12. SEGMENT REPORTING

The Company has two reportable business segments: Hydraulics and Electronics. These segments are organized primarily based on the similar nature of products offered for sale, the types of customers served and the methods of distribution and are consistent with how the segments are managed, how resources are allocated and how information is used by the chief operating decision makers.

The Company evaluates performance and allocates resources based primarily on segment operating income. Certain costs were not allocated to the business segments as they are not used in evaluating the results of, or in allocating resources to the Company’s segments. These costs are presented in the Corporate and other line item below. For the six months ended June 30, 2018, the unallocated costs included certain corporate costs not deemed to be allocable to either business segment of $826 and acquisition related costs including Faster transaction costs of $4,271, charges related to inventory step-up to fair value of $3,125 and amortization of acquisition-related intangible assets of $10,004. The accounting policies of the Company’s business segments are the same as those used to prepare the accompanying consolidated financial statements.

The following table presents financial information by reportable segment:

	Three months ended						Six months ended
	June 30, 2018			July 1, 2017			June 30, 2018			July 1, 2017
Net sales
Hydraulics	$	103,634		$	60,818		$	166,243		$	114,940
Electronics		32,534			28,517			67,243			55,748
	$	136,168		$	89,335		$	233,486		$	170,688
Operating income
Hydraulics	$	25,401		$	16,359		$	38,844		$	30,131
Electronics		6,532			6,419			13,639			12,655
Corporate and other		(14,930	)		(2,077	)		(18,226	)		(6,301	)
	$	17,003		$	20,701		$	34,257		$	36,485
Capital expenditures
Hydraulics	$	6,172		$	1,465		$	10,149		$	2,076
Electronics		172			1,082			432			1,229
	$	6,344		$	2,547		$	10,581		$	3,305

	June 30, 2018		December 30, 2017
Total assets
Hydraulics	$	722,221	$	185,300
Electronics		267,884		274,466
Corporate		2,247		—
Total	$	992,352	$	459,766

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:

	Three months ended				Six months ended
	June 30, 2018		July 1, 2017		June 30, 2018		July 1, 2017
Net sales
Americas	$	67,553	$	52,705	$	124,024	$	99,993
Europe/Middle East/Africa		43,233		19,229		65,584		39,329
Asia/Pacific		25,382		17,401		43,878		31,366
Total	$	136,168	$	89,335	$	233,486	$	170,688

	June 30, 2018		December 30, 2017
Tangible long-lived assets
Americas	$	79,188	$	78,429
Europe/Middle East/Africa		25,359		7,803
Asia/Pacific		9,881		5,699
Total	$	114,428	$	91,931