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Note 15 - Segments
 9 Months Ended
Sep. 30, 2019
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
15.
SEGMENTS
 
The Company operates in
one
industry with
three
reportable operating segments, which are geographic in nature.  The segments consist of North America, Asia and Europe.  The primary criteria by which financial performance is evaluated and resources are allocated are net sales and income from operations.  The following is a summary of key financial data:
 
   
Three Months Ended
    
Nine Months Ended
  
   
September 30,
    
September 30,
  
   
2019
    
2018
    
2019
    
2018
  
Net Sales to External Customers:
                                
North America
   $
65,778
     $
70,654
     $
197,430
     $
201,351
  
Asia
    
39,954
      
53,528
      
116,555
      
138,062
  
Europe
    
18,747
      
22,307
      
63,299
      
66,038
  
    $
124,479
     $
146,489
     $
377,284
     $
405,451
  
                                 
Net Sales:
                                
North America
   $
68,190
     $
73,932
     $
205,113
     $
211,105
  
Asia
    
59,561
      
78,008
      
184,933
      
204,152
  
Europe
    
23,761
      
25,398
      
76,359
      
77,341
  
Less intercompany net sales
    
(27,033
 )    
(30,849
 )    
(89,121
 )    
(87,147
 )
    $
124,479
     $
146,489
     $
377,284
     $
405,451
  
                                 
(Loss) Income from Operations:
                                
North America
   $
(8,406
 )   $
3,360
     $
(6,526
 )   $
6,021
  
Asia
    
2,463
      
5,753
      
3,746
      
10,987
  
Europe
    
1,320
      
1,386
      
5,925
      
4,595
  
    $
(4,623
 )   $
10,499
     $
3,145
     $
21,603
  
 
 
Net Sales
– Segment net sales are attributed to individual segments based on the geographic source of the billing for such customer sales.  Intercompany sales include finished products manufactured in foreign countries which are then transferred to the United States and Europe for sale; finished goods manufactured in the United States which are transferred to Europe and Asia for sale; and semi-finished components manufactured in the United States which are sold to Asia for further processing.
 
Goodwill Impairment
- As discussed in Note
4,
Fair Value Measurements, the Company recorded an
$8.9
million non-cash impairment charge related to its North America goodwill in the
third
quarter of
2019.
  This charge impacted income from operations for the North America segment in the
three
- and
nine
-month periods ended
September 30, 2019. 
 
(Loss) income from operations represents net sales less operating costs and expenses and does
not
include any amounts related to intercompany transactions.