Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

v3.21.1
Segment Reporting (Tables)
3 Months Ended
Apr. 03, 2021
Segment Reporting [Abstract]  
Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:

 

 

Three Months Ended

 

 

 

 

April 3, 2021

 

 

March 28, 2020

 

 

Net sales

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

119,106

 

 

$

103,818

 

 

Electronics

 

 

85,738

 

 

 

25,665

 

 

Total

 

$

204,844

 

 

$

129,483

 

 

Operating income

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

28,073

 

 

$

21,482

 

 

Electronics

 

 

18,280

 

 

 

4,778

 

 

Corporate and other

 

 

(11,745

)

 

 

(36,293

)

 

Total

 

$

34,608

 

 

$

(10,033

)

 

Capital expenditures

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

2,635

 

 

$

2,394

 

 

Electronics

 

 

2,401

 

 

 

543

 

 

Total

 

$

5,036

 

 

$

2,937

 

 

 

 

 

April 3, 2021

 

 

January 2, 2021

 

Total assets

 

 

 

 

 

 

 

 

Hydraulics

 

$

762,063

 

 

$

765,155

 

Electronics

 

 

541,834

 

 

 

523,502

 

Corporate

 

 

7,651

 

 

 

8,322

 

Total

 

$

1,311,548

 

 

$

1,296,979

 

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

 

 

 

 

April 3, 2021

 

 

March 28, 2020

 

 

Net sales

 

 

 

 

 

 

 

 

 

Americas

 

$

99,341

 

 

$

58,950

 

 

EMEA

 

 

52,602

 

 

 

35,971

 

 

APAC

 

 

52,901

 

 

 

34,562

 

 

Total

 

$

204,844

 

 

$

129,483

 

 

 

 

 

 

April 3, 2021

 

 

January 2, 2021

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

Americas

 

$

96,888

 

 

$

96,752

 

EMEA

 

 

30,183

 

 

 

31,091

 

APAC

 

 

18,112

 

 

 

18,718

 

Total

 

$

145,183

 

 

$

146,561