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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2023
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 the three and six months ended June 30, 2023 and 2022.
Three Months Ended June 30, |  | Automotive |  |  | Medical |  |  | Corporate |  |  | Total |
2023 |  |  |  |  |  |  |  |  |  |  |  |
Product revenues |  | $ | 361,533 |  |  | $ | 10,790 |  |  | $ | — |  |  | $ | 372,323 |
Depreciation and amortization |  |  | 11,221 |  |  |  | 896 |  |  |  | 427 |  |  | $ | 12,544 |
Operating income (loss) |  |  | 46,561 |  |  |  | (20,540 | ) |  |  | (21,700 | ) |  | $ | 4,321 |
2022 |  |  |  |  |  |  |  |  |  |  |  |
Product revenues |  | $ | 249,152 |  |  | $ | 11,563 |  |  | $ | — |  |  | $ | 260,715 |
Depreciation and amortization |  |  | 8,197 |  |  |  | 558 |  |  |  | 305 |  |  | $ | 9,060 |
Operating income (loss) |  |  | 24,026 |  |  |  | (181 | ) |  |  | (16,110 | ) |  | $ | 7,735 |
Six Months Ended June 30, |  | Automotive |  |  | Medical |  |  | Corporate |  |  | Total |
2023 |  |  |  |  |  |  |  |  |  |  |  |
Product revenues |  | $ | 714,225 |  |  | $ | 21,723 |  |  | $ | — |  |  | $ | 735,948 |
Depreciation and amortization |  |  | 23,511 |  |  |  | 1,874 |  |  |  | 692 |  |  | $ | 26,077 |
Operating income (loss) |  |  | 84,940 |  |  |  | (21,033 | ) |  |  | (41,912 | ) |  | $ | 21,995 |
2022 |  |  |  |  |  |  |  |  |  |  |  |
Product revenues |  | $ | 507,016 |  |  | $ | 21,356 |  |  | $ | — |  |  | $ | 528,372 |
Depreciation and amortization |  |  | 16,863 |  |  |  | 1,162 |  |  |  | 610 |  |  | $ | 18,635 |
Operating income (loss) |  |  | 55,301 |  |  |  | (1,032 | ) |  |  | (32,344 | ) |  | $ | 21,925 |
Segment Information About Reported Segment Product Revenues by Product Category | Automotive and Medical segment Product revenues by product category for the three and six months ended June 30, 2023 and 2022 were as follows:
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Climate Control Seat |  | $ | 121,210 |  |  | $ | 96,488 |  |  | $ | 235,963 |  |  | $ | 199,222 |
Seat Heaters |  |  | 78,258 |  |  |  | 65,903 |  |  |  | 153,894 |  |  |  | 134,799 |
Steering Wheel Heaters |  |  | 38,958 |  |  |  | 28,951 |  |  |  | 75,305 |  |  |  | 57,687 |
Lumbar and Massage Comfort Solutions (a) |  |  | 37,604 |  |  |  | — |  |  |  | 76,342 |  |  |  | — |
Valve Systems (a) |  |  | 27,692 |  |  |  | — |  |  |  | 54,686 |  |  |  | — |
Automotive Cables |  |  | 20,243 |  |  |  | 19,280 |  |  |  | 40,463 |  |  |  | 41,325 |
Battery Performance Solutions |  |  | 19,587 |  |  |  | 17,451 |  |  |  | 39,896 |  |  |  | 35,064 |
Electronics |  |  | 9,323 |  |  |  | 10,278 |  |  |  | 20,293 |  |  |  | 21,106 |
Other Automotive |  |  | 8,658 |  |  |  | 10,801 |  |  |  | 17,383 |  |  |  | 17,813 |
Subtotal Automotive segment |  |  | 361,533 |  |  |  | 249,152 |  |  |  | 714,225 |  |  |  | 507,016 |
Medical segment (b) |  |  | 10,790 |  |  |  | 11,563 |  |  |  | 21,723 |  |  |  | 21,356 |
Total Company |  | $ | 372,323 |  |  | $ | 260,715 |  |  | $ | 735,948 |  |  | $ | 528,372 |
(a) Represents Product revenues from Alfmeier (acquired on August 1, 2022) - (see Note 2) (b) Includes Product revenues of $1,672 and $2,951 for the three and six months ended June 30, 2023 from Dacheng (acquired on July 13, 2022) - (see Note 2)
Product Revenues Information by Geographic Area | Total P roduct revenues information by geographic area for the three and six months ended June 30, 2023 and 2022 is as follows (based on shipment destination):
|  | Three Months Ended June 30, |  |  | Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
United States |  | $ | 138,319 |  |  | $ | 102,617 |  |  | $ | 279,771 |  |  | $ | 206,738 |
China |  |  | 53,872 |  |  |  | 31,391 |  |  |  | 100,526 |  |  |  | 69,744 |
South Korea |  |  | 29,995 |  |  |  | 23,706 |  |  |  | 58,733 |  |  |  | 44,881 |
Germany |  |  | 26,039 |  |  |  | 15,565 |  |  |  | 52,551 |  |  |  | 35,351 |
Czech Republic |  |  | 17,372 |  |  |  | 12,195 |  |  |  | 35,022 |  |  |  | 25,810 |
Japan |  |  | 12,867 |  |  |  | 12,886 |  |  |  | 28,089 |  |  |  | 24,702 |
Romania |  |  | 13,436 |  |  |  | 11,519 |  |  |  | 25,969 |  |  |  | 24,273 |
Slovakia |  |  | 12,712 |  |  |  | 8,987 |  |  |  | 24,308 |  |  |  | 17,360 |
Finland |  |  | 11,139 |  |  |  | 7,352 |  |  |  | 21,272 |  |  |  | 13,913 |
Mexico |  |  | 10,356 |  |  |  | 4,267 |  |  |  | 19,450 |  |  |  | 9,137 |
Other |  |  | 46,216 |  |  |  | 30,230 |  |  |  | 90,257 |  |  |  | 56,463 |
Total Non-U.S. |  |  | 234,004 |  |  |  | 158,098 |  |  |  | 456,177 |  |  |  | 321,634 |
Total Company |  | $ | 372,323 |  |  | $ | 260,715 |  |  | $ | 735,948 |  |  | $ | 528,372 |

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