Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.19.3
Segment Reporting (Tables)
9 Months Ended
Sep. 28, 2019
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 28, 2019

 

 

September 29, 2018

 

 

September 28, 2019

 

 

September 29, 2018

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

110,089

 

 

$

104,055

 

 

$

340,262

 

 

$

270,297

 

Electronics

 

 

27,956

 

 

 

31,782

 

 

 

88,476

 

 

 

99,025

 

Total

 

$

138,045

 

 

$

135,837

 

 

$

428,738

 

 

$

369,322

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

17,867

 

 

$

22,723

 

 

$

65,752

 

 

$

61,567

 

Electronics

 

 

5,977

 

 

 

6,321

 

 

 

18,977

 

 

 

19,960

 

Corporate and other

 

 

(4,706

)

 

 

(9,798

)

 

 

(13,387

)

 

 

(28,024

)

Total

 

$

19,138

 

 

$

19,246

 

 

$

71,342

 

 

$

53,503

 

Capital expenditures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

3,774

 

 

$

7,047

 

 

$

17,606

 

 

$

17,196

 

Electronics

 

 

397

 

 

 

1,074

 

 

 

1,978

 

 

 

1,506

 

Total

 

$

4,171

 

 

$

8,121

 

 

$

19,584

 

 

$

18,702

 

 

 

 

September 28, 2019

 

 

December 29, 2018

 

Total assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

756,613

 

 

$

771,409

 

Electronics

 

 

255,568

 

 

 

263,412

 

Corporate

 

 

8,769

 

 

 

7,344

 

Total

 

$

1,020,950

 

 

$

1,042,165

 

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 and exclude ROU assets:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 28, 2019

 

 

September 29, 2018

 

 

September 28, 2019

 

 

September 29, 2018

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

67,340

 

 

$

65,809

 

 

$

202,974

 

 

$

189,832

 

Europe/Middle East/Africa

 

 

34,020

 

 

 

37,268

 

 

 

116,802

 

 

 

102,853

 

Asia/Pacific

 

 

36,685

 

 

 

32,760

 

 

 

108,962

 

 

 

76,637

 

Total

 

$

138,045

 

 

$

135,837

 

 

$

428,738

 

 

$

369,322

 

 

 

 

 

September 28, 2019

 

 

December 29, 2018

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

86,203

 

 

$

83,664

 

Europe/Middle East/Africa

 

 

27,905

 

 

 

26,724

 

Asia/Pacific

 

 

17,477

 

 

 

16,480

 

Total

 

$

131,585

 

 

$

126,868