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Industry Segment and Geographic Data (Tables) | 12 Months Ended
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Dec. 31, 2021
Industry Segment and Geographic Data [Abstract] |
Sales and Operating Income by Operating Segments | 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, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Net sales (a): |  |  |  |  |  |  |  |  |
Engine Management |  | $ | 937,936 |  |  | $ | 835,685 |  |  | $ | 849,161 |
Temperature Control |  |  | 348,423 |  |  |  | 281,954 |  |  |  | 278,355 |
Other |  |  | 12,457 |  |  |  | 10,949 |  |  |  | 10,397 |
Total net sales |  | $ | 1,298,816 |  |  | $ | 1,128,588 |  |  | $ | 1,137,913 |
Intersegment sales (a): |  |  |  |  |  |  |  |  |  |  |  |
Engine Management |  | $ | 23,599 |  |  | $ | 15,952 |  |  | $ | 19,569 |
Temperature Control |  |  | 9,024 |  |  |  | 6,162 |  |  |  | 6,545 |
Other |  |  | (32,623 | ) |  |  | (22,114 | ) |  |  | (26,114 | )
Total intersegment sales |  | $ | — |  |  | $ | — |  |  | $ | — |
Depreciation and Amortization: |  |  |  |  |  |  |  |  |  |  |  |
Engine Management |  | $ | 21,881 |  |  | $ | 20,417 |  |  | $ | 19,463 |
Temperature Control |  |  | 3,626 |  |  |  | 4,035 |  |  |  | 4,568 |
Other |  |  | 1,736 |  |  |  | 1,871 |  |  |  | 1,778 |
Total depreciation and amortization |  | $ | 27,243 |  |  | $ | 26,323 |  |  | $ | 25,809 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Engine Management |  | $ | 117,367 |  |  | $ | 111,217 |  |  | $ | 103,808 |
Temperature Control |  |  | 36,997 |  |  |  | 21,296 |  |  |  | 13,667 |
Other |  |  | (25,365 | ) |  |  | (23,618 | ) |  |  | (22,980 | )
Total operating income |  | $ | 128,999 |  |  | $ | 108,895 |  |  | $ | 94,495 |
Investment in unconsolidated affiliates: |  |  |  |  |  |  |  |  |  |  |  |
Engine Management |  | $ | 2,729 |  |  | $ | 2,428 |  |  | $ | 2,243 |
Temperature Control |  |  | 41,358 |  |  |  | 38,079 |  |  |  | 36,615 |
Other |  |  | — |  |  |  | — |  |  |  | — |
Total investment in unconsolidated affiliates |  | $ | 44,087 |  |  | $ | 40,507 |  |  | $ | 38,858 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Engine Management |  | $ | 21,922 |  |  | $ | 13,496 |  |  | $ | 12,593 |
Temperature Control |  |  | 2,586 |  |  |  | 1,988 |  |  |  | 2,273 |
Other |  |  | 1,367 |  |  |  | 2,336 |  |  |  | 1,319 |
Total capital expenditures |  | $ | 25,875 |  |  | $ | 17,820 |  |  | $ | 16,185 |
Total assets: |  |  |  |  |  |  |  |  |  |  |  |
Engine Management |  | $ | 845,767 |  |  | $ | 618,210 |  |  | $ | 594,953 |
Temperature Control |  |  | 257,114 |  |  |  | 230,111 |  |  |  | 216,591 |
Other |  |  | 95,080 |  |  |  | 108,219 |  |  |  | 92,310 |
Total assets |  | $ | 1,197,961 |  |  | $ | 956,540 |  |  | $ | 903,854 |
| (a) | Segment net sales include intersegment sales in our Engine Management and Temperature Control segments.
Reconciliation of Segment Operating Income to Net Earnings | Reconciliation of segment operating income to net earnings:
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
|  | (In thousands) |
Operating income |  | $ | 128,999 |  |  | $ | 108,895 |  |  | $ | 94,495 |
Other non-operating income, net |  |  | 3,494 |  |  |  | 812 |  |  |  | 2,587 |
Interest expense |  |  | 2,028 |  |  |  | 2,328 |  |  |  | 5,286 |
Earnings from continuing operations before income taxes |  |  | 130,465 |  |  |  | 107,379 |  |  |  | 91,796 |
Provision for income taxes |  |  | 31,044 |  |  |  | 26,962 |  |  |  | 22,745 |
Earnings from continuing operations |  |  | 99,421 |  |  |  | 80,417 |  |  |  | 69,051 |
Discontinued operations, net of tax |  |  | (8,467 | ) |  |  | (23,024 | ) |  |  | (11,134 | )
Net earnings |  | $ | 90,954 |  |  | $ | 57,393 |  |  | $ | 57,917 |
Long-lived Assets by Geographical Areas |
|  | December 31, |
|  | 2021 |  |  | 2020 |  |  | 2019 |
Long-lived assets (a): |  | (In thousands) |
United States |  | $ | 315,983 |  |  | $ | 241,053 |  |  | $ | 253,384 |
Asia |  |  | 80,175 |  |  |  | 40,621 |  |  |  | 38,942 |
Europe |  |  | 37,892 |  |  |  | 16,504 |  |  |  | 17,004 |
Mexico |  |  | 12,119 |  |  |  | 10,586 |  |  |  | 12,036 |
Canada |  |  | 4,461 |  |  |  | 4,470 |  |  |  | 4,659 |
Total long-lived assets |  | $ | 450,630 |  |  | $ | 313,234 |  |  | $ | 326,025 |
| (a) | Long-lived assets are attributed to countries based upon the location of the assets.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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