Segment Information

9 Months Ended

Sep. 30, 2012

Segment Information

Segment Information

Our reporting structure is comprised of the following operating segments: High Performance Foams, Printed Circuit Materials, Curamik Electronics Solutions and Power Distribution Systems and the Other reportable segment.

Segment Structure
Core Strategic
	High Performance Foams
	Printed Circuit Materials
	Power Electronics Solutions
		Curamik Electronics Solutions
		Power Distribution Systems
Other

The “Power Electronics Solutions” core strategic category is comprised of two operating segments – Curamik Electronics Solutions and Power Distribution Systems.

The following table sets forth the information about our reportable segments for the periods indicated:

(Dollars in thousands)	Three Months Ended						Nine Months Ended
	September 30, 2012			September 30, 2011			September 30, 2012			September 30, 2011
Net sales
Core Strategic
High Performance Foams	$	48,045		$	49,795		$	131,807		$	132,950
Printed Circuit Materials	43,437			43,007			123,352			129,235
Power Electronics Solutions
Curamik Electronics Solutions	22,050			36,764			70,250			104,274
Power Distribution Systems	9,395			11,282			31,484			37,696
Other	7,321			6,496			21,399			22,618
Net sales	130,248			147,344			378,292			426,773
Operating income (loss)
Core Strategic
High Performance Foams	8,848			10,717			16,001			22,010
Printed Circuit Materials	3,195			2,822			5,971			12,056
Power Electronics Solutions
Curamik Electronics Solutions	(2,393		)	4,133			(5,371		)	7,290
Power Distribution Systems	(326		)	342			(840		)	4,251
Other	777			(91		)	2,731			2,053
Operating income (loss)	10,101			17,923			18,492			47,660
Equity income in unconsolidated joint ventures	1,773			1,290			3,735			4,041
Other income (expense), net	19			302			141			1,931
Net realized investment gain (loss)	—			(235		)	(3,245		)	(203		)
Interest income (expense), net	(1,104		)	(1,040		)	(3,366		)	(3,884		)
Income (loss) before income tax expense (benefit)	$	10,789		$	18,240		$	15,757		$	49,545

Inter-segment sales have been eliminated from the sales data in the preceding table.