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)

9 Months Ended

Sep. 30, 2023

Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:


	Three Months Ended						Nine Months Ended
	September 30, 2023			October 1, 2022			September 30, 2023			October 1, 2022
Net sales
Hydraulics	$	132.0		$	131.2		$	432.1		$	411.1
Electronics		69.4			76.0			210.1			278.3
Total	$	201.4		$	207.2		$	642.2		$	689.4
Operating income
Hydraulics	$	18.4		$	29.4		$	73.3		$	92.1
Electronics		4.2			11.0			23.8			51.8
Corporate and other		(8.8	)		(9.6	)		(29.1	)		(27.3	)
Total	$	13.8		$	30.7		$	68.0		$	116.6
Capital expenditures
Hydraulics	$	4.5		$	5.6		$	19.5		$	13.9
Electronics		1.3			2.9			6.0			8.0
Total	$	5.8		$	8.4		$	25.5		$	21.9


	September 30, 2023		December 31, 2022
Total assets
Hydraulics	$	962.6	$	874.8
Electronics		605.1		567.1
Corporate		22.9		21.8
Total	$	1,590.6	$	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				Nine Months Ended
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
Net sales
Americas	$	115.1	$	114.7	$	351.9	$	365.6
EMEA		44.5		49.0		158.9		175.0
APAC		41.8		43.5		131.4		148.8
Total	$	201.4	$	207.2	$	642.2	$	689.4


	September 30, 2023		December 31, 2022
Tangible long-lived assets
Americas	$	145.8	$	105.7
EMEA		33.9		33.1
APAC		18.3		17.7
Total	$	198.0	$	156.5