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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2019
Segment Reporting [Abstract] |
Segment Information about Reported Product Revenues, Depreciation and Amortization and Operating Income (Loss) | The tables below present segment information about the reported product revenues, depreciation and amortization and operating income (loss) of the Company for three- and six-month period ended June 30, 2019 and 2018. With the exception of goodwill, asset information by segment is not reported since the Company does not manage assets at a segment level. As of June 30, 2019, goodwill assigned to our Automotive and Industrial segments were $37,466 and $27,648, respectively. As of June 30, 2018, goodwill assigned to our Automotive and Industrial segments were $38,072 and $30,773, respectively.
Three Months Ended June 30, | Automotive |  |  | Industrial(1) |  |  | Reconciling Items |  |  | Consolidated Total |
2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues | $ | 229,700 |  |  | $ | 13,626 |  |  | $ | — |  |  | $ | 243,326 |
Depreciation and amortization |  | 10,327 |  |  |  | 416 |  |  |  | 422 |  |  |  | 11,165 |
Operating income (loss) |  | 37,931 |  |  |  | (4,121 | ) |  |  | (13,753 | ) |  |  | 20,057 |
2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues(1) | $ | 243,150 |  |  | $ | 23,250 |  |  | $ | — |  |  | $ | 266,400 |
Depreciation and amortization |  | 11,263 |  |  |  | 1,008 |  |  |  | 660 |  |  |  | 12,931 |
Operating income (loss) |  | 37,240 |  |  |  | (7,881 | ) |  |  | (13,766 | ) |  |  | 15,593 |
| (1) | Industrial segment includes $10,418 in product revenue, $635 in depreciation and amortization, and $237 in operating income from CSZ-IC for the three-month period ended June 30, 2018. On February 1, 2019, we completed the sale of CSZ-IC.
Note 5 – Segment Reporting – Continued
Six Months Ended June 30, | Automotive |  |  | Industrial(1) |  |  | Reconciling Items |  |  | Consolidated Total |
2019: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues | $ | 472,057 |  |  | $ | 29,190 |  |  | $ | — |  |  | $ | 501,247 |
Depreciation and amortization |  | 20,490 |  |  |  | 839 |  |  |  | 888 |  |  |  | 22,217 |
Operating income (loss) |  | 77,827 |  |  |  | (8,635 | ) |  |  | (27,290 | ) |  |  | 41,902 |
2018: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Product revenues(1) | $ | 485,571 |  |  | $ | 45,415 |  |  | $ | — |  |  | $ | 530,986 |
Depreciation and amortization |  | 22,368 |  |  |  | 2,063 |  |  |  | 1,392 |  |  |  | 25,823 |
Operating income (loss) |  | 78,404 |  |  |  | (14,561 | ) |  |  | (27,601 | ) |  |  | 36,242 |
| (1) | Industrial segment includes $3,418 and $20,631 in product revenues, $0 and $1,260 in depreciation and amortization, and $198 and $837 in operating income from CSZ-IC for the six-month periods ended June 30, 2019 and 2018, respectively.
Segment Information About Reported Segment Product Revenues by Product Category | Automotive and Industrial segment product revenues by product category for the three- and six-month periods ended June 30, 2019 and 2018 are as follows:
|  | Three Months Ended June 30, |
|  | 2019 |  |  | 2018 |  |  | % Change
Climate Control Seats (CCS) |  | $ | 88,437 |  |  | $ | 90,395 |  |  |  | (2.1 | ) | %
Seat Heaters |  |  | 73,628 |  |  |  | 80,176 |  |  |  | (8.2 | ) | %
Steering Wheel Heaters |  |  | 16,029 |  |  |  | 17,540 |  |  |  | (8.6 | ) | %
Automotive Cables |  |  | 22,205 |  |  |  | 25,645 |  |  |  | (13.4 | ) | %
Battery Thermal Management (BTM)(a) |  |  | 8,897 |  |  |  | 7,241 |  |  |  | 22.9 |  | %
Electronics |  |  | 11,454 |  |  |  | 15,842 |  |  |  | (27.6 | ) | %
Other Automotive |  |  | 9,050 |  |  |  | 6,311 |  |  |  | 43.4 |  | %
Subtotal Automotive |  | $ | 229,700 |  |  | $ | 243,150 |  |  |  | (5.5 | ) | %
Remote Power Generation (GPT) |  |  | 3,745 |  |  |  | 5,270 |  |  |  | (28.9 | ) | %
Industrial Chambers |  |  | — |  |  |  | 10,418 |  |  |  | (100.0 | ) | %
Gentherm Medical |  |  | 9,881 |  |  |  | 7,562 |  |  |  | 30.7 |  | %
Subtotal Industrial |  | $ | 13,626 |  |  | $ | 23,250 |  |  |  | (41.4 | ) | %
Total Company |  | $ | 243,326 |  |  | $ | 266,400 |  |  |  | (8.7 | ) | %
| a) | Battery Thermal Management or BTM product revenues include Gentherm’s automotive grade, low cost, heat resistant fans and blowers used by customer for battery cooling through ventilation and production level shipments of the advanced TED based active cool system.
