Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.19.2
Segment Reporting (Tables)
6 Months Ended
Jun. 29, 2019
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 29, 2019

 

 

June 30, 2018

 

 

June 29, 2019

 

 

June 30, 2018

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

113,710

 

 

$

103,634

 

 

$

230,173

 

 

$

166,243

 

Electronics

 

 

30,132

 

 

 

32,534

 

 

 

60,520

 

 

 

67,243

 

Total

 

$

143,842

 

 

$

136,168

 

 

$

290,693

 

 

$

233,486

 

Operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

24,123

 

 

$

25,401

 

 

$

47,885

 

 

$

38,844

 

Electronics

 

 

6,488

 

 

 

6,532

 

 

 

13,000

 

 

 

13,639

 

Corporate and other

 

 

(4,238

)

 

 

(14,930

)

 

 

(8,681

)

 

 

(18,226

)

Total

 

$

26,373

 

 

$

17,003

 

 

$

52,204

 

 

$

34,257

 

Capital expenditures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

5,686

 

 

$

6,172

 

 

$

13,832

 

 

$

10,149

 

Electronics

 

 

935

 

 

 

172

 

 

 

1,581

 

 

 

432

 

Total

 

$

6,621

 

 

$

6,344

 

 

$

15,413

 

 

$

10,581

 

 

 

 

June 29, 2019

 

 

December 29, 2018

 

Total assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

792,686

 

 

$

771,409

 

Electronics

 

 

262,016

 

 

 

263,412

 

Corporate

 

 

5,155

 

 

 

7,344

 

Total

 

$

1,059,857

 

 

$

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

 

 

Six months ended

 

 

 

June 29, 2019

 

 

June 30, 2018

 

 

June 29, 2019

 

 

June 30, 2018

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

67,928

 

 

$

67,553

 

 

$

135,634

 

 

$

124,024

 

Europe/Middle East/Africa

 

 

38,562

 

 

 

43,233

 

 

 

82,782

 

 

 

65,584

 

Asia/Pacific

 

 

37,352

 

 

 

25,382

 

 

 

72,277

 

 

 

43,878

 

Total

 

$

143,842

 

 

$

136,168

 

 

$

290,693

 

 

$

233,486

 

 

 

 

 

June 29, 2019

 

 

December 29, 2018

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

85,570

 

 

$

83,664

 

Europe/Middle East/Africa

 

 

29,331

 

 

 

26,724

 

Asia/Pacific

 

 

18,114

 

 

 

16,480

 

Total

 

$

133,015

 

 

$

126,868