(19) Segment Data

The Company is organized based on the nature of the products and services that it offers. Under this structure, the Company produces products and our chief operating decision maker analyzes the Company within two distinct segments: Component Products and Packaging. Within the Packaging segment, the Company primarily uses polyethylene and polyurethane foams, sheet plastics, and pulp fiber to provide customers with cushion packaging for their products. Within the Component Products segment, the Company primarily uses cross-linked polyethylene foam to provide customers in the automotive, athletic, leisure, and health and beauty industries with engineered products for numerous purposes.

The accounting policies of the segments are the same as those described in Note 1. Interest expense has been allocated based on operating results for each segment.

Inter-segment transactions are uncommon and not material. Therefore, they have not been separately reflected in the financial table below. The totals of the reportable segments’ revenues, net profits, and assets agree with the Company’s consolidated amounts contained in the audited financial statements. Revenues from customers outside of the United States are not material.

Sales to the top customer in the Company’s Component Products segment comprised 5.2%, 5.7% and 10.9% of that segment’s total sales and 3.5%, 3.8% and 7.2% of the Company’s total sales for the years ended December 31, 2013, 2012 and 2011, respectively. Sales to the top customer in the Company’s Packaging segment comprised 10.4%, 8.8% and 6.9% of that segment’s total sales and 3.4%, 2.9% and 2.3% of the Company’s total sales for the years ended December 31, 2013, 2012 and 2011, respectively.

The results for the Packaging segment include the operations of United Development Company Limited for the year ended 2011.

The Company presents cash and cash equivalents as unallocated assets.

Financial statement information by reportable segment is as follows (in thousands):

2013	Component Products		Packaging		Unallocated Assets		Total
Sales	$	93,188	$	46,035	$	—	$	139,223
Operating income	11,760		5,638		—		17,398
Total assets	30,001		37,716		37,303		105,020
Depreciation / Amortization	1,783		2,301		—		4,084
Capital expenditures	2,798		3,032		—		5,830
Interest expense, net	91		114		—		205
Goodwill	5,304		2,018		—		7,322

2012	Component Products		Packaging		Unallocated Assets		Total
Sales	$	88,171	$	42,791	$	—	$	130,962
Operating income	13,586		3,080		—		16,666
Total assets	34,502		30,635		33,480		98,617
Depreciation / Amortization	1,348		1,580		—		2,928
Capital expenditures	2,511		9,483		—		11,994
Interest expense, net	40		50		—		90
Goodwill	5,021		2,018		—		7,039

2011	Component Products		Packaging		Unallocated Assets		Total
Sales	$	84,652	$	42,592	$	—	$	127,244
Operating income	13,036		2,680		—		15,716
Total assets	27,169		22,703		29,849		79,721
Depreciation / Amortization	1,544		1,237		—		2,781
Capital expenditures	1,029		2,712		—		3,741
Interest expense, net	15		12		—		27
Goodwill	4,463		2,018		—		6,481