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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2018

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,		2018		2017
Net Sales:
Control Devices	$	115,357	$	118,873
Inter-segment sales		2,181		783
Control Devices net sales		117,538		119,656
Electronics (D)		90,028		63,805
Inter-segment sales		10,472		11,356
Electronics net sales		100,500		75,161
PST		20,545		21,633
Inter-segment sales		2		-
PST net sales		20,547		21,633

Eliminations		(12,655)		(12,139)
Total net sales	$	225,930	$	204,311
Operating Income (Loss):
Control Devices	$	17,879	$	19,084
Electronics (D)		7,880		5,557
PST		150		579
Unallocated Corporate (A)		(9,062)		(10,056)
Total operating income	$	16,847	$	15,164
Depreciation and Amortization:
Control Devices	$	2,795	$	2,699
Electronics (D)		2,291		1,572
PST		2,505		2,088
Unallocated Corporate		197		99
Total depreciation and amortization (B)	$	7,788	$	6,458
Interest Expense, net:
Control Devices	$	19	$	54
Electronics		34		38
PST		338		572
Unallocated Corporate		963		746
Total interest expense, net	$	1,354	$	1,410
Capital Expenditures:
Control Devices	$	5,746	$	3,447
Electronics (D)		2,773		2,351
PST		1,259		884
Unallocated Corporate(C)		727		583
Total capital expenditures	$	10,505	$	7,265














		March 31,		December 31,
		2018		2017
Total Assets:
Control Devices	$	174,608	$	164,632
Electronics		276,252		252,324
PST		99,102		100,382
Corporate (C)		366,349		377,657
Eliminations		(336,109)		(335,958)
Total assets	$	580,202	$	559,037






(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.





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		2018		2017
Net Sales:
North America	$	124,429	$	123,386
South America		20,545		21,633
Europe and Other (D)		80,956		59,292
Total net sales	$	225,930	$	204,311








		March 31,		December 31,
		2018		2017

Long-term Assets:
North America	$	93,615	$	89,997
South America		57,430		58,989
Europe and Other		110,464		106,682
Total long-term assets	$	261,509	$	255,668





























(D) The amount for 2017 includes two months of net sales from the acquisition date of January 31, 2017 related to Orlaco which is disclosed in Note 4

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		2018		2017
Net Sales:
North America	$	124,429	$	123,386
South America		20,545		21,633
Europe and Other (D)		80,956		59,292
Total net sales	$	225,930	$	204,311








		March 31,		December 31,
		2018		2017

Long-term Assets:
North America	$	93,615	$	89,997
South America		57,430		58,989
Europe and Other		110,464		106,682
Total long-term assets	$	261,509	$	255,668





























(D) The amount for 2017 includes two months of net sales from the acquisition date of January 31, 2017 related to Orlaco which is disclosed in Note 4

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

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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=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

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-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

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