| Schedule of financial information by reportable segment |
The following table presents financial information by reportable segment:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended |
|
|
Nine Months Ended |
|
|
|
October 1, 2022 |
|
|
October 2, 2021 |
|
|
October 1, 2022 |
|
|
October 2, 2021 |
|
Net sales |
|
|
|
|
|
|
|
|
|
|
|
|
Hydraulics |
|
$ |
131,204 |
|
|
$ |
133,404 |
|
|
$ |
411,118 |
|
|
$ |
385,549 |
|
Electronics |
|
|
76,001 |
|
|
|
89,837 |
|
|
|
278,302 |
|
|
|
265,950 |
|
Total |
|
$ |
207,205 |
|
|
$ |
223,241 |
|
|
$ |
689,420 |
|
|
$ |
651,499 |
|
Operating income |
|
|
|
|
|
|
|
|
|
|
|
|
Hydraulics |
|
$ |
29,411 |
|
|
$ |
31,799 |
|
|
$ |
92,097 |
|
|
$ |
92,200 |
|
Electronics |
|
|
10,964 |
|
|
|
18,445 |
|
|
|
51,778 |
|
|
|
56,324 |
|
Corporate and other |
|
|
(9,632 |
) |
|
|
(9,495 |
) |
|
|
(27,270 |
) |
|
|
(31,103 |
) |
Total |
|
$ |
30,743 |
|
|
$ |
40,749 |
|
|
$ |
116,605 |
|
|
$ |
117,421 |
|
Capital expenditures |
|
|
|
|
|
|
|
|
|
|
|
|
Hydraulics |
|
$ |
5,584 |
|
|
$ |
4,187 |
|
|
$ |
13,899 |
|
|
$ |
10,205 |
|
Electronics |
|
|
2,865 |
|
|
|
2,562 |
|
|
|
8,017 |
|
|
|
6,849 |
|
Total |
|
$ |
8,449 |
|
|
$ |
6,749 |
|
|
$ |
21,916 |
|
|
$ |
17,054 |
|
|
|
|
|
|
|
|
|
|
|
|
October 1, 2022 |
|
|
January 1, 2022 |
|
Total assets |
|
|
|
|
|
|
Hydraulics |
|
$ |
822,548 |
|
|
$ |
821,836 |
|
Electronics |
|
|
574,606 |
|
|
|
585,739 |
|
Corporate |
|
|
22,413 |
|
|
|
7,771 |
|
Total |
|
$ |
1,419,567 |
|
|
$ |
1,415,346 |
|
|
| Schedule of geographic region information |
Net sales are measured based on the geographic destination of sales. 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 |
|
|
|
October 1, 2022 |
|
|
October 2, 2021 |
|
|
October 1, 2022 |
|
|
October 2, 2021 |
|
Net sales |
|
|
|
|
|
|
|
|
|
|
|
|
Americas |
|
$ |
114,659 |
|
|
$ |
109,365 |
|
|
$ |
365,610 |
|
|
$ |
314,469 |
|
EMEA |
|
|
49,012 |
|
|
|
55,952 |
|
|
|
175,039 |
|
|
|
166,183 |
|
APAC |
|
|
43,534 |
|
|
|
57,924 |
|
|
|
148,771 |
|
|
|
170,847 |
|
Total |
|
$ |
207,205 |
|
|
$ |
223,241 |
|
|
$ |
689,420 |
|
|
$ |
651,499 |
|
|
|
|
|
|
|
|
|
|
|
|
October 1, 2022 |
|
|
January 1, 2022 |
|
Tangible long-lived assets |
|
|
|
|
|
|
Americas |
|
$ |
105,571 |
|
|
$ |
97,649 |
|
EMEA |
|
|
30,632 |
|
|
|
35,829 |
|
APAC |
|
|
16,694 |
|
|
|
17,956 |
|
Total |
|
$ |
152,897 |
|
|
$ |
151,434 |
|
|