Helios Technologies Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Tables)

Segment Reporting (Tables)

6 Months Ended

Jul. 01, 2023

Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:


	Three Months Ended						Six Months Ended
	July 1, 2023			July 2, 2022			July 1, 2023			July 2, 2022
Net sales
Hydraulics	$	152.4		$	142.8		$	300.1		$	279.9
Electronics		75.2			98.9			140.7			202.3
Total	$	227.6		$	241.7		$	440.8		$	482.2
Operating income
Hydraulics	$	27.0		$	31.1		$	55.0		$	62.7
Electronics		12.0			20.3			19.5			40.8
Corporate and other		(9.5	)		(8.4	)		(20.2	)		(17.6	)
Total	$	29.5		$	43.0		$	54.3		$	85.9
Capital expenditures
Hydraulics	$	8.0		$	5.3		$	14.9		$	8.3
Electronics		2.5			2.5			4.7			5.2
Total	$	10.5		$	7.8		$	19.6		$	13.5


	July 1, 2023		December 31, 2022
Total assets
Hydraulics	$	979.9	$	874.8
Electronics		608.6		567.1
Corporate		22.2		21.8
Total	$	1,610.7	$	1,463.7

Schedule of geographic region information

Net sales are measured based on the geographic destination of sales to the Americas, Europe, the Middle East and Africa (“EMEA”) and Asia Pacific (“APAC”). 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. The following table presents financial information by region:


	Three Months Ended				Six Months Ended
	July 1, 2023		July 2, 2022		July 1, 2023		July 2, 2022
Net sales
Americas	$	123.8	$	130.1	$	236.8	$	250.9
EMEA		58.3		61.3		114.4		126.0
APAC		45.5		50.3		89.6		105.3
Total	$	227.6	$	241.7	$	440.8	$	482.2


	July 1, 2023		December 31, 2022
Tangible long-lived assets
Americas	$	148.2	$	105.7
EMEA		34.5		33.1
APAC		18.1		17.7
Total	$	200.8	$	156.5