Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

A summary of financial information by reportable segment is as follows:

	Three months ended				Six months ended
	June 30,				June 30,
	2019		2018		2019		2018
Net Sales:
Control Devices	$	114,067	$	109,956	$	224,186	$	225,313
Inter-segment sales		2,078		2,481		3,939		4,662
Control Devices net sales		116,145		112,437		228,125		229,975
Electronics (D)		91,560		90,313		182,406		180,341
Inter-segment sales		10,325		9,771		19,047		20,243
Electronics net sales		101,885		100,084		201,453		200,584
PST		16,614		20,333		33,946		40,878
Inter-segment sales		-		-		6		2
PST net sales		16,614		20,333		33,952		40,880
Eliminations		(12,403)		(12,252)		(22,992)		(24,907)
Total net sales	$	222,241	$	220,602	$	440,538	$	446,532
Operating Income (Loss):
Control Devices	$	44,367	$	17,160	$	56,315	$	35,039
Electronics		7,555		8,276		16,586		16,156
PST		6,414		735		7,084		885
Unallocated Corporate (A)		(9,150)		(6,990)		(19,100)		(16,052)
Total operating income	$	49,186	$	19,181	$	60,885	$	36,028
Depreciation and Amortization:
Control Devices	$	3,197	$	2,897	$	6,291	$	5,692
Electronics		2,510		2,252		4,907		4,543
PST		1,695		1,740		3,220		4,245
Unallocated Corporate		216		199		429		396
Total depreciation and amortization (B)	$	7,618	$	7,088	$	14,847	$	14,876
Interest (Income) Expense, net:
Control Devices	$	195	$	18	$	377	$	37
Electronics		63		23		119		57
PST		(59)		194		49		532
Unallocated Corporate		802		935		1,459		1,898
Total interest expense, net	$	1,001	$	1,170	$	2,004	$	2,524
Capital Expenditures:
Control Devices	$	4,042	$	3,312	$	7,534	$	9,058
Electronics		3,356		1,394		7,094		4,167
PST		805		696		1,624		1,955
Unallocated Corporate(C)		592		938		1,227		1,665
Total capital expenditures	$	8,795	$	6,340	$	17,479	$	16,845

	June 30,		December 31,
	2019		2018
Total Assets:
Control Devices	$	189,725	$	175,708
Electronics		277,961		265,838
PST		90,707		81,002
Corporate (C)		360,870		359,837
Eliminations		(323,216)		(322,866)
Total assets	$	596,047	$	559,519

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following tables present net sales and long-term assets for each of the geographic areas in which the Company operates:

	Three months ended				Six months ended
	June 30,				June 30,
	2019		2018		2019		2018
Net Sales:
North America	$	123,293	$	120,885	$	242,660	$	245,314
South America		16,614		20,333		33,946		40,878
Europe and Other		82,334		79,384		163,932		160,340
Total net sales	$	222,241	$	220,602	$	440,538	$	446,532

	June 30,		December 31,
	2019		2018
Long-term Assets:
North America	$	92,596	$	86,763
South America		44,220		45,408
Europe and Other		123,142		107,171
Total long-term assets	$	259,958	$	239,342

(A) Unallocated Corporate expenses include, among other items, accounting/finance, human resources, information technology and legal costs as well as share-based compensation.

(B) These amounts represent depreciation and amortization on property, plant and equipment and certain intangible assets.

(C) Assets located at Corporate consist primarily of cash, intercompany loan receivables, fixed assets for the corporate headquarter building, information technology assets, equity investments and investments in subsidiaries.