Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.20.1
Segment Reporting (Tables)
3 Months Ended
Mar. 28, 2020
Segment Reporting [Abstract]  
Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:

 

 

Three Months Ended

 

 

 

March 28, 2020

 

 

March 30, 2019

 

Net sales

 

 

 

 

 

 

 

 

Hydraulics

 

$

103,818

 

 

$

116,463

 

Electronics

 

 

25,665

 

 

 

30,388

 

Total

 

$

129,483

 

 

$

146,851

 

Operating (loss) income

 

 

 

 

 

 

 

 

Hydraulics

 

$

21,482

 

 

$

23,762

 

Electronics

 

 

4,778

 

 

 

6,512

 

Corporate and other

 

 

(36,293

)

 

 

(4,442

)

Total

 

$

(10,033

)

 

$

25,832

 

Capital expenditures

 

 

 

 

 

 

 

 

Hydraulics

 

$

2,394

 

 

$

8,145

 

Electronics

 

 

543

 

 

 

647

 

Total

 

$

2,937

 

 

$

8,792

 

 

 

 

March 28, 2020

 

 

December 28, 2019

 

Total assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

733,632

 

 

$

768,324

 

Electronics

 

 

250,818

 

 

 

251,252

 

Corporate

 

 

9,399

 

 

 

2,175

 

Total

 

$

993,849

 

 

$

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

 

 

 

March 28, 2020

 

 

March 30, 2019

 

Net sales

 

 

 

 

 

 

 

 

Americas

 

$

58,950

 

 

$

67,706

 

EMEA

 

 

35,971

 

 

 

44,220

 

APAC

 

 

34,562

 

 

 

34,925

 

Total

 

$

129,483

 

 

$

146,851

 

 

 

 

March 28, 2020

 

 

December 28, 2019

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

86,490

 

 

$

87,104

 

EMEA

 

 

27,842

 

 

 

28,436

 

APAC

 

 

16,739

 

 

 

18,004

 

Total

 

$

131,071

 

 

$

133,544