XML 52 R15.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment And Geographic Information
 6 Months Ended
Jun. 30, 2015
Segment And Geographic Information [Abstract]  
Segment And Geographic Information

Note 8 – Segment and Geographic Information

The Company currently has manufacturing facilities in the United States, Mexico, Asia and Europe. The Company is operated and managed geographically, and management evaluates performance and allocates the Company’s resources on a geographic basis. Intersegment sales are generally recorded at prices that approximate arm’s length transactions. Operating segments’ measure of profitability is based on income from operations. The accounting policies for the reportable operating segments are the same as for the Company taken as a whole. The Company has three reportable operating segments: the Americas, Asia and Europe. Information about operating segments was as follows:

Three Months EndedSix Months Ended
June 30,June 30,
(in thousands)2015201420152014
Net sales:
Americas$413,642$440,869$794,624$852,370
Asia242,989268,609473,209507,394
Europe35,54936,52271,24870,683
Elimination of intersegment sales(28,142)(29,132)(54,118)(74,235)
$664,038$716,868$1,284,963$1,356,212
Depreciation and amortization:
Americas$6,234$5,229$12,129$9,949
Asia4,3324,2248,8028,411
Europe6007441,2461,478
Corporate1,1761,2042,3032,361
$12,342$11,401$24,480$22,199
Income from operations:
Americas$19,523$19,527$32,012$35,086
Asia17,74218,10233,92736,322
Europe1,8281,4663,3002,246
Corporate and intersegment eliminations(12,885)(11,951)(24,323)(24,078)
$26,208$27,144$44,916$49,576
Capital expenditures:
Americas$3,412$12,891$10,340$23,368
Asia1,5067249,3963,706
Europe1,6571,5493,2962,568
Corporate1,6045171,974655
$8,179$15,681$25,006$30,297
June 30,December 31,
20152014
Total assets:
Americas$696,763$712,588
Asia698,142666,717
Europe241,172239,274
Corporate and other46,42460,310
$1,682,501$1,678,889

Geographic net sales information reflects the destination of the product shipped. Long-lived assets information is based upon the physical location of the asset.

Three Months EndedSix Months Ended
June 30,June 30,
(in thousands)2015201420152014
Geographic net sales:
United States$491,834$522,135$939,159$984,406
Asia79,62096,975162,011184,441
Europe48,76768,574101,474136,851
Other Foreign43,81729,18482,31950,514
$664,038$716,868$1,284,963$1,356,212
June 30,December 31,
20152014
Long-lived assets:
United States$88,616$93,679
Asia81,47188,375
Europe10,4468,114
Other31,56328,173
$212,096$218,341