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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 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				Six months ended
		June 30,						June 30,
		2017		2016		2017		2016
Net Sales:
Control Devices	$	114,001	$	108,889	$	232,874	$	201,257
Inter-segment sales		1,368		485		2,151		1,018
Control Devices net sales		115,369		109,374		235,025		202,275

Electronics		71,610		57,761		135,415		110,397
Inter-segment sales		10,223		8,184		21,579		15,211
Electronics net sales		81,833		65,945		156,994		125,608

PST		23,500		20,253		45,133		37,865
Inter-segment sales		-		-		-		-
PST net sales		23,500		20,253		45,133		37,865

Eliminations		(11,591)		(8,669)		(23,730)		(16,229)
Total net sales	$	209,111	$	186,903	$	413,422	$	349,519
Operating Income (Loss):
Control Devices	$	19,924	$	18,297	$	39,008	$	31,814
Electronics		2,814		4,495		8,371		8,315
PST		1,123		(1,091)		1,702		(4,208)
Unallocated Corporate (A)		(8,185)		(8,075)		(18,241)		(13,789)
Total operating income	$	15,676	$	13,626	$	30,840	$	22,132
Depreciation and Amortization:
Control Devices	$	2,687	$	2,475	$	5,386	$	4,784
Electronics		2,241		1,040		3,811		2,080
PST		2,096		2,231		4,184		4,081
Unallocated Corporate		96		124		195		194
Total depreciation and amortization (B)	$	7,120	$	5,870	$	13,576	$	11,139
Interest Expense, net:
Control Devices	$	11	$	55	$	65	$	116
Electronics		6		124		44		163
PST		532		1,002		1,104		1,752
Unallocated Corporate		969		659		1,715		1,323
Total interest expense, net	$	1,518	$	1,840	$	2,928	$	3,354
Capital Expenditures:
Control Devices	$	4,347	$	3,304	$	7,795	$	6,031
Electronics		1,684		854		4,034		3,985
PST		1,041		1,022		1,925		1,876
Unallocated Corporate(C)		830		9		1,413		114
Total capital expenditures	$	7,902	$	5,189	$	15,167	$	12,006
















						June 30,		December 31,
						2017		2016
Total Assets:
Control Devices					$	157,853	$	150,623
Electronics						234,363		99,964
PST						105,284		107,405
Corporate (C)						359,494		287,031
Eliminations						(336,001)		(250,494)
Total assets					$	520,993	$	394,529






(A) Unallocated Corporate expenses include, among other items, finance, legal, human resources and information technology costs and 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, fixed assets for the corporate 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				Six months ended
		June 30,				June 30,
		2017		2016		2017		2016
Net Sales:
North America	$	121,487	$	114,250	$	244,873	$	213,369
South America		23,500		20,253		45,133		37,865
Europe and Other		64,124		52,400		123,416		98,285
Total net sales	$	209,111	$	186,903	$	413,422	$	349,519








						June 30,		December 31,
						2017		2016

Long-term Assets:
North America					$	74,594	$	73,835
South America						61,015		63,497
Europe and Other						99,202		16,304
Total long-term assets					$	234,811	$	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

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
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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

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