Segment Information (Tables)

12 Months Ended

Dec. 31, 2018

Summary of Financial Information for Reportable Segments

Summarized financial information for the Company’s reportable segments is shown in the following tables.



(In thousands)	2018		2017		2016
Net sales:
SCEM	$	530,241	$	485,470	$	428,328
MC	552,844		436,225		362,658
AMH	467,412		420,837		384,284
Total net sales	$	1,550,497	$	1,342,532	$	1,175,270
(In thousands)	2018		2017		2016
Segment profit:
SCEM	$	129,754	$	111,802	$	77,328
MC	173,964		141,413		93,911
AMH	82,541		59,838		56,282
Total segment profit	$	386,259	$	313,053	$	227,521
(In thousands)	2018		2017		2016
Total assets:
SCEM	$	757,381	$	749,379	$	766,126
MC	680,080		251,216		200,399
AMH	359,991		278,079		267,085
Corporate	520,189		697,498		465,922
Total assets	$	2,317,641	$	1,976,172	$	1,699,532



(In thousands)	2018		2017		2016
Depreciation and amortization:
SCEM	$	70,329	$	66,514	$	64,959
MC	33,590		13,744		9,995
AMH	22,805		21,003		23,697
Corporate	544		970		1,235
Total depreciation and amortization	$	127,268	$	102,231	$	99,886

(In thousands)	2018		2017		2016
Capital expenditures:
SCEM	$	44,337	$	44,350	$	23,138
MC	38,331		27,178		9,880
AMH	26,545		18,378		31,634
Corporate	940		3,691		608
Total capital expenditures	$	110,153	$	93,597	$	65,260

Reconciliation of Total Segment Profit to Operating Income

The following table reconciles total segment profit to income before income taxes and equity in net loss of affiliate:



(In thousands)	2018			2017			2016
Total segment profit	$	386,259		$	313,053		$	227,521
Less:
Amortization of intangibles	62,152			44,023			44,263
Unallocated general and administrative expenses	31,418			27,213			27,722
Operating income	292,689			241,817			155,536
Interest expense	34,094			32,343			36,846
Interest income	(3,839		)	(715		)	(318		)
Other expense (income), net	8,002			25,458			(991		)
Income before income tax expense	$	254,432		$	184,731		$	119,999

Summary of Total Net Sales to External Customers

based on the ship to location of the customer for the years ended December 31, 2018, 2017 and 2016:



(In thousands)	2018
	SCEM		MC		AMH		Total
Taiwan	$	104,707	$	118,208	$	66,948	$	289,863
United States	133,834		94,427		118,771		347,032
South Korea	82,890		74,623		84,883		242,396
Japan	52,731		110,997		47,027		210,755
China	68,365		84,652		51,368		204,385
Europe	32,088		40,635		65,352		138,075
Southeast Asia	55,626		29,302		33,063		117,991
	$	530,241	$	552,844	$	467,412	$	1,550,497



	2017
(In thousands)	SCEM		MC		AMH		Total
Taiwan	$	113,279	$	109,815	$	66,620	$	289,714
United States	117,602		70,834		97,903		286,339
South Korea	74,773		65,677		76,418		216,868
Japan	41,164		89,638		38,678		169,480
China	64,796		45,382		38,712		148,890
Europe	30,472		30,479		59,530		120,481
Southeast Asia	43,384		24,400		42,976		110,760
	$	485,470	$	436,225	$	420,837	$	1,342,532



(In thousands)	2016
	SCEM		MC		AMH		Total
Taiwan	$	107,806	$	109,509	$	73,994	$	291,309
United States	98,436		57,594		97,838		253,868
South Korea	57,538		36,477		51,646		145,661
Japan	31,232		86,927		37,862		156,021
China	58,282		27,544		32,609		118,435
Europe	29,890		24,866		51,023		105,779
Southeast Asia	45,144		19,741		39,312		104,197
	$	428,328	$	362,658	$	384,284	$	1,175,270

Summary of Property, Plant and Equipment Attributed to Significant Countries

The following table summarizes property, plant and equipment, net, attributed to significant countries for the years ended December 31, 2018, 2017 and 2016:



(In thousands)	2018		2017		2016
Property, plant and equipment:
United States	$	289,049	$	257,584	$	226,394
South Korea	41,698		39,562		33,441
Japan	34,276		23,648		25,248
Malaysia	31,138		19,212		19,180
Taiwan	18,804		16,073		14,151
Other	4,564		3,444		3,148
	$	419,529	$	359,523	$	321,562