Note 5 – Segment Reporting – Continued
|  | Six Months Ended June 30, |  |
|  | 2019 |  |  | 2018 |  |  | % Change
Climate Control Seats (CCS) |  | $ | 182,791 |  |  | $ | 178,613 |  |  |  | 2.3 |  | %
Seat Heaters |  |  | 147,548 |  |  |  | 164,396 |  |  |  | (10.2 | ) | %
Steering Wheel Heaters |  |  | 32,999 |  |  |  | 35,097 |  |  |  | (6.0 | ) | %
Automotive Cables |  |  | 45,955 |  |  |  | 52,510 |  |  |  | (12.5 | ) | %
Battery Thermal Management (BTM) |  |  | 19,641 |  |  |  | 11,402 |  |  |  | 72.3 |  | %
Electronics |  |  | 24,306 |  |  |  | 31,819 |  |  |  | (23.6 | ) | %
Other Automotive |  |  | 18,817 |  |  |  | 11,734 |  |  |  | 60.4 |  | %
Subtotal Automotive |  | $ | 472,057 |  |  | $ | 485,571 |  |  |  | (2.8 | ) | %
Remote Power Generation (GPT) |  |  | 7,704 |  |  |  | 9,932 |  |  |  | (22.4 | ) | %
Industrial Chambers |  |  | 3,418 |  |  |  | 20,631 |  |  |  | (83.4 | ) | %
Gentherm Medical |  |  | 18,068 |  |  |  | 14,852 |  |  |  | 21.7 |  | %
Subtotal Industrial |  | $ | 29,190 |  |  | $ | 45,415 |  |  |  | (35.7 | ) | %
Total Company |  | $ | 501,247 |  |  | $ | 530,986 |  |  |  | (5.6 | ) | %
Product Revenues Information by Geographic Area | Total product revenues information by geographic area is as follows (based on shipment destination):
| Three Months Ended June 30, |
| 2019 |  |  | 2018 |
United States | $ | 110,632 |  |  |  | 45.5 | % |  | $ | 123,512 |  |  |  | 46.4 | % |  |
Germany |  | 20,300 |  |  |  | 8.3 | % |  |  | 23,626 |  |  |  | 8.9 | % |  |
Japan |  | 20,003 |  |  |  | 8.2 | % |  |  | 13,275 |  |  |  | 5.0 | % |  |
China |  | 16,410 |  |  |  | 6.7 | % |  |  | 24,927 |  |  |  | 9.4 | % |  |
South Korea |  | 15,577 |  |  |  | 6.4 | % |  |  | 15,783 |  |  |  | 5.9 | % |  |
Czech Republic |  | 10,009 |  |  |  | 4.1 | % |  |  | 11,106 |  |  |  | 4.2 | % |  |
Canada |  | 10,102 |  |  |  | 4.2 | % |  |  | 12,590 |  |  |  | 4.7 | % |  |
United Kingdom |  | 6,833 |  |  |  | 2.8 | % |  |  | 8,467 |  |  |  | 3.2 | % |  |
Other |  | 33,460 |  |  |  | 13.8 | % |  |  | 33,114 |  |  |  | 12.4 | % |  |
Total Non-U.S. | $ | 132,694 |  |  |  | 54.5 | % |  | $ | 142,888 |  |  |  | 53.6 | % |  |
| $ | 243,326 |  |  |  | 100.0 | % |  | $ | 266,400 |  |  |  | 100.0 | % |  |
| Six Months Ended June 30, |
| 2019 |  |  | 2018 |
United States | $ | 229,086 |  |  |  | 45.7 | % |  | $ | 243,862 |  |  |  | 45.9 | %
Germany |  | 43,510 |  |  |  | 8.7 | % |  |  | 45,988 |  |  |  | 8.7 | %
Japan |  | 38,594 |  |  |  | 7.7 | % |  |  | 26,848 |  |  |  | 5.1 | %
China |  | 32,007 |  |  |  | 6.4 | % |  |  | 49,131 |  |  |  | 9.3 | %
South Korea |  | 30,555 |  |  |  | 6.1 | % |  |  | 29,605 |  |  |  | 5.6 | %
Czech Republic |  | 22,151 |  |  |  | 4.4 | % |  |  | 22,821 |  |  |  | 4.3 | %
Canada |  | 20,393 |  |  |  | 4.1 | % |  |  | 25,703 |  |  |  | 4.8 | %
United Kingdom |  | 15,665 |  |  |  | 3.1 | % |  |  | 19,312 |  |  |  | 3.6 | %
Other |  | 69,286 |  |  |  | 13.8 | % |  |  | 67,716 |  |  |  | 12.8 | %
Total Non-U.S. | $ | 272,161 |  |  |  | 54.3 | % |  | $ | 287,124 |  |  |  | 54.1 | %
| $ | 501,247 |  |  |  | 100.0 | % |  | $ | 530,986 |  |  |  | 100.0 | %

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