Annual report pursuant to Section 13 and 15(d)

Segment Reporting (Tables)

v3.22.4
Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Schedule of financial information by reportable segment

The following table presents financial information by reportable segment for the last three fiscal years:

 

 

 

2022

 

 

2021

 

 

2020

 

Net sales:

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

551.3

 

 

$

516.4

 

 

$

407.2

 

Electronics

 

 

334.1

 

 

 

352.7

 

 

 

115.8

 

Total

 

$

885.4

 

 

$

869.2

 

 

$

523.0

 

Operating income:

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

122.7

 

 

$

119.8

 

 

$

82.0

 

Electronics

 

 

52.5

 

 

 

71.7

 

 

 

19.4

 

Corporate and other

 

 

(37.9

)

 

 

(42.2

)

 

 

(66.0

)

Total

 

$

137.3

 

 

$

149.3

 

 

$

35.4

 

Capital expenditures:

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

21.5

 

 

$

17.5

 

 

$

11.7

 

Electronics

 

 

10.4

 

 

 

9.3

 

 

 

2.9

 

Total

 

$

31.9

 

 

$

26.8

 

 

$

14.6

 

Total assets:

 

 

 

 

 

 

 

 

 

Hydraulics

 

$

874.8

 

 

$

821.8

 

 

$

765.2

 

Electronics

 

 

567.1

 

 

 

585.7

 

 

 

523.5

 

Corporate

 

 

21.8

 

 

 

7.8

 

 

 

8.3

 

Total

 

$

1,463.7

 

 

$

1,415.3

 

 

$

1,297.0

 

 

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. The following table presents financial information by region for the last three fiscal years:

 

 

 

2022

 

 

2021

 

 

2020

 

Net sales

 

 

 

 

 

 

 

 

 

Americas

 

$

470.4

 

 

$

425.5

 

 

$

224.5

 

EMEA

 

 

223.6

 

 

 

222.0

 

 

 

142.1

 

APAC

 

 

191.4

 

 

 

221.7

 

 

 

156.4

 

Total

 

$

885.4

 

 

$

869.2

 

 

$

523.0

 

 

 

 

 

 

 

 

 

 

 

Tangible long-lived assets

 

 

 

 

 

 

 

 

 

Americas

 

$

105.7

 

 

$

97.6

 

 

$

96.8

 

EMEA

 

 

33.1

 

 

 

35.8

 

 

 

31.1

 

APAC

 

 

17.7

 

 

 

18.0

 

 

 

18.7

 

Total

 

$

156.5

 

 

$

151.4

 

 

$

146.6