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Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2012
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

A summary of financial information by reportable segment is as follows:

 

    Three months ended
June 30,		     Six months ended
June 30,		  
    2012     2011     2012     2011  
                         
Net Sales:                                
Electronics   $ 127,227     $ 124,085     $ 265,407     $ 248,902  
Inter-segment sales     7,393       6,382       13,963       12,848  
Electronics net sales     134,620       130,467       279,370       261,750  
                                 
Control Devices     68,564       66,332       138,960       134,559  
Inter-segment sales     853       961       1,978       1,934  
Control Devices net sales     69,417       67,293       140,938       136,493  
                                 
PST (A)     38,474       -       92,165       -  
Inter-segment sales     -       -       -       -  
PST net sales (A)     38,474       -       92,165       -  
                                 
Eliminations     (8,246 )     (7,343 )     (15,941 )     (14,782 )
Total net sales   $ 234,265     $ 190,417     $ 496,532     $ 383,461  
                                 
Income (Loss) Before Income Taxes:                                
Electronics   $ 2,354     $ 464     $ 9,044     $ 1,133  
Control Devices     3,829       6,018       7,901       11,701  
PST (A)     (8,124 )     1,595       (8,456 )     3,104  
Other corporate activities     (259 )     151       239       (517 )
Corporate interest expense     (3,982 )     (3,830 )     (7,946 )     (7,672 )
Total income (loss) before income taxes   $ (6,182 )   $ 4,398     $ 782     $ 7,749  
                                 
Depreciation and Amortization:                                
Electronics   $ 2,349     $ 2,634     $ 4,687     $ 5,096  
Control Devices     2,317       2,379       4,748       4,843  
PST (A)     4,124       -       8,077       -  
Corporate     47       50       95       100  
Total depreciation and amortization (B)   $ 8,837     $ 5,063     $ 17,607     $ 10,039  
                                 
Interest Expense, net:                                
Electronics   $ 437     $ 433     $ 859     $ 836  
Control Devices     57       26       114       47  
PST (A)     686       -       1,598       -  
Corporate     3,982       3,830       7,946       7,672  
Total interest expense, net   $ 5,162     $ 4,289     $ 10,517     $ 8,555  
                                 
Capital Expenditures:                                
Electronics   $ 1,403     $ 7,447     $ 2,952     $ 9,844  
Control Devices     1,962       2,297       4,032       4,240  
PST (A)     2,985       -       5,406       -  
Corporate     1,172       31       1,980       33  
Total capital expenditures   $ 7,522     $ 9,775     $ 14,370     $ 14,117  

 

 

 

  June 30,
2012		     December 31,
2011		  
Total Assets:                
Electronics   $ 221,569     $ 211,790  
Control Devices     108,372       98,636  
PST (A)     286,338       326,910  
Corporate (C)     303,333       341,602  
Eliminations     (279,092 )     (281,281 )
Total assets   $ 640,520     $ 697,657  

 

(A) The acquisition of a controlling interest in PST occurred on December 31, 2011, see Note 3. PST’s results of operations are consolidated and included in the Company’s statement of operations for the three and six month periods ended June 30, 2012, while PST’s results of operations for the three and six month periods ended June 30, 2011 were included in equity earnings of investees.

 

(B) These amounts represent depreciation and amortization on property, plant and equipment and certain intangible assets.

 

(C) Assets located at Corporate consist primarily of cash, intercompany loan receivables and equity investments.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas [Table Text Block]

The following table presents net sales and non-current assets for each of the geographic areas in which the Company operates:

 

     Three months ended  Six months ended 
     June 30,     June 30, 
  2012  2011  2012  2011 
Net Sales:                
North America $159,216  $147,608  $329,339  $300,379 
South America  38,474   -   92,165   - 
Europe and Other  36,575   42,809   75,028   83,082 
Total net sales $234,265  $190,417  $496,532  $383,461 

 

  June 30,  December 31, 
  2012  2011 
Non-Current Assets:        
North America $84,477  $83,460 
South America  193,002   210,028 
Europe and Other  13,329   14,046 
Total non-current assets $290,808  $307,534