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Segment Information (Tables)
12 Months Ended
Dec. 28, 2020
Segment Reporting [Abstract]  
Reconciliation of Operating Income (Loss) from Segments to Consolidated

 

 

 

For the Year Ended

 

 

 

December 28, 2020

 

 

December 30, 2019

 

 

December 31, 2018

 

 

 

(In thousands)

 

Net Sales:

 

 

 

 

 

 

 

 

 

 

 

 

PCB

 

$

1,905,243

 

 

$

1,844,562

 

 

$

1,959,090

 

RF&S Components

 

 

44,656

 

 

 

62,315

 

 

 

52,705

 

E-M Solutions

 

 

155,423

 

 

 

226,333

 

 

 

225,947

 

Total net sales

 

$

2,105,322

 

 

$

2,133,210

 

 

$

2,237,742

 

Operating Segment Income (Loss):

 

 

 

 

 

 

 

 

 

 

 

 

PCB

 

$

262,304

 

 

$

233,642

 

 

$

262,143

 

RF&S Components

 

 

(56,671

)

 

 

29,376

 

 

 

24,713

 

E-M Solutions

 

 

(20,738

)

 

 

7,119

 

 

 

8,105

 

Corporate

 

 

(112,430

)

 

 

(109,910

)

 

 

(115,662

)

Total operating segment income

 

 

72,465

 

 

 

160,227

 

 

 

179,299

 

Amortization of definite-lived intangibles (1)

 

 

(44,373

)

 

 

(50,598

)

 

 

(60,328

)

Total operating income

 

 

28,092

 

 

 

109,629

 

 

 

118,971

 

Total other expense

 

 

(74,369

)

 

 

(75,303

)

 

 

(71,786

)

(Loss) income before income taxes

 

$

(46,277

)

 

$

34,326

 

 

$

47,185

 

 

 

 

 

For the Year Ended

 

 

 

December 28, 2020

 

 

December 30, 2019

 

 

December 31, 2018

 

 

 

(In thousands)

 

Depreciation Expense:

 

 

 

 

 

 

 

 

 

 

 

 

PCB

 

$

79,300

 

 

$

80,239

 

 

$

81,138

 

RF&S Components

 

 

1,742

 

 

 

1,720

 

 

 

1,120

 

E-M Solutions

 

 

9,843

 

 

 

3,476

 

 

 

2,850

 

Corporate

 

 

8,687

 

 

 

7,935

 

 

 

6,221

 

Total depreciation expense

 

$

99,572

 

 

$

93,370

 

 

$

91,329

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital Expenditures:

 

 

 

 

 

 

 

 

 

 

 

 

PCB

 

$

64,285

 

 

$

102,984

 

 

$

76,109

 

RF&S Components

 

 

1,514

 

 

 

3,683

 

 

 

2,104

 

E-M Solutions

 

 

722

 

 

 

2,302

 

 

 

3,918

 

Corporate

 

 

5,804

 

 

 

8,437

 

 

 

7,758

 

Total capital expenditures

 

$

72,325

 

 

$

117,406

 

 

$

89,889

 

(1)

Amortization of definite-lived intangibles primarily relates to the PCB and RF&S Components reportable segments. For the years ended December 28, 2020, December 30, 2019 and December 31, 2018, $5,535, $4,822 and $3,345, respectively, of amortization expense is included in cost of goods sold.

(2)

Segment assets for the PCB reportable segment as of December 30, 2019 include the Company’s Mobility business unit’s assets amounting to $493,169.

Reconciliation of Assets from Segment to Consolidated

 

 

 

 

As of

 

 

 

December 28, 2020

 

 

December 30, 2019

 

 

 

(In thousands)

 

Segment Assets:

 

 

 

 

 

 

 

 

PCB (2)

 

$

1,489,121

 

 

$

2,088,229

 

RF&S Components

 

 

227,990

 

 

 

38,536

 

E-M Solutions

 

 

128,109

 

 

 

156,580

 

Corporate

 

 

1,050,724

 

 

 

1,277,588

 

Total assets

 

$

2,895,944

 

 

$

3,560,933

 

 

Net Sales and Long-Lived Assets Net sales and long-lived assets are as follows:

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

Net Sales

 

 

Long-Lived Assets

 

 

Net Sales

 

 

Long-Lived Assets

 

 

Net Sales

 

 

Long-Lived Assets

 

 

 

(In thousands)

 

United States

 

$

1,086,440

 

 

$

1,154,218

 

 

$

1,118,725

 

 

$

1,348,741

 

 

$

977,265

 

 

$

1,315,174

 

China

 

 

334,462

 

 

 

387,627

 

 

 

341,779

 

 

 

335,191

 

 

 

354,931

 

 

 

378,978

 

Other

 

 

684,420

 

 

 

27,221

 

 

 

672,706

 

 

 

26,473

 

 

 

905,546

 

 

 

28,029

 

Total

 

$

2,105,322

 

 

$

1,569,066

 

 

$

2,133,210

 

 

$

1,710,405

 

 

$

2,237,742

 

 

$

1,722,181