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Note 7 - Segment Information
 6 Months Ended
Jul. 03, 2016
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
NOTE 7 – SEGMENT INFORMATION
 
Based on applicable accounting standards, the Company has determined that it has three operating segments – namely, the Americas, Europe and Asia-Pacific geographic regions. Pursuant to accounting standards, the Company has aggregated the three operating segments into one reporting segment because they have similar economic characteristics, and the operating segments are similar in all of the following areas: (a) the nature of the products and services; (b) the nature of the production processes; (c) the type or class of customer for their products and services; (d) the methods used to distribute their products or provide their services; and (e) the nature of the regulatory environment.
 
While the Company operates as one reporting segment for the reasons discussed, included below is selected information on our operating segments.
 
 
 
AMERICAS
 
 
EUROPE
 
 
ASIA-
PACIFIC
 
 
TOTAL
 
 
 
(in thousands)
 
Three Months Ended July 3, 2016:
                                
                                 
Net Sales
   $ 148,761     $ 61,264     $ 38,182     $ 248,207  
Depreciation and amortization
     3,611       1,297       2,169       7,077  
Total assets
     244,313       256,381       187,705       688,399  
                                 
Three Months Ended July 5, 2015:
                                
                                 
Net Sales
   $ 158,243     $ 66,273     $ 39,121     $ 263,637  
Depreciation and amortization
     3,879       1,231       2,297       7,407  
                                 
Six Months Ended July 3, 2016:
                                
                                 
Net Sales
   $ 279,177     $ 119,222     $ 72,362     $ 470,761  
Depreciation and amortization
     7,268       2,571       4,385       14,224  
                                 
Six Months Ended July 5, 2015:
                                
                                 
Net Sales
   $ 297,590     $ 130,780     $ 72,171     $ 500,541  
Depreciation and amortization
     7,820       2,436       4,662       14,918  
 
A reconciliation of the Company’s total operating segment depreciation and amortization, and assets to the corresponding consolidated amounts follows:
 
 
 
Three Months Ended
 
DEPRECIATION AND AMORTIZATION
 
July 3, 2016
 
 
July 5, 2015
 
 
 
(In thousands)
 
Total segment depreciation and amortization
   $ 7,077     $ 7,407  
Corporate depreciation and amortization
     366       343  
                 
Reported depreciation and amortization
   $ 7,443     $ 7,750  
                 
 
 
 
Six Months Ended
 
DEPRECIATION AND AMORTIZATION
 
July 3, 2016
 
 
July 5, 2015
 
 
 
(In thousands)
 
       
Total segment depreciation and amortization
   $ 14,224     $ 14,918  
Corporate depreciation and amortization
     736       621  
                 
Reported depreciation and amortization
   $ 14,960     $ 15,539  
 
ASSETS
 
July 3, 2016
 
 
 
(In thousands)
 
Total segment assets
   $ 688,399  
Corporate assets and eliminations
     76,720  
         
Reported total assets
   $ 765,119