Segment Reporting (Tables)

6 Months Ended

Jul. 02, 2022

Segment Reporting [Abstract]

Schedule of financial information by reportable segment

The following table presents financial information by reportable segment:

	Three Months Ended						Six Months Ended
	July 2, 2022			July 3, 2021			July 2, 2022			July 3, 2021
Net sales
Hydraulics	$	142,807		$	133,039		$	279,913		$	252,145
Electronics		98,861			90,374			202,302			176,113
Total	$	241,668		$	223,413		$	482,215		$	428,258
Operating income
Hydraulics	$	31,053		$	32,328		$	62,686		$	60,401
Electronics		20,292			19,599			40,815			37,879
Corporate and other		(8,368	)		(9,865	)		(17,638	)		(21,609	)
Total	$	42,977		$	42,062		$	85,863		$	76,671
Capital expenditures
Hydraulics	$	5,336		$	3,383		$	8,315		$	6,018
Electronics		2,501			1,886			5,152			4,287
Total	$	7,837		$	5,269		$	13,467		$	10,305

	July 2, 2022		January 1, 2022
Total assets
Hydraulics	$	794,238	$	821,836
Electronics		592,474		585,739
Corporate		18,952		7,771
Total	$	1,405,664	$	1,415,346

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				Six Months Ended
	July 2, 2022		July 3, 2021		July 2, 2022		July 3, 2021
Net sales
Americas	$	130,149	$	105,762	$	250,951	$	205,104
EMEA		61,324		57,629		126,027		110,231
APAC		50,195		60,022		105,237		112,923
Total	$	241,668	$	223,413	$	482,215	$	428,258

	July 2, 2022		January 1, 2022
Tangible long-lived assets
Americas	$	98,194	$	97,649
EMEA		33,840		35,829
APAC		16,858		17,956
Total	$	148,892	$	151,434