Reporting Segment Information |
The following table sets forth reporting segment information (in thousands): | | | | | | | | | | | | | | | | | | | | | | Foil Technology Products | | Force Sensors | | Weighing and Control Systems | | Corporate/ Other | | Total | 2017 | | | | | | | | | | Net third-party revenues | $ | 116,272 |
| | $ | 65,446 |
| | $ | 72,632 |
| | $ | — |
| | $ | 254,350 |
| Intersegment revenues | 2,316 |
| | 1,346 |
| | 911 |
| | (4,573 | ) | | — |
| Gross profit | 47,755 |
| | 18,192 |
| | 32,336 |
| | — |
| | 98,283 |
| Segment operating income (loss) | 26,426 |
| | 9,274 |
| | 14,770 |
| | (28,845 | ) | | 21,625 |
| Restructuring costs | 85 |
| | 849 |
| | 602 |
| | 508 |
| | 2,044 |
| Depreciation and amortization expense | 4,946 |
| | 2,537 |
| | 2,133 |
| | 1,010 |
| | 10,626 |
| Capital expenditures | 4,519 |
| | 4,297 |
| | 823 |
| | 453 |
| | 10,092 |
| Total assets | 119,175 |
| | 77,756 |
| | 97,007 |
| | 12,613 |
| | 306,551 |
| | | | | | | | | | | 2016 | | | | | | | | | | Net third-party revenues | $ | 100,942 |
| | $ | 60,234 |
| | $ | 63,753 |
| | $ | — |
| | $ | 224,929 |
| Intersegment revenues | 2,340 |
| | 1,954 |
| | 818 |
| | (5,112 | ) | | — |
| Gross profit | 39,368 |
| | 15,632 |
| | 27,809 |
| | — |
| | 82,809 |
| Segment operating income (loss) | 20,391 |
| | 7,056 |
| | 10,221 |
| | (26,957 | ) | | 10,711 |
| Acquisition costs | 427 |
| | — |
| | 67 |
| | — |
| | 494 |
| Restructuring costs | 1,137 |
| | 413 |
| | 837 |
| | 279 |
| | 2,666 |
| Depreciation and amortization expense | 4,894 |
| | 2,924 |
| | 2,323 |
| | 1,008 |
| | 11,149 |
| Capital expenditures | 6,516 |
| | 2,179 |
| | 1,551 |
| | 179 |
| | 10,425 |
| Total assets | 99,411 |
| | 64,934 |
| | 90,447 |
| | 15,718 |
| | 270,510 |
| | | | | | | | | | | 2015 | | | | | | | | | | Net third-party revenues | $ | 104,460 |
| | $ | 61,048 |
| | $ | 66,670 |
| | $ | — |
| | $ | 232,178 |
| Intersegment revenues | 2,400 |
| | 2,105 |
| | 760 |
| | (5,265 | ) | | — |
| Gross profit | 41,640 |
| | 12,510 |
| | 30,079 |
| | — |
| | 84,229 |
| Segment operating income (loss) | 24,285 |
| | 3,459 |
| | 11,289 |
| | (35,674 | ) | | 3,359 |
| Acquisition costs | — |
| | — |
| | 185 |
| | — |
| | 185 |
| Impairment of goodwill and indefinite-lived intangibles | — |
| | — |
| | 4,942 |
| | — |
| | 4,942 |
| Restructuring costs | 613 |
| | 2,932 |
| | 517 |
| | 399 |
| | 4,461 |
| Depreciation and amortization expense | 5,098 |
| | 3,080 |
| | 1,956 |
| | 963 |
| | 11,097 |
| Capital expenditures | 7,585 |
| | 1,486 |
| | 467 |
| | 440 |
| | 9,978 |
| Total assets | 86,709 |
| | 65,445 |
| | 99,935 |
| | 11,658 |
| | 263,747 |
|
|
Reporting Segment Information, Corporate Other and Excluded Items |
The “Corporate/Other” column for segment operating income (loss) includes unallocated selling, general, and administrative expenses and certain items which management excludes from segment results when evaluating segment performance, as follows (in thousands): | | | | | | | | | | | | | | Years ended December 31, | | 2017 | | 2016 | | 2015 | Unallocated selling, general, and administrative expenses | $ | (26,801 | ) | | $ | (23,797 | ) | | $ | (26,086 | ) | Acquisition costs | — |
| | (494 | ) | | (185 | ) | Impairment of goodwill and indefinite-lived intangibles | — |
| | — |
| | (4,942 | ) | Restructuring costs | (2,044 | ) | | (2,666 | ) | | (4,461 | ) | | $ | (28,845 | ) | | $ | (26,957 | ) | | $ | (35,674 | ) |
|
Revenue From External Customers and Long-Lived Assets, by Geographical Areas |
The following geographic data include net revenues based on revenues generated by subsidiaries located within that geographic area, and property and equipment based on physical location (in thousands): | | | | | | | | | | | | | | Years ended December 31, | Net Revenues | 2017 | | 2016 | | 2015 | United States | $ | 105,664 |
| | $ | 95,919 |
| | $ | 92,332 |
| United Kingdom | 26,487 |
| | 26,845 |
| | 30,684 |
| Other Europe | 52,427 |
| | 46,401 |
| | 50,857 |
| Israel | 7,308 |
| | 5,497 |
| | 3,435 |
| Asia | 45,084 |
| | 34,883 |
| | 34,893 |
| Canada | 17,380 |
| | 15,384 |
| | 19,977 |
| | $ | 254,350 |
| | $ | 224,929 |
| | $ | 232,178 |
|
| | | | | | | | | | December 31, | Property and Equipment - Net | 2017 | | 2016 | United States | $ | 11,932 |
| | $ | 12,132 |
| United Kingdom | 4,385 |
| | 4,110 |
| Other Europe | 1,427 |
| | 1,255 |
| Israel | 18,895 |
| | 19,894 |
| Asia | 18,100 |
| | 16,904 |
| Canada and Other | 935 |
| | 990 |
| | $ | 55,674 |
| | $ | 55,285 |
|
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