XML 21 R27.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Segment Reporting (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2013
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | A summary of financial information by reportable segment is as follows:
|  | Three months ended |  | Nine months ended
|  | September 30, |  | September 30,
|  | 2013 |  | 2012 |  | 2013 |  | 2012
Net Sales: |  |  |  |  |  |  |  |
Electronics | $ | 44,869 | $ | 37,808 | $ | 138,073 | $ | 122,740
Inter-segment sales |  | 10,333 |  | 11,086 |  | 32,048 |  | 40,314
Electronics net sales |  | 55,202 |  | 48,894 |  | 170,121 |  | 163,054
Wiring |  | 71,955 |  | 72,871 |  | 221,755 |  | 253,346
Inter-segment sales |  | 2,041 |  | 857 |  | 5,842 |  | 2,962
Wiring net sales |  | 73,996 |  | 73,728 |  | 227,597 |  | 256,308
Control Devices |  | 73,061 |  | 64,803 |  | 219,408 |  | 203,763
Inter-segment sales |  | 775 |  | 1,252 |  | 2,345 |  | 3,231
Control Devices net sales |  | 73,836 |  | 66,055 |  | 221,753 |  | 206,994
PST |  | 43,626 |  | 43,774 |  | 132,770 |  | 135,939
Inter-segment sales |  | - |  | - |  | - |  | -
PST net sales |  | 43,626 |  | 43,774 |  | 132,770 |  | 135,939
Eliminations |  | (13,149) |  | (13,195) |  | (40,235) |  | (46,507)
Total net sales | $ | 233,511 | $ | 219,256 | $ | 712,006 | $ | 715,788
Income (Loss) Before Income Taxes: |  |  |  |  |  |  |  |
Electronics | $ | 4,519 |  | 2,109 | $ | 12,214 |  | 7,980
Wiring |  | (3,594) |  | (1,822) |  | (5,564) |  | 1,351
Control Devices |  | 6,988 |  | 2,779 |  | 20,868 |  | 10,680
PST |  | 2,090 |  | 1,109 |  | 5,112 |  | (7,347)
Other corporate activities |  | 489 |  | 715 |  | (1,377) |  | 954
Corporate interest expense |  | (3,963) |  | (3,918) |  | (11,906) |  | (11,864)
Total income before income taxes | $ | 6,529 | $ | 972 | $ | 19,347 | $ | 1,754
Depreciation and Amortization: |  |  |  |  |  |  |  |
Electronics | $ | 1,145 | $ | 1,125 | $ | 3,666 | $ | 3,280
Wiring |  | 1,199 |  | 1,268 |  | 3,606 |  | 3,800
Control Devices |  | 2,429 |  | 2,375 |  | 7,434 |  | 7,123
PST |  | 3,409 |  | 3,983 |  | 10,895 |  | 12,060
Corporate |  | 44 |  | 46 |  | 138 |  | 141
Total depreciation and amortization (A) | $ | 8,226 | $ | 8,797 | $ | 25,739 | $ | 26,404
Interest Expense, net: |  |  |  |  |  |  |  |
Electronics | $ | 197 | $ | 346 | $ | 570 | $ | 1,132
Wiring |  | 49 |  | 43 |  | 244 |  | 116
Control Devices |  | 58 |  | 55 |  | 137 |  | 169
PST |  | 277 |  | 516 |  | 836 |  | 2,114
Corporate |  | 3,963 |  | 3,918 |  | 11,906 |  | 11,864
Total interest expense, net | $ | 4,544 | $ | 4,878 | $ | 13,693 | $ | 15,395
Capital Expenditures: |  |  |  |  |  |  |  |
Electronics | $ | 1,381 | $ | 461 | $ | 2,369 | $ | 1,927
Wiring |  | 1,261 |  | 818 |  | 2,765 |  | 2,304
Control Devices |  | 3,164 |  | 2,164 |  | 8,061 |  | 6,196
PST |  | 1,908 |  | 2,203 |  | 5,000 |  | 7,609
Corporate |  | 107 |  | 227 |  | 327 |  | 2,207
Total capital expenditures | $ | 7,821 | $ | 5,873 | $ | 18,522 | $ | 20,243
|  | September 30, |  | December 31,
|  | 2013 |  | 2012
Total Assets: |  |  |  |
Electronics | $ | 97,908 | $ | 84,772
Wiring |  | 108,990 |  | 99,755
Control Devices |  | 114,802 |  | 100,351
PST |  | 250,517 |  | 267,687
Corporate (B) |  | 301,682 |  | 308,969
Eliminations |  | (270,295) |  | (268,843)
Total assets | $ | 603,604 | $ | 592,691
(A) These amounts represent depreciation and amortization on property, plant and equipment and certain intangible assets. (B) Assets located at Corporate consist primarily of cash, intercompany loan receivables, equity investments and investments in subsidiaries.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | The following table presents net sales and long-term assets for each of the geographic areas in which the Company operates:
|  | Three months ended |  | Nine months ended
|  | September 30, |  | September 30,
|  | 2013 |  | 2012 |  | 2013 |  | 2012
Net Sales: |  |  |  |  |  |  |  |
North America | $ | 148,805 | $ | 141,932 | $ | 453,270 | $ | 471,270
South America |  | 43,626 |  | 43,774 |  | 132,770 |  | 135,939
Europe and Other |  | 41,080 |  | 33,550 |  | 125,966 |  | 108,579
Total net sales | $ | 233,511 | $ | 219,256 | $ | 712,006 | $ | 715,788
|  | September 30, |  | December 31,
|  | 2013 |  | 2012
Long-term Assets: |  |  |  |
North America | $ | 80,024 | $ | 82,777
South America |  | 164,058 |  | 185,109
Europe and Other |  | 13,792 |  | 13,751
Total long-term assets | $ | 257,874 | $ | 281,637

X
- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration