Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.10.0.1
Segment Reporting (Tables)
9 Months Ended
Sep. 29, 2018
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 29, 2018

 

 

September 30, 2017

 

 

September 29, 2018

 

 

September 30, 2017

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

104,055

 

 

$

56,638

 

 

$

270,297

 

 

$

171,578

 

Electronics

 

 

31,782

 

 

 

31,363

 

 

 

99,025

 

 

 

87,111

 

 

 

$

135,837

 

 

$

88,001

 

 

$

369,322

 

 

$

258,689

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

22,723

 

 

$

13,487

 

 

$

61,567

 

 

$

43,618

 

Electronics

 

 

6,321

 

 

 

5,961

 

 

 

19,960

 

 

 

18,616

 

Corporate and other

 

 

(9,798

)

 

 

(2,046

)

 

 

(28,024

)

 

 

(8,347

)

 

 

$

19,246

 

 

$

17,402

 

 

$

53,503

 

 

$

53,887

 

Capital expenditures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

7,047

 

 

$

4,185

 

 

$

17,196

 

 

$

6,261

 

Electronics

 

 

1,074

 

 

 

778

 

 

 

1,506

 

 

 

2,007

 

 

 

$

8,121

 

 

$

4,963

 

 

$

18,702

 

 

$

8,268

 

 

 

 

September 29, 2018

 

 

December 30, 2017

 

Total assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

738,673

 

 

$

185,300

 

Electronics

 

 

267,745

 

 

 

274,466

 

Corporate

 

 

2,194

 

 

 

 

Total

 

$

1,008,612

 

 

$

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

 

 

Nine months ended

 

 

 

September 29, 2018

 

 

September 30, 2017

 

 

September 29, 2018

 

 

September 30, 2017

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

65,809

 

 

$

52,117

 

 

$

189,832

 

 

$

152,110

 

Europe/Middle East/Africa

 

 

37,268

 

 

 

18,970

 

 

 

102,853

 

 

 

58,299

 

Asia/Pacific

 

 

32,760

 

 

 

16,914

 

 

 

76,637

 

 

 

48,280

 

Total

 

$

135,837

 

 

$

88,001

 

 

$

369,322

 

 

$

258,689

 

 

 

 

 

September 29, 2018

 

 

December 30, 2017

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

79,895

 

 

$

78,429

 

Europe/Middle East/Africa

 

 

26,345

 

 

 

7,803

 

Asia/Pacific

 

 

16,420

 

 

 

5,699

 

Total

 

$

122,660

 

 

$

91,931