Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.8.0.1
Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30, 2017

 

 

October 1, 2016

 

 

September 30, 2017

 

 

October 1, 2016

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

56,638

 

 

$

44,402

 

 

$

171,578

 

 

$

144,500

 

Electronics

 

 

31,363

 

 

 

830

 

 

 

87,111

 

 

 

2,569

 

 

 

$

88,001

 

 

$

45,232

 

 

$

258,689

 

 

$

147,069

 

Operating Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

13,487

 

 

$

7,706

 

 

$

43,618

 

 

$

30,274

 

Electronics

 

 

5,961

 

 

 

(134

)

 

 

18,616

 

 

 

(372

)

Corporate and other

 

 

(2,046

)

 

 

(329

)

 

 

(8,347

)

 

 

(329

)

 

 

$

17,402

 

 

$

7,243

 

 

$

53,887

 

 

$

29,573

 

Depreciation and Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

2,170

 

 

$

2,389

 

 

$

6,699

 

 

$

7,169

 

Electronics

 

 

2,534

 

 

 

127

 

 

 

7,860

 

 

 

381

 

 

 

$

4,704

 

 

$

2,516

 

 

$

14,559

 

 

$

7,550

 

Capital Expenditures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

4,185

 

 

$

1,895

 

 

$

6,261

 

 

$

4,330

 

Electronics

 

 

778

 

 

 

55

 

 

 

2,007

 

 

 

177

 

 

 

$

4,963

 

 

$

1,950

 

 

$

8,268

 

 

$

4,507

 

 

 

 

September 30, 2017

 

 

December 31, 2016

 

Total Assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

205,060

 

 

$

193,722

 

Electronics

 

 

271,528

 

 

 

251,055

 

Total

 

$

476,588

 

 

$

444,777

 

 

Schedule of geographic region information

Tangible long-lived assets are shown based on the physical location of the assets and primarily include net property, plant and equipment:

 

 

 

Three months ended

 

 

Nine months ended

 

 

 

September 30, 2017

 

 

October 1, 2016

 

 

September 30, 2017

 

 

October 1, 2016

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

52,117

 

 

$

21,425

 

 

$

152,110

 

 

$

69,541

 

Europe/Middle East/Africa

 

 

18,970

 

 

 

13,960

 

 

 

58,299

 

 

 

45,440

 

Asia/Pacific

 

 

16,914

 

 

 

9,847

 

 

 

48,280

 

 

 

32,088

 

Total

 

$

88,001

 

 

$

45,232

 

 

$

258,689

 

 

$

147,069

 

 

 

 

 

September 30, 2017

 

 

December 31, 2016

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

68,048

 

 

$

71,802

 

Europe/Middle East/Africa

 

 

7,623

 

 

 

7,116

 

Asia/Pacific

 

 

4,965

 

 

 

1,597

 

Total

 

$

80,636

 

 

$

80,515