Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of Segment Reporting Information, by Segment


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

Three months ended March 31		2014		2013
Net Sales:
Control Devices	$	77,323	$	71,913
Inter-segment sales		752		796
Control Devices net sales		78,075		72,709

Electronics		50,091		44,520
Inter-segment sales		11,757		10,866
Electronics net sales		61,848		55,386

Wiring		75,059		76,848
Inter-segment sales		1,875		1,603
Wiring net sales		76,934		78,451

PST		33,916		42,429
Inter-segment sales		-		-
PST net sales		33,916		42,429

Eliminations		(14,384)		(13,265)
Total net sales	$	236,389	$	235,710
Income (Loss) Before Income Taxes:
Control Devices	$	6,835	$	6,267
Electronics		3,619		3,782
Wiring		(618)		(427)
PST		(5,612)		483
Other corporate activities		697		(864)
Corporate interest expense		(4,001)		(3,939)
Total income before income taxes	$	920	$	5,302
Depreciation and Amortization:
Control Devices	$	2,371	$	2,535
Electronics		1,101		1,279
Wiring		1,255		1,211
PST		3,169		3,832
Corporate		45		48
Total depreciation and amortization (A)	$	7,941	$	8,905
Interest Expense, net:
Control Devices	$	61	$	47
Electronics		199		187
Wiring		11		124
PST		668		277
Corporate		4,001		3,939
Total interest expense, net	$	4,940	$	4,574
Capital Expenditures:
Control Devices	$	1,734	$	3,240
Electronics		647		469
Wiring		479		516
PST		1,667		1,466
Corporate		59		127
Total capital expenditures	$	4,586	$	5,818


		March 31,		December 31,
		2014		2013
Total Assets:
Control Devices	$	117,551	$	105,730
Electronics		110,638		105,352
Wiring		113,048		98,180
PST		248,070		237,649
Corporate (B)		294,583		308,167
Eliminations		(270,934)		(266,756)
Total assets	$	612,956	$	588,322

(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 March 31		2014		2013

Net Sales:
North America	$	155,330	$	153,099
South America		33,916		42,429
Europe and Other		47,143		40,182
Total net sales	$	236,389	$	235,710


		March 31,		December 31,
		2014		2013

Long-term Assets:
North America	$	76,289	$	79,219
South America		158,108		154,226
Europe and Other		16,161		14,641
Total long-term assets	$	250,558	$	248,086

- 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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