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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2015
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  | Three months ended |  | Six months ended
|  | June 30, |  | June 30,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
Net Sales: |  |  |  |  |  |  |  |
Control Devices | $ | 84,398 | $ | 76,413 | $ | 164,269 | $ | 153,737
Inter-segment sales |  | 643 |  | 742 |  | 1,331 |  | 1,493
Control Devices net sales |  | 85,041 |  | 77,155 |  | 165,600 |  | 155,230
Electronics |  | 57,895 |  | 52,766 |  | 114,327 |  | 102,857
Inter-segment sales |  | 6,119 |  | 11,573 |  | 11,085 |  | 23,330
Electronics net sales |  | 64,014 |  | 64,339 |  | 125,412 |  | 126,187
PST |  | 22,996 |  | 32,920 |  | 49,518 |  | 66,836
Inter-segment sales |  | - |  | - |  | - |  | -
PST net sales |  | 22,996 |  | 32,920 |  | 49,518 |  | 66,836
Eliminations |  | (6,762) |  | (12,315) |  | (12,416) |  | (24,823)
Total net sales | $ | 165,289 | $ | 162,099 | $ | 328,114 | $ | 323,430
Operating Income (Loss): |  |  |  |  |  |  |  |
Control Devices | $ | 11,984 | $ | 8,719 | $ | 21,590 | $ | 17,152
Electronics |  | 3,222 |  | 4,886 |  | 6,646 |  | 9,668
PST |  | (2,591) |  | (31,982) |  | (5,241) |  | (34,524)
Unallocated Corporate (A) |  | (5,200) |  | (4,844) |  | (12,454) |  | (9,083)
Total operating income (loss) | $ | 7,415 | $ | (23,221) | $ | 10,541 | $ | (16,787)
Depreciation and Amortization: |  |  |  |  |  |  |  |
Control Devices | $ | 2,326 | $ | 2,381 | $ | 4,786 | $ | 4,752
Electronics |  | 955 |  | 1,138 |  | 1,911 |  | 2,239
PST |  | 2,452 |  | 3,453 |  | 5,139 |  | 6,622
Corporate |  | 55 |  | 35 |  | 70 |  | 79
Total depreciation and amortization (B) | $ | 5,788 | $ | 7,007 | $ | 11,906 | $ | 13,692
Interest Expense, net: |  |  |  |  |  |  |  |
Control Devices | $ | 81 | $ | 73 | $ | 165 | $ | 133
Electronics |  | 41 |  | 232 |  | 86 |  | 432
|  | - |  | - |  |  |  | -
PST |  | 803 |  | 792 |  | 1,224 |  | 1,460
Corporate |  | 733 |  | 3,975 |  | 1,461 |  | 7,976
Total interest expense, net | $ | 1,658 | $ | 5,072 | $ | 2,936 | $ | 10,001
Capital Expenditures: |  |  |  |  |  |  |  |
Control Devices | $ | 3,847 | $ | 3,528 | $ | 7,882 | $ | 5,262
Electronics |  | 1,084 |  | 2,019 |  | 3,022 |  | 2,666
PST |  | 2,039 |  | 2,062 |  | 3,412 |  | 3,729
Corporate |  | (230) |  | 48 |  | 913 |  | 107
Total capital expenditures | $ | 6,740 | $ | 7,657 | $ | 15,229 | $ | 11,764
|  | June 30, |  | December 31,
|  | 2015 |  | 2014
Total Assets: |  |  |  |
Control Devices | $ | 132,670 | $ | 115,703
Electronics |  | 102,380 |  | 95,140
PST |  | 140,273 |  | 159,980
Corporate (C) |  | 266,772 |  | 279,013
Eliminations |  | (250,597) |  | (251,085)
Total assets | $ | 391,498 | $ | 398,751
(A) Unallocated Corporate expenses include, among other items, accounting, finance, legal and information technology costs as well as share-based compensation. (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, 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 |  | Six months ended
|  | June 30, |  | June 30,
|  | 2015 |  | 2014 |  | 2015 |  | 2014
Net Sales: |  |  |  |  |  |  |  |
North America | $ | 94,679 | $ | 79,718 | $ | 184,432 | $ | 159,516
South America |  | 22,996 |  | 32,920 |  | 49,518 |  | 66,836
Europe and Other |  | 47,614 |  | 49,461 |  | 94,164 |  | 97,078
Total net sales | $ | 165,289 | $ | 162,099 | $ | 328,114 | $ | 323,430
|  | June 30, |  | December 31,
|  | 2015 |  | 2014
Long-term Assets: |  |  |  |
North America | $ | 57,227 | $ | 53,406
South America |  | 73,440 |  | 85,433
Europe and Other |  | 14,474 |  | 14,401
Total long-term assets | $ | 145,141 | $ | 153,240

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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://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 FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 + 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://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 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 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 4: 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=35741047&loc=d3e13816-109267 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
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