Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.10.0.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:

 

 

 

Three months ended

 

 

Six months ended

 

 

 

June 30, 2018

 

 

July 1, 2017

 

 

June 30, 2018

 

 

July 1, 2017

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

103,634

 

 

$

60,818

 

 

$

166,243

 

 

$

114,940

 

Electronics

 

 

32,534

 

 

 

28,517

 

 

 

67,243

 

 

 

55,748

 

 

 

$

136,168

 

 

$

89,335

 

 

$

233,486

 

 

$

170,688

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

25,401

 

 

$

16,359

 

 

$

38,844

 

 

$

30,131

 

Electronics

 

 

6,532

 

 

 

6,419

 

 

 

13,639

 

 

 

12,655

 

Corporate and other

 

 

(14,930

)

 

 

(2,077

)

 

 

(18,226

)

 

 

(6,301

)

 

 

$

17,003

 

 

$

20,701

 

 

$

34,257

 

 

$

36,485

 

Capital expenditures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

6,172

 

 

$

1,465

 

 

$

10,149

 

 

$

2,076

 

Electronics

 

 

172

 

 

 

1,082

 

 

 

432

 

 

 

1,229

 

 

 

$

6,344

 

 

$

2,547

 

 

$

10,581

 

 

$

3,305

 

 

 

 

June 30, 2018

 

 

December 30, 2017

 

Total assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

722,221

 

 

$

185,300

 

Electronics

 

 

267,884

 

 

 

274,466

 

Corporate

 

 

2,247

 

 

 

 

Total

 

$

992,352

 

 

$

459,766

 

 

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

 

 

Six months ended

 

 

 

June 30, 2018

 

 

July 1, 2017

 

 

June 30, 2018

 

 

July 1, 2017

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

67,553

 

 

$

52,705

 

 

$

124,024

 

 

$

99,993

 

Europe/Middle East/Africa

 

 

43,233

 

 

 

19,229

 

 

 

65,584

 

 

 

39,329

 

Asia/Pacific

 

 

25,382

 

 

 

17,401

 

 

 

43,878

 

 

 

31,366

 

Total

 

$

136,168

 

 

$

89,335

 

 

$

233,486

 

 

$

170,688

 

 

 

 

 

June 30, 2018

 

 

December 30, 2017

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

79,188

 

 

$

78,429

 

Europe/Middle East/Africa

 

 

25,359

 

 

 

7,803

 

Asia/Pacific

 

 

9,881

 

 

 

5,699

 

Total

 

$

114,428

 

 

$

91,931