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Segment Information | 3 Months Ended
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Mar. 31, 2018
Segment Reporting [Abstract] |
Segment Information | Segment Information Our reporting structure is comprised of the following operating segments: ACS, EMS and PES. Our non-core businesses are reported in the Other operating segment. We believe this structure aligns our external reporting presentation with how we currently manage and view our business internally. In January 2017, we acquired the principal operating assets of DSP, a custom manufacturer of silicone sheet, extrusions, stripping and compounds. We have integrated DSP into our EMS operating segment. On January 1, 2018, we adopted ASU 2014-09, Revenue from Contracts with Customers. See Note 19, “Revenue from Contracts with Customers” for further information about this adoption. The Company sells products to fabricators and distributors who then sell directly into various end markets. Specifically, end markets within the ACS operating segment include wireless infrastructure, aerospace and defense, auto safety and connectivity, and consumer electronics. End markets within the EMS operating segment include general industrial, portable electronics, mass transit, and automotive. End markets within the PES operating segment include industrial, e-mobility, renewable energy, mass transit, and micro channel coolers. End markets in the Other operating segment include automotive and industrial. The following table presents a disaggregation of revenue from contracts with customers for the periods indicated; inter-segment sales have been eliminated from the net sales data:
(Dollars in thousands) | Advanced Connectivity Solutions |  | Elastomeric Material Solutions |  | Power Electronics Solutions |  | Other |  | Total
Three Months Ended March 31, 2018 |  |  |  |  |  |  |  |  |
Net sales - recognized over time | $ | — |  |  | $ | 1,039 |  |  | $ | 57,400 |  |  | $ | 4,648 |  |  | $ | 63,087 |
Net sales - recognized at a point in time | 73,455 |  |  | 77,044 |  |  | 314 |  |  | 711 |  |  | 151,524 |
Total net sales | $ | 73,455 |  |  | $ | 78,083 |  |  | $ | 57,714 |  |  | $ | 5,359 |  |  | $ | 214,611 |
Operating income | $ | 7,903 |  |  | $ | 14,159 |  |  | $ | 7,021 |  |  | $ | 1,961 |  |  | $ | 31,044 |
Three Months Ended March 31, 2017 (1) |  |  |  |  |  |  |  |  |
Net sales - recognized over time | $ | — |  |  | $ | 667 |  |  | $ | 42,273 |  |  | $ | 5,096 |  |  | $ | 48,036 |
Net sales - recognized at a point in time | 78,528 |  |  | 76,197 |  |  | 379 |  |  | 688 |  |  | 155,792 |
Total net sales | $ | 78,528 |  |  | $ | 76,864 |  |  | $ | 42,652 |  |  | $ | 5,784 |  |  | $ | 203,828 |
Operating income | $ | 19,498 |  |  | $ | 12,790 |  |  | $ | 4,844 |  |  | $ | 1,905 |  |  | $ | 39,037 |
(1) For comparison purposes, this table reflects the disaggregation of 2017 revenue in accordance with Accounting Standards Codification 606, Revenue from Contracts with Customers (ASC 606). The following table sets forth the operating income reconciliation to the condensed consolidated statements of operations for the periods indicated:
| Three Months Ended
| March 31,
(Dollars in thousands) | 2018 |  | 2017
Operating income | $ | 31,044 |  |  | $ | 39,037 |
Equity income in unconsolidated joint ventures | 1,007 |  |  | 1,009 |
Other income (expense), net | 66 |  |  | 1,119 |
Interest expense, net | (1,210 | ) |  | (1,248 | )
Income before income tax expense | $ | 30,907 |  |  | $ | 39,917 |
Information relating to our segment operations by geographic area was as follows:
(Dollars in thousands) |  | Net Sales (1)
Region/Country |  | Advanced Connectivity Solutions |  | Elastomeric Material Solutions |  | Power Electronics Solutions |  | Other |  | Total
March 31, 2018 |  |  |  |  |  |  |  |  |  |
United States |  | 12,278 |  |  | 37,692 |  |  | 8,578 |  |  | 1,257 |  |  | 59,805 |
Other Americas |  | 826 |  |  | 1,801 |  |  | 358 |  |  | (170 | ) |  | 2,815 |
Total Americas |  | 13,104 |  |  | 39,493 |  |  | 8,936 |  |  | 1,087 |  |  | 62,620 |
China |  | 33,507 |  |  | 20,794 |  |  | 9,422 |  |  | 1,317 |  |  | 65,040 |
Other APAC |  | 15,338 |  |  | 9,160 |  |  | 6,451 |  |  | 793 |  |  | 31,742 |
Total APAC |  | 48,845 |  |  | 29,954 |  |  | 15,873 |  |  | 2,110 |  |  | 96,782 |
Germany |  | 6,250 |  |  | 2,742 |  |  | 14,710 |  |  | 169 |  |  | 23,871 |
Other EMEA |  | 5,256 |  |  | 5,894 |  |  | 18,195 |  |  | 1,993 |  |  | 31,338 |
Total EMEA |  | 11,506 |  |  | 8,636 |  |  | 32,905 |  |  | 2,162 |  |  | 55,209 |
Total Net sales |  | 73,455 |  |  | 78,083 |  |  | 57,714 |  |  | 5,359 |  |  | 214,611 |
March 31, 2017 |  |  |  |  |  |  |  |  |  |
United States |  | 13,220 |  |  | 38,104 |  |  | 8,590 |  |  | 1,215 |  |  | 61,129 |
Other Americas |  | 567 |  |  | 2,472 |  |  | 303 |  |  | 184 |  |  | 3,526 |
Total Americas |  | 13,787 |  |  | 40,576 |  |  | 8,893 |  |  | 1,399 |  |  | 64,655 |
China |  | 37,423 |  |  | 16,915 |  |  | 6,367 |  |  | 1,342 |  |  | 62,047 |
Other APAC |  | 15,924 |  |  | 9,944 |  |  | 5,119 |  |  | 915 |  |  | 31,902 |
Total APAC |  | 53,347 |  |  | 26,859 |  |  | 11,486 |  |  | 2,257 |  |  | 93,949 |
Germany |  | 6,075 |  |  | 2,293 |  |  | 11,935 |  |  | 183 |  |  | 20,486 |
Other EMEA |  | 5,319 |  |  | 7,136 |  |  | 10,338 |  |  | 1,945 |  |  | 24,738 |
Total EMEA |  | 11,394 |  |  | 9,429 |  |  | 22,273 |  |  | 2,128 |  |  | 45,224 |
Total Net sales |  | 78,528 |  |  | 76,864 |  |  | 42,652 |  |  | 5,784 |  |  | 203,828 |
(1) | Net sales are allocated to countries based on the location of the customer. The table above includes countries with 10% or more of net sales for the periods indicated.

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- References No definition available. + Details
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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