Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.20.2
Segment Reporting (Tables)
9 Months Ended
Sep. 26, 2020
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 26, 2020

 

 

September 28, 2019

 

 

September 26, 2020

 

 

September 28, 2019

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

98,206

 

 

$

110,089

 

 

$

304,113

 

 

$

340,262

 

Electronics

 

 

24,439

 

 

 

27,956

 

 

 

67,309

 

 

 

88,476

 

Total

 

$

122,645

 

 

$

138,045

 

 

$

371,422

 

 

$

428,738

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

18,942

 

 

$

17,867

 

 

$

62,413

 

 

$

65,752

 

Electronics

 

 

4,683

 

 

 

5,977

 

 

 

10,400

 

 

 

18,977

 

Corporate and other

 

 

(5,282

)

 

 

(4,706

)

 

 

(47,801

)

 

 

(13,387

)

Total

 

$

18,343

 

 

$

19,138

 

 

$

25,012

 

 

$

71,342

 

Capital expenditures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

1,109

 

 

$

3,774

 

 

$

5,426

 

 

$

17,606

 

Electronics

 

 

831

 

 

 

397

 

 

 

1,729

 

 

 

1,978

 

Total

 

$

1,940

 

 

$

4,171

 

 

$

7,155

 

 

$

19,584

 

 

 

 

September 26, 2020

 

 

December 28, 2019

 

Total assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

747,708

 

 

$

768,324

 

Electronics

 

 

246,621

 

 

 

251,252

 

Corporate

 

 

4,836

 

 

 

2,175

 

Total

 

$

999,165

 

 

$

1,021,751

 

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 right-of-use assets.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 26, 2020

 

 

September 28, 2019

 

 

September 26, 2020

 

 

September 28, 2019

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

49,167

 

 

$

67,340

 

 

$

155,740

 

 

$

202,974

 

EMEA

 

 

33,628

 

 

 

34,020

 

 

 

102,680

 

 

 

116,802

 

APAC

 

 

39,850

 

 

 

36,685

 

 

 

113,002

 

 

 

108,962

 

Total

 

$

122,645

 

 

$

138,045

 

 

$

371,422

 

 

$

428,738

 

 

 

 

September 26, 2020

 

 

December 28, 2019

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

83,877

 

 

$

87,104

 

EMEA

 

 

27,517

 

 

 

28,436

 

APAC

 

 

17,485

 

 

 

18,004

 

Total

 

$

128,879

 

 

$

133,544