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Industry Segment and Geographic Data
 12 Months Ended
Dec. 31, 2012
Industry Segment and Geographic Data [Abstract]  
Industry Segment and Geographic Data
16.
Industry Segment and Geographic Data
 
We have two major reportable operating segments, each of which focuses on a specific line of replacement parts.  Our Engine Management Segment manufactures and distributes ignition and emission parts, ignition wires, battery cables and fuel system parts.  Our Temperature Control Segment manufactures and remanufactures air conditioning compressors, air conditioning and heating parts, engine cooling system parts, power window accessories and windshield washer system parts.
 
The accounting policies of each segment are the same as those described in the summary of significant accounting policies (see Note 1).  The following tables contain financial information for each reportable segment (in thousands):
 
 
Year Ended December 31,
 
 
2012
 
 
2011
 
 
2010
 
Net sales:
 
 
 
 
 
 
 
 
 
Engine Management
 
$
665,105
 
 
$
628,673
 
 
$
577,333
 
Temperature Control
 
 
268,804
 
 
 
233,723
 
 
 
222,086
 
Other
 
 
15,007
 
 
 
12,229
 
 
 
11,491
 
Total net sales
 
$
948,916
 
 
$
874,625
 
 
$
810,910
 
 
 
 
 
 
 
 
 
 
 
 
 
Intersegment sales:
 
 
 
 
 
 
 
 
 
 
 
 
Engine Management
 
$
18,234
 
 
$
21,175
 
 
$
19,720
 
Temperature Control
 
 
4,804
 
 
 
5,041
 
 
 
4,567
 
Other
 
 
(23,038
)
 
 
(26,216
)
 
 
(24,287
)
Total intersegment sales
 
$
-
 
 
$
-
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
Depreciation and amortization:
 
 
 
 
 
 
 
 
 
 
 
 
Engine Management
 
$
13,093
 
 
$
11,599
 
 
$
10,378
 
Temperature Control
 
 
2,924
 
 
 
1,772
 
 
 
2,073
 
Other
 
 
449
 
 
 
774
 
 
 
1,123
 
Total depreciation and amortization
 
$
16,466
 
 
$
14,145
 
 
$
13,574
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating income (loss):
 
 
 
 
 
 
 
 
 
 
 
 
Engine Management
 
$
69,578
 
 
$
56,261
 
 
$
43,410
 
Temperature Control
 
 
15,019
 
 
 
17,699
 
 
 
13,096
 
Other
 
 
(13,166
)
 
 
(9,061
)
 
 
(9,713
)
Total operating income
 
$
71,431
 
 
$
64,899
 
 
$
46,793
 
 
 
 
 
 
 
 
 
 
 
 
 
Investment in equity affiliates:
 
 
 
 
 
 
 
 
 
 
 
 
Engine Management
 
$
-
 
 
$
-
 
 
$
-
 
Temperature Control
 
 
-
 
 
 
-
 
 
 
-
 
Other
 
 
-
 
 
 
-
 
 
 
435
 
Total investment in equity affiliates
 
$
-
 
 
$
-
 
 
$
435
 
 
 
Year Ended December 31,
 
 
2012
 
 
2011
 
 
2010
 
 
(In thousands)
 
Capital expenditures:
 
 
 
 
 
 
 
 
 
Engine Management
 
$
8,941
 
 
$
9,014
 
 
$
8,376
 
Temperature Control
 
 
2,005
 
 
 
1,949
 
 
 
2,336
 
Other
 
 
865
 
 
 
74
 
 
 
94
 
Total capital expenditures
 
$
11,811
 
 
$
11,037
 
 
$
10,806
 
 
Total assets:
 
 
 
 
 
 
 
 
 
Engine Management
 
$
362,824
 
 
$
372,410
 
 
$
323,162
 
Temperature Control
 
 
132,644
 
 
 
97,656
 
 
 
92,732
 
Other
 
 
81,126
 
 
 
80,656
 
 
 
76,907
 
Total assets
 
$
576,594
 
 
$
550,722
 
 
$
492,801
 
 
Other consists of items pertaining to our corporate headquarters function, as well as our Canadian business unit that does not meet the criteria of a reportable operating segment.
 
Reconciliation of segment operating income to net earnings (in thousands):
 
 
Year Ended December 31,
 
 
2012
 
 
2011
 
 
2010
 
Operating income
 
$
71,431
 
 
$
64,899
 
 
$
46,793
 
Other non-operating income (expense)
 
 
(696
)
 
 
3,370
 
 
 
425
 
Interest expense
 
 
2,788
 
 
 
3,821
 
 
 
7,127
 
Earnings from continuing operations before taxes
 
 
67,947
 
 
 
64,448
 
 
 
40,091
 
Income tax expense
 
 
24,978
 
 
 
121
 
 
 
15,391
 
Earnings from continuing operations
 
 
42,969
 
 
 
64,327
 
 
 
24,700
 
Discontinued operations, net of tax
 
 
(1,616
)
 
 
(1,926
)
 
 
(2,740
)
Net earnings
 
$
41,353
 
 
$
62,401
 
 
$
21,960
 
 
 
Year Ended December 31,
 
 
2012
 
 
2011
 
 
2010
 
Revenues:
 
(In thousands)
 
United States
 
$
865,861
 
 
$
791,625
 
 
$
723,628
 
Canada
 
 
50,215
 
 
 
52,497
 
 
 
51,515
 
Europe
 
 
8,093
 
 
 
9,496
 
 
 
8,296
 
Other foreign
 
 
24,747
 
 
 
21,007
 
 
 
27,471
 
Total revenues
 
$
948,916
 
 
$
874,625
 
 
$
810,910
 
 
 
December 31,
 
 
2012
 
 
2011
 
 
2010
 
Long-lived assets:
 
(In thousands)
 
United States
 
$
137,240
 
 
$
125,189
 
 
$
81,485
 
Canada
 
 
1,658
 
 
 
1,626
 
 
 
1,782
 
Europe
 
 
4,161
 
 
 
2,322
 
 
 
2,314
 
Other foreign
 
 
3,897
 
 
 
3,661
 
 
 
1,168
 
Total long-lived assets
 
$
146,956
 
 
$
132,798
 
 
$
86,749
 
 
Revenues are attributed to countries based upon the location of the customer. Long-lived assets are attributed to countries based upon the location of the assets.
 
Our five largest individual customers, including members of a marketing group, accounted for approximately 64% of our consolidated net sales in 2012, 62% of our consolidated net sales in 2011, and 60% of our consolidated net sales in 2010.  During 2012, O'Reilly Automotive, Inc., NAPA Auto Parts, and Advance Auto Parts, Inc. accounted for 19%, 18% and 15% of our consolidated net sales, respectively.  Net sales from each of the customers were reported in both our Engine Management and Temperature Control segments.