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Business Segments
 12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Business Segments
Business Segments
The Company has determined that it operates in four reportable segments: North America, Europe, Asia Pacific and South America. The Company’s principal products within each of these segments are sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems. The Company evaluates segment performance based on segment profit before tax. The results of each segment include certain allocations for general, administrative, interest, and other shared costs. The accounting policies of the Company’s segments are consistent with those described in Note 2. “Summary of Significant Accounting Policies.”
Certain financial information on the Company’s reportable segments was as follows:
 
  Year Ended December 31,
 
2017
 
2016
 
2015
Sales to external customers
 
 
 
 
 
North America
$
1,882,670

 
$
1,816,486

 
$
1,778,621

Europe
1,043,738

 
1,031,538

 
1,033,635

Asia Pacific
585,161

 
540,684

 
435,127

South America
106,557

 
84,183

 
95,421

Consolidated
$
3,618,126

 
$
3,472,891

 
$
3,342,804

 
 
 
 
 
 
Intersegment sales
 
 
 
 
 
North America
$
13,760

 
$
13,325

 
$
14,058

Europe
15,985

 
13,524

 
11,693

Asia Pacific
5,256

 
4,770

 
6,166

South America
49

 
31

 
49

Eliminations and other
(35,050
)
 
(31,650
)
 
(31,966
)
Consolidated
$
—

 
$
—

 
$
—

 
 
 
 
 
 
Segment profit (loss)
 
 
 
 
 
North America
$
236,165

 
$
219,744

 
$
215,487

Europe
(18,872
)
 
(15,989
)
 
(22,435
)
Asia Pacific
9,943

 
9,206

 
4,063

South America
(14,136
)
 
(18,201
)
 
(44,127
)
Income before income taxes
$
213,100

 
$
194,760

 
$
152,988

 
 
 
 
 
 
Net interest expense included in segment profit (loss)
 
 
 
 
 
North America
$
16,824

 
$
13,013

 
$
12,262

Europe
12,287

 
13,871

 
13,648

Asia Pacific
11,884

 
13,720

 
10,227

South America
1,117

 
785

 
2,194

Consolidated
$
42,112

 
$
41,389

 
$
38,331

 
 
 
 
 
 
Depreciation and amortization expense
 
 
 
 
 
North America
$
66,734

 
$
57,546

 
$
54,160

Europe
40,899

 
37,992

 
36,845

Asia Pacific
27,085

 
24,635

 
18,856

South America
3,370

 
2,487

 
4,566

Consolidated
$
138,088

 
$
122,660

 
$
114,427

 
 
 
 
 
 
 
  Year Ended December 31,
 
2017
 
2016
 
2015
Capital expenditures
 
 
 
 
 
North America
$
67,333

 
$
61,321

 
$
64,933

Europe
45,881

 
57,054

 
46,766

Asia Pacific
51,182

 
33,818

 
43,276

South America
4,919

 
2,064

 
2,783

Corporate
17,480

 
10,111

 
8,509

Consolidated
$
186,795

 
$
164,368

 
$
166,267

 
 
 
 
 
 
 
 
 
December 31,
 
 
 
2017
 
2016
Segment assets
 
 
 
 
 
North America
 
 
$
1,049,218

 
$
985,809

Europe
 
 
644,586

 
582,385

Asia Pacific
 
 
686,329

 
611,849

South America
 
 
54,846

 
46,125

Eliminations and other
 
 
290,669

 
265,534

Consolidated
 
 
$
2,725,648

 
$
2,491,702


Product Line Information
Product line information for revenues was as follows:
 
  Year Ended December 31,
 
2017
 
2016
 
2015
Revenues
 
 
 
 
 
Sealing systems
$
1,908,852

 
$
1,816,924

 
$
1,783,068

Fuel and brake delivery systems
757,198

 
725,689

 
675,493

Fluid transfer systems
521,553

 
494,940

 
458,699

Anti-vibration systems
326,684

 
301,199

 
278,891

Other
103,839

 
134,139

 
146,653

Consolidated
$
3,618,126

 
$
3,472,891

 
$
3,342,804



Geographic Information
Geographic information for revenues, based on country of origin, and property, plant and equipment, net, is as follows:
 
  Year Ended December 31,
 
2017
 
2016
 
2015
Revenues
 
 
 
 
 
United States
$
872,025

 
$
879,579

 
$
901,089

Mexico
723,423

 
638,750

 
585,558

China
494,727

 
455,999

 
355,141

France
299,257

 
288,905

 
285,384

Canada
287,222

 
298,157

 
291,974

Poland
253,109

 
239,941

 
246,997

Germany
192,959

 
218,363

 
226,566

Other
495,404

 
453,197

 
450,095

Consolidated
$
3,618,126

 
$
3,472,891

 
$
3,342,804

 
 
 
 
 
 
 
 
 
December 31,
 
 
 
2017
 
2016
Property, plant and equipment, net
 
 
 
 
 
United States
 
 
$
193,132

 
$
170,671

Mexico
 
 
114,762

 
108,585

China
 
 
199,271

 
163,171

France
 
 
72,285

 
61,226

Canada
 
 
43,347

 
49,509

Poland
 
 
73,282

 
67,686

Germany
 
 
86,297

 
85,026

Other
 
 
169,802

 
126,395

Consolidated
 
 
$
952,178

 
$
832,269


Customer Concentration
Sales to customers of the Company which contributed 10% or more of its total consolidated sales and the related percentage of consolidated Company sales for 2017, 2016 and 2015 are as follows:
 
2017
Percentage of
Net Sales
 
2016
Percentage of
Net Sales
 
2015
Percentage of
Net Sales
Customer
 
 
 
 
 
Ford
28
%
 
27
%
 
26
%
General Motors
19
%
 
17
%
 
16
%
Fiat Chrysler Automobiles
11
%
 
12
%
 
12
%