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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 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				Six months ended
		June 30,				June 30,
		2018		2017		2018		2017
Net Sales:
Control Devices	$	109,956	$	114,001	$	225,313	$	232,874
Inter-segment sales		2,481		1,368		4,662		2,151
Control Devices net sales		112,437		115,369		229,975		235,025
Electronics (D)		90,313		71,610		180,341		135,415
Inter-segment sales		9,771		10,223		20,243		21,579
Electronics net sales		100,084		81,833		200,584		156,994
PST		20,333		23,500		40,878		45,133
Inter-segment sales		-		-		2		-
PST net sales		20,333		23,500		40,880		45,133

Eliminations		(12,252)		(11,591)		(24,907)		(23,730)
Total net sales	$	220,602	$	209,111	$	446,532	$	413,422
Operating Income (Loss):
Control Devices	$	17,160	$	19,924	$	35,039	$	39,008
Electronics (D)		8,276		2,814		16,156		8,371
PST		735		1,123		885		1,702
Unallocated Corporate (A)		(6,990)		(8,185)		(16,052)		(18,241)
Total operating income	$	19,181	$	15,676	$	36,028	$	30,840
Depreciation and Amortization:
Control Devices	$	2,897	$	2,687	$	5,692	$	5,386
Electronics (D)		2,252		2,241		4,543		3,811
PST		1,740		2,096		4,245		4,184
Unallocated Corporate		199		96		396		195
Total depreciation and amortization (B)	$	7,088	$	7,120	$	14,876	$	13,576
Interest Expense, net:
Control Devices	$	18	$	11	$	37	$	65
Electronics		23		6		57		44
PST		194		532		532		1,104
Unallocated Corporate		935		969		1,898		1,715
Total interest expense, net	$	1,170	$	1,518	$	2,524	$	2,928
Capital Expenditures:
Control Devices	$	3,312	$	4,347	$	9,058	$	7,795
Electronics (D)		1,394		1,684		4,167		4,034
PST		696		1,041		1,955		1,925
Unallocated Corporate(C)		938		830		1,665		1,413
Total capital expenditures	$	6,340	$	7,902	$	16,845	$	15,167
















						June 30,		December 31,
						2018		2017
Total Assets:
Control Devices					$	175,649	$	164,632
Electronics						268,619		252,324
PST						84,313		100,382
Corporate (C)						350,203		377,657
Eliminations						(318,138)		(335,958)
Total assets					$	560,646	$	559,037






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,
		2018		2017		2018		2017
Net Sales:
North America	$	120,885	$	121,487	$	245,314	$	244,873
South America		20,333		23,500		40,878		45,133
Europe and Other (D)		79,384		64,124		160,340		123,416
Total net sales	$	220,602	$	209,111	$	446,532	$	413,422








						June 30,		December 31,
						2018		2017

Long-term Assets:
North America					$	88,952	$	89,997
South America						47,824		58,989
Europe and Other						107,888		106,682
Total long-term assets					$	244,664	$	255,668





























(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.

(D) The amount for the six months ended June 30, 2017 includes five months of activity 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				Six months ended
		June 30,				June 30,
		2018		2017		2018		2017
Net Sales:
North America	$	120,885	$	121,487	$	245,314	$	244,873
South America		20,333		23,500		40,878		45,133
Europe and Other (D)		79,384		64,124		160,340		123,416
Total net sales	$	220,602	$	209,111	$	446,532	$	413,422








						June 30,		December 31,
						2018		2017

Long-term Assets:
North America					$	88,952	$	89,997
South America						47,824		58,989
Europe and Other						107,888		106,682
Total long-term assets					$	244,664	$	255,668





























(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.

(D) The amount for the six months ended June 30, 2017 includes five months of activity 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

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-Publisher FASB
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