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SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2015
SEGMENTS [Abstract]  
Key financial data
The following is a summary of key financial data:


 
 
Three Months Ended
  
Six Months Ended
 
 
 
June 30,
  
June 30,
 
 
 
2015
  
2014
  
2015
  
2014
 
Net Sales to External Customers:
 
  
  
  
 
    North America
 
$
76,504
  
$
35,064
  
$
153,264
  
$
63,795
 
    Asia
  
48,610
   
51,223
   
94,131
   
94,271
 
    Europe
  
20,544
   
13,152
   
40,278
   
24,019
 
 
 
$
145,658
  
$
99,439
  
$
287,673
  
$
182,085
 
 
                
Net Sales:
                
North America
 
$
84,491
  
$
39,405
  
$
171,508
  
$
70,859
 
Asia
  
80,189
   
61,968
   
153,338
   
111,860
 
Europe
  
41,967
   
16,550
   
83,504
   
27,441
 
Less intercompany net sales
  
(60,989
)
  
(18,484
)
  
(120,677
)
  
(28,075
)
 
 
$
145,658
  
$
99,439
  
$
287,673
  
$
182,085
 
 
                
Income from Operations:
                
North America
 
$
(1,215
)
 
$
(1,617
)
 
$
2,255
  
$
(734
)
Asia
  
5,161
   
4,715
   
5,713
   
6,388
 
Europe
  
3,506
   
616
   
8,530
   
941
 
 
 
$
7,452
  
$
3,714
  
$
16,498
  
$
6,595
 
Components of segment sales, income from operations and total assets
The 2014 Acquisitions contributed to Bel's segment sales and income from operations during the three and six months ended June 30, 2015 and 2014 as follows:



 
 
Three Months Ended
  
Six Months Ended
 
 
 
June 30,
  
June 30,
 
 
 
2015
  
2014
  
2015
  
2014
 
Net Sales to External Customers:
 
  
  
  
 
North America:
 
  
  
  
 
    Power Solutions
 
$
32,999
  
$
5,037
  
$
66,398
  
$
5,037
 
    Connectivity Solutions
  
13,986
   
-
   
28,475
   
-
 
 
  
46,985
   
5,037
   
94,873
   
5,037
 
Asia:
                
    Power Solutions
  
292
   
357
   
642
   
357
 
    Connectivity Solutions
  
1,160
   
-
   
2,238
   
-
 
 
  
1,452
   
357
   
2,880
   
357
 
Europe:
                
    Power Solutions
  
8,065
   
1,839
   
15,981
   
1,839
 
    Connectivity Solutions
  
1,913
   
-
   
3,491
   
-
 
 
  
9,978
   
1,839
   
19,472
   
1,839
 
 
                
 
 
$
58,415
  
$
7,233
  
$
117,225
  
$
7,233
 
 
                



 
 
Three Months Ended
  
Six Months Ended
 
 
 
June 30,
  
June 30,
 
 
 
2015
  
2014
  
2015
  
2014
 
Income (Loss) from Operations:
 
  
  
  
 
North America:
 
  
  
  
 
    Power Solutions
 
$
(2,954
)
 
$
(1,125
)
 
$
(1,855
)
 
$
(1,125
)
    Connectivity Solutions
  
585
   
-
   
1,521
   
-
 
 
  
(2,369
)
  
(1,125
)
  
(334
)
  
(1,125
)
Asia:
                
    Power Solutions
  
(563
)
  
(162
)
  
(1,510
)
  
(162
)
    Connectivity Solutions
  
(327
)
  
-
   
(493
)
  
-
 
 
  
(890
)
  
(162
)
  
(2,003
)
  
(162
)
Europe:
                
    Power Solutions
  
1,858
   
297
   
6,318
   
297
 
    Connectivity Solutions
  
217
   
-
   
398
   
-
 
 
  
2,075
   
297
   
6,716
   
297
 
 
                
 
 
$
(1,184
)
 
$
(990
)
 
$
4,379
  
$
(990
)