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Note 11 - Segment Information | 6 Months Ended
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Jun. 30, 2019
Notes to Financial Statements |
Concentration Risk Disclosure [Text Block] | NOTE 11 – 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. Summary information by operating segment follows:
|  | AMERICAS |  |  | EUROPE |  |  | ASIA- PACIFIC |  |  | TOTAL |
|  | (I n thousands) |
Three Months Ended June 30, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 207,250 |  |  | $ | 95,665 |  |  | $ | 54,592 |  |  | $ | 357,507 |
Depreciation and amortization |  |  | 3,300 |  |  |  | 4,651 |  |  |  | 2,108 |  |  |  | 10,059 |
Total assets |  |  | 652,647 |  |  |  | 562,835 |  |  |  | 191,207 |  |  |  | 1,406,689 |
Three Months Ended July 1, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 176,380 |  |  | $ | 65,865 |  |  | $ | 41,381 |  |  | $ | 283,626 |
Depreciation and amortization |  |  | 3,480 |  |  |  | 2,048 |  |  |  | 2,212 |  |  |  | 7,740 |
Six Months Ended June 30, 2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 367,876 |  |  | $ | 188,715 |  |  | $ | 98,604 |  |  | $ | 655,195 |
Depreciation and amortization |  |  | 6,551 |  |  |  | 9,331 |  |  |  | 4,240 |  |  |  | 20,122 |
Six Months Ended July 1, 2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net Sales |  | $ | 311,605 |  |  | $ | 132,421 |  |  | $ | 80,163 |  |  | $ | 524,189 |
Depreciation and amortization |  |  | 7,091 |  |  |  | 4,302 |  |  |  | 4,420 |  |  |  | 15,813 |
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 |  | Ju ne 30, 201 9 |  |  | July 1, 2018 |
|  | (In thousands) |
Total segment depreciation and amortization |  | $ | 10,059 |  |  | $ | 7,740 |
Corporate depreciation and amortization |  |  | 1,295 |  |  |  | 719 |
Reported depreciation and amortization |  | $ | 11,354 |  |  | $ | 8,459 |
|  | Six Months Ended |
DEPRECIATION AND AMORTIZATION |  | Ju ne 30, 201 9 |  |  | July 1, 2018 |
|  | (In thousands) |
Total segment depreciation and amortization |  | $ | 20,122 |  |  | $ | 15,813 |
Corporate depreciation and amortization |  |  | 2,576 |  |  |  | 1,377 |
Reported depreciation and amortization |  | $ | 22,698 |  |  | $ | 17,190 |
ASSETS |  | June 30, 2019 |
|  | (In thousands) |
Total segment assets |  | $ | 1,406,689 |
Corporate assets and eliminations |  |  | 47,604 |
Reported total assets |  | $ | 1,454,293 |

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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