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Segment Information (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Reportable Segment Information
As a result of the acquisition, we significantly increased our asset holdings. The following table sets forth the total assets allocated to each segment:
(Dollars in thousands)
 
 
June 30, 2015
Assets
 
Advanced Connectivity Solutions
$
315,714

Elastomeric Material Solutions
276,218

Power Electronics Solutions
335,248

Other
40,550

Total Assets
$
967,730

The following table sets forth the information about our segments for the periods indicated, inter-segment sales have been eliminated from the sales data:
(Dollars in thousands)
Three Months Ended
 
Six Months Ended
 
June 30,
2015
 
June 30,
2014
 
June 30,
2015
 
June 30,
2014
Net sales
 
 
 
 
 
 
 
Advanced Connectivity Solutions
$
66,408

 
$
61,507

 
$
137,695

 
$
120,044

Elastomeric Material Solutions
47,016

 
42,796

 
91,572

 
84,000

Power Electronics Solutions
38,539

 
42,919

 
77,068

 
83,717

Other
11,135

 
6,273

 
21,814

 
12,374

Net sales
$
163,098

 
$
153,495

 
$
328,149

 
$
300,135

 
 
 
 
 
 
 
 
Operating income
 

 
 

 
 

 
 

Advanced Connectivity Solutions
$
12,046

 
$
10,300

 
$
24,883

 
$
22,260

Elastomeric Material Solutions
5,533

 
4,580

 
8,548

 
10,310

Power Electronics Solutions
851

 
(733
)
 
3,219

 
832

Other
2,080

 
2,072

 
3,960

 
4,275

Operating income
20,510

 
16,219

 
40,610

 
37,677

 
 
 
 
 
 
 
 
Equity income in unconsolidated joint ventures
392

 
1,062

 
1,311

 
2,039

Other income (expense), net
(517
)
 
(76
)
 
(646
)
 
(1,268
)
Interest expense, net
(1,304
)
 
(720
)
 
(2,310
)
 
(1,468
)
Income before income tax expense (benefit)
$
19,081

 
$
16,485

 
$
38,965

 
$
36,980