Segment Reporting (Tables)

9 Months Ended

Oct. 02, 2021

Segment Reporting [Abstract]

Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:

	Three Months Ended						Nine Months Ended
	October 2, 2021			September 26, 2020			October 2, 2021			September 26, 2020
Net sales
Hydraulics	$	133,404		$	98,206		$	385,549		$	304,113
Electronics		89,837			24,439			265,950			67,309
Total	$	223,241		$	122,645		$	651,499		$	371,422
Operating income
Hydraulics	$	31,799		$	18,942		$	92,200		$	62,413
Electronics		18,445			4,683			56,324			10,400
Corporate and other		(9,495	)		(5,282	)		(31,103	)		(47,801	)
Total	$	40,749		$	18,343		$	117,421		$	25,012
Capital expenditures
Hydraulics	$	4,187		$	1,109		$	10,205		$	5,426
Electronics		2,562			831			6,849			1,729
Total	$	6,749		$	1,940		$	17,054		$	7,155

	October 2, 2021		January 2, 2021
Total assets
Hydraulics	$	849,003	$	765,155
Electronics		558,614		523,502
Corporate		10,375		8,322
Total	$	1,417,992	$	1,296,979

Schedule of geographic region information

Net sales are measured based on the geographic destination of sales. 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				Nine Months Ended
	October 2, 2021		September 26, 2020		October 2, 2021		September 26, 2020
Net sales
Americas	$	109,365	$	49,167	$	314,469	$	155,740
EMEA		55,952		33,628		166,183		102,680
APAC		57,924		39,850		170,847		113,002
Total	$	223,241	$	122,645	$	651,499	$	371,422

	October 2, 2021		January 2, 2021
Tangible long-lived assets
Americas	$	96,059	$	96,752
EMEA		33,970		31,091
APAC		17,541		18,718
Total	$	147,570	$	146,561