Segments (Tables)

3 Months Ended

Mar. 31, 2013

Segments [Abstract]

Summarized financial information concerning reportable segments

Summarized financial information concerning CTS’ reportable segments is shown in the following table:

($ in thousands)	Components and Sensors			EMS			Total
First Quarter of 2013
Net sales to external customers	$	98,062		$	51,450		$	149,512
Segment operating earnings before corporate and shared services charges		10,382			1,063			11,445
Corporate and shared services charges		(5,979	)		(1,682	)		(7,661	)
Segment operating earnings/(loss)		4,403			(619	)		3,784
Total assets		450,827			113,723			564,550
First Quarter of 2012
Net sales to external customers	$	76,418		$	70,551		$	146,969
Segment operating earnings before corporate and shared services charges		7,344			455			7,799
Corporate and shared services charges		(4,324	)		(1,543	)		(5,867	)
Segment operating earnings/(loss) (1)		3,020			(1,088	)		1,932
Total assets		357,687			150,979			508,666

⁽¹⁾  EMS segment’s operating loss of $(1,088) includes $1,769 of insurance recovery for property damage related to the flood at CTS Thailand’s manufacturing facility.

Reconciling information between reportable segments' operating earnings and consolidated earnings before income taxes

Reconciling information between reportable segments’ operating earnings and CTS’ consolidated earnings before income taxes is shown in the following table for three-month periods then ended:

($ in thousands)	March 31, 2013			April 1, 2012
Total segment operating earnings	$	3,784		$	1,932
Restructuring and restructuring-related charges — Components and Sensors		(227	)		—
Restructuring and restructuring-related charges — EMS		(595	)		—
Interest expense		(915	)		(659	)
Interest income		413			449
Other income		298			575
Earnings before income taxes	$	2,758		$	2,297