Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2013

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

- 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.

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