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Operating Segments and Geographic Information | 12 Months Ended
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Dec. 31, 2018
Segment Reporting [Abstract] |
Operating Segments and Geographic Information | Note 15 – Operating Segment and Geographic Information Our reporting structure is comprised of the following strategic operating segments: ACS, EMS and PES. The remaining operations, which represent 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. On January 1, 2018, we adopted ASU 2014-09, Revenue from Contracts with Customers. For additional information regarding the impacts of adoption of new accounting guidance for revenue recognition, refer to “Note 16 – Revenue from Contracts with Customers.” We sell products to fabricators and distributors who then sell directly into various end markets. End markets within our ACS operating segment include wireless infrastructure, aerospace and defense, automotive, connected devices, wired infrastructure and consumer electronics. End markets within our EMS operating segment include portable electronics, mass transit, automotive and consumer. End markets within our PES operating segment include e-mobility, industrial, renewable energy, mass transit and micro channel coolers. End markets in our Other operating segment include automotive and industrial. The following table presents a disaggregation of revenue from contracts with customers and other pertinent financial information, 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
2018 |  |  |  |  |  |  |  |  |
Net sales - recognized over time | $ | — |  |  | $ | 5,788 |  |  | $ | 221,896 |  |  | $ | 16,973 |  |  | $ | 244,657 |
Net sales - recognized at a point in time | $ | 294,154 |  |  | $ | 335,576 |  |  | $ | 1,442 |  |  | $ | 3,262 |  |  | $ | 634,434 |
Total net sales | $ | 294,154 |  |  | $ | 341,364 |  |  | $ | 223,338 |  |  | $ | 20,235 |  |  | $ | 879,091 |
Operating income | $ | 33,827 |  |  | $ | 52,502 |  |  | $ | 19,648 |  |  | $ | 6,734 |  |  | $ | 112,711 |
Total assets | $ | 396,075 |  |  | $ | 588,841 |  |  | $ | 273,212 |  |  | $ | 21,216 |  |  | $ | 1,279,344 |
Capital expenditures | $ | 61,425 |  |  | $ | 10,917 |  |  | $ | 18,051 |  |  | $ | 156 |  |  | $ | 90,549 |
Depreciation & amortization | $ | 20,121 |  |  | $ | 18,501 |  |  | $ | 10,640 |  |  | $ | 811 |  |  | $ | 50,073 |
Investment in unconsolidated joint ventures | $ | — |  |  | $ | 18,667 |  |  | $ | — |  |  | $ | — |  |  | $ | 18,667 |
Equity income in unconsolidated joint ventures | $ | — |  |  | $ | 5,501 |  |  | $ | — |  |  | $ | — |  |  | $ | 5,501 |
2017 |  |  |  |  |  |  |  |  |
Total net sales | $ | 301,092 |  |  | $ | 312,661 |  |  | $ | 184,954 |  |  | $ | 22,336 |  |  | $ | 821,043 |
Operating income | $ | 55,410 |  |  | $ | 50,908 |  |  | $ | 15,668 |  |  | $ | 7,153 |  |  | $ | 129,139 |
Total assets | $ | 353,786 |  |  | $ | 489,456 |  |  | $ | 261,034 |  |  | $ | 20,858 |  |  | $ | 1,125,134 |
Capital expenditures | $ | 9,900 |  |  | $ | 7,563 |  |  | $ | 9,238 |  |  | $ | 514 |  |  | $ | 27,215 |
Depreciation & amortization | $ | 16,351 |  |  | $ | 16,270 |  |  | $ | 10,572 |  |  | $ | 906 |  |  | $ | 44,099 |
Investment in unconsolidated joint ventures | $ | — |  |  | $ | 18,324 |  |  | $ | — |  |  | $ | — |  |  | $ | 18,324 |
Equity income in unconsolidated joint ventures | $ | — |  |  | $ | 4,898 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,898 |
2016 |  |  |  |  |  |  |  |  |
Total net sales | $ | 277,787 |  |  | $ | 203,181 |  |  | $ | 152,367 |  |  | $ | 22,979 |  |  | $ | 656,314 |
Operating income | $ | 42,455 |  |  | $ | 25,884 |  |  | $ | 5,229 |  |  | $ | 7,329 |  |  | $ | 80,897 |
Total assets | $ | 361,746 |  |  | $ | 421,011 |  |  | $ | 247,187 |  |  | $ | 26,556 |  |  | $ | 1,056,500 |
Capital expenditures | $ | 7,569 |  |  | $ | 4,051 |  |  | $ | 6,009 |  |  | $ | 507 |  |  | $ | 18,136 |
Depreciation & amortization | $ | 15,654 |  |  | $ | 10,141 |  |  | $ | 11,208 |  |  | $ | 844 |  |  | $ | 37,847 |
Investment in unconsolidated joint ventures | $ | — |  |  | $ | 16,183 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,183 |
Equity income in unconsolidated joint ventures | $ | — |  |  | $ | 4,146 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,146 |
The following table presents net sales by our operating segment operations by geographic area for the years indicated:
(Dollars in thousands) |  | Net Sales(1)
Region/Country |  | Advanced Connectivity Solutions |  | Elastomeric Material Solutions |  | Power Electronics Solutions |  | Other |  | Total
December 31, 2018 |  |  |  |  |  |  |  |  |  |
United States |  | $ | 52,661 |  |  | $ | 152,284 |  |  | $ | 37,325 |  |  | $ | 4,527 |  |  | $ | 246,797 |
Other Americas |  | 3,104 |  |  | 14,453 |  |  | 931 |  |  | 773 |  |  | 19,261 |
Total Americas |  | 55,765 |  |  | 166,737 |  |  | 38,256 |  |  | 5,300 |  |  | 266,058 |
China |  | 136,315 |  |  | 101,036 |  |  | 39,781 |  |  | 4,959 |  |  | 282,091 |
Other APAC |  | 63,318 |  |  | 40,788 |  |  | 28,414 |  |  | 2,892 |  |  | 135,412 |
Total APAC |  | 199,633 |  |  | 141,824 |  |  | 68,195 |  |  | 7,851 |  |  | 417,503 |
Germany |  | 18,165 |  |  | 9,907 |  |  | 62,359 |  |  | 584 |  |  | 91,015 |
Other EMEA |  | 20,591 |  |  | 22,896 |  |  | 54,528 |  |  | 6,500 |  |  | 104,515 |
Total EMEA |  | 38,756 |  |  | 32,803 |  |  | 116,887 |  |  | 7,084 |  |  | 195,530 |
Total net sales |  | $ | 294,154 |  |  | $ | 341,364 |  |  | $ | 223,338 |  |  | $ | 20,235 |  |  | $ | 879,091 |
December 31, 2017 |  |  |  |  |  |  |  |  |  |
United States |  | $ | 48,277 |  |  | $ | 141,508 |  |  | $ | 30,403 |  |  | $ | 5,210 |  |  | $ | 225,398 |
Other Americas |  | 2,946 |  |  | 9,709 |  |  | 1,153 |  |  | 699 |  |  | 14,507 |
Total Americas |  | 51,223 |  |  | 151,217 |  |  | 31,556 |  |  | 5,909 |  |  | 239,905 |
China |  | 143,065 |  |  | 93,039 |  |  | 32,164 |  |  | 5,123 |  |  | 273,391 |
Other APAC |  | 64,077 |  |  | 36,233 |  |  | 21,845 |  |  | 3,421 |  |  | 125,576 |
Total APAC |  | 207,142 |  |  | 129,272 |  |  | 54,009 |  |  | 8,544 |  |  | 398,967 |
Germany |  | 23,925 |  |  | 9,211 |  |  | 54,813 |  |  | 657 |  |  | 88,606 |
Other EMEA |  | 18,802 |  |  | 22,961 |  |  | 44,576 |  |  | 7,226 |  |  | 93,565 |
Total EMEA |  | 42,727 |  |  | 32,172 |  |  | 99,389 |  |  | 7,883 |  |  | 182,171 |
Total net sales |  | $ | 301,092 |  |  | $ | 312,661 |  |  | $ | 184,954 |  |  | $ | 22,336 |  |  | $ | 821,043 |
December 31, 2016 |  |  |  |  |  |  |  |  |  |
United States |  | $ | 46,951 |  |  | $ | 61,188 |  |  | $ | 25,599 |  |  | $ | 5,499 |  |  | $ | 139,237 |
Other Americas |  | 2,035 |  |  | 7,722 |  |  | 313 |  |  | 855 |  |  | 10,925 |
Total Americas |  | 48,986 |  |  | 68,910 |  |  | 25,912 |  |  | 6,354 |  |  | 150,162 |
China |  | 137,695 |  |  | 77,033 |  |  | 20,964 |  |  | 5,511 |  |  | 241,203 |
Other APAC |  | 53,082 |  |  | 29,109 |  |  | 17,751 |  |  | 3,898 |  |  | 103,840 |
Total APAC |  | 190,777 |  |  | 106,142 |  |  | 38,715 |  |  | 9,409 |  |  | 345,043 |
Germany |  | 19,842 |  |  | 7,621 |  |  | 53,426 |  |  | 849 |  |  | 81,738 |
Other EMEA |  | 18,182 |  |  | 20,508 |  |  | 34,314 |  |  | 6,367 |  |  | 79,371 |
Total EMEA |  | 38,024 |  |  | 28,129 |  |  | 87,740 |  |  | 7,216 |  |  | 161,109 |
Total net sales |  | $ | 277,787 |  |  | $ | 203,181 |  |  | $ | 152,367 |  |  | $ | 22,979 |  |  | $ | 656,314 |
(1) Net sales are allocated to countries based on the location of the customer. The table above lists individual countries with 10% or more of net sales for the periods indicated. Information relating to our long-lived assets by geographic area was as follows as of December 31 for the year indicated:
| Long-Lived Assets(1)
(Dollars in thousands) | 2018 |  | 2017 |  | 2016
United States | $ | 476,560 |  |  | $ | 370,964 |  |  | $ | 326,199 |
China | 58,205 |  |  | 57,404 |  |  | 62,728 |
Germany | 113,412 |  |  | 114,497 |  |  | 101,725 |
Other | 36,475 |  |  | 34,131 |  |  | 32,242 |
Total | $ | 684,652 |  |  | $ | 576,996 |  |  | $ | 522,894 |
(1) Long-lived assets are based on the location of the asset and are comprised of goodwill, other intangible assets and property, plant and equipment. Countries with 10% of more of long-lived assets have been disclosed.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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