Business Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Reportable segment information

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

(Dollars in thousands)	High Performance Foams		Printed Circuit Materials		Power Electronics Solutions			Other		Total
2013
Net sales	$	168,082	$	184,949	$	160,730		$	23,721	$	537,482
Operating income (loss)	22,339		18,788		1,088			7,065		49,280
Total assets	221,848		177,716		382,818			24,152		806,534
Capital expenditures	3,030		7,793		5,287			749		16,859
Depreciation & amortization	6,410		7,004		12,406			531		26,351
Investment in unconsolidated joint ventures	18,463		—		—			—		18,463
Equity income (loss) in unconsolidated joint ventures	4,326		—		—			—		4,326
2012
Net sales	$	179,421	$	161,893	$	134,279		$	23,168	$	498,761
Operating income (loss)	25,730		8,170		(12,022		)	3,786		25,664
Total assets	233,401		156,103		345,013			24,761		759,278
Capital expenditures	4,947		12,849		5,746			232		23,774
Depreciation & amortization	7,947		7,172		11,083			928		27,130
Investment in unconsolidated joint ventures	21,171		—		—			—		21,171
Equity income (loss) in unconsolidated joint ventures	4,743		—		—			—		4,743
2011
Net sales	$	177,645	$	166,424	$	180,234		$	24,038	$	548,341
Operating income (loss)	28,280		11,127		11,320			2,755		53,482
Total assets	192,829		123,883		338,418			21,655		676,785
Capital expenditures	5,325		5,901		9,362			728		21,316
Depreciation & amortization	7,873		6,348		10,989			1,098		26,308
Investment in unconsolidated joint ventures	23,868		—		—			—		23,868
Equity income (loss) in unconsolidated joint ventures	5,451		—		—			—		5,451

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

The following table sets forth the operating income (loss) reconciliation to the consolidated statements of income (loss) for the periods indicated:

	2013			2012			2011
Operating income (loss)	$	49,280		$	25,664		$	53,482
Equity income in unconsolidated joint ventures	4,326			4,743			5,451
Other income (expense), net	(1,240		)	(208		)	1,942
Net realized investment gain (loss)	—			(3,245		)	(196		)
Interest income (expense), net	(3,481		)	(4,304		)	(4,911		)
Income (loss) before income tax expense (benefit)	$	48,885		$	22,650		$	55,768

Revenue and long-lived assets by geographic region

Information relating to our operations by geographic area is as follows:

	Net Sales (1)						Long-lived Assets (2)
(Dollars in thousands)	2013		2012		2011		2013		2012		2011
United States	$	118,263	$	115,035	$	109,581	$	64,545	$	64,845	$	65,432
Asia	275,969		250,682		271,132		68,613		69,830		64,181
Europe	132,126		123,040		154,423		171,615		172,671		177,196
Other	11,124		10,004		13,205		—		—		—
Total	$	537,482	$	498,761	$	548,341	$	304,773	$	307,346	$	306,809

⁽¹⁾    Net sales are allocated to countries based on the location of the customer.

⁽²⁾    Long-lived assets are based on the location of the asset and are comprised of goodwill and other intangibles and property, plant and equipment.