketing personnel, research and development costs, and acquisition and integration costs associated with acquisitions. The Company markets and sells its products in approximately 53 countries. Other than in the United States and China, the Company does not conduct business in any country in which its net sales in that country exceed 10% of the Company’s total net sales. Net sales are as follows:
|  | Quarter Ended |  |  | Three Quarters Ended |
|  | September 28, 2020 |  |  | September 30, 2019 |  |  | September 28, 2020 |  |  | September 30, 2019 |
|  | (In thousands) |
Net Sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 271,050 |  |  | $ | 281,875 |  |  | $ | 802,681 |  |  | $ | 841,196 |
China |  |  | 80,696 |  |  |  | 75,692 |  |  |  | 252,736 |  |  |  | 254,888 |
Other |  |  | 161,830 |  |  |  | 176,606 |  |  |  | 526,103 |  |  |  | 501,411 |
Total net sales |  | $ | 513,576 |  |  | $ | 534,173 |  |  | $ | 1,581,520 |  |  | $ | 1,597,495 |
Net sales are attributed to countries by country invoiced.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -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 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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