XML 43 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1

Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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




Three months ended March 31,		2017		2016
Net Sales:
Control Devices	$	118,873	$	92,368
Inter-segment sales		783		533
Control Devices net sales		119,656		92,901

Electronics		63,805		52,636
Inter-segment sales		11,356		7,027
Electronics net sales		75,161		59,663

PST		21,633		17,612
Inter-segment sales		-		-
PST net sales		21,633		17,612

Eliminations		(12,139)		(7,560)
Total net sales	$	204,311	$	162,616
Operating Income (Loss):
Control Devices	$	19,084	$	13,517
Electronics		5,557		3,820
PST		579		(3,117)
Unallocated Corporate (A)		(10,056)		(5,714)
Total operating income	$	15,164	$	8,506
Depreciation and Amortization:
Control Devices	$	2,699	$	2,309
Electronics		1,572		1,040
PST		2,088		1,850
Unallocated Corporate		99		70
Total depreciation and amortization (B)	$	6,458	$	5,269
Interest Expense, net:
Control Devices	$	54	$	61
Electronics		38		39
PST		572		750
Unallocated Corporate		746		664
Total interest expense, net	$	1,410	$	1,514
Capital Expenditures:
Control Devices	$	3,447	$	2,727
Electronics		2,351		3,131
PST		884		854
Unallocated Corporate(C)		583		105
Total capital expenditures	$	7,265	$	6,817
















		March 31,		December 31,
		2017		2016
Total Assets:
Control Devices	$	162,218	$	150,623
Electronics		214,390		99,964
PST		109,895		107,405
Corporate (C)		364,760		287,031
Eliminations		(331,717)		(250,494)
Total assets	$	519,546	$	394,529






(A) Unallocated Corporate expenses include, among other items, finance, legal, human resources 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, capital expenditures for the new headquarter building, equity investments and investments in subsidiaries.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following tables present net sales and long-term assets for each of the geographic areas in which the Company operates: 




Three months ended March 31,		2017		2016

Net Sales:
North America	$	123,386	$	99,119
South America		21,633		17,612
Europe and Other		59,292		45,885
Total net sales	$	204,311	$	162,616








		March 31,		December 31,
		2017		2016

Long-term Assets:
North America	$	76,354	$	73,835
South America		65,256		63,497
Europe and Other		94,823		16,304
Total long-term assets	$	236,433	$	153,636



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=63488584&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=68060357&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 30
-URI http://asc.fasb.org/extlink&oid=68060357&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=68060357&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=68060357&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=68060357&loc=d3e8736-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

